SideChannel Inc (SDCH): There are no signs of a CLOK and EFSI ag...

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Re: CommonMan post# 16341

Wednesday, 01/24/2018 5:10:52 PM

Wednesday, January 24, 2018 5:10:52 PM

There are no signs of a CLOK and EFSI agreement showing revenue. Nothing of mention in CLOK financials indicating any revenues earned (only mention is the one customer, GAWK, which relates to the 2014 software sale for $1.125mil, which GAWK still refutes as being delivered.

So, no cash from revenues for any non-deferred revenue for 2015, 2016, 2017. In fact, the only revenue-related activity has been in legal settlements for past litigation regarding software sale dealings originally generated by MDLG, CEO of the discontinued Cloud MD operations.

Success? Not really. Seems more like a beta test imho. Similar to Cipherloc google play app. Surprisingly, CLOK google play app paid more.

$3.99 x 5-10 installs = $19.95-$39.99

https://play.google.com/store/apps/details?id=com.cipherloc.mobile&hl=en

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