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Re: None

Wednesday, 02/24/2021 3:27:36 PM

Wednesday, February 24, 2021 3:27:36 PM

Post# of 24435
In NewYork, we'd call this fuGazi, capital G!

FuGGedaboutit!

In response to: Microcap Woman

Does anyone think the Board of Directors followed their fiduciary responsibilities to us shareholders by paying off CEO's for CYA? Is paying $600k to these two crummy CEO's and leaving CipherLoc broke being a good board member looking out for us shareholders? Was approving a $18,000 per month lease for several years in DC for Borene and his team while the company had no revenues and was burning cash fast being a good fiduciary? Was spending millions in legal fee's just to pay a CEO $400k who was caught stealing millions from the company being an intelligent board member looking out for shareholders best interests? Was appointing a Hollywood actor as CEO a good Board decision? Was appointing a new CEO with no CEO experience and not communicating with us owners a good decision for the shareholders? Was leaving CipherLoc with zero cash now the result of a BOD we should be thankful to God ("with a capital G") for because they did such a heroic job for shareholders as the company is now left on the doorsteps to bankruptcy?

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