SideChannel Inc (SDCH)

[TronCarter]

Cipherloc doesn't have a "proven" product. People don't understand Cipherloc because nobody is using or testing the product. There are no sales, only a couple of licensing agreements.

I agree that sales will help the company. But don't expect a front-loaded $5-10 million dollar contract. That's foolish thinking and it just won't happen.

I also find it impossible to believe that there have been any offers to buy the company. What would you value? The patent? Sorry to disappoint anyone, but the fact of the matter is Cipherloc has very little value (there should be cash in the bank, so there's the value).

I've heard the argument that "if this happens, or that happens, Cipherloc could be worth a lot of money", but that's not good investment analysis. The company is still in inception and burning through lots of cash.

Just my two cents.


Next month, next quarter, next year, something big is going to happen...