InvestorsHub Logo
Followers 9
Posts 593
Boards Moderated 0
Alias Born 06/24/2013

Re: Optimistic Trader post# 24593

Sunday, 04/26/2015 12:52:24 PM

Sunday, April 26, 2015 12:52:24 PM

Post# of 235000
OT I also saw that they settled with WhiteSky. Here is my take, if there were even the tiniest bit of good news in the settlement then the CEO would have over exaggerated and over hyped it to drive some bounce to the stock price. He has blatantly lied so many times in print and during his now cancelled quarterly webex sessions so he has no problem doing so. This tells me that the settlement was of the "go away" variety where SFOR gets little or nothing and WS pays little or nothing. This lawsuit always seemed stupid to me. WS was a partner and they fired SFOR and SFOR needed to file a lawsuit to explain why their revenue was going to go down by +50% so they could keep printing shares. Since they filed that lawsuit they have sold more than 14 BILLION shares and done 2 RS so I guess the CEO's strategy of confuse and obfuscate worked for a while.

The real question is...why can't SFOR keep a partner. they have not had many, but they all drop them after a short relationship. Doesn't really matter any more, the company will go away sooner than later.