CIPHERLOC CORPORATION (OTCMKTS:CLOK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Principal Officers; Election
of Directors; Appointment of Principal Officers
On April 10, 2017, the Company received a letter of resignation
dated April 9, 2017 from Gino Mauriello resigning as a Director.
The remaining board member, Mr. De La Garza accepted the
resignation.
On April 11, 2017, Mr. De La Garza as the only remaining board
member appointed Albert Carlson PhD and Sammy E Davis DrPH to
fill the two vacant board seats.
Albert Carlson, PhD, is 57 years of age and is the Companys Chief
Scientific Officer. He has extensive experience in on-time design
to delivery while remaining under budget at all levels of
engineering. Additionally, he has worked in many areas of
engineering and has focused extensive world knowledge, as well as
deep algorithmic, set theory, mathematical, and design expertise.
Dr. Carlson holds a PhD in Computer Science from the University
of Idaho.
Sammy E. Davis DrPH, 70 years of age has documented experience
spanning over 20 years in operations, finance, budgeting,
financial reporting, revenue cycle management, inventory,
payroll, accounts receivable and payable, and information systems
in the healthcare industry. He has held numerous managerial
positions as a CEO and Administrator. Dr. Davis holds a Doctor of
Public Health degree from the University of Texas.
There are no transactions involving the newly appointed Directors
that are reportable under Item 404(a) of Regulation S-K for the
purposes of this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
Exhibit 17.4 Resignation Letter
About CIPHERLOC CORPORATION (OTCMKTS:CLOK)
Cipherloc Corporation is a technology and services based solutions company operating in the cloud-based cyber security industry. The Company offers an encryption technology with over five international patents, called CipherLoc. CipherLoc is a commercially viable polymorphic key progression algorithmic cipher engine (PKPA). This morphing cipher can be used in commercial data security industry and/or in sensitive applications, including banks, financial transactions, credit cards, securities, stock and bonds transactions, e-mail, phones, tablets, servers and or computers. This PKPA Engine eliminates replay attacks because the cipher morphs over time. CipherLoc also rejects data access and injection, false commands, and data alteration. CipherLoc is a facet of a layered defense in depth protection plan for any organization. The CipherLoc Polymorphic Cipher Engine provides an electronic gate that restricts access to vital assets, production facilities, and distribution systems. CIPHERLOC CORPORATION (OTCMKTS:CLOK) Recent Trading Information
CIPHERLOC CORPORATION (OTCMKTS:CLOK) closed its last trading session 00.00 at 2.60 with 201 shares trading hands.