Home > Boards > US OTC > Electronics and components > Cipherloc Corp. (CLOK)
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Alias Born 03/30/2018

Friday, May 20, 2022 12:11:38 PM

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Post# of 23468
Doesn't it seem funny that the company that doesn't make any money is the one buying the company that does make money? Shouldn't SideChannel be the one buying Cipherloc??? If you cannot see it, let it be known this is all a GIANT POWER GRAB. AND they just hurdled right over the 1,000 pound gorilla called CONFLIT OF INTEREST. It seems to me that Chasteen's silence and invisibility since he took the helm at Cipherloc was purposeful, his lack of public performance (ZERO) allowed the stock price to continue to crater, so that maximum leverage in Cipherloc could be attained through this 'reverse' purchase. Did anyone else notice how Haugli primarily referred to his partners as Joe Klein and Miguel San Mateo, speaking of them as some sort of 'primary' partners, giving lesser mention of his other partners Chasteen and Hnatiw; as if to minimize their roles in everything??? Is the timing of Chasteen and Hnatiw joining Cipherloc, with them becoming partners of SideChannel at nearly the very same time; was this all just convenient coincidence? OR was it a grand master plan on how to grow their size of the pie, thus shrinking all of the shareholders pieces? Has Chasteen been spending his time as Cipherloc's CEO building stock price or did he prefer to keep price down so he could leverage the company more to his own benefit? Not only have they killed stock price, they then proceeded to mash it into the ground hard with massive dilution, ALL WHILE ENRICHING THEMSELVES!!! Where is their duty to the shareholders??? Even if they eventually get stock price back to $2, they've made sure they will be the ones reap giant benefits, at an exponential rate compared to the Long Term investors. They will be rich if it gets to $2 while we stockholders break even with nothing to show for all these years of being scammed!
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