SideChannel Inc (SDCH)

[22rover]

The only call came from Richard Reiter, a shareholder who bought in during the second Paulson raise. According to an S-1 from April ‘21, Reiter owns about 350,000 shares, or about $20,000 worth of stock. Of course he may have bought (or sold) shares since 4/21.

Decided to go down the rabbit hole…
Other notables who took positions in the $10M April 2021 Paulson underwriting: Ken May 5.5M shares. While it’s a common name, how many *Ken Mays are there, taking down a cool $1M in a highly spec offering? His $1M investment is currently worth ~$300k

(*can’t absolutely confirm 100%, but a guy like May has many different accounts / brokers, so it wouldn’t be uncommon to use a boutique such as Paulson, who, like May, have a Memphis footprint. By the way, Ken, you might want to DCA here, provided you can locate 5.5M shares at these dirt cheap levels—it *may* take a while. Deep pockets. Might want to touch base with May, or overnight him a proposal.)

Cleto Escobedo III took down 300,000 shares in the 4/21 offering. For the uninitiated, that’s Cleto of Cleto & the Cleotones, Jimmy Kimmel’s band. Hopefully the famous saxophonist won’t be singing the blues for long.

Other well-heeled buyers include

Clayton A Struve

Oil Man, Lucius E Burch III / iv

Time to ✈️