UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of the earliest event reported): May 21, 2019

 

CIPHERLOC CORPORATION

(Exact name of registrant as specified in its charter)

 

 

(Formerly National Scientific Corporation)

 

Texas   000-28745   86-0837077

(State or other jurisdiction

of incorporation or organization)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

825 Main St, Suite 100

Buda, TX 78610

 

(Address of principal executive offices) (Zip Code)

 

512 772 4245

 

Registrant’s telephone number, including area code

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

     
 

 

Section 5 - Corporate Governance and Management

 

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

 

On May 21, 2019 the Registrant’s Board of Directors, pursuant to its bylaws, unanimously appointed Tom Wilkinson as an independent director to serve until the next annual meeting. He will also chair the Audit Committee. Mr. Wilkinson received his Bachelor of Business Administration and Master of Professional Accounting from the University of Texas in 1992. He is a licensed CPA in Texas and Colorado. From 2014 to October of 2015 he was the Chief Financial Officer of Amherst Holdings, LLC. Mr. Wilkinson joined Explore Technologies Corp. a NASDAQ traded company in 2015 where he served as the Chief Financial Officer until 2017 when he took on the position of Chief Executive Officer until the sale of the company to Zebra Technologies in 2018. He presently owns and operates Wilkinson & Company, a financial and business consulting firm focused on emerging growth pre-IPO and public companies.

 

There are no transactions involving the newly appointed Director 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 99.1 Press Release

 

     
 

 

SIGNATURES

 

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934 the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Registrant CipherLoc Corporation
     
Date: May 23, 2019 By: /s/ Michael De La Garza
    Michael De La Garza
    Chief Executive Officer (Principal Executive Officer)

 

     
 

 

 

 

Cipherloc Appoints Tom Wilkinson to the Board as Independent Director

 

AUSTIN, TX – May 21, 2019 – Cipherloc Corporation (OTCQB:CLOK), a provider of highly secure, quantum-safe data protection technology, today announced the appointment of Tom Wilkinson as an independent director effective May 21, 2019. Mr. Wilkinson will also form and chair the audit committee of the board of directors.

 

Mr. Wilkinson brings a background in public accountancy and C-level executive experience for a Nasdaq listed company to Cipherloc. He presently owns and operates Wilkinson & Company, a financial and business consulting firm focused on emerging growth pre-IPO and public companies. Mr. Wilkinson previously served as the Chief Executive Officer of Xplore Technologies until the sale of the company to Zebra Technologies in 2018. Xplore was a NASDAQ listed public company and the sale resulted in a superior return to the investors. Prior to becoming the CEO, Mr. Wilkinson served as the company’s Chief Financial Officer and led a successful operational turnaround driving the business to profitability. He is also an experienced audit partner at a public accountancy firm he founded and grew to seven offices and served as CFO of Amherst Holdings, a privately held corporation. Mr. Wilkinson currently serves on the board of Astrotech (ASTC) and is a CPA in the State of Texas.

 

“I am excited to welcome Tom to our board of directors to create a formal audit committee in support of our plans to uplist onto a major exchange,” said Michael DeLaGarza, Chairman and Chief Executive Officer. “Tom brings a wealth of knowledge about Nasdaq listed company operations as well as deep accounting, operational and audit experience that will benefit our growth strategies. We look forward to his input as we move forward with our corporate strategy.”

 

Said Mr. Wilkinson, “I am excited to join the board of directors of such a differentiated and unique company with Quantum resistant security and encryption solutions for both commercial and government applications. I look forward to providing my support as the company continues to grow and evolve its corporate structure and governance ahead, and look forward to working with the board and senior management of the company for the success of all shareholders.”

 

About Cipherloc Corporation (OTCQB: CLOK)

 

Cipherloc Corporation is a data security solutions company whose vision is simple – Protect the World’s Data. Our highly innovative solutions are based on our patented Polymorphic Cipher Engine, which is designed to enable an ironclad layer of protection to be added to existing products, services, or applications. We deliver solutions that are highly secure, synergistic, and scalable. In short, we keep information safe in today’s highly dangerous world. For further information, please go to www.Cipherloc.net .

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.

 

The information found in this Press Release does not and shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of these securities in any state or jurisdiction based upon the information found in this Press Release.

 

Investor Contact :
Matt Kreps
Darrow Associates Investor Relations
214-597-8200
mkreps@darrowir.com