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Re: None

Friday, 02/26/2021 11:06:29 AM

Friday, February 26, 2021 11:06:29 AM

Post# of 24461
.25 cents last price paid but .22 cents bid on CLOK. The lower the price goes then the more dilution for shareholders ahead and that's assuming anyone will ever give this company another penny (doubtful). The scary part is the stock can only fall .22 more from here. If the stock falls below ten cents per share, the company will likely file bankruptcy. But CipherLoc is already out of of cash based on the last quarter burn rate vs. the recently reported cash and all of this with the debilitating liabilities. Here's the sad reality for shareholders: the BOD has CipherLoc in a position of bankruptcy right now and it could happen at any time. Congrats to the new CEO and the worthless Board for putting the company in a weak position of having no money and two bad choices ahead: Massive dilution on a money raise or file for Bankruptcy.
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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