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That's a distinct possibility! However, only a lawyer can tell the board about it's degree of probability. I'm out of my depth on this one as all of us non-legal types are.
O.K. that's reassuring. But what about December 5th now being mentioned? If Mr. Wolf endorses this does this mean the sheep (defendants) realize he has them by the throat at last? Perhaps the proverbial gun of discovery to their heads being cocked tomorrow finally brought them to their senses! The game of chicken may be ending. The sheep may not want all their dirty laundry of patent infringment profits and their trade secrets brought out in the open in a court of law. If Wolf allows the sheep to dance until 12/5 will it be the settlement dance or the stall and delay dance? Inquiring minds want to know. Esq are you reading this? Your input would be most appreciated at this critical time. Thanks!
December 5th! How long will the judge allow this kabuki theater to go on? There had better be a darn good reason for the delay!
I thought each defendant has already used it's one extension. The last one filed was due to lead counsel not being available until 11/9. Now what? I don't have a PACER account so I don't know exactly what has been released. Could somebody with a PACER account please post the info here? Thanks!
O.K. I was expecting an e-mail to be posted, not a transcript of notes you took during a phone conversation with CEO Mark Kay. You had promised earlier to post the e-mail so I was confused. Sorry.
No, it wasn't. Thanks for posting the link to that Berkshire Hathaway Company's article. Most informative!
SFOR-REASONABLE BET..UPLISTING is near..
Except for death & taxes as the cliché goes. You're right of course. The stock market is the world's largest casino. The OTC is like a wild west saloon. Ya walk in and notice the dance hall girls, gun slingers and card sharks. After a whiskey at the bar you take a seat at the roulette table. "Madams and Mansours place your bets." I'm betting on SFOR!
What is the source & date of that very positive article regarding the impressive 66.8% growth rate?
We are of the same mind on this issue. I have faith in those two business development specialists Mark hired to bring home the bacon by year's end. Until the 10K the jury is still out IMHO.
Yes, I seem to recall hearing that on a video tape. So, let's give the man the benefit of the doubt until the year end 10K is out agreed?
You're kidding! This is the e-mail from CEO Mark Kay you promised this afternoon you would post for us all. Unbelievable just unbelievable!
No can do. The dragon must first report to the Singapore Telecom CEO following observation of court procedings sometime 11/9 EST. Fly will have nothing to say until then.
Sorry but the timing is completely out of my hands.
Since you offered, yes, please show us the e-mail. Thank you!
Lipstick on a pig! snaps Ms Chua Sock Koong CEO Singapore Telecom.
And I'm not talking about the past year of the golden pig. That round eye (nickname they've given us, ask me how I know) at Trustwave, Robert McCullen knew what a can of worms this could be!
Now that they are a part of Sigtel any judgments will be paid by us. Corporate counsel speaks in McCullens defense stating he could not of known the magnitude of potential damages before Mr. Wolf submitted the claim for trebel damages. He reminds her he initiated the Trustwave acquisition in 2015.
Just how bad could it be if SFOR's Wolf succeeds in winning treble damages? She is presented and reviews rather dire figures submitted by Kevin Kilraine, Trustwave CFO. We cannot allow this to happen! We must study the options to either settle, buyout or fight. Has Blank Rome's NCY office served our NCY office yet? SigTel counsel tells her no. Good, that gives us time to carefully consider our options. Have the dragon report directly to me what he observes tomorrow in court when Trustwave's lead counsel has to appear in front of the judge. Now get to work on the details, we may not have much time and I need as much information ASAP to present before the BOD. (reported by a fly on the wall in the Singapore Telecom executive conference room) to be continued...
Wow, I didn't realize that! No wonder the dragon is keeping such a watchful eye on tomorrow's proceedings in front of the judge.
So Singapore Telecom just might be on the list of the next 5 to be sued for patent infringment. This is even more motivation for them to consider a buyout of SFOR.
Great DD! I think you just found some of the good news to be announced at the SH meeting on the 18th.
To continue the patent infringment lawsuits here after acquiring SFOR would also enable them to, in time, recoup the entire price of an SFOR buyout and provide a cash flow.
1.) To mitigate the loss caused by treble damages levied on their US subsidary Trustwave
2.) To expand into the US market since they already are Asia's largest telecom provider
3.) To obtain the (pending) foreign patent
4.) To get Ram and Leo on their payroll, improving their cyber security product offerings
This is exactly why I wrote the Joint Chiefs of Staff, their Chairman and Commander in Chief. SFOR's military grade Mobile Trust is a viable solution to the mobile device COMSEC problem highlighted by Lt/General Ben Hodges during NATOs June FX Anaconda in June when he told a AFN reporter his "Blackberry is being monitored" and "e-mails are insecure". SFOR has the fix to that frontline commander's problem with the right product at the right time!
Ah, but will the judge sign off on the request for joint discovery? This is the BIG question in my mind. If the judge does so it will expedite things legally. If not, there will be a delay in judicial proceedings. I believe it is a reasonable request.
Yes, I am quite aware Singapore is not in Vietnam. Asians followed closely our conflict in Vietnam. The ones I delt with knew their regional history well. Having done 3 tours of duty in Asia I also found that their business professionals do take a long view of things. That IMHO is to their advantage.
The MBAs graduating from Western business schools are trained to focus on the next quarter or so to our disadvantage.
The Singapore Telecom dragon has landed! Following his transoceanic flight he has taken a page from the history book and arranged a long term stay in a cave near the courthouse. He remembers that when the US was negotiating the end to the Viet Nam war our diplomats booked rooms at fancy Paris hotels. The Vietnamese took leases on apartments. American businessmen focus on the next quarter. In Singapore, they have long term vison. This principle has guided Singapore Telecom for 130 years. The dragon knows the value added the international patent & Mobile Trust would contribute to it's recently rolled out mobile banking cyber security program. The dragon will carefully watch the court proceedings of its US subsidiary, Trustwave. It is wise enough to avoid paying treble damages. If threatened it could easily defend itself by greenmailing SFOR. It rests tonight upon a mound of treasure totaling $62 billion in assets. Sleep well dragon, you will be flying circles around the courthouse on 11/9.
Thanks again for pointing out an inaccuracy. This board is in your debt. Your technical expertise has kept us from being misled through misinformation.
Sweet!
I agree it's a case of gorilla size MMS shake, shake, shake,...shake, shake, shake
and look at all the weak grip retail monkeys falling out of the tree! We SFOR longs have grips like Gibraltar's Barbary rock apes!
Another thing I think you're right about the final shaking of the tree takes place a week or so before the stock rockets up. Let's see in a week or so, oh yeah the Q comes out then the first SH meeting in years! Go SFOR!
Yeah, I forwarded the nice reply I got from the DOD/CIOs office to Mark Kay. That was after I arranged a phone call between that office and him this July. Mark thanked me for my efforts & told me he put our government distributor in contact with that office in the Pentagon. Then he told me "no new contracts until 2017" and clammed up (rightfully so). So, who knows? I put the ball in the hands of our quaterback by visiting Congressional offices, writing the JCS and POTUS. I did my best as a retired military officer to underscore Lt/Gen Ben Hodges COMSEC concern and the SFOR Mobile Trust solution. The rest is up to ACS who I believe is working hard on our behalf. But like you wrote, we won't know about it until it's a done deal. At least we got a chance at bat. Until the CIO's office called me they had been unaware of SFOR and Mobile Trust.
They aren't now!
Defendant companies CEOs under enormous pressure right now! They absolutely, have to make the right decision here, their careers are on the line! They have to decide tomorrow just how much it is worth to them to keep their dirty laundry (IP infringements) and trade secrets out of the public limelight. I'm confident their CFOs have briefed them on a few scenarios and what the potential costs could be. Just how much confidence do they have in their legal team? Do they have the hubris to believe that unlike Microsoft they won't have to settle? Time is running out. They have to instruct their lead attorney what to do NLT COB tomorrow.
It's going to be a late night for these CEOs. One of their underlings reported seeing a bumper sticker on Mr. Wolf's (our lead attorney at Blank Rome) car. It read "Eat more mutton, 1,000 wolves can't be wrong!" Does he think Trustwave, Duo and Centrify are sheep? Are they going to be sheared with generous settlements or struggle in vain and be slaughtered with treble damages? The CEOs are well aware the higher courts have affirmed imposition of treble damages. Do the CEOs want to take that chance? Tick tock, tick tock, time is running out before mandatory appearances in front of the judge. Once the discovery papers are signed into effect all I can say is "Let the games Begin" as Roman emperors used to say in the Coliseum.
According to CEO Mark Kay they are in the works. I have patient capital invested here and am willing to wait for his two recently hired business development specialists to bring home the bacon. Their efforts should be highlighted with the release of the year end 10K. I understand if you are a short-term investor and this does not meet your timeline.
SFOR ON BRINK OF GREATNESS CEO KAY EXECUTING ON 4 POINT COMPANY GROWTH PLAN... Please read Post # 112975 by shbinu12345 which has the most recent "Research & Markets Report" then decide for yourself. Long & Strong SFOR!
That may "blow over" as soon as state election results are in regarding legalization. Then SFOR may see your predicted influx of investment just in time for the PACER release regarding the 11/9 meeting in front of the judge.
I've been corrected. Settlements could happen anytime now!
True. I just mentioned it as we had been discussing the upcoming launch of the discovery phase. Assuming the judge signs off on the motion set forward last week for joint discovery.
Esq, a lawyer poster here, lead me to believe a settlement could also arise during the discovery phase before the defendants go to trial.
Thanks for posting that picture! But did you also mean that SFOR has the potential of being "Better than Google"?
"Spoke the raven, nevermore" Edgar Allen Poe. I never thought I'd use that quote of his in regards to SFOR pps.
Gold49er don't forget his most able assistant Leo! He is Ram's right hand man with a very interesting IT educational background that I believe gives SFOR a distinct advantage. Chat with him sometime & you'll see why I believe this to be so.
I have not held a stock long term for years, until I found SFOR.
Wrong! Check Google, post the photo of the OFFICE BUILDING AND PARKING LOT.