Zerify Inc (ZRFY)

[hiphop]

I agree with imjoe. At the current price of 1 penny they need to issue 15 to 20 million shares a month to stay in business. Post split in March they had 4 million shares.

So since the split the stock is down 97% and shares outstanding are up probably in the 700 - 800% range.

I am not sure how you buy this stock right and I just cannot see any upside. They have to report earnings by August 15 for Q2. If there is even a sliver of good news they should announce early.

I remember 5 or 6 quarters ago the CEO posted a note on this forum specifically to address shareholder concerns about dilution. He guaranteed that the market makers who were lending SFOR operating money in exchange for shares would not sell those shares and were instead going to hold them. After that note in the next year about 5 billion new shares were sold. Seems like the same thing is happening again only in a much more accelerated manner.

would be interesting if the CEO would post again. Some of you claim to speak to him so maybe suggest that.