SideChannel Inc (SDCH)

[Microcap Woman]

It is very simple to understand. The pathetic leadership of CipherLoc has left it with $17 million dollars of piled up losses since the Paulson Pipe deal 30 months ago. The 4 CEO's of CipherLoc and the BOD have piled up +2 million in liabilities by paying bonus bribes to two former failed CEO's to the tune of $620,000.00 and by renting out unneeded office space in Washington DC for $18,0000.00 per month on a long term lease that was approved by a weak Board of Directors that now sits as a $730,000.00 liability on the balance sheet. Anyone buying this stock at .30 cents will soon regret his actions because the company is now faced with two very bad choices. 1) Sell shares and massively dilute shareholders. 2) File for bankruptcy. Option number 2 is inevitable because who in their right mind would give more money to essentially the same bad figs that pissed tens of millions of dollars down the drain? Once everyone comes to realize there is no interest in giving bad fiduciaries more money to lose then you will clearly see Cipherloc's future: Bankruptcy in April 2021.