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Yep, we are sitting on a gold mine. I have never got in a stock on the ground floor. I didn't here when it was in the basement but invested last winter. Because of the trips I was able to acquire along the way I'm sitting pretty and looking forward to the next leg up. All we've done here is to follow the nugget trail to that point in the shore where the flow enters. We've hit pay dirt but are nowhere near the mother lode. Mark has only scratched the surface. Rest assured the miners he recently hired (2 business development specialists) have been hard at work. Their efforts won't be fully revealed until the 10K. I can wait. I know what I own based on the assay reports. Long & Strong SFOR!
SFOR IP DEFENDER REAL COMPANY WITH RIGHT PRODUCTS AT THE RIGHT TIME!
Moneybags, Singapore Telecom which owns Trustwave has lots of moneybags that their dragon sleeps atop guarding. Recently a buzzing fly, SFOR, has disturbed its slumber by daring to sue for IP infringment it's US subsidiary Trustwave. This has upset the dragon. The dragon is keeping a wary eye on both court proceedings on the 11th and the pps. At these depressed prices the dragon could be tempted to greenmail SFOR. A billion dollar offer would be chump change for the dragon. It is sitting on $62 billion. SFOR product could augment its mobile banking security package rolled out last month on Cyber Security day. Don't you think the dragon is considering this? Dragons are such wise creatures you know!
SFOR isn't a patent troll by your definition. It stated that to qualify the company does not come up with any "new products or ideas". I guess you didn't notice the release of Mobile Trust version 3 this summer. Rest assured Ram and his assistant Leo are not resting on their laurels and continues their hard work in IT for SFOR. I also surmise you didn't notice our product roll out both on-line and in brick & mortar stores. Please read ZPauls AM note quoting our CEO Mark Kay in regards to sales. By your definition a patent troll is solely "in the business of litigation". Legal defense of SFOR IP is but one part of the 4 Point company growth plan articulated by our CEO and now being executed. Do you prefer we abandon defending our IP and let infringers kill product sales?
"Real companies have gradual, steady, revenue increases" (Checkout ZPaul's early AM post about what Mark Kay said regarding this)
Eagerly awaiting the Q and then the 10K. Long & Strong SFOR!
Nah, this is just some gorilla size MMs shaking the SFOR tree a last few times. The weak grip monkeys will be shaken out of the tree before it bears fruit this month. But we longs have grips like the Barbary apes on Gibralter! Long & Strong SFOR!
If you throw in the towel before the results of the SH meeting you may turn your paper loss into a real one and regret it IMHO.
If SFOR is purely a catalyst play as you say wouldn't it be prudent to maintain a core position? If you don't and any of the 8 major catalysts ZPaul outlines in his sticky post # 85615 takes place you'll be chasing the pps as it heads North. In fact why not but low, down here and sell much higher when those 8 occur?
Warren Buffet encourages people to take advantage of that fear and add to your position. In August I took a modest profit of $400. Last week I followed his advice, reinvested that amount and purchased more shares than I sold.
I know what I own and couldn't resist the "blue light special". It astounds me that weak hands are still giving up their shares in November, the month that will be SFOR's month. Some people either have no patience or haven't bother to do their DD. Just read ZPaul's factual first post of the day if you need a morale booster.
If I had more powder I'd be taking the advice I got from a Motley Fool tape years ago to continue to buy a good stock on its (temporary) way down. Long & Strong SFOR!
Great summation of the current situation! Newbies should definitely read and longs review. Accurate posts like this counter the misinformation that must be posted alongside it due to freedom of press as guaranteed by the US Constitution.
According to "Nightly Business Report" last week if Clinton wins Wall Street would relax and consider the next four years business as usual. However, the commentator said if Trump wins the market will slump because of uncertainty. This was evidenced with the little swoon last week when Trump was gaining in some polls. I tend to think SFOR would to a degree follow the overall market but since tech is a bright sector bounce back quickly. In fact strongly if there is news of deals & licensing IMHO.
It's the final countdown! T minus 3 and counting until the 3 defendants: Duo, Centrify and Trustwave have to belly up to the judicial bar for a mandatory appearance before the judge. The big question is will he/she approve the request for joint discovery?
We should know by the end of this week. Good luck to Mr. Wolf our lead attorney and the rest of our legal team at Blank Rome!
Sorry but "The trend is your only friend". How do you determine that without charts & technical indicators?
Sorry for the misrouting.
Timing is important of course. However, I'm reminded of that old Wall Street cliché that "Bulls make money, Bears make money but Pigs get slaughtered!" Our time in the sun may be a fleeting target of opportunity to be eclipsed by something else in the realm of cyber security. I'd be happy with a billion dollar buyout in the near future because none of us truly knows what tomorrow brings.
Respectfully, I disagree based upon our CEO Mark Kay's posted interview where he stated his goal of a buyout "in a couple years".
Check the date of that interview. If Singapore Telecom dangled a billion dollars in front of the man he would be sorely tempted to take it. That figures to 43 cents a share, close to your 50 cent a share minimum acceptable price. Mark has been fighting on the company's & shareholders behalf a long time. I couldn't blame the man if SFOR was sold for a cool billion. In fact I would be euphoric!
I hope you're right. He is a tremendous asset to the SFOR message board because of his professional knowledge. He will cut through the fog of legalese and tell it like it is.
It's a double headed quarter. Let's say the judge signs off on the request for joint discovery for all three defendants 11/9. That will certainly expedite things legally. O.K. let's say he says no dice! Each defendant must undergo it's own separate discovery period. I see that as still in our favor. Now our legal team will focus on them individually in detail, not as a group. The only downside is that this will take more time. But working on contingency will motivate Blank Rome to pursue each defendant relentlessly. What's wrong with this picture?
So you're implying that more than likely Duo, Centrify and Trustwave will cave in & settle sometime during the discovery period when the SFOR legal team gets the goods on 'em and determines just how far they each reached into our cookie jar?
I think your spot on in your analysis. The SFOR legal team at Blank Rome has offered the sheep (Duo, Centrify and Trustwave) a choice. Be sheared via reasonable settlements of some wool or skinned for your fleece later with treble damages. The choice is theirs.
That's right! Singapore Telecom assets of $62 billion could easily withstand a billion dollar buyout price for SFOR. In my minds eye I see the Singapore dragon letting go of a bag stuffed with a billion dollars over Edison NJ. Then it flies home clutching the Mobile Trust international patent in its talons.
Not a bad deal IMHO!
True. However, Duo, Trustwave and Centrify could still elect to settle with SFOR at the 11/9 mandatory appearance before the judge to avoid discovery as Microsoft did. I'm just saying it's possible, not probable.
Great! That squashes the R/S rumor once and for all in my mind. Thanks again.
Thanks for being here and monitoring our conversations regarding business law. Your expertise and input is most appreciated!
Yeah, I was thinking the same as you but I am not a practitioner of business law so I don't know for sure. There was a lawyer who has Esq on his poster name. I hope he/she is still here & can give us some professional insight. We laymen are doing our best but may be wrong on our reading of the law about SFOR's litigation.
Yeah, I forgot about that possibility. My bad.
I'm not going to try to snow you. In a word no. I was good at summarizing combat intelligence & briefing it. Legalese is out
of my realm of expertise. From my laymen's read of it though I believe it portends good things for SFOR's ongoing litigation.
Any lawyers out there? Please feel free to chime in. Thanks!
Right on target as usual. Those preferred shareholders aren't dummies. They converted to common so that they are able to take full advantage of a run up of the pps of the common. Smart move!
Based on the excellent DD presented here and my own research on SFOR please place me firmly in the believers camp. Thank you.
SFOR Long & Strong!
The following US Court site posting is going to complicate our thinking on this matter but clarity is vital on the issue so here goes http://www.ded.uscourts.gov/sites/default/files/opinions/mpt/2015/may/13-490.pdf
You're right when you wrote "SFOR is just beginning to scratch the surface of a very lucrative technology sector (cyber-security)." The OTC is like the Klondike gold rush. The majority of the gold rush miners came back home poor men. The few that were fortunate enough to strike an alluvial deposit became millionaires. Their fellow miner on the adjacent claim came up with a dry hole for all their efforts. SFOR's IP is the alluvial deposit. The longer you hold, the deeper you dig. It is only a matter of time before we strike the paydirt of major contracts, licensing deals and yes, settlements. I've sluiced for gold. It is long, hard, dirty work but worth it when clean up comes at the end of the trip. If you don't have the time or inclination to put in the work as an investor with patient capital go elsewhere. I can wait knowing the potential of the initial SFOR bore hole assay result are so good. GLTA to all longs!
Don't confuse people with the whole truth!
Preferreds that convert = smart investors positioning themselves to take advantage of a dramatic rise in the pps of the common.
That is in the past. Your information is mo longer current. His statement that an RS is not needed since we have sufficient funding is.
Ya got the decimal point and zeros on the wrong side for the future without any RS as Mark Kay promised.
Spot on analysis!
Thanks for sharing that info. I will now revise my estimate upwards.
Respectfully, I disagree. Our period of service overlaps so you must of been there when the S. Korean President declared a "National Day Of Shame" when the World Bank bailed them out.
The ROK military officers I served alongside with in the late 90s
had a high sense of honor. They are now senior officers or senior civilian executives in Korean companies.
IMHO they deserve 80%! Ram's smarts and hard long work created the IP. Management bellied up to the bar with millions of dollars to keep SFOR afloat. During our darkest hours in court it was the guts and money of Mark Kay that kept us viable until a victorious settlement with Phone Factor and license agreement with Goliath, AKA Microsoft. Our little David (SFOR) brought him down. Now, in your book, I'm supposed to grouse & gripe about shareholders only having a 20% vote. No way! I am ever grateful to that small band of warriors (first 7 now 9) that did not take the company private and allowed me to purchase what I believe will be a life changing stock position. Long, Strong and Grateful for SFOR!
You're right. Saving face is a concept of honor the senior management of Singapore Telecom live by. I know this concept because I was stationed for 3 tours of duty in Asia. Another thing. The Brits established this company 130 years ago. Singapore Telecom's senior management members were schooled in the UK. This is not the PRC in regards to patent infringment problems. These people know & respect Western business law and patents totally!