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Do you mean SFOR would not need to pay G&R and B&R, and defendants will pay? That is a lot, half of settlement, for it is in contingency.
Agree with you
After tomorrow, are we going to see more settlements soon? I am also expecting revenue from some big deals.
Got $200 from another stock a few minutes ago, added 10k shares SFOR at 0.0165. Will hold until buy-out.
Kay and his people have been doing the right thing. Law should be restored and enforced for the good of our society.
Cannot understand why some people choose the bad side.
What is wrong with patent play? Do you like a thief or robber to run away with your most valuable treasure, without asking police to get your things back? Don't you think it is too funny for a person to give up his treasure to thief or robber without fighting?
Yes, you are right. Haha.
Cannot wait to see the IPR denial. That will clear our path to success in settlements for a lot more lawsuits. Excited for the future of SFOR. Excited to see good defeat illegal in the next few years.
I would not sell during our hard time in any case. If I had more cash, I would have loaded a lot more shares at that low price.
Are we going to get the IPR denied on 18th? Hopefully we will get it done. Then revenue from big deals, and more settlements, more lawsuits filing.
We are up! Guys, we are up ! ! !
You asked the one time lump sum again. If your question is about the settlement with MSFT, I can answer you. I reviewed email from Kay about the one time lump sum and the license agreement. The one time lump sum was from the settlement on Phone factor patent. The license agreement was for ProtectID which MSFT use in AZURE. Two different patents.
The cash they had early this year should not be enough to keep company running till now. Don't remember they took loans for surviving.
It seems the company did get some money from somewhere. Last spring after settlement, the company got 4.2m, and reduced debt by about 4m from about 13.5 to about 9.5m. The company consumes about 1m each quarter. From last spring till now, it was about 7 quarters. The debt does not increase.
So there is something we don't know. Anyway, if the company got money from some deals to survive, I am happy with that.
I am going to wait for more than that, hold until buy-out. Sell most shares after buy-out, only keep a few million shares maybe.
Is the borrowed money used to keep company running or to pay the attorney firms?
Did you say that CEO is in jail? Many people have chance to steal money, but most people choose not to. The fact that one CEO stole money from shareholders does not mean other CEOs would steal also. If you are so worried about bad CEO, it might be better to keep money in bank, don't let them steal your money.
What you mentioned in this post does hurt the company and shareholders, it is not reasonable for a CEO to do it. I cannot take it, no shareholder can take it.
I don't believe Kay would do it.
He didn't follow what he said, but it was reasonable for the company to file more lawsuits after got the help of a top attorney firm. There was nothing wrong for them to change idea in that issue.
As long as they do things wisely, they are not going to hurt the future of the company. I am ok with the change.
should run to at least 0.05 after IPR denial is announced, because that is going to lead us to settlement one after another. Don't forget after the 7 is done, more lawsuits will be filed. There is a long list.
Early spring 2016.
Are you sure the deals Kay talked about will bring in revenue? The previous deals have not brought in any revenue so far. Except the lawsuits, they have not announced any progress since last Nov.
Are you out of your shares or still holding?
I have no comment about what you said, because I have no idea about what is going to happen in next 3 months. Hopefully Kay can see your posts and make some improvement to their work.
Wait to see what is going to happen on 18th and next 3 months.
Settlements should not be far any ways.
That was the end of second quarter
3rd quarter was over 10 days ago, no signal about revenue from deals in that quarter.
I have to wait for the revenue from deals to consider them.
You did not add new components into the big picture: 1) settlements which are nearby; 2) no R/S no dilution for close to 2 years; 3) two top law firms are representing SFOR in lawsuits.
Although what has happened all has weight in the big picture, the more recent events should get more weights than older ones. Also, we should not forget the word which is called "potential". All those results in share growth from 0.0001 to over 0.008. You have to look at things comprehensively and objectively to get a real picture.
It is true that I am not confident with the deals at this moment. Overall speaking, I am confident with SFOR. That is the reason why I put over 90% investment in SFOR.
Yes. Confidence needs to be supported either by historical performance or current solid finance. What baldeagle said is not convincing.
I do know Kay talked about deals multiple times, especially early this spring, he was strongly positive about revenue from deals in second half this year. But so far we have not seen any. And Kay signed some deals in past few years, none has brought in revenue. So it is not easy for me to be confident with the revenue from deals. I guess this is also the reason why others are not confident.
B&R has been with SFOR since Nov, 2015, and the second started working with SFOR a year ago.
The retails have been bad. You said deals would be the part which generates meat. But so far, we have not seen one cent revenue from deals, and don't know when the first deal revenue comes in.
But after settlement with MSFT, SFOR has not brought in any remarkable revenue, and they brought in almost nothing in the past one year. The patents they sue the infrigers for were developed 10 years ago.
I believe SFOR will be better because I am confident with the 2 attorney firms for their reputation and historical performance. What makes you confident with the management in SFOR?
You are right, nothing for sure. But he seemed to be very positive.
It is early to talk about revenue from deals in 4th quarter. We have 3 more months to go. Let's wait to see.
Maybe not drop much if the IPR is delayed because settlement is close, and Kay's prediction of revenue from big deals/contracts coming in 4th quarter may come to reality.
He announced multiple deals/contracts previously. I don't remember he had ever mentioned revenue from deals until this spring. This spring was the first time he talked very positively about revenue from deals, from my memory.
Do you mean on Oct 26, 2017, FMW "New To Street" program will talk about SFOR on TV?
understand
I see. Wish it happens on 18th.
What do you mean? IPR denial not going to happen on 18th?
Last summer, Kay said there would not be anything special in 3rd quarter of 2016, and 4th quarter should be great. The reality turned out 3rd was good, and the revenue of the 4th quarter last year was really bad.
So I don't know whether I can count on his words or not.
No idea. It depends on what is going to happen before early 2018. If IPR denial happens on 18th, and large revenue comes in within next 3 months as Kay said, and we have some settlements, we can run to a good price.
But who knows for sure what is going to happen?
Will there be a January run?
What makes you predict a January run? Run for what?
The situation is different from last year. We are one year closer to settlement than this time last year. I am not going to sell if IPR denial does not happen on 18th. If others dump to drop the price to 0.003, I will move some cash from bank to pick up cheap shares.
What makes frustrated about the deals is, Kay has announced many deals, none of them has succeed.