Zerify Inc (ZRFY)

[John Kent]

To be frankly honest we will see less roller coaster since most pertinent info is now public. My strategy has always been to load up at bottom and sell some every 20-30% it goes up everyone has their own but this go around I am holding for pennies I do not need the money for the next 6 months so I can afford to sit on it. IMO this is a solid hold for the next 12 months. I will buy as much as you can and hold. OTC traders are very slow to realize value and eventually when they do this will be too expensive.

The company has a licensing deal with MSFT and we know CEO paid off toxic notes which is very rare. IF other traders want to trade diluting pigs them let them 99% of them will lose MMs will always win. I will stick with one that I know that there is no dilution and company is open and responds to shareholders.

Subsequent to December 31, 2015, as part of the settlement of a litigation matter against an outside party, the Company received a payment of $4.9 million, net of legal fees, which will be was recorded as other income in the first quarter of 2016. In addition subsequent to December 31, 2015, the Company repaid approximately $1.8 million of convertible and notes payable principal and accrued interest, and converted approximately $247,000 of convertible notes and accrued interest into 2.1 billion shares of the Company's common stock. Management estimates that the current funds on hand will be sufficient to continue operations through the next twelve months. The ability of the Company to continue as a going concern is dependent upon the Company's ability to raise additional funds and implement its business plan. Management is currently seeking additional funds, primarily through the issuance of debt and equity securities for cash to operate our business. Currently, management is attempting to increase revenues and improve gross margins by a revised sales strategy. The Company is redirecting its sales focus from direct sales to domestic and international sales channel, where the Company is primarily selling through a channel of Distributors, Value Added Resellers, Strategic Partners and Original Equipment Manufacturers. While the Company believes in the viability of its strategy to increase revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company's ability to continually increase its customer base and realize increased revenues from recently signed contracts.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11316619