12/7/2015 MDLG claims that have not panned out.
https://www.youtube.com/watch?v=kYUKRJjGxxw
Here's a great example of the history of CLOK since December 2015 and MDLG's long history of tall tales. It seems as if history is repeating itself with the new claims of a "shadow ceo" and suggestions of a "new company" with possibly 1,000 employees that is bigger than big...however, nothing can be disclosed to the public or is believable (from what is reported in the most recent financials, website, and current and past employees and contractors).
Not only do these new claims contradict SEC rules and regulations, but they also lack credibility. Let's review past "radio shows" by Michael de la Garza.
And feel free to fast forward thru MDLG's vomit talk in the beginning and stop at 7:05 when MDLG says he "...found a company in Idaho that had developed in concert with 2 universities...graduate projects." I'll follow-up on this claim with other MDLG videos.
8:00 MDLG attempts to define Cipherloc.
12:43 MDLG states that CLOK has "3 customers right now..." date of video is Dec 2015
MDLG describes the 3 customers as,
1) data center in southern California (?who is this?); CLOK will install hardware at site and do a 90-day proof of concept
2) Florida company with multiple govt contracts, port authorities, cruise ship (this is believed to be an agreeent with Anthony Zagami and SISCO, see 7/30/15 8-K)
3) "location that we're looking at..." bank, international bank and data center in NYC. MDLG mentions that the bank wants to see 2 proof of concepts before moving forward. (this is believed to be a Bank of Santandar reference). MDLG claims "domino effect (will occur) after bank (signs on)"
18:40 MDLG claims that CLOK is "developing an SSL program to replace existing SSL." "We broke it (SSL)"..."We're building one, release 2nd Quarter of 2016."
19:25 MDLG claims that they will move technology to a microchip
19:50 MDLG claims that CLOK is working with a company in Texas on a product to be used in cell phones...encrypt at the firmware level. (?CenturyTel reference??)
22:40 MDLG states that there are 3,000 opportunities to sell (in Central Texas)
23:00 MDLG states that the company is going after 4 verticals and has 4 resellers; a tech company in the midwest, 2 tech companies in Florida, and a data center in southern California
MDLG goes on to say that in 12-24 months the company will get "quite a bit of sales"
25:00 MDLG states that "our products are ready to go to market"
26:10 MDLG states that "we are through with our development. We are writing customer interface, and already engaged with a number of different companies."
See video: https://www.youtube.com/watch?v=kYUKRJjGxxw
