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He was very positive about the revenue from deals before the end of 2017. Let's see what is going to happen about deals in the next 3 months.
Kay is trustable on critical issues. For example, he promised us not R/S in foreseeable future and no dilution in the near future. We have not got one after the settlement with MSFT. Many penny stock companies do R/S and/or dilution multiple times a year.
Hopefully not too far away we can see the PR.
Your guess is also my understanding of Kay's email. Hopefully there is an agreement for MSFT to pay SFOR for the ProtectID certain time after they started getting payment.
The email from Kay on June 17th about that 9.7m and license agreement:
"The only money we made off of Microsoft was from the lawsuit with Phone Factor. We don’t have any other contract from them. We still can make money off of them when their clients use Azure and potentially buy our ProtectID, but no one has as of yet."
It seems 9.7m was from Phone Factor, and the license agreement was for ProtectID.
What I don't understand is MSFT has been getting money for Azure. Why SFOR has not been paid?
Agree with you about that topic to some extent.
But will it have negative effect on the share price this time?
You are right. From WBC previous posts, he knew how lender will be paid. 7.5m is the maximum lender can get from SFOR. This is under the condition that SFOR cannot win lawsuit, cannot pay back the money they borrowed from the lender for long time. There would be no extra 2% legislation any more.
If SFOR pays back the lender within next few months, there would not be 7.5m maximum any more. It is a very simple math.I cannot understand why WBC got confused now.
Thanks. We are going to leave for the great mission soon. I am ready.
Put as much as I could onto SFOR. I think I did a smart thing. Feel good with myself.
Thanks.
Wish all the longs good luck.
The moment before breaking out is so quiet.
I picked at 0.008 this morning. Last week I got some at 0.0071. Total was 120k shares, not many. No cash any more. This time next year, those shares will bring in at least 10 times more than I spent, I believe.
I got some also.
So quick? That would be exciting.
I thought our most recent good news would be the IPR dismiss on 18th.
Why is it so quiet today?
Great to know. Cannot wait for the day Strike Force win the lawsuit against Google.
Is there a time limit for patent lawsuits to close? There is a generally accepted time limit for most lawsuits. Can the defendant drag whatever long they want? DUO may drag out. That is a really bad thief, deserves hard punishment.
Next June will be the 2 years window for first 3 lawsuits. With top attorney firms, maybe some of three lawsuits will settle before next June.
I have big concern with the revenue from deals. Let's wait for 3 more months to see what's going to happen. The situation of SFOR is better now than 2015.
Of course we will win all of them, and then file more lawsuits for other infringes.
I am expecting the settlement of lawsuits.
I have 47m, need 3m more to reach 50m.
Not 50m. Short of 3m.
From the license with MSFT and hiring top attorney firm, I believe SFOR has great potential.
But because I don't see the revenue from deals, I am worried some. Guess Kay should have told some truth, if not all. Wait for a few more months to see.
Same here. I wish the best for the company, but have a lot of concerns with the revenue.
The second half of his post does not make sense. Think about it, if Kay uses the 15m to pay off all the company owes to others, the company would not owe anybody any more. The first settlement is an indicator of all the trend of the rest 6. The funds from the rest 6 settlements will stay with the company.
After the company wins 15m from the first one, no matter what Kay uses the money first to pay for, would you sell your holding? I would hold for rest settlements and filing of more infringing lawsuits. I don't think other longs would sell either. We have been waiting for this moment for so long, why sell after the first settlement?
If nobody sells, how could the share price "drops to 0.0001, and no bid no ask eventually" ?
Can you agree with him? Wish he knows what he talked about.
Don't agree with you.According to you, the stock of a company who does not have any loans, does not owe anything to attorney firms, and has great potential worth 0.0001? "no bid with an ask of .0001 eventually"?
What a post.
SFOR is not the leading cyber security company at this moment, will be soon. Their technology has been the leading one. Otherwise, why shark companies infringe SFOR's?
There is nothing wrong about it. Their patents are protected by law. Infringing their patents is illegal and indecent.
I am satisfied if SFOR can win all the patent litigation. I wish they will win.
Their technology has been stolen by big thieves to make money. They have right to get their properties back. There is nothing wrong with SFOR to get their own things back with lawsuits.
What did he tell you? Did he mention the revenue from deals in the 4th quarter? He was very positive about this at the end of last year.
Last fall, he said retails in the 4th quarter of 2016 would be great. The fact was the revenue was really bad, worse than the first 3 quarters last year. I asked him later why the retails was so bad. He said not bad at all. Actually, compared with retails this year, it was not bad at all.
Let's wait to see his deals. Hopefully, he did sign at least one deal.
I. cannot believe what bald eagle said. but, still, I picked more today. keep little more cash in case price drops lower. Reached 47m shares finally.
I cannot agree with you. If they postponed receiving payment for the empathy, why not stop signing deals, and tell court they could not get deals due to the infringers?
What makes you believe Kay did sign deals as he announced? He didn't delay the signing and closing of deals/contracts. He announced many deals already. He just has not got any revenue from those deals so far.
I wish you are right, but cannot believe people will do things that way.
Nobody is selling either. There are still possibilities for SFOR to run if Kay told the truth about the payment from deals by the end of 2017, and some lawsuits settle in the next few months. So I am worried and frustrated with the deals revenue, while still holding and collecting.
How can you explain the really low revenue in 8ks of past several quarters with your one year+ studying of the company?
Can you explain why the company has got 0 revenue from so many deals they claimed having signed? How can a company provide products and technical support to others, and don't get any payment? Strike Force has been in trouble surviving, living on loans. They are not rich people who are willing to donate products to others and volunteer to provide free technical support.
Wish Kay can be trusted on his talking about the finance of the company in the second half of 2017.
The 3rd quarter was over. Speculation does not work for 3rd quarter any more. What makes you believe it was not disappointing?
If other longs have not sold in the past one year, some of them are holding more than I am. I knew at least 2 held over 70m a year ago. But I don't know whether they are still holding all their shares.
I don't know much of the company other than the 7 lawsuits and a lot of infringers. I am expecting Strike Force to win the on-going lawsuits and then file more. ZPaul has posted a lot about deals, but I am not so confident about deals, because I have not seen any revenue from deals so far. I am long for the lawsuits.
I am not a flexible person, don't know much about stock trading. So I have not sold one share since I came to SFOR.
I picked a little bit shares too today. My collection is approaching 47m.
Links please.
Strike Force, of course.
I don't live on the investment, can stay with Strike Force up and down. But I also wish they live up to us longs, do their best to make some good progress.
Really disappointed in the past few quarters. Will hold on to see what is ahead of us.
I expect a good news. The company should have known 3rd quarter finance report is another disappointing one. I guess they have planned for something to compromise the bad mood right before or after 3rd quarter 8k, that is the IPR dismissal.
3rd quarter is already over, and have not seen any revenue so far. The only thing was Kay's announce of more deals. Does he really believe people care about his deals? I don't care how many new deals he signed if they are 0 revenue deals again. I am tired of this type of announcement. Wish he can sign a deal with solid revenue.
Yes, Good always prevails vs Evil... no matter how tricky Evil is!
Let's support the good side strongly, no matter how hard the fighting process will be. We know the good side will win finally.
why load everything he can, not yourself ?
I wish I have some cash to load more. unfortunately , I used up all cash in this investment account.