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Brian,
In my opinion the revenue comes with a high cost of doing business As an example the President of the United states pay is $400,000 I just looked on yahoo to be accurate yours is $353,000 very difficult on a Penny stock balance sheet. Obviously I am sure you have figured out that I was never for the merger. If SDCH goes bankrupt it will smart and it will provide a tax loss but my life style will not change. I suspect that others are very scared because they may have over invested. I believe the merger was a much better deal for you than it was for Clok share holders. I would be happy to discuss why I believe that if you desire to do so. I do not agree that low trading volume accounts for the loss in share price its been 18 months since the merger. You are trying very hard to make excuses but I do not believe in them.
What do You expect the revenue to be at the end of the year in Dollars not in percentages as they can be deceiving for a penny stock?
All the above are my opinions and hard truths.
Concerned Investor,
Brian,
First off thank you for responding to my post although most of it was not responded to. Youre statement about my losses is not correct. In July of 2022 the stock traded at a high of .18 cents now it is trading at .04 cents a loss of 77% percent That by most peoples judgment is a massive loss . So you cannot blame all losses on NSCT and Clok.Yes you did bring a product producing a very small amount of revenue.
You stated “I'm not here to make up in any way for what NSCT or CLOK didn't do for you. “. Are You stating that you dont care about the older share holders investment? I have seen a lot of mergers before but do not believe I ever heard that said.
Concerned Investor
Brian,
I surely am not laughing. My losses in SDCH are close to 90 % . How long do you expect it will take for the share price to recover my investment? Do really intend to RS and lose another big chunk or all of my remaining 10 percent? In my opinion if you put in effect another RS what we will be is a world leader in reverse splits. Do you not believe that another RS can have financial consequences? Are you aware TradeStation brokerage has blacklisted SDCH? Due to the way a stock becomes blacklisted, after a RS more brokerages may follow.
All the above are just my questions, opinions and hard truths.
Concerned investor
I sometimes post here to try and inform other investors with facts and opinions but will not respond to fools who lie and twist my posts. VCISO you are not part of the above mentioned. Those that respond to my posts in a manner I deem appropriate generally will receive a response.Yes it has been blacklisted that is 100% percent certain and yes they do trade OTC stocks.
I told You before our conversation has ended.
Its great to hear of a podcast which uplifts investment spirits but be careful not to let hopes rise to Irrational exuberance. As an example older CLOK investors have seen very professionally done Chipherloc videos, interviews etc which amounted to nothing except people losing a lot of money.
A couple of weeks ago a friend called me and informed me that a major brokerage company had recently blacklisted SDCH. When a broker blacklists a stock it means they will not allow it to be purchased from them to protect their customers. I called the brokerage company and did confirm it was blacklisted. This is just one of the reasons I believe the SDCH RS and uplist will be a disaster for shareholders. Again I will be totally shocked if a uplist is approved.
In my opinion they did not blacklist SDCH BECAUSE IT WAS GOING TO UPLIST AND THE SHARE PRICE SKYROCKET.
Again all the above are just my opinions and hard truths.
There is no doubt in my mind SDCH is legit.
get lost. our conversation has ended.
I would like to offer another comment to you. What you read or are told when doing DD might not be the “be all or end all”. As my departed father used to say you need to look farther than what is obvious.
Thank You for sharing.
I specifically said there was nothing illegal and I never said anything was shady so quit trying to twist my post. I sincerely hope SDCH has a massive rally so I can sell at a price where my investment is returned. I will thank the lord for a miracle. End of discussion.
Facts as you believe them to be. Good luck with your opinion.
You are entitled to your opinion, flawed as I believe it to be. First let me state I do believe SDCH is a legit company but the hard facts are many legit companies go bankrupt. When the acquisition of sidechannel was in the making I asked a friend (very experienced financial person)if he would research it and he did so. His research conclusions matched my own. Things are not always as they seem people do things for reasons they do not disclose. I am not suggestion anything illegal transpired. Some things happen in the financial world that are just above the paylevel of most.
I will not disclose my research conclusions mention above. In time some may reach the same conclusions as I did. Once again I do believe if the proper revenue is not achieved before the RS investors will again suffer a devastation of the stock price maybe even bankruptcy.
Again all the above are just my opinions.
In my opinion SDCH needs to have a market cap of 250 million or more before even considering a uplist or a RS. With their current balance sheet I will be totally shocked if a uplist is approved . Also at this time it does not appear to me that they have a product that can raise that type of revenue to reach that 250 million market cap. Again all the above are just my opinions.
There can be a few exceptions but RS splits especially massive ones in my experience is a sign company executives believe the company is failing or might fail in the future. Massive stock dilution is more than likely to follow. I speak from considerable experience as past pension trustee on two pension funds that virtually no professional investment money will invest in a company with such a red flag present.
As an example when a bank has financial trouble do they do a reverse split to try and reverse their financial shortfalls ? No not if they care about the bank surviving because they know it further destroys their credibility with investors or depositors and will be avoided like people avoid a plague the same applies to all companies. RS splits are a telltale sign of a loser investment and that is certainly true of SDCH’s history of massive reverse splits. How many times does the cycle have to repeat its self before the lesson is learned.
That above is the hard truths I believe to revolve around RS splits. Again all the above are just my opinions.
This company has a history of very massive stock splits. I stated when the last merger happened that without very substantial revenue increases the stock price would decline (I WAS CRITICIZED SEVERELY) BUT I WAS RIGHT and it has declined severely. Revenue Percentage increases are deceiving when starting from near zero revenue. Much more Revenue is needed not a STOCK SPLIT. I will state that without much more SUBSTANTIAL revenue this will become a sub penny stock. In addition the financial report was not good in my opinion and caused a further decline in the stock price. The cost of business with SDCH IS VERY HIGH. Since its inception the only people of this company who have financially benefited is the employees and officers and they have done very well. It is time the stock holder recognize the truth of where we are at. Once again all of the above are my opinions. I hope that I am proven wrong as massive losses have happened to my investment over the last ten years and that is not an opinion but a fact.
You are confused.
What I suspect is that we had alot of circular trading happening yesterday along with the worthless twins spewing nonsense trying to get people to sell. It matters little to me what the price is today or this month. What does matter is what the price is six months from now. As Jesse Livermore said the big money is in the sitting.
Good Post.
Reread what I wrote I am not blaming anyone. Just stating my opinions and the facts.
In my opinion any attempt to further dilute this stock will send this stock to .02 a share or lower. The current revenue SDCH has IS NOT GOING TO SUPPORT THE SHARE PRICE OF THIS PUBLICLY TRADED COMPANY. After well over a decade we still have not proven we have a marketable Cipherloc product by producing substantial revenue. Substantial revenue is the only answer.
Just my opinions and the hard truths.
Sadly not going to happen!!! Without the proper revenue SDCH WILL IMMEDIATELY MAKE HUGE RUN DOWN.
Just my opinions and the hard truths.
A SDCH uplist will only be successful after substantial revenue has been achieved otherwise it will fail fast. Symbol CISO is a current example of a failimg company looking like it will be trading in the OTC soon. and it has more than 25 million in revenue, SDCH will need many times 25 million in revenue to survive a uplist .
Just my opinions and the hard truths.
In my opinion not a good sign. Why would they not pay the .18 cents a share if Cipherloc had marketable products which could bring in substantial sales? Again stock dilution is not a business.
Just my opinion and the hard truths.
In my opinion the uplist if achieved at this time is at best little more than a wild speculative gamble and will have much trouble getting support from professional investors. In 2014 shareholders were told they were changing the name of their Company to Chipherloc and told shareholders that they had developed revolutionary products (even made videos of their product) and success was now our future and a massive reverse split (100 : 1) was done. Since 2014 they have not deliver on the promises made to shareholders. What they did do was massively dilute shareholder stock to the point we are trading at today which is approximately 10 cents a share. What another reverse split will do is give management the opportunity to once again start stock dilution. If it was ever proven by substantial Chipherloc product sales that we do have marketable Chipherloc products then I would applaud a uplist. I urge shareholders to vote against the reverse split. If the reverse split is implemented I further urge shareholders to contact the SEC and ask them to investigate this Company and its Chipherloc products and also its ways of doing business. Massive stock diluting is not a business.
The above are my opinions and the hard truths.
As I think this uplist through I am thinking this was not thought through very well. Firstly in order for the stock to survive on the nasdaq or american exchanges, institutional investors and pension funds are needed. Institutional investors and pension funds are entities that mostly use Financial advisors who are fiduciaries. With SDCH turbulent history and many years of surviving by diluting shareholder stock I find it hard to believe Fiduciaries would give a recommendation to buy our stock. Now as I said in a previous post if SDCH had three or four years with substantial revenue growth and proven sales in chiperloc products a fiduciary might give it consideration. The fiduciaries do not do things like some crypto exchanges (wild speculative investments) that we have heard about in the news. They have to take their investment recomendation responsibilities very seriously. There would be some retail volume pickup on the nasdaq or american exchanges but long term more will be needed than that.
The above are my opinions and the hard truths.
Sadly I believe the uplist if achieved will ultimately fail. If SDCH had three or four years with substantial revenue growth and proven sales in chiperloc products it would have a chance. The chiperloc products have not proven that so far.
The above are my opinions and the hard truths.
I have looked at the stock (CISO) you messaged me about. In my opinion it suffers from low revenues and small profits. I believe some investors would say the chart pattern is that of a fallen angel. The stock made a high of Fifty dollars in July of 2022 to Two dollars and seventy cents when I last looked. Fallen Angel pattern is often indicative of a very serious issue.
I have seen posts on this board questioning why there seems to be no interest in this stock. In my opinion it is because investor confidence has been crushed and it is very hard to get investor confidence back once it is lost.
I have been a stock trader for 50 years and sat on two pension funds for 26 years each. I have never owned a stock(till now) or seen one owned by the pension funds I sat on where the CEO’s were so willing to place massive after massive reverse splits on their share holders . In my opinion that kind of CEO does not care about the company share holders.
The above are my opinions and the hard truths.
Those sales were not from the Chipherloc products. Again have they sold any Cipherloc quantum computing products such as enclave? This stock is on its third ticker symbol. And trying for a split in each one in my opinion. two of them are in the bag..
Just my opinions and the hard to accept truth.
Without sufficient product revenue SDCH will be back in the pinks in a very short time in my OPINION.
I absolutely believe you are wrong there have been two prior reverse splits. Have they had a successful product sale?
It is my understanding excessive stock splits are under the jurisdiction of the SEC. If my memory is correct the first split was 1 : 500 followed by 1 : 100 and now proposed upto 1 : 100 for a possible total of 1 : 700 without ( to my knowledge a successful) product sale. In my OPINION that is excessive reverse splits and amounts to stealing from the share holders.
thats part of the nonsense I heard the last two splits. Only true in theory mostly not in the real world.. They can devastate a share holders investment as the last two massive splits have done to my investment. Excessive massive stock splits make it nearly impossible to recover.
Hopefully the SEC will review SDCH R/S if implemented. It is my understanding the SEC can step in to review excessive stock reverse splits. I certainly will be contacting them. Since I have been a stock holder this stock has had two excessive (monster is a better word)stock splits. SDCH does not have nearly the revenue for one to make it work. A small example of what devastation a reverse split can bring to shareholders look at symbol SONM. I have lost most of my money already due to these 2 monster splits which were implemented in the past. I personally have lost a lot of money due to past R/S. Same old nonsense talked about then as now. A reverse split only works if the stock goes up and is not excessive . In my opinion share holders will never recover from the excessive proposed split or the ones implemented in the past.
I will start this post by stating that the present executives have done a good job controlling costs in my opinion but that is not near enough.
Prior to my retirement I was President of an organization for 26 years . Every month I would have companies call by phone to persuade me to use their services or purchase there goods. The services I refered to could be anything from computer servers to software or even office equipment maintenance. Are any of the CLOK Executives and Employees picking up the telephone daily and making calls to sell our products ? Are they using mail marketing? Are they just waiting for a potential sale to walk in the office? I believe picking up the telephone is just as important as social media or a web site. Do our salaried Executives and Employees document their work day? I think CLOK needs to structure daily marketing to include the above. If we truly have a marketable product years of near zero sales and massive reverse stock splits are unaceptable. It my understanding that companies can be de listed for excessive reverse stock splits. Just my opinions.
I think your post has a lot of merit. A lot more information needs to be disclosed such as to their financial statements and service sales records. I also agree Two million in revenue does not go far.
I wish you luck with your strategy of "maybe buy more and more" but unfortunately this can end in a financial disaster. Jesse Livermore in my opinion (started with almost nothing and made millions when the average worker made 25 dollars a week)was one of the greatest traders whoever lived and was rarely wrong but the couple of times he was wrong and continued to buy ended in financial ruin. He committed suicide the last time he was wrong and was again financially ruined.
I believe there was a much much larger reverse split prior to the one you just referenced same company different name.