Company: CLOQ
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023402
Chunk: 39

Company: CYBERLOQ TECHNOLOGIES, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 39
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The
following discussion is intended to assist you in understanding our business and the results of our operations. It should be read in
conjunction with the Condensed Financial Statements and the related notes that appear elsewhere in this report as well as our Report
on Form 10K filed with the Securities and Exchange Commission for the period ending December 31, 2024. Statements made in this Form 10-Q
that are not historical or current facts are “forward-looking statements”. These statements often can be identified by the
use of terms such as “may,” “will,” “expect,” “believe,” “anticipate,” “estimate,”
“approximate” or “continue,” or the negative thereof. We wish to caution readers not to place undue reliance
on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management’s
best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important
factors beyond our control that could cause actual results and events to differ materially from historical results of operations and
events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements
to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

Company
History

CyberloQ
Technologies Inc. (“CLOQ”, ‘We” or the “Company”) was incorporated in Nevada on February 5, 2008
as Advanced Credit Technologies, Inc. The Company changed its name to CyberloQ Technologies, Inc. on November 20, 2019. The Company has
never been the subject of any bankruptcy, receivership or similar proceeding. The Company has never been involved in any material reclassification,
merger, or consolidation.

On
June 15, 2017, the Company created a private limited company in the United Kingdom named CyberloQ Technologies LTD. CyberloQ Technologies
LTD is a wholly-owned subsidiary of the Company, and any business that the Company has in the United Kingdom will be transacted through
CyberloQ Technologies LTD. However, to date CyberloQ Technologies LTD has had no activity, operational or otherwise and is now dissolved.

Current
Overview of the Company

The
Company is a development-stage technology company focused on fraud prevention and credit management.

The
Company offers a proprietary software platform branded as CyberloQ®. While previously the Company licensed CyberloQ