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50:50 with R&G playing the part of Clint Eastwood as Dirty Harry saying to the infringers "Well punks do you feel lucky, well do ya?"
It's now totally up to the infringers to decide if they want to take the chance of being taken to the cleaners by R&G IMHO.
6/5/17 time for some of the infringers to agree to pay the piper or take your chances dancing with the devil of trebel damages!
OMG! The DoD/CIO and all participating members of DISA & DARPA & US Cyber Command are in terrible, terrible trouble! First the DoD/CIO dared to sit for a presentation by ACS on the potential SFOR solution to the military mobile device COMSEC problem, Mobile Trust. Mark Kay told me he would verify this happened to anyone who calls. However, he will not divulge any details of that meeting. Then the DoD/CIO committed the unforgivable paperwork sin because lo and behold, he upchanneled the sales presentation to both DISA and DARPA audiences as the ACS webinar presenter stated. This of course was done only after US Cyber Command and the USCG Cyber Community had reviewed Mobile Trust as you saw in the USCG response posted by ZPaul. All the individuals who dared to partake in the exchange of info on MT MFA/OOBA did so without first insisting SFOR have an updated SAM registration thereby committing a mortal administrative error! All of them will could be severely disciplined for this red tape infraction. How dare they put the real world operational need horse before the bureaucratic cart! Shame on all of them for having done so in their passion to provide the troops with the world's best defensive software to counter things like Russian cyber attacks on Lt/Gen Ben Hodges NATO forces deployed to E. Europe (please read the 2/23/17 BBC homepage article on this) and form your own opinion on the matter. Thank you!
Yeah, when money is going to change hands the paperwork is necessary. It DOES NOT preclude sales presentations or vendor briefings. Period.
Show me in that rule/reg where presentations & briefings are forbidden! If that were the case, Uncle Sam would not prevail in the various battlespaces because of the better technology in the hands of our warfighters. Inventors/product developers are brought into the DoD procurement cycle on a regular basis to maintain that technological edge over our adversaries.
I love it! "Tritium Security has a sales rep standing by for online chat to discuss ACS products including Cygate" You're right, this is huuuge!
Wow! You know just what NDAs Mark Kay has signed or not signed. I'm impressed! I wish even you a happy Memorial Day holiday. Goodbye until Tuesday.
"Doing buisness" means entering a contractual obligation to provide goods or services. At least it did when I was an Air Force Finance Officer for the year I cut contracts with vendors. There is nothing to prevent sales presentations by ACS or Alverez. How do you think Uncle Sam is sometimes made aware of new product offerings. That's right, through sales presentations/briefings!
"Sales are going great!" Tritium Security. You just made this old vet's day! Enjoy your Memorial Day holiday as I will even more now thanks to you. Job well done diligentcpa!
Umm, no. NDAs prevent any deal announcement by SFOR until that contracted party agrees to release the info. Consequently, there very well could be a deal that we common SH have no knowledge of, yet. Also, a settlement can happen any day now.
The step will be taken when needed, before any Government funds are dispersed. Until then, there is absolutely NOTHING to prevent sales presentations by ACS or Alverez to the various Departments, Offices and Bureaus of the United States Government to highlight the SFOR solution to some their cyber security problems.
Bear in mind that $360,000 is over TEN times what SFOR had left in the bank before it settled with Micosoft. None of us know exactly what the cash flow has been since the info cutoff of that 10Q, 3/31. Mesdames Messieurs place your bets. I'm betting on SFOR's success! O.K. your 3 month roulette wheel is spinning now. A lot can happen in those 3 months! By the way, welcome to the world's largest casino, the stock market.
The paperwork to enable that can be updated in short order. Doing that is not the Mount Everest size barrier it is made out to be. Paperwork is merely a speedbump to get over for SFOR or any company for that matter "to do business with the govt.".
Thanks for that updated figure of what ACS still owes SFOR. I thought it was $50K but wasn't 100% sure.
I stand corrected. Thank you for finding that exact figure due SFOR accounts payable from Advance Cyber.
Thank you for finding and posting the exact wording of the terms of that SFOR/ACS agreement & answering my & others questions about it.
He's a kind of CEO that will underpromise and over deliver which is a rare breed on the pinks IMHO. Another thing is, he plays by the rules. He came out of the conservative banking industry so it would be in his nature to scrupulously abide by the terms of any NDAs he signed.
It ain't over until the fat lady with horns on her helmet sings! Let's just wait for the end results of those "questional court case outcomes" achieved by the best IP defense firm in the country shall we.
Yeah and nine million dollars is not chump change! A payment of that magnitude would make the quarter it happens to be a great one on the fins.
Like you "I am reassured by Mark's words pointing to the second half of the year." Thank you Gold49er' for quoting them in your post # 166140 written on 5/25 at 8:55 PM. Like you, I strongly believe there is ink on paper because I have never read such positive comments from Mark. The man is the most upbeat I have ever known him to be since I first posted here in the spring of 2016!
Strongly agree! Some like to focus on the rear view mirror. I prefer to glance at it occasionally and maintain my focus on the road ahead for SFOR.
Yeah, with Mark Kay at the helm it has been "a voyage long and strange" as the Norse Sagas said about Lief's discovery of North America. Lief didn't wreck on the rocks and have his crew perish. He lived to become a celebrated Viking explorer. IMHO Mark is not going to sink the SFOR boat when the destination is within sight this year!
He has enough corporate savvy to get our ship through the present buisiness & legal shoals to safe harbor with good holding ground to set our anchor. Finally having BR & R&G as navigators is a tremendous help in doing so!
Good point! I forgot about that partner payment of I believe $50,000. Correct me if I'm wrong on the amount.
At this point none of us know just what has transpired between ACS (our fully vetted Government vendor) and as their briefer put it in the webinar, "A large Defense ccontactor". Paperwork of course would have to be done and that's how we might find out something happened.
An example could be the posting of a RFP in the Federal Register. This is just the beginning of that relationship between ACS and "a large Defense contractor." Time will tell. Also, don't count Alverez Associated (another fully vetted Federal vendor of SFOR defensive software) out of the picture. They too could bring home the bacon!
Mark did what he had to with Microsoft (accepting a settlement) for the company to survive. IF the company is "about broke" as you wrote then yes, accepting another large settlement would be in order rather than going bankrupt. However, none us us know what cash flow has been since the info cutoff of the Q, 3/31. I doubt they are "almost broke" so accepting another settlement may not be necessary. Time will tell!
It gets down to a very simple calculus based on belief in CEO Mark Kay. You either believe the man will continue to execute on his four pronged company growth plan, which I do, or you do not.
With the deals of the magnitude Mark is writing of I perfectly understand the NDAs he must abide by. That's O.K. by me since I've got patient capital invested here because I know what I own.
The last SFOR hiring I knew of was the one guy for marketing and the other for sales bringing the total to nine employees. Have there been more recent hires?
It's great to have the POTUS aware of and engaged on the cyber security issue in such a big way.
Agree. I wish them well, in the full knowledge that SFOR gets its percentage from their success.
I'm so glad to have put out my SFOR claim stakes early (after the MSFT settlement) before the tenderfeet stampeders arrive in numbers. This is going to be like the Klondike!
No, mention the MSFT settlement. It's easy to be a Monday morning quarterback. Mark in the thick of that game was paid to make the hard decisions. SFOR was down to its last $35K in the bank! To continue litigation would have bankrupt the company. Mark decided (rightly IMHO) that half a loaf was better than none! That $9.7 million enabled SFOR to survive to fight another day. That day has now come, with seven IP infringment cases being contested on SFOR's behalf by BR (who got the MSFT settlement) and R&G, the best IP defense firm in the country. Microsoft was SFOR's Thermopoli. That sacrifice bought the time needed to save Greece (SFOR).
"Straight shooter" is exactly the way I would charecterize Mark from my communications with him also. As with you, he answered what questions he could of mine and put my mind at ease.
They didn't when I did my Pentagon tour in the early 90s. Back then field graders still used those black US Gov't ball point pens. Yeah, I know, I'm dating myself.
Articles like this one in fedtechmagazine help to increase SFOR product awareness among the entire Federal workforce. What I found most interesting was the quote mentioning what apparently is a new version of MT, Mobile Trust O (patent pending). It's obvious Ram and his assistants like Leo have been very hard at work! Continuous product improvement is a good thing, a very good thing. Thank you for finding and sharing this recent article with us.
Hardly, trading in a narrow channel on light volume as investors await catalyst news.
You're right of course. Once one of the infringers is nailed for trebel damages companies will be lining up to sign liscense agreements. Royalities will be flowing into SFOR's accounts receivables IMHO.
There is such a thing called an international patent. The process usually takes 30 months on average to get one.
That's bad news! I thought all CCTC's IP was ironclad protected. Great, I should have gone to the US patent office site and checked. Stupid mistake on my part!
Holy Cow! I did not realize that is the way it could work out for SFOR in the current IP infringment cases.That is great information!
Agree! Jesse Livermore (the 20th century's greatest stock investor) said "It takes time to make money" "Buy right, sit tight" and "I made my most money doing nothing (sitting). Long & Strong SFOR!