SideChannel Inc (SDCH)

[Microcap Woman]

You'll hate it even more to see no money raised because CipherLoc's Q shows it is out of money looking at the recent Q's burn rate vs. remaining cash balance and CipherLoc has a balance sheet of liabilities putting it on the brink of bankruptcy. But here's the unfortunate part, who will want to give this company any more money after 4 failed CEO's and a board of directors spending millions in legal fee's for worthless shares? The new CEO is obviously uninterested or he has very little confidence in the future of CLOK or he would have told shareholders otherwise after he became the new CEO. There is only one remaining hope and that is to get a majority vote to fire all of the incompetent board members and clear out the entire company, and then go raise some additional capital, and vote in a new board and then go put people in charge that want to build shareholder value vs. destroy shareholder value OR Paulson Investment and Manchester Fund can sit back and we can all just kiss CLOK goodbye and watch MDLG use the $400,000.00 the Board was so kind to give him and allow him to buy CipherLoc's IP in bankruptcy. MDLG can then go put the band back together and hire Dr. Carlson, Joe Gangi and Carl Ranno. Wouldn't that be something!