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Cipherloc Corp. (CLOK)

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Last Post: 9/18/2020 2:06:04 PM - Followers: 112 - Board type: Free - Posts Today: 0




Business Description: CipherLoc Corporation (the “Company”) was incorporated in Texas on June 22, 1953 as American Mortgage Company. On March 15, 2015, the Company changed its name to CipherLoc Corporation. The ticker symbol is CLOK and trades on the OTCQB. CipherLoc Corporation is a provider of advanced encryption technology that enables smarter privacy and better security both today and in the coming quantum computing era. Our innovative solutions are based on patented polymorphic encryption technology which adds a layer of protection to existing products, services, and applications. We deliver solutions that are secure, synergistic, and scalable across a variety of applications and markets that demand mission-critical encryption capabilities.

Contact Information:
21819 N Scottsdale Road, Scottsdale, AZ 85255
Phone:  866-401-6552
Email: Info@cipherloc.net

Profile Data:
SIC - Industry Classification - 7374 - Services - Computer Processing and Data Preparation
Incorporated In: TX, USA
Year of Inc. - 1953

Company Officers:

Andrew Borene - President & CEO
Dr. Milton Mattox - COO
Ben Poernomo - CMO & VP of Products

Ryan Polk - Interim CFO

Company Directors:

Tom Wilkinson - Chairman of the Board 
Anthony Ambrose - Lead Independent Director
David Chasteen - Independent Director
Zeynep Young - Independent Director
Dr. Sammy Davis - Indepenent Director
Andrew Borene - Director
Michael Delagarza - Director


Directors and Executive Officers

Set forth below is information regarding the Company’s current directors and executive officers. There are no family relationships between any of our directors or executive officers. The directors are elected annually by stockholders. The executive officers serve at the pleasure of the Board of Directors.


Name       Title
Andrew Borene       President & CEO
Dr. Milton Mattox       COO & VP of Engineering
Ben Poernomo       CMO & VP of Products
Anthony Ambrose       Independent Director
Tom Wilkinson       Chairman of the Board
Dr. Sammy Davis       Independent Director
David Chasteen       Independent Director
Zeynep Young       Independent Director

The CEO, directors, and officers of the Company will hold office until additional members or officers are duly elected. The background and principal occupations of the directors and officers of the Company are as follows:

Andrew Borene has been the President and Chief Executive Officer of CipherLoc Corporation (OTC: CLOK), a publicly held developer of quantum-secure encryption technology, since November 2019. Andrew joined CipherLoc from Symantec Corporation where he led the company’s National Security Group. Andrew has also led high-performing teams and initiatives for companies including IBM, LexisNexis, Booz Allen Hamilton, Wells Fargo and several advanced technology startups. He was also a senior advisor to the Director of the Intelligence Advanced Research Projects Activity (IARPA) as a contractor to the Office of the Director of National Intelligence (ODNI). In government, Andrew has served as an Associate Deputy General Counsel at the Pentagon and as a U.S. Marine Corps intelligence officer and cryptologic officer. He has received the FBI Director’s Award for Exceptional Service in the Public Interest and is a life member of the Council on Foreign Relations. He holds a B.A. in Economics from Macalester College and a J.D. from the University of Minnesota Law School. He completed executive education in international development finance at Harvard University, and the U.S. Marine Corps University’s Expeditionary Warfare School. He is a licensed attorney in Washington, D.C. and a Certified Information Systems Security Professional (CISSP).

Dr. Milton Mattox, Chief Operating Officer & VP of Engineering. Dr. Mattox is an experienced, senior technology executive with an extensive background in software engineering, application development, IT infrastructure and team management. This includes a proven track record of transforming and accelerating technology development and delivery in alignment with the goals of global businesses. His professional experience includes an executive vice president position at Lucent Technologies with executive level experience at Intuit, Mitel, SHPS, Narus, India, Cigna, and CGI. Dr. Mattox holds a Doctorate in Organization and Leadership from the University of San Francisco, an M.B.A from City University of Seattle, a Bachelor of Science, Electronic Engineering Technology from DeVry University and a Global Leadership Certification Program, Thunderbird School of Global Management. 

Ben Poernomo, Chief Marketing Officer, brings extensive cybersecurity experience in threat analysis and response, commercial channel development and government sales leadership. He was previously engaged in the National Security Group at Symantec, where he oversaw sales and engineering activity in the federal public sector, including threat intelligence. He was also Chief of Operations for IBM's X-Force Command CTOC, where he led immersive cyber incident simulations and responses for Global 2000 and larger enterprises. Additionally, he has led innovative technology development programs in various Department of Defense agencies while at Visionist, Inc and has experience in procurement for joint cyber capability programs of the US armed forces.His experience includes eight years of service in the U.S. Army's intelligence and cyber operations.

Ryan Polk, Interim Chief Financial Officer, brings more than 25 years of experience in executive and financial roles at companies ranging from emerging growth to the Fortune 500. Mr. Polk has been the principal of Perissos Partners, an executive consulting firm, since June 2017. While at Perissos, Mr. Polk served in CFO roles at Generation Next and Cellpoint Corporation. From July 2011 to May 2017, Mr. Polk served in executive roles in the portfolio companies owned by Lacy Diversified, a family office based in Indianapolis, IN which actively managed investments in distribution, light manufacturing, and supply chain management with combined revenue approaching $2 billion. He also led the mergers and acquisition team for Lacy. From August 2008 to June 2011, Mr. Polk served as the Vice President for Corporate Financial Planning and Analysis for Brightpoint, a publicly traded, Fortune 500 mobile device logistics company, based in Indianapolis, IN prior to its sale to Ingram Micro. He began his career at Ernst & Young in the firm’s tax consulting group. Mr. Polk earned a Bachelor of Science in Accounting and Industrial Management from Purdue University – Krannert School of Management in 1990. Mr. Polk is also a certified public accountant (inactive). 

Anthony Ambrose, Lead Independent Director, has served for the past six years as a director, President and Chief Executive Officer of Data I/O, the leading global provider of advanced data and security programming solutions, and a Nasdaq listed company (DAIO). Prior to Data I/O, Mr. Ambrose was Owner and Principal of Cedar Mill Partners, LLC, a strategy consulting firm since 2011. From 2007 to 2011, he was Vice President and General Manager at RadiSys Corporation, a leading provider of embedded wireless infrastructure solutions, where he established the telecom platform business and grew it to over $125M in annual revenues. He was previously general manager and held several other progressively responsible positions at Intel Corporation, where he led development and marketing of standards-based communications platforms and grew the industry standard server business to over $1B in revenues. Mr. Ambrose has a Bachelor of Science degree in Engineering from Princeton University.

Tom Wilkinson, Chairman of the Board, brings a background in public accountancy and C-level executive experience for a Nasdaq listed company to Cipherloc. He presently owns and operates Wilkinson & Company, a financial and business consulting firm focused on emerging growth pre-IPO and public companies. Mr. Wilkinson previously served as the Chief Executive Officer of Xplore Technologies until the sale of the company to Zebra Technologies in 2018. Xplore was a NASDAQ listed public company and the sale resulted in a superior return to the investors. Prior to becoming the CEO, Mr. Wilkinson served as the company's Chief Financial Officer and led a successful operational turnaround driving the business to profitability. He is also an experienced audit partner at a public accountancy firm he founded and grew to seven offices and served as CFO of Amherst Holdings, a privately held corporation. Mr. Wilkinson currently serves on the board of Astrotech (ASTC) and is a CPA in the State of Texas.

Dr. Sammy Davis serves as an Independent Director of the Company who has over 20 years’ experience in operations, finance, budgeting, financial reporting, revenue cycle management, inventory, payroll, accounts receivable and payable, and information systems in the healthcare industry. He has held numerous managerial positions as the Chief Executive Officer and Administrator. Dr. Davis holds a Doctor of Public Health degree from the University of Texas. 

David Chasteen serves as an Independent Director who brings direct leadership experience in the information security, military and intelligence communities. He is currently the Chief Information Security Officer (CISO) for the San Francisco Police Department and the President of the San Francisco Veterans Affairs Commission. His background includes serving as a Captain with the Third Infantry Division of the United States Army, working as a Financial Advisor at Merrill Lynch and UBS, and as a Chief Technology Officer at L-3 MPRI. Additionally, he served on the Iraq and Afghanistan Veterans of America (IAVA) board of advisors before joining the National Clandestine Service and serving as the Executive Officer of the CIA’s Covert Action Staff. He has also worked as the Threat Intelligence Officer for the City and County of San Francisco. David earned a BS in Political Science at Ball State University’s Honors College. 

Zeynep Young serves as an Independent Director has 20 years of entrepreneurship and consulting experience in the technology sector. She currently serves as a Venture Partner at Next Coast Ventures. Previously, Ms. Young was the founder and CEO of Double Line Partners (DLP), an ed-tech data company she bootstrapped and grew to $18M in revenues prior to a successful exit to private equity. She was a portfolio manager with the Michael & Susan Dell Foundation, where she managed a $150 million portfolio investing in disruptive technologies to improve public education and health outcomes, and an Associate Principal at McKinsey & Company in the worldwide high-tech practice. Ms. Young was named an Ernst & Young Entrepreneur of the Year Award Finalist in Central Texas in 2013 and was on the Forbes list of Women Who Built Outstanding Companies. She has an MBA from the Kellogg Graduate School of Management at Northwestern University and a BA from Rice University. 

Michael De La Garza is a director with 27 years of experience in the software industry as an executive officer and founder of numerous companies both private and publicly traded. His career started in 1991 as the COO of a medical imaging company and subsequently founded or co-founded three other software companies where he served as President and/or CEO. Michael studied computer science at Southwest Texas State University and received a Computer Science Technical degree from Danforth Technical College in 1980.

Common Shares Outstanding:

9/30/16 - 5,268,859
2/2/17 - 5,675,359
11/14/18 - 40,783,164
8/19/19 - 40,783,164
12/31/19 - 41,972,510

Share Structure:
Market Value    $ 33,016,083 
    a/o February 7, 2020
Authorized Shares    681,000,000    a/o December 31, 2019

Outstanding Shares    41,972,510    a/o , December 31, 2019

Par Value - 0.01
Shareholders of Record - 1,163 a/o December 31, 2019
-Restricted    33,571,919
-Unrestricted    8,220,591
-Held at DTC    Not Available

Float  8,220,591  a/o Feb 7, 2020

1M Preferred shares issued - convertible 1 to 1.5 common - Convertible to 1,500,000 common

** Entity Public Float Value (a/o 2-7-20): $6,494,266 **

Transfer Agent:
Pacific Stock Transfer Co.
4045 Spencer St # 403
Las Vegas, NV 89119-5272
(702) 361-3033

SEC Filings:

  Market Value  $ 33,016,083 a/o Feb 7, 2020
Authorized Shares 681,000,000 a/o Dec 31, 2019
  Outstanding Shares 41,972,510 a/o Dec 31, 2019
  -Restricted 33,571,919
  -Unrestricted 8,220,591
  Held at DTC Not Available
Float $6,494,266 a/o Feb 7, 2020
  Par Value 0.01
Current Price
Bid Ask Day's Range
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  • 6M
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CLOK News: Current Report Filing (8-k) 09/01/2020 08:30:32 AM
CLOK News: Current Report Filing (8-k) 08/14/2020 10:47:51 AM
CLOK News: Quarterly Report (10-q) 08/14/2020 10:01:10 AM
CLOK News: Current Report Filing (8-k) 05/15/2020 04:24:57 PM
CLOK News: Quarterly Report (10-q) 05/15/2020 04:17:22 PM
#22141  Sticky Note Print Release September 01, 2020 Cipherloc Settles Litigation with Former clok-em-dead 09/01/20 08:43:59 AM
#21503  Sticky Note Milton is a spineless individual who has been SleuthHound 04/11/20 12:19:14 PM
#22193   I will say it for him, CLOKtickticktick 09/18/20 02:06:04 PM
#22191   You forgot to say PLEASE !!!!!!!! I hope it's clok-em-dead 09/17/20 07:08:19 PM
#22190   So Then Lets Make Everyone Happy and Have Hemaygoalltheway 09/17/20 06:42:01 PM
#22189   Revenue is the ONLY thing that will push clok-em-dead 09/17/20 03:03:43 PM
#22188   "In U.S. government procurement, all solutions that use CLOKtickticktick 09/17/20 01:13:14 PM
#22187   I will take a solid PR like this CLOKtickticktick 09/17/20 01:03:25 PM
#22185   More PRs that Sound great But at this Hemaygoalltheway 09/17/20 11:46:36 AM
#22184   Cipherloc FIPS 140-2 Validated Libraries Available for Mobile clok-em-dead 09/17/20 09:16:03 AM
#22183   Check...another validation September 17, 2020 Cipherloc FIPS 140-2 Validated intuition 09/17/20 08:59:55 AM
#22182   The one PR stated a few weeks..... it clok-em-dead 09/17/20 07:15:37 AM
#22181   “No news. Unfortunately the info coming out over hoodoo 09/16/20 11:23:04 PM
#22180   No news. Unfortunately the info coming out over Freecashflow 09/16/20 10:56:15 PM
#22179   Has anyone made any calls, or heard of hoodoo 09/16/20 08:36:23 PM
#22178   LOL, that's exactly what I thought when I CLOKtickticktick 09/08/20 03:17:06 PM
#22177   The best revenge would be for Cipherloc to fsoalex 09/04/20 09:00:29 PM
#22176   One things definitely for sure. The criminal has clok-em-dead 09/04/20 08:19:32 AM
#22175   Agreed. Justice would be grand. Btw.... your name Cloctickticktick......seems clok-em-dead 09/04/20 05:41:33 AM
#22174   I just want proper justice to be served CLOKtickticktick 09/03/20 09:09:20 PM
#22173   I hope this doesn't run until I get clok-em-dead 09/03/20 03:06:44 PM
#22172   You are a good man omtrader. clok-em-dead 09/03/20 02:00:18 PM
#22171   I guess this isn't so personal for me, omtrader 09/03/20 01:45:19 PM
#22170   Exactly! He is a criminal, and letting him skate Stock_Barber 09/03/20 12:41:39 PM
#22169   WAY FAR TOO KIND!!! MDLG told lies CLOKtickticktick 09/03/20 11:32:41 AM
#22168   You're way to kind....lol. Quote....... So, with that in mind, clok-em-dead 09/02/20 03:59:46 PM
#22167   Whether MDLG could be convicted of a crime, omtrader 09/02/20 03:57:22 PM
#22166   According to the settlement, MDLG retains about 1.3 omtrader 09/02/20 03:25:42 PM
#22165   Pretty sure that if there is evidence of clok-em-dead 09/02/20 01:00:13 PM
#22164   Exactly clok-em-dead 09/02/20 12:56:56 PM
#22163   After we receive the 13.1 MILLION SHARES back CLOKtickticktick 09/02/20 12:48:59 PM
#22162   I agree this seems the best result, especially CLOKtickticktick 09/02/20 12:46:16 PM
#22161   How quiet? MDLG may finally stop posting CLOKtickticktick 09/02/20 12:41:17 PM
#22160   This settlement will let Cipherloc start to immediately clok-em-dead 09/02/20 12:17:37 PM
#22159   MDLG may still be able to be prosecuted, CLOKtickticktick 09/02/20 12:09:04 PM
#22158   I find this interesting....... Michael De La Garza 1245 Perlita Irvine, clok-em-dead 09/01/20 04:16:30 PM
#22157   Things should be getting awfully quiet. Non-Disparagement: In clok-em-dead 09/01/20 04:12:24 PM
#22156   Complete with settlement agreement. https://www.otcmarkets.com/filing/conv_pdf? clok-em-dead 09/01/20 04:05:14 PM
#22155   Current Report Filing (8-k) Source: Edgar (US Regulatory) clok-em-dead 09/01/20 03:52:53 PM
#22154   He is still able to be prosecuted. My focus clok-em-dead 09/01/20 02:03:36 PM
#22153   I'm sure there will be more to this zagnut 09/01/20 01:12:59 PM
#22152   Hopefully This will take us Shareholders Hemaygoalltheway 09/01/20 12:51:59 PM
#22151   I expect PR after PR now. Revenue is a coming. clok-em-dead 09/01/20 12:33:25 PM
#22150   This is the best outcome possible. Cipherloc can clok-em-dead 09/01/20 12:32:42 PM
#22149   Overall... ridiculous Nietzsche 09/01/20 11:46:51 AM
#22147   So what percentage gain should we see in CommonMan 09/01/20 09:41:22 AM
#22146   And yet he gets 100's of thousands MORE Stock_Barber 09/01/20 09:36:41 AM
#22145   Bye Bye and Good Riddance Mike!!!!!!!!! Don’t Hemaygoalltheway 09/01/20 09:30:37 AM
#22144   Agreed...fantastic news. Great job BOD and Milton. Now intuition 09/01/20 09:05:11 AM
#22143   Folks....your share value just went up tremendously. clok-em-dead 09/01/20 08:49:39 AM
#22142   The criminal is gone clok-em-dead 09/01/20 08:44:46 AM
#22141   Print Release September 01, 2020 Cipherloc Settles Litigation with Former clok-em-dead 09/01/20 08:43:59 AM
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