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Re: vCISO post# 17167

Monday, 02/04/2019 11:53:50 AM

Monday, February 04, 2019 11:53:50 AM

Post# of 24513
I believe it's a misappropriation of funds

Cipherloc (CLOK) has raised over $18 million from investors in its last fundraising efforts. Michael de la Garza has a fiduciary duty to manage and protect this money. I don't believe that he is acknowledging this fiduciary duty.

I'm not okay with de la Garza assigning titles and giving jobs to family members who aren't qualified. I see it (assigning his daughter the title of Social Media Director) as another example of him exploiting the company.
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