SideChannel Inc (SDCH): Dismal Financial Performance by CLOK "CE...

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Thursday, 08/30/2018 10:56:58 AM

Thursday, August 30, 2018 10:56:58 AM

Dismal Financial Performance by CLOK "CEO"

From 1/1/15 until 6/30/18, Cipherloc has expensed:

$2.644 million on R&D (it doesn't look like there are any assets on the books)
$18.748 million on Sales and G&A, most of which went to "CEO"
$6.606 million of the above was paid out in cash (the biggest recipient of cash being "CEO") and the balance was paid out in stock (most of the stock went to "CEO")

Source: https://www.otcmarkets.com/stock/CLOK/financials

When one asks, "Show me the money", please refer them to this post.

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