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.
To answer the wtf inquiry it is because of the currently depressed pps it is easy for manipulation to occurre IMHO.
Yeah, it's amazing what confidence good DD will bring. Too bad so many others don't follow your example. Somebody else that impressed me is Ram's assistant who goes by Leo. I would say that Russian University trained hackers are just as good as the ones from the subcontinent. Like you I'm glad men of their caliber are on the SFOR technical team. If you call SFOR to verify this please say Prevet (Hi in Russian) to Leo (Leonid) for me. Thanks!
Sage advice for those with long term vison. However, if you're a short term trader and not a long term investor you can get distressed by the day to day pps fluctuations. It all depends on your personal timeline. The longs hold for the substantial near future payoff not short term small gains. But, they may find themselves regretting not having a position when suddenly one of the catalysts comes into play big time. So sad.
Rest assured I am not the only who has bought on the dips. Many other smart investors have done so. However, I am not flipping. I am a long term investor of the old fashion buy and hold school with SFOR until my personal pps goal is met. Which I'm utterly confident it will be because SFOR has the right product at the right time. And, it is only a matter of time until one or more of the catalysts come into play. I would not want to be without a position when a substantial PR is made. Long & Strong SFOR
Yep. You'll recall I went to the offices of my Senators & Representatives on the issue this summer. Mine are now engaged on this. I encourage any AMCIT to do the same. SFOR has the solution to the mobile device cyber security problem with Mobile Trust. The thing is, most in government don't know it. I know the DOD/CIO's and USGC cyber security offices didn't even know SFOR existed until I wrote the President, JCS & Admiral Paul Zukunft about it. They do now! Amazing what those office visits and letters can accomplish.
You have a valid point about wanting to avoid a year end loss appearing on the books. The last thing I read about court proceedings was that all three of the defendants, Duo, Trustwave (owned by Singapore Telecom) and Centrify are in the discovery phase of legal proceedings. The legal gun to their heads are Markman hearings. That is when the full extent of their infringment and trade secrets are revealed. You'll recall Microsoft caved in & settled before those Markman hearings. I would expect the current three defendants to play the same stall & delay game. However, I could be wrong, a settlement or settlements could now happen at any time with one or all of the defendants. This would be smart IMHO as it would minimize their losses particularly if treble damages are awarded SFOR.
I'm not worried about settlements. I'm confident about them. I've read what's posted on the USPO site. Ram's initial date is 2000.
Then it was updated periodically. SFOR owns this battle space! I can wait 3 years for the settlement jackpots. You're right, that qtr to qtr growth is the strongest indicator of where SFOR is headed. All this is based upon Mark Kay's company growth plan. He is executing well on every point he articulated.
And what happens when it drops? That "Down 15%" doesn't seem to last long does it? It's accumulated. Some prudent, long-term investors know what they own. When SFOR spikes North on a catalyst flippers will be left in the dust chasing the pps.
"SFOR has lots of potential even without any settlement". If people only realized that they would not only hold but accumulate.
You're also right when you wrote "SFOR (Mobile Trust) needs to be in every single phone sooner or later". I was greatly encouraged by the fact that, according to the recent Q, SFOR's most active market is OEM bundling of our defensive software with their products. You don't need a crystal ball to see what the future holds for this company.
Readers should file this as great reference material. Thanks for reposting!
Hard to do with people's stop losses being triggered by Gorilla size MM shake outs. Knowing that is one of their favorite games to play I did the opposite setting a high sale price. With the SFOR money tree retail needs a grip like one of Gibraltar's Barbary apes! Keep in mind the belief that if the apes go Britain loses the Rock. Don't let that happen! What this allegory means is this. I believe one of the defendants may have a hand in all this monkey business. My guess is Singapore Telecom who is on the hook for any treble damages extracted by Blank Rome from its US subsidiary Trustwave. If they can quietly accumulate shares on the cheap they will ameliorate any damages. This would also put them in a position of strength in any buyout offer tendered. Finally, if they could manage to acquire 51% of the common it would be a game changer in their favor in court. That's my potential player and scenario. What's yours?
Yep, the shares fell into the hands of a bottom feeding whale.
Ah, there they are, just as anticipated. A gorilla size MM has appeared to shake the SFOR money tree. Hang on tight longs, don't let them steal your shares with a low set stop loss.
I expected the morning MM shake out to be greater and last longer. This is interesting that they couldn't prevail and set the tone for the rest of the day. Is the rip up already starting?
I see a dip and rip. The dip might occur sometime during the day as the last shake of the SFOR money tree by gorilla size MMs. Some stunned, weak grip retail monkeys may despair, having had their hope of SFOR only heading North tomorrow not materialize. These temporarily cheaper shares should then be promptly gobbled up. Then, the pps heads North for a green close IMHO.
Settlements can occur at any time in the discovery phase of their patent infringment litigation with Strike Force Technologies. Trustwave, Duo and Centrify are currently in the discovery phase.
You'll recall Microsoft settled before Markman hearings could have exposed the totality of IP infringment and trade secrets.
In the course of their cases adjudication Trustwave, Duo and Centrify have the same sword of Damocles of Markman hearings being held by Mr. Wolf (SFOR's lead attorney at Blank Rome) over their heads.
You're right, SFOR was ahead of the toxic debt power-curve and eliminated that last Q not this Q (my bad). I disagree that the debt they owe is soon going to turn toxic. With further good growth in on-line & in store sales, OEM deals, licensing fees (such as the $25K SFOR currently get from ACS) and perhaps another settlement it could easily be eliminated. Like you, I eagerly anticipate the last Q of the year/10-K.
Blank Rome can't "forget treble freaking damages" that's what Mr. Wolf is going after with the Duo, Trustwave and Centrify litigation. Also, the US Supreme Court approved the award of treble damages in patent infringment cases. I respect the way you look at it. We are all entitled to our opinion. However, I respect the opinion of the (currently 8) justices of the US Supreme Court even more. Please understand that.
This is great SFOR background info. If MODs don't sticky consider putting this in your own file. Thanks reconranger for sharing this DD.
Wow! Very encouraging DD. With clients the magnitude of Sally Mae SFOR investors have definitely hitched their wagon to a rising star. Thanks Midnight Shift for finding & sharing this.
More than likely you are right.
If they continue to increase earnings, as they have for the past two quarters, that bloodflow is not only completely staunched but
cash flow positive. We'll see whose right with the first Q's figures of 2017 agreed? Although another settlement would expedite things.
No, you're quite right, parentheses still mean loss however,that loss is very nicely offset by the four million five hundred thousand dollar settlement. Consequently, OVERALL net income was positive by over four million dollars for the 9 month period ending Sept 30, 2016 vs the same period in 2015. Like you my training in finance and one year of experience as a finance officer (before cross training into ops) was long ago.
Happy to help! Net income for the 9 months ended Sept 30, 2016 vs the same timeframe in 2015 increased $4 million 500K or 1,720%
due to the settlement from Microsoft subsidiary Phone Factor.
By general accounting rules that settlement is entered as income.
It's in the Q.
Since a settlement could occur at anytime during these legal proceedings it could be a very Merry Christmas indeed!
You're right "This was the year of turn around". First came our hard won settlements with Phone Factor and Microsoft. Absolutely key in the defense of SFOR IP and the provision of desperately needed funds. I also agree that SFOR is "not a scam company". It offers the right products at the right time in the burgeoning field of cyber security with deals with "large enterprises" in the works being brought to fruition by those "two new fellows".
They were hired by our, as you & I agree, our "honest CEO who truly tried" (by executing on his 4 point company growth plan) and whose personal investment of 2 million dollars of his own money kept us afloat in our darkest hour. That in my book is leadership by example. But what do I know about leadership as a retired military officer? Where we obviously disagree is on the Q with you stating "nothing was good". Growth quarter after quarter, no dilution, the elimination of toxic debt, rising net income, ongoing OEM bundling, on-line and in-store product sales, a $25,000 monthly licensing fee income stream and $1.2 million in the bank speak loudly to me. Find me another pink sheet listed company so strongly positioned for the future. I admit, I'm an optimist seeing this glass as being half full. More champagne is to be added with the release of the year end 10-K. Bottoms up!
SFOR was cash poor in Jan. So, I can see why the company snapped at the 10 million dollar settlement from MSFT. It provided the desperately needed liquidity to survive. I honestly hope you're right and Duo, Centrify and Trustwave foolishly dig in their heels and offer the pittance of a million or two for settlement.
That would be deemed wholly inadequate. Blank Rome's Mr. Wolf is drooling at the thought of getting treble damages which were upheld by the US Supreme Court in defense of IP. You'll recall Blank Rome is litigating these three cases on contingency. Consequently, it makes financial sense they pursue the higher payday for their client and themselves.
Protecting family and friends personal and financial information with the gift of SFOR's Guarded ID or Mobile Trust might not be on your Christmas want list but I'm confident it would be appreciated by others.
Wrong! Reread Martoni1's message. You'll notice his conversation with the new marketing guy. He talked about advertising for the upcoming holiday season sales. He specifically mentioned both on-line (Amazon) and bricks & mortar stores. The on-line TV advertising commercial for SFOR's key logger defense is already in the can. Google it. That is what can be linked to Amazon. Marketing is happening this holiday season!
Well, that's one way to look at it. Why couldn't have SFOR sold copies of it's defensive software to some clients through our distributors? I think that's also a possibility.
Eagerly looking forward to Midnight Shift's major deals report.
There definitely is "Gold in them thar hills" and SFOR due to Ram's patent date of 2000 is sitting on a very rich vein.
Thanks for making the effort to attend and report back to those who couldn't. I particularly appreciate your assessment gathered from "face time" with the CEO and employees. Job well done!
Revenue up 44% over last Q which was up 66% from the 1st Q is garbage? For a company that just rose from the grave (Phone Factor & Microsoft had put it there) this is an incredible turn around! Soon, the advertising campaign Martoni1 reported being worked on by the new marketing guy takes place. Just in time for Christmas shopping! Those sales and perhaps a settlement or "big enterprise" deal being announced should make the 4th quater even better. No way is this going down to 0.004.
The proof you requested has been posted on this message board. Granted, the currency is several days old. However, since TA is not gagged feel free to call them yourself and share with us the most up to the minute info on share structure you demand.
As far as the cutoff dates of the quarters are concerned look carefully, they were published in the Q.
Regarding PRs, Mark does not put out fluff ones like other pink sheet CEOs. I appreciate that and will patiently await substantive ones.
Don't downplay the importance of the SH meeting. Yes, it was a formality and it stuck to the agenda as published. The big thing in my eyes is that it happened as promised. I cannot recall the last time SFOR held a SH meeting. Can you? What this underscores is that this is a real company, with real products selling,(on-line, in-store & most actively OEM bundling) that is playing by the rules of business and the SEC. I was also impressed by the detail in the extensive Q which was solid, showing good growth quarter by quarter. The professionalism of our CEO is obvious. Mark Kay is doing exactly as he said he would, executing on all four points of his company growth plan. We're fortunate to have a man of his background and experience at our helm.
No dilution occurred, there is no toxic debt but there is $1.2 million in the bank! This company is on the right track. Show me another "stinky pinky" in such good shape with such potential IP lawsuit settlements and "large enterprise" deals waiting in the wings. Long & Even Stronger SFOR!
It's possible that SFOR counsel advised SH that they are not company spokesmen and could be held liable for spreading inaccurate info by any means.
"Another ugly day"? SFOR closed green! What's bad about a 4% gain let alone an over 50% bounce back this week? I see nothing wrong with this picture.
Ditto! You've touched upon the deepest and strongest of all human emotions, greed. That and fear are what rule Wall Street. Like Gordon Gecko (Mike Douglas) said in the movie "Wall Street"
"Greed is Good!" The problem is that some SFOR investors gave into fear, panicked and sold. IMHO they will have seller's remorse and soon. Long & Strong SFOR. Have a great weekend fellow longs. Others are going to have a long weekend, second guessing themselves and sweating a good PR coming out of the SH meeting.
That went well for the Allies! Long & Strong SFOR (a US based co.)
That's right! So you got to ask yourself if you're on the right side of this trade now? Madams and Mansours place your bets. I'm betting on SFOR! GLTA longs.