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Very nice summary; thanks for taking the time.
On re-reading "..., the Company has licensed the patents to Microsoft Corporation, and the Company will receive a non-disclosable one-time lump sum payment. ", it does seem possible that there could be ongoing revenue to SFOR, and that the one-time lump sum might have been to address the pre-settlement harms before the licensing. To me, licensing a patent means ongoing royalties...
Look forward to more color on this...
You misunderstand: Microsoft does not sell the product for your personal use: they incorporated it into THEIR accounts, in which they have every detail of your identity, address, email, birthdate, billing/credit card info, etc.
So when they get hacked.... too bad for you. Also, you have to be using their OS and only have that protection in Azure if you want to use that in your cell phone/ laptop/iPad/ etc.
Increasingly, the world does not want a Microsoft monolpoly on the digital world.
Think about all the Apple users who don't use Microsoft' OS.
Book value is not the whole story on most companies -- some trade at 17-74 times earnings.
SFOR trades almost like a biotech.
Well, if i wasn't depressed before.... this scenario does it.
But I do expect positive news.
The entire market will probably follow the 2008-2009 pattern of lows into early Dec, then a few weeks unpredictability but leading to March 9 lows, and then some bang-up opportunities after that.
They say the key to business greatness is to "Under promise and Over deliver".
I do believe that was part of Kay's strategy in not building hopes up.
Much of the sales promotion was probably too recent to show up as much in Q3 as it might in Q4. I think part of the push was held back until after the MSoft settlement, and then, realistically, there was too little time left after that to start employing those funds to expand marketing and be positioned to deliver on big contracts: there wasn't enough time left to build the numbers hugely by early summer. But it will be coming... everything is moving as it should, in the right direction, albeit slowly.
Patience is my middle name... :/)
Wait. Wait and Wait. Seems to be my lot in Life....
Oh, was that your buy of 300 or 500K?
What's that, about $2000 total?
The key was in the low volumes past few days, the election chaos, the fact that many traders simply will not hold going into quarterly earnings. The sellers past few days were so few: often sign of a turnaround.
Q3 cannot be less than Q2, and Q4 must be projected to improve further. Then I think shares will stabilize and slowly improve.
Well said. Thank you!
Also be aware the technology is being employed by the national policy movement to make patient records safely and securely available to patients online, Much of which requires patients to set up a Microsoft account (using TFA!) in order to then access their records via the provider. It requires the patient/consumer to login to their (new) Microsoft account to get lab results, etc. So whether they like it or not, people nationwide are recently being forced to use Microsoft's 2-Factor-Authentication, which I hope Strikeforce is getting some licensing fees from. Would be nice to verify if this is the case...
It's the nature of the beast: cannot control or ever perfectly predict the stock market, much less penny stocks. Even P&G fell from $40 to 1 penny briefly on May 6, 2010 in the "flash crash". Distract yourself with something that makes you happy for a few days, and realize we all have felt the squeeze, we all have been challenged, and our turn is coming...
Keep that thought!
Good points. And don't feel too badly: lot of people took that break-out as stable. We will see it again before long, and maybe over .04-.05?
Agree.
None of the parties wants media or public attention. Filings may be sealed for security / to protect trade secrets reasons.
Better together!
Quite correct.
Work for Singapore Telecom???
Thanks! Yes, good luck to all of us Longs! I remember that free PM holiday... it was very addictive!
Really? I never knew that.
Not on a Friday before earnings, after a tumultuous few pre-election weeks.
Many many people -- not just short term traders -- will not hold into an Earnings report, On principle. Those people phase out a week before earnings, and we have been seeing that dovetailing with a fiasco of an election few weeks.
We almost certainly will see a recovery after the numbers are out next week, and I suspect before the meeting.
Regardless, my advice for the future: in 2020, get out temporarily by late September 2020 and then buy back in in the couple days after that next election.
Yes, Pray. But it helps if we are all buying at the same time.
Reminds me of a story: two boys were distracted on their way to Sunday school, by an irresistible stream, where they liked to catch crawfish. Some time later, they remembered they were late. They prayed all the way to church that they would not get in trouble. One boy got in a lot of trouble, the other didn't.
The boy that came out alright was running as fast as he could while he was praying...
Think how many would love to get their hands on documents or to record oral explanations of the technology. They have to protect their intellectual property. Results of discovery may be under seal?
I talk to myself too, sometimes: I'm sure everyone here understands...
Promised by who?!?
Have not seen any update since the video in which Mr. Kay answered questions around 10/30/2016. I hear Q3 report due 11/15, and shareholders meeting 11/18.
Thanks for this: I read somewhere they are OBLIGED to pay out the $9M,leaving a balance sheet of only about $500-$600 debt at SFOR, which their current sales are rapidly closing the gap on.
Talking about, up 500% since .001
And anyone says otherwise is itching for a fight.
Get a Life!
Thanks Diego1253 and ZPaul for these most critical reminders and valuable analysis
The share price is up 500% in 4 months, so greedy types want to punish the execs because it isn't up 2000%?
Give it a rest!!!
No.
I would if I could but I can't so I shant
Wish I could take out all the 5's.
Thanks for clarifying!
If a reversal isn't on the way in next 10 days, then I never learned anything after all...
Gold49er -- this is useful and much appreciated!
Duly noted. Thanks.
Hear, Hear!