SideChannel Inc (SDCH): So, is this offering to pay their salari...

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SideChannel Inc (SDCH)

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Re: vCISO post# 22712

Tuesday, 04/20/2021 12:52:39 PM

Tuesday, April 20, 2021 12:52:39 PM

So, is this offering to pay their salaries/bonuses? Just trying to figure out specifically where it is going. Since this is separate from the Paulson deal, I am confused at this point why they are getting more money for them personally besides their normal compensation. I would think it should be performance based at this point. I would appreciate any knowledgeable input.

16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
$ 435000 USD

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