Replies to post #24223 on SideChannel Inc (SDCH)

[22rover]

*Prior to merger w/SideChannel, Cipherloc never “graduated” from story to real business.

Cipherloc brass were acting as “conduits channeling money to management and service providers.”

Here is (and hopefully was) the dilutive cycle: Create a story (MLG) -> investment banks (like Paulsen) raise money -> investment banks, attorneys, consultants, investor relations, and management take the money back out ->

And . . . Rinse and repeat as long as possible.

Those days are over.