Cipherloc Corporation (OTCMKTS:CLOK) Files An 8-K Entry into a Material Definitive Agreement

Cipherloc Corporation (OTCMKTS:CLOK) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.

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On March 29, 2019 the Company entered into a Marketing Consulting Services Agreement with Sampson R. Bean, LLC, a Florida limited liability company (SRB). The agreement with SRB is designed to create company branding and imaging strategy in the commercial markets. SRB will create documents that focus on the Company’s value proposition and that show the competitive advantage of using our products.

The Company will remit $37,000 to SRB and $10,000 monthly thereafter. The Agreement can be cancelled by either party without cause with 30 days-notice.

Item 9.01 Financial Statements and Exhibits

Exhibit 10.34 Marketing Consulting Services Agreement

CIPHERLOC Corp Exhibit
EX-10.34 2 ex10-34.htm     Exhibit 10.34   SRB Marketing Consulting Services   Project Scope & Pricing $15,…
To view the full exhibit click here

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.

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