SideChannel Inc (SDCH)

[Microcap Woman]

Yes TronCarter, losing Zeynep Young was untimely and concerning. My understanding is she is a woman of high integrity. I have to assume she did not like the decisions Tom Wilkinson and the other board members were making and she had seen enough. She probably wanted to get off the Board before the shareholder class action lawsuits start to happen. She probably assumes it will be next to impossible to raise new money given the poor track record of CLOK management (four weak CEO's over the last few years). And she could see that will leave only one unfortunate option for the Board and she didn't want to be one of the board members to approve a vote to bankruptcy.


TronCarter Friday, 03/05/21 12:48:26 PM

With all things considered, what's the plan?

The lack of communication is bad for shareholders, and also bad for stock price.

The apparent lack of leadership, as displayed, is cause for big concern.

The dwindling of dollars is beyond unsettling.

Losing Zeynap Young is untimely, to say the least.

Spending millions on expensive attorneys and legal settlements to get back shares is very puzzling. Especially given the fact that the company is almost out of money. I suppose the only rational conclusion is that the company is going to get an infusion of cash.

A future cash infusion could be debt and/or equity. Which one is preferred??