Posted by: clok-em-dead Date: 05/18/19 07:28:46 PM Re: None Post # 18320 of 18787 MY ANSWERS ARE PROVIDED IN BOLD.....THANKS
Posted by: integrity2 In reply to: None Date: 5/18/2019 12:59:29 PM Post #18315 of 18319
FACTS & QUESTIONS
James Sullivan; where are you? NOT WORKING ON THE Q. THEN HE RESIGNED. PROBABLY WORKING ON THE Q
Fact: new CFO James Sullivan came on board one month ago and no one has heard a word from him. WHY? HE'S DOING PROPER DUE DILIGENCE TO MAKE SURE THAT EVERYTHING IS UP TO SNUFF. AND THEN HE RESIGNED. WHY DO WE NEED TO HEAR FROM THE NEW CFO. IM SURE HES BUSY WORKING AND EARNING THAT NICE FAT SALARY.
Fact: the conference call was the perfect opportunity to hear from the new CFO but not one word was spoken. WHY? HE HAD ALREADY RESIGNED. I MIGHT AGREE, IT WOULD HAVE BEEN NICE TO HEAR FROM HIM, ALTHOUGH IT WAS NOT NECESSARY.
Fact: the first quarterly report with the new CFO was late. WHY?!!! THE NEWLY APPOINTED CFO CHOSE NOT TO SIGN OFF ON THE 10-Q. IT ALSO LOOKS LIKE THERE WERE MANY LAST MINUTE REVISIONS AND ADDITIONS (DISCLOSURES) THAT NEEDED TO BE ADDED BEFORE IT COULD BE SUBMITTED. COULD BE ONE OF MANY MANY REASONS BUT AN EXTENSION WAS FILED. NO ISSUE
Fact: the late Q was a material event yet it was not disclosed on the shareholder conference call. WHY?!!!! IT SHOULD HAVE BEEN DISCLOSED ON THE CONFERENCE CALL. NOT AN ISSUE ALTHOUGH IT WAS DISCLOSED THAT TWO MORE BOARD MEMBERS WERE BEING ADDED.
Fact: it took two years for a new CFO to be assigned. WHY? MDLG DIDN'T WANT TO PAY OR ABIDE BY A CFO. GOOD QUESTION. COULD HAVE BEEN ASKED IN WRITING BEFORE THE CC.
Fact: the Notification of late Q on form 12b-25 was NOT signed by the new CFO James Sullivan. WHY? HE WAS NOT COMFORTABLE SIGNING OFF ON ANYTHING, EXCEPT HIS RESIGNATION LETTER. I DONT CARE AT ALL MDLG IS FULLY QUALIFIED TO SIGN IT
Fact: the former CFO claims that MDLG is a con-man and a fraud who has looted the company of millions of dollars. WHY, and could it be true? THE FINANCIALS SHOW THAT MDLG HAS RAISED MILLIONS OF DOLLARS AND TAKEN MILLIONS OF DOLLARS AND EVEN MORE IN STOCK. THERE IS NO NEED TO HEAR IT FROM ANYONE WHEN THE FACTS SPEAK FOR THEMSELVES. WHEN AND WHERE HAS ERIC MARQUEZ STATED THESE ALLEGATIONS? WE HAVENT PUBLICLY HEARD FROM HIM PERSONALLY HAVE WE?
Fact: CipherLoc’s stock is at an ALL-TIME low. WHY? BECAUSE IT IS NOT BEING RUN LIKE A REAL COMPANY WITH A PROFIT MOTIVE. ALSO, THERE IS NO SUPPORT TO PAY MORE FOR AN UNDERPERFORMING STOCK. GOOD QUESTION. COULD BE A COMBINATION OF MANY THINGS. NOT AN ISSUE. ACTUALLY A GREAT BUYING OPPORTUNITY.
Fact: CipherLoc has had zero sales for years and years. WHY? IT SEEMS OBVIOUS THAT THE CEO DOESN'T KNOW HOW TO MAKE A SALE OR RUN A COMPANY. HE HAS ONLY BEEN CONCERNED WITH RAISING MONEY AND TAKING MOST OF IT FOR HIMSELF.
Conclusion? We all deserve answers! WE ALL DESERVE TO HAVE AN HONEST CEO WITH HIGH INTEGRITY WHO WILL RUN A COMPANY THAT IS IN THE BEST INTEREST OF ITS SHAREHOLDERS. MDLG ACTIONS SUGGEST THAT HE ONLY CARES ABOUT GETTING MONEY...FROM INVESTORS, FROM CLOK, FROM NOT PAYING THE IRS. ALL OF THESE ANSWERS ARE PROVIDED IN THE RECENT CC THAT I HAVE SO KINDLY PROVIDED A LINK TO SEVERAL TIMES. THANK YOU MDLG FOR LISTENING TO YOUR SHAREHOLDERS AND TAKING THEIR QUESTIONS DURING THE CC. WE HOPE THAT WE WILL HEAR FROM YOU MORE OFTEN WITH UPDATES AND TRANSPARENCY.
News 
Market Data 
Discover 
