Friday, November 30, 2018 1:42:09 PM
It's difficult to know why the prior CFO resigned. What is more alarming, is why that position has not been filled by anyone. De la Garza is acting as the sole decision maker on the financials (almost 2 years now), which is pretty scary. Maybe no one is willing to sign off on anything? Mauriello passed on the CFO position almost immediately. It seemed that Mauriello was appointed but never actually accepted the role as CFO. I'm sure the 10-K will illuminate the ongoing financial management problems by De La Garza.
And Cipherloc is not a promising upstart company on the verge of anything more than maybe an SEC investigation and probably some investor lawsuits.
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