Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What we've seen happen time and time again with ZRFY, over the years, is playing out again now.
Shares are issued at a price equal to or below the price on the open market, with various minimum buy-ins, this time I think $10K. Kay, then, makes a big production about fantasy upcoming revenues and does a few of his dopey interviews. Then, the newly hatched suckers get excited about all the good stuff that's going to happen and merrily throw their money away on this stock. This temporarily drives the share price up so the $10K- and-up gang can take some profits before reality sets back in.
Other than patent infringement, I don't really think Kay's doing anything illegal, he's just an amoral sociopath. The SEC will do nothing about this, they are inundated with complaints about innumerable penny stock company management teams who are abusing shareholders.
I went to a shareholders' meeting some years ago and had private conversations with Kay and George at the hotel bar after party. I badly misread the room, though, thought they were hard working, trustworthy businessmen and threw away a bunch of dough on their schemings.
People tend to ignore warning signs that disturb whatever narrative they've invested in, emotionally, intellectually, or financially. When the company bought time on HSN to hawk their anti-keylogging software, it was a big flashing exit sign that I, and a lot of others, ignored.
True. I'm unsure what exactly the patent issues are. I mean if they lose in court and can no longer sell Zerify, for example, it's lights out.
Also interesting in that doc that was posted, it seems they spun off BlockSafe as its own company. Meaning that revenues it creates, if any, will have no meaningful impact on ZRFY share price and management can just feed at that trough, too.
The larger question, though, is why would anyone even close to being in their right mind invest in this stock? If you're down a lot, like I am, and hope share price will rebound enough to make back your losses, sorry, it's just not gonna happen.
With what money?
He also confirmed there wouldn't be a r/s two weeks before the 1:500 in June 2020.
You must be new here if you think he can be taken at his word.
Yes I suppose it was a variety of things that added up to the explosion, so to speak. In a culture where honor plays an oversized role, who actually knows when the line was crossed.
Re:Russia. Gonna try to find the link that Russia's agriculture sector has been severely negatively impacted by climate change already. Melting permafrost, out of control fires, you know the deal.
Someone was theorizing somewhere that it is one of the main reasons for their invasion of the Ukrainian bread basket. Will search for the link anon.
It seems to be one size fits all. That is, there were probably a number of reasons for the attack and one of them pushed Japan over the edge. Of course, the real reason was probably something no one knows about and will never know.
Ok, I see you that and raise you this;
https://www.iwm.org.uk/history/why-did-japan-attack-pearl-harbor
Second sentence:
"Why did the Japanese attack the USA? - The answer is oil."
Hey, I couldn't find your original message to me, meant to thank you for bringing me over here.
You gotta love the Monroe Doctrine, hey, this hemisphere is ours!
My father in law (deceased) was pulled out of college to work on the original A bomb. A mixed family legacy, he left my son his army uniform with the very rare exploding A bomb sleeve patch. But his kids aren't really overjoyed that he helped engineer death and destruction, possibly unnecessarily, on that scale.
By the way, I'm about 2/3 through the J6 report. I recommend it highly. Much better written than I thought it would be and no matter how sick you are of it and the T word, it's an eye opener. It's a page turner, flat out.
Not if he was also the owner (CEO).
Fool me once shame on you, fool me over and over and over again, shame on me.
Anyone who still thinks this is a legit company has only the image in their mirror to blame.
Replacing the ZRFY CEO (which is impossible) would do nothing. Its software would still be unwanted in the marketplace. If Zerify is at all worthwhile, it would have been bought out by Zoom, or some such, ages ago, to either incorporate its features or remove it as competition.
If you went into the same bar repeatedly and every time you ordered a drink the bartender threw it in your face, you'd probably, soon enough, get the idea to not go into that bar any more.
Why is it so hard to understand that's what Kay is doing and why would anyone, at this point, expect anything different from him?
Their business is selling shares and you people who keep believing the company has good software and is making a determined effort to sell it are, well, sad to behold. As was I.
If you're paid 100K on your job this year, what did you earn? How much do you earn on your job?
Now if you take that 100k and go 25K in debt buying ZFOR stock, you still earned 100K this year.
WTF? Yes, the CEO is paid more than the company earns.
"Gross earnings is the total amount of income earned over a period of time by an individual/household or a company." -Investopedia
If you earn 100K at your job and spend 125K, you've still earned 100K.
You probably meant net earnings, go pedantic yourself.
The CEO is paid more than the company earns. Anyone who invests in ZRFY, on that basis alone, shouldn't be investing in the stock market.
If the guy bringing the lawsuit had done even minimal research before buying shares he would have seen the obvious. That is, that SFOR (at the time he began buying shares), sells software for which there is no demand in the marketplace and is run by dishonest hacks..
Caveat Emptor.
The patent lawsuit is the more interesting one, in my opinion. There's a theory that Ram doesn't really invent stuff, he tweaks existing software just enough to get a patent. SFOR never really won any of their patent infringement cases because they never really had a case.
Management's money is offshore somewhere, beyond the long reach of the law.
Ok, whatever, I didn't personally insult you at all, I specifically tried to generalize the situation.
But you know what, go fuck yourself.
Hey, I was a Don Rickles fan back in the day, I know well that insults don't always have to be seen as negative.
Of course I understand what's going on.
I'm not trying to control anything, I have no mission, but the whole dynamic is just sad. Both their need to attract attention with intentional idiocy and the apparent need to respond so harshly and as if facts matter. As if it's a good faith dialogue.
Do you not see how empty it makes peoples' lives seem?
Unless, maybe, there's an ongoing satisfaction in being insulting, per se, that escapes me. In which case, who am I to judge, enjoy!
Hah!
With respect, you might be missing the point. Which is, to get attention, period. You might as well argue with a fire hydrant, his mission has been already accomplished as soon as you respond - facts, literally, don't matter.
The Russian jet registered as RA-96023 has landed in Caracas this morning. This plane is, apparently, often referred to as the Russian Air Force One.
https://www.flightradar24.com/48.35,11.8/8
That's a country that would take Vlad.
No more couscous in college dining halls!
100%. Although in the past, even the most murderous, evil dictators - and Nazis - have been able to bribe various countries to take them in to live out their days in sunny and comfortable exile.
Putin might be on a scale not previously seen, but I'm not sure Paraguay would be necessarily bothered by stuff like he's been doing.
In other fun news, it seems like the team from Morocco is the fan underdog favorite in the World Cup. They've already dispensed with two of their former colonialist masters, Portugal and Italy.
Lost in all the cheering for the scrappy African team, though, is the uncomfortable fact that Morocco is currently illegally occupying Western Sahara,
"The state of affairs became more complicated after former US President Donald Trump’s unilateral recognition of Morocco’s claim of sovereignty over Western Sahara in December 2020,"
Is that a nascent BDS movement against Morocco I see forming across America on college campuses? No, I didn't think so.
And here's another maybe. Navalny, in his YouTube doc series, Putin's Palace, makes the claim that Vlad's the richest person on earth, worth (before the Ukrainian fiasco) roughly $1T.
And Browder makes the case in his various books that with a yearly salary equal to $300K, Putin needs to stash his money somewhere in order to not seem like the biggest thief on the planet, which he clearly is (putting aside the Windsors, ahem).
For example, there's a run of the mill violinist in the Moscow Symphony, a close childhood friend of Putin's from middle class origins, who claims a net worth of $200M. He's clearly sitting on one pile for his old pal.
With the Magnitsky Act making it hard for Vlad to get at a lot of his money, it seems possible that Bout is also holding a pile for him that couldn't be accessed while Bout was in prison.
Sorry, gotta run, no time for posting links, but none of this is hard to come by or are figments of my overactive imagination.
Sure, could be, but Viktor's been already locked up for, what, almost 15 years? I'm guessing if he had any dirt to dish he would have done so already.
Dear Leader was trying to keep his criminal pals from getting to the point where they'd need to make deals with the prosecution.
Maybe we're both right, Viktor already gave up some dirt on Vlad and had no more to give so he had no remaining value. Unless, of course, he's now a full fledged spy for the U.S.
It seems like a completely amoral guy like him might be convinced to spy for a few bucks, though.
Krugman wrote an essay recently about the blockchain being overrated with no provable real world use. It did seem promising a couple of years ago but just sort of fizzled out, I guess.
At first I thought crypto was all about cleaning money earned illegally through drugs, gun running etc. But then I realized if you are trying to get money to a family member in a closed society like N Korea or Iran or wherever, or someplace with an unstable currency that it might come in handy.
As an investment, though, I've never been interested in it.
On a different subject, it doesn't get much more mind blowing than this:
https://talkingpointsmemo.com/feature/mark-meadows-exchanged-texts-with-34-members-of-congress-about-plans-to-overturn-the-2020-election
Yes, I can see Vlad having other motivations, it's my innate distrust of almost all things government that leads me to believe there is something behind the scenes at work.
Who knows - Navalny thinks Putin is the richest man in the world, worth an estimated $1T. And that he has trusted confidants squirreling the money away for him, so maybe Viktor is one of them. With the Magnitsky Act in force, Vlad's access to his own dough is one of his biggest concerns.
Sometimes a good cigar is just a good cigar.
You're joking right? Why don't you look up how Jared got $1B from Qatar to bail him out of his disastrous investment in 666 Fifth Ave, while Trump was in office?
Or this:
https://www.cnbc.com/2022/06/03/house-oversight-investigating-2b-saudi-investment-in-jared-kushners-firm.html
Etc.
If Bout's a has been, why did Vlad want him back during a crisis that has Vlad in desperate need of arms? Russia's apparently using bombs from the 1990's they got from Ukraine in the agreement at that time. So he wants Viktor around to drink some vodka and joke about the old days?
I've had no interest in crypto other than I think that it's possible / probable that the crypto market was diverting funds from the stock market, which might partially account for the past year of mediocre stock returns.
Ok, then, Mr Answer Man, why would Vlad want him back if he has no value during a crisis situation wherein Vlad desperately needs munitions?
They're old school chums and Vlad's feeling nostalgic about those days?
So, having no more facts than I do, you're able to conclude that I'm wrong? I guess that works if you're staking out an adversarial position for arguments sake, but I don't see the logic otherwise.
I'm not sure Whelan's worth the effort. Why would Vlad want a has been of no future value back? For old times sake?
It's impossible for mere mortals to actually understand what's going on here, but I think a good starting place might be to disregard almost all of the official info being disseminated about it.
"Bout, a former Soviet military officer, was serving a 25-year prison sentence in the United States on charges of conspiring to kill Americans, acquire and export anti-aircraft missiles, and provide material support to a terrorist organization." - CNN
"Preet Bharara, the U.S. attorney in Manhattan, described Bout as "international arms trafficking enemy No. 1 for many years." Bharara said Bout had armed some of the most violent conflicts around the world."- USA Today
"During a spectacular sting operation, Bout was caught on camera agreeing to sell undercover U.S. agents, posing as representatives of Colombia's leftist FARC guerrillas, 100 surface-to-air missiles, which they would use to kill U.S. troops." -Reuters
And he still got the minimum! There are black guys in Texas who are serving longer terms for non violent drug offenses.
https://www.dallasnews.com/news/crime/2016/10/12/report-116-texas-prisoners-are-serving-life-sentences-for-drug-possession/
No, it does not compute. You think Viktor's been replaced and he's off to be a pensioner spending his days playing pickle ball in Russia?
You actually believe that the White House Press Secretary gave a full and honest accounting of what went on behind the scenes in this deal? Biden's clearly withholding stuff about the Whelan case, too, it's way different than Griner's and we all know that.
But hey, If you're willing take their words for it at face value, then let me tell you that I'm the owner of a bridge that connects Brooklyn to Manhattan and I can sell it to you at a below market price.
I don't have the details of his arrest. Someone ratted him out? He was arrested in another country and shipped to the US? I don't have any idea, but I don't think his arrest, per se, is a knock on his arms procurement skill set.
Ok, whatever, go for it. Who needs bridges that aren't falling down, anyway?
Kushner was in the White House running foreign relations while making personal side deals with corrupt foreign leaders for $Bs. I'm sure this will be far worse than that.
Sorry that doesn't compute. Someone takes their place? Does that automatically make them as good or better than the person they've replaced? This guy was an all time great, who they made a movie about, not some run of the mill mafia clan leader.
Excellent. Infrastructure is crumbling nationwide, hate crimes and gun violence rising exponentially, problems at the border, China maybe getting ready to invade Taiwan, N Korea testing ballistic missiles, massive shortage of teachers, confidence in voting shaken, debt ceiling problems on tap.
But sure, let's concentrate on the laptop, it should be priority #1. If the stuff on it is anywhere near as bad as you're hoping, it will still be fraction of the corruption brought to you by Jared and the fam.
To compare him to other arms dealers seems to be a little like comparing Muhammad Ali to other, even elite, boxers. A movie was made about this guy, his connections must be without peer.
It can't automatically materially affect Putins war but it's a lot more, potentially, than he has now. I mean, how good can that stuff be coming out of N Korea and Iran, realistically? Maybe WWII quality, I'd guess.
So you answer the question: why would the US trade him for a basketball player?
I say he'll be of use to us or he'd have remained rotting in that jail. There are other prisoners we have who could have been offered up in a swap.
The anti-Biden people are maximally petty, true, but what's in this trade for the good ole USA?