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No ONE is buying at .0002. SFOR is DOA
HipHop While you are absolutely right about the massive dilution, that is the ONLY thing you are right about.
Basically, Authentify sought to seek dismissal on a first to file in different case which would have made all the difference in the outcome of their case. The fact that the dismissal was denied is extremely favorable to SFOR's claims.
Will SFOR secure enough evidence to win its' case that is yet to be determined.
As far as the insurance claim and your assertion that it's a loss in SFOR's column thats laughable, as SFOR never even responded to the suit. It was simply SFOR seeking coverage for which it already knew it had no contractual right to.
Will SFOR make it. Probably not to any level which will benefit the common. Still yet it has benefitted from recent ruling.
SFOR recently won a major ruling in its' Authentify case. In essence the court by denying all of Authentify's motions to dismiss have supported SFOR's claims that Authentify Patent Co. and Authentify Inc. may infact be alter ego companies.
The judge concluded that their is enough evidence to suggest this possibility and that allowing SFOR to proceed with discovery is the only way to make this determination.
Can SFOR hold on long enough? Why is it that SFOR cannot secure commitments of any real significance for its' procucts?
The dilution occuring makes it difficlt to survive. Just how much time do you think we will have to react to a run?
You keep saying that as though shares are hard to come by. Just place an order for a Billion at .0001 and I am sure you will get them.
Shape Security is not good news for SFOR.
SFOR shares aren't even worth the paper your total position is printed on. Do you actually think someone is going to pay them a penny for these shares. Those who bought at .0001 can't even sell at .0002
I hope I am proven wrong on this matter. I will not buy another share anytime soon. The only ones that are going to sell their .0001's for .0002 are the mm's. If you are having success flipping for 100% more power to you!
I too use Guarded ID. Mine is tied to windows seven, and I cannot say for sure it is flawless. I haven't been able to do some of the basic things I use to do since install. I cannot however, say that Guarded ID is the reason for this. I did try to download to another unit with windows 8 and was unsuccessful. I like having it on my one unit, but I am not sure it is without issues.
Insofar as SFOR's corporate success or lack thereof, I have often wondered if there were technical reasons why their procuct wasn't being bought. While my limited experience with computers and software prevents me from declaring this as a real reason for it's lack of traction in the market, it remains in the back of my mind as a real possibility.
I do know that there were some technical issues with the Comcast scenerio, but there were some attempts to rectify them. Not sure if there were reasons besides those submitted by SFOR for White Sky's breach of contract.
I will concur with you that there is definitely a problem with SFOR's marketing approach. I am just not sure if it is because the the lack of interest with the open market that SFOR's resorts to third party distributors in the business scenario. I know that SFOR's defends their approach to sales.
Unfortunately, the bottom line is determined by revenuse, and SFOR is unable to generate them for reasons yet to be determined. I can say that their efforts towards securing patents drastically improved when Blank Rome took charge of securing them.
While I think Blank Rome brings a good thing to SFOR's side, I am afraid that for the common share holder it may be a little too late. As far as the revenue necessary to drive PPS up, it is in my opinion a dollar short and a day too late. Their is just a lot of dilution that needs redeeming, and the money will not be there.
Run to .0005. LOL don't hold your breath.
SFOR is toast. Just try selling at .0002. 1/2 billion shares and no real movement in PPS.
SFOR's management has to be laughing all the way to the bank. Everyone is getting blamed for the miserable failure but them. It's White Sky's fault, no it's the MM's fault. Their investigating 100 share trades. SFOR is where it is because its' own leadership.
While the consumer end is definitely worth while, I think the corporate side can be fabulous. The problem is, SFOR has trusted third party vendors to sell their product. Thus far, that has gone well. Sfor's marketing stategy is wanting.
I purchased their software recently, and so far it has worked well. I haven't been successful installing with windows 8.
What I don't understand, is that they claim to have sold some six million copies a while back. If that is the case, the annual renewal fee, should generate millions a year in revenu. Where is it?
Even if we talked to SFOR's leadership daily, does anyone really think that you could put a whole lot of stock in what they'd say?
Remeber they were going to authorize another 2 billion just because they "had to", but they would most likely "never become outstanding".
Up to 6.5 billion authorized. It is what it is. SFOR management doing and saying everthing but what they should to take care of their needs.
Dman, White Sky suit is about breach of contract. SFOR is not where it is today soley or even by majority effects from White Sky's fall out.
SFOR is where it is becuse of its' own leadership. The truth of the matter is we don't know all of the specifics, including whether or not SFOR provided adequate support for White Sky to remain.
We have been told it was all about White Sky's repeated request for a less expenssive product. That may or may not be true. Still yet, you cannot overlook the fact that SFOR has been unable to attract and keep any client which brings serious revenues.
With out this SFOR is toast.
As previuosly posted, do not take it personal. Also, contrary opinions are not bad. Most of what is posted here, is not going to make or break SFOR at this point. SFOR controls its' own destiny.
Why does someone with an opinion which differs have to be categorized as a know it all?
Still yet, I have stated that SFOR is probably on brink of a settlement with White Sky. Hypothetically, a 750k settlement will do little for PPS. SFOR needs real revenue and for some reason, they haven't been able to close the deals necessary. MHO
Most likely, there will be a settlement with White Sky soon.
RE: StrikeForce Technologies, Inc. v. WhiteSky, Inc.
Civil Action No.: 13-1895 (SRC)(CLW)
Dear Judge Waldor:
We represent Plaintiff StrikeForce Technologies in the above-referenced matter.
There is a call scheduled with Your Honor fo
r Monday, December 2, 2013, to update the
Court on the status of the source code dispute th
at we last discussed on
November 13, 2013.
We write to request that the status call with
the Court be postponed
until mid-December, to
give the parties an opportunity
to resolve the source code disp
ute before involving the Court
again. We have spoken with WhiteSky’s coun
sel and he does not oppose this request.
Respectfully submitted,
s/ David C. Kistler
DAVID C. KISTLER
There has been no further action in this case since this letter. Either they are close to a settlement or White Sky has given over what was sought after. IMO probalby near a settlement.
Still yet, IMO TOO LITTLE TOO LATE!
There is a complete lack of know how to market, support or some other element missing in SFOR's leadership.
I've said it before, look at the videos that are out there demonstrating SFOR's product. They are extremely low in quality. They have someone in them, who needs to stay where he is best qualified; that is in a back room producing the softwhere. They would have had better results with a professional grade presentation.
SFOR is missing the mark terribly.
Without new leadership, SFOR is toast. IMO
OT sorry to differ with you, but as long as the current leadership stays at the helm, SFOR is going no where short term or long term. The odds are probably one in 100 million. You have wavered back and forth over time, and you continue be dissapointed.
You and I both know it would be senseless for anyone to sell at .0001. I haven't added to my position in months. I actually tried to sell a chunk at .0004 when ask was .0005 and could not dump them.
The leadership just doesn't have what it takes, to make it happen. this should have been a multi billion dollar company. MHO.
Chalk this up as a loss. SFOR IS DOA.
Total Dilutuion 200 million for 20k. I won't buy another share. Get ready for another 1.5 billion authorized. They will probably authorize 10 billion before R/S. Then what 1 to 1,000. They will still be worthless.
Little bit of money to pay for SFOR managements Christmas gifts. LOL What a joke!!!!!!!!!!!!!!!!!
6.5 billion authorized shares! WOW
I bought it. Glad for 50% off, If they sell 1 million copies, thats 15 million in revenue minus what the company marketing gets. Supposedly, this is a marketing agreement with a SFOR stock holder.
Looks life SFOR management needs money to buy Christmas presents. LOL
AS common share holders we are screwed!
GREAT POST! subz
Haven't been able to sell at .0004.
Why authorize another 1.5 billion shares on top of 5 billion already authorized? SIMPLE it's called DILUTION
Besides, SFOR hasn't moved on news that would make most pennyland stock leap! Too many know SFOR workings and aren't buying in at any real P/S.
How many of them have been around for 10 years and have 5 billion in O/S?
SFOR will not run anywhere without veritiable revenue, a verifiable HUGE contract, a VERY favorable ruling or a settlement in their favor.
You are right Sunshine. Those records are no where near current. Pacer shows everything daily. You can view and download everything public fo ten cents a page. If it's not public, it will show up on list, but you will not be able to view content.
I cannot post a link which will be executable because it is a pay for view. If you subscribe to Pacer Case Locator, you can see everything which is listed for each case tracked by this locator. Unfortunately, every now and then some orders are kept from the public. SFOR has also petitioned the court to postpone a conferece call. See details below.
301 Carnegie Center 3r
d Floor Princeton, New Jersey 08540
A Pennsylvania LLP Stephen M. Orlofsky, New Jersey Administrative Partner
www.BlankRome.com
California
?
Delaware
?
Florida
?
New Jersey
?
New York
?
Ohio
?
Pennsylvania
?
Texas
?
Washington, DC
?
Hong Kong
P
hone: (609) 750-2643
Fax: (609) 897-7291
E
mail:
Kistler@BlankRome.com
November 27, 2013
Via ECF
The Honorable Cathy L. Waldor
United States Magistrate Judge
United States District Court
for the District of New Jersey
M.L. King, Jr. Fed. Bldg. and U.S. Courthouse
50 Walnut Street
Newark, NJ 07102
RE: StrikeForce Technologies, Inc. v. WhiteSky, Inc.
Civil Action No.: 13-1895 (SRC)(CLW)
Dear Judge Waldor:
We represent Plaintiff StrikeForce Technologies in the above-referenced matter.
There is a call scheduled with Your Honor fo
r Monday, December 2, 2013, to update the
Court on the status of the source code dispute th
at we last discussed on
November 13, 2013.
We write to request that the status call with
the Court be postponed
until mid-December, to
give the parties an opportunity
to resolve the source code disp
ute before involving the Court
again. We have spoken with WhiteSky’s coun
sel and he does not oppose this request.
Another order which has been kept from public view was entered yesterday 11/26/2013, in the SFOR/White Sky case.
It's b/s that they are keeping these rulings private.
Only if they are in business long enough. They need to be more concerned about generating revenue by selling their product. Anything awarded over infringement of contract will largely be determined by what SFOR has done in the way of business apart from White Sky.
Mark and everyone else needs to stop making excuses for SFOR's POOOOOOOOOOOOR performance.
It is time to realize that Mark was comfortable with one main source of revenue, and now everyone is paying for it.
SFOR has about a 1 percent chance of making it!
Lovely, do you think Intellipharmaceutics future is as impressive as the publication you posted?
Who that brings substantial revenue to SFOR have they signed?
The truth of the matter is that Mark and company have done little to nothing to bring new revenue in. Most and I mean probably 80% or so of third quarter earnings were already made prior to second quarter report.
Mark is more concerned about maintaing his and his partners needs than he is positioning SFOR whereas, it benefits the common share holder as well.
If Mark worked as hard trying to sell SFOR products as he does trying to create PR's, we'd have something worthwhile.
Why do people refuse to acknowledge that with out REAL revenue, SFOR is going no where FAST.
Even a R/S will not bolster PS in any significant way. Even then, any gain will be very short in duration.
I guess we all are suppose to ignore that there are already 5 billion authorized shares, and per Mark, they are going to authorize more. Mark is destroying what could have been a great thing.
How soon people forget the false statements that man makes. Remember, when he announced that he was adding to the three billion a/s and increasing to 5 billion. He said that most likely, none of those shares would ever be issued. LOL Mark is less than forth coming. He new when he authorized them, that he was in desperate need of cash and he intended to open the flood gates.
Go back and review how many defended him then.
How quick people forget. Mark ought to go get a real job.
2.1 billion sounds about right.
Unfortunately, there aren't even any significant contracts which have been signed. SFOR has hardly accomplished anything more than add to its patent position.
Patents in themselves now days, are not sufficient. Courts are not awarding large judgements to owners of patents which are primarialy collecting dust.
SFOR would be in a much better position if it had a significant client base. Judgements in pending cases would yield so much more. It is going to be difficult to get much more than the amount involved with the breach of contract. It will be difficult to persuade a judge that they ruined your business, when the defendant was you only real customer.
Mark and company should have been adding to their base in a big way. Instead, they continue to rely on issuing new shares. IMO Mark does not have what it takes to lead SFOR anywhere other than to B/R.
He continually places everything out 3 or so months at a time. Even the Mobile solutions which they propose continually gets delayed. If SFOR ever gets it out, will it still be the only solution available, or will there be others by then, by more reputable security providers?
I have said it all along, while some may think it is great that Mark responds rapidly to their emails, I think that someone who is able to respond that quickly, is obviously not busy doing too much of anything else. Focused people do not drop what they are doing to answer every email. They do it at a predetermined time, specifically set aside for that.
SFOR may have good products, but they are worthless unless the generate revenue. WITHOUT REVENUE FROM PRODUCT, SFOR WILL BE WORTH VERY LITTLE.
It is not looking good for SFOR at all. At this point, I am leaning toward accepting that I have lost on this deal. There has been hardly no new revenue this quarter.
Most of the revenue reported was already in hand by the time Mark reported the 2nd quarter earnings. The predominant source of revenue for 3rd quarter has been from dilution.
Even if Mark only issued the already authorized 5 billion shares, at .01 SFOR would have to sell for about 70 plus million. On the other hand, if he issues another 5 billion you can add another 50 mil. Aint gonna happen. (EXCUSE MY ENGLISH)
Mark won't get .0001 for his shares in the near future.
Unfortunately, Mark and comapany have been unable to get any significant client to buy their products.
Check out their videos on youtube, and it is very apparent why the are having a problem selling their products.
I like many others wish there was a different story to tell.
I have not seen it anywhere besides by accessing the court files through pacer. I don't believe it can be viewed by a none account holder.
I do download them so if I need to refer to them again I do not have to pay a second time to view.
I am not the best with computers either, so I'm not quite sure if I can copy and paste here.
If it can be easily done and you'd like to offer directions on how, I'm game to try.
SFOR is being sued by Sentinel Insurance.
Apparently, SFOR has sought to have it's corporate liability represent or defend them in Authentify's suit against them.
SFOR feels like the policy includes coverage for their situation.
Sentinel has filed a suit seeking a declatory judgement. They would like the court to declare them not liable along with the customary legal fees.