Advanced Credit Technologies, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 02:52 pm EDT
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Advanced Credit Technologies, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was USD 66,606 compared to USD 0 a year ago. Operating loss was USD 106,895 compared to USD 157,064 a year ago. Net loss was USD 106,910 compared to USD 157,377 a year ago. Basic loss per share from continuing operations was USD 0.002 compared to USD 0.002 a year ago. For the half year, total revenue was USD 72,855 compared to USD 0 a year ago. Operating loss was USD 249,794 compared to USD 349,412 a year ago. Net loss was USD 249,894 compared to USD 361,725 a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.006 a year ago.
Cyberloq Technologies, Inc. is a development-stage technology company focused on fraud prevention and credit management. The Company offers a proprietary software platform branded as CyberloQ. CyberloQ is a Multi-Factor authentication (MFA) protocol technology that is offered to institutional clients in order to combat fraudulent transactions and unauthorized access to customer accounts and or any digital asset. Through the use of a customerâs smart-phone, CyberloQ uses a multi-factor authentication system to control access to a bank card, transaction type or amount, Website, database or digital service. In addition to CyberloQ, it offers a web-based proprietary software platform under the brand name TurnScor, which allows customers to monitor and manage their credit from the privacy of their own homes. The CyberloQ Vault is a cloud-based security protocol that allows clients the ability to send/receive secure data without having to use traditional e-mail which is prone to a breach.
CYBERLOQ TECHNOLOGIES, INC. 
