Thursday, March 14, 2019 12:19:50 PM
CLOK$ is burning at least $1 million a quarter. They do not have any hardware to sell, and will probably NEVER have any hardware to sell. CLOK$'s software offering is unproven and has not been used or tested in the real world. As far as anyone knows, it is only a small bit of code that may or may not be stable. And CLOK$ continues to lose competent professionals and replace them with unqualified and inexperienced people. Why? Two reasons. 1) CEO de la Garza has no idea/desire to run a real business 2) CEO de la Garza is perfectly fine with raising money from investors and putting it in his pocket. He is completely indifferent on where the money comes from, AND, it's easier for him to take advantage of greedy investors than to actually figure out how to sell software. Micheal de la Garza knows all about bankruptcies, lawsuits, committing fraud, misappropriation of funds...and that's just the short list. It's not really a surprise, because that's all he knows! He grew up in that environment and perfected the art of conjuring up stories to fleece investors.
People have been asking the CEO, Michael de la Garza to "show them the money". Really? Read the financials and disclosures and most of the money has gone to de la Garza and lawsuit settlements. Any 1st grader can figure this out. It's just a matter of accepting the fact that investors and stock fluffers and pumpers have been lied to, disregard the facts, and double down based upon more bad information that is "leaked out" by those who want people to help them perpetuate the lies.
With regard to the continuous question about what's the former CFO doing?? Well, last I heard he's making bank as the CFO of a private company. A better question is "What is the former CFO of CLOK$ not doing?" Answer: Well, he's obviously not interested in working with a shyster like CLOK$ CEO Michael de la Garza.
ROBERT LEBLANC V. MICHAEL DE LA GARZA AND CIPHERLOC CORPORATION
12/09/2019 Jury Trial (9:00 AM) (Judicial Officer Henry, William R)
#10monthslefttomakeasale
In Reply to 'Black-Ops':
...Any 4th grade school boy knew this. Not Good? When CLOK announces the first 1,00,000$ order some will post; Not Good.
The PP allowed CLOK to continue as a company. It was very good.
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