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No, Singapore Telecom Dragons. I believe the dragon has just filed a flight plan for a certain US courthouse. It intends to be on station overhead in 5 days. The dragon then will circle overhead. It'll keep a watchful eye on the mandatory appearance in front of the judge of it's US subsidiary, Trustwave. In it's talons the dragon appears to be clutching a large bag of money.
Before takeoff flightline personnel reported overhearing the dragon mumbling something about "not gonna pay treble damages".
Dragons are very wise creatures!
People predicting "trips" are being unrealistic at this point! The only way SFOR could open at $1.00 a share would be after the mandatory court appearance. Trustwave, under instruction of it's parent corporation Singapore Telecom would have to disclose a greenmail buyout offer of SFOR for a dollar a share then. Logically, Singapore Telecom would also continue litigation against the other two defendants for treble damages and add the next five to the docket.
Then they could, in time, reasonable expect to receive the full buyout price of a dollar a share for SFOR. Now, granted Asia's largest telecom provider easily has the assets to pay a dollar a share and continue the other legal battles to successful conclusions. They are also business savvy enough to pick SFOR up on the cheap.
However, I don't see them making that buyout offer until there is more clarity from discovery.
In a word Chaos! Wow, I hadn't thought of that. Blank Rome could roll out the heavy guns with that motion. Brilliant!
I'm in perfect agreement with you. The infringers have a choice, pay reasonable settlements or contest, lose and pay treble damages. Having looked at their client base those treble damages would be enormous! It could place the balance sheet weakest of them in bankruptcy proceedings if not all three if the damages levied are heavy enough. In a way that would be cool for SFOR.
When damages are assessed and assets garnered SFOR could own some part of Trustwave, Duo and Centrify. Go for it Blank Rome!
I am not a lawyer so I'm not qualified to even hazard a guess as to what the judge's decision will be on 11/9. It's in his hands entirely now. One thing I know though is that his patience must be wearing thin. Each of the defendants have used their one stall and delay card. The last one was able to delay the appearance before the judge because their lead counsel was not available until then. It is high time Duo, Trustwave and Centrify belly up to the judicial bar! So, I think the judge is going to put and end to their Kabuki theater of stall and delay.
Yeah, Mr. Wolf, our leady attorney at Blank Rome is crazy, like a fox!
T Minus 5 And counting until what our CEO Mark Kay legally had to term just a "meeting". Read mandatory appearance of the defendants in front of a Judge! That this "meeting" is substantive has been underscored by the PACER release. The joint discovery request, if approved by the judge, will expedite things considerably for SFOR's IP protection team at Blank Rome.
Yeah, they know how to read charts & technical indicators. They know it's time to cover their shorts and go long on this one.
They also know the trend is your only friend so they want to be on the right side of this trade next week. Long & Strong SFOR!
I agree and am eagerly looking forward to 11/15 when the Q comes out and the SH meeting on 11/18. Much will be revealed then. Until the news hits the wires I am long & strong SFOR!
As posted 11/3 Mr. Wolf, SFOR's lead attorney at Blank Rome stands ready to give the sheep (Centrify, Duo and Trustwave) a choice. He stands with wool sheers in one hand (settlements) and a skinning knife in the other to extract the fleeces of treble damages in the other. If the sheep want to struggle legally in vain it is their choice and more money for SFOR in the long run.
Either way, Mr. Wolf has the sheep by the throat for patent infringment. Tear 'em up Mr. Wolf!
Yep! I believe we have finally turned the corner. T minus 5 and counting to what should prove to be an interesting meeting with our legal team and theirs in front of the judge. GLTA fellow longs!
It's better than I thought! With a joint discovery plan all three of the defendant companies assets and liabilities will be put under the microscope. It won't be a cheap settlement from each since ALL infringements, for ALL their customers, against SFOR IP will be assessed for damages. When they have to pay for all that it'll be a jackpot in excess of the $9.75 million Microsoft's subsidiary Phone Factor had to cough up.
When Lt/Gen Ben Hodges openly complained that he believed his "Blackberry is being monitored" and that " E-mails are insecure" during the June NATO FX Anaconda in Poland I believe he knew it to be true. He probably thought a certain retired KGB Colonel, now sitting in the Kremlin, got a daily take summary from his Blackberry and the insecure mobile devices of his troops. The next time Putin asks for that info I want his senior GRU (Russian Military Intelligence) officer to give him a resounding "NYET! The Americans have secured their mobile devices with SFOR's Mobile Trust". So, I sent General Hodges a copy to his HQ in Wiesbaden Germany via Amazon Prime a couple months ago. Yes, I knew the proper address since I served in EUCOM. What I want to know is what does REKT mean? Is that some sort of GRU code or what?
Thanks for a reply.
I want America's best,our military members, to have the best, multi-layered defense & anti-screen capture capabilities. I want them to have SFOR's military grade keystroke encryption, out of band authentication and 2 factor authentication
on their mobile devices. Peggy it has become readily apparent to me you do not! As a retired military member I consider myself a patriotic American. From the Russian accent I have heard on your commercial Peggy I believe what you are doing on this board is based in a sense of patriotism for your Motherland. I respect that. You realize the intelligence bonanza our military members unprotected mobile devices are giving your country's GRU (Russian military intelligence). Consequently, you are doing all you can to maintain that flow of information through our currently poor COMSEC. I want you to know I am doing all I can to prevent that.
I have communicated with the POTUS, JCS and my members of Congress. I have received encouraging replies back which I have forwarded to Mark Kay which he has followed up on. I want you to know I consider you an honorable enemy but will show no quarter on this issue. Sincerely, 4sleddogs Major USAF Retired
I'm confused, you stated "NTP's sole business was trolling patents.
It was its' sole source of revenue. Interestingly similar to this situation". How so? SFOR product is being sold on-line and in stores consequently our lawsuits are not our only source of income. They are only one of CEO Mark Kay's four point company growth plan that he is executing on.
On 11/9 Blank Rome's Mr. Wolf meets 3 meek sheep Duo, Centrify and Trustwave, in front of the judge. They will see him holding shears in one hand and a skinning knife in the other. They have a choice. They can be sheared with a generous settlement or vainly resist and be slaughtered by treble damages. They know Microsoft caved in and settled before it went to trial. Do you think they are delusional enough to believe their legal teams can prevail when Microsoft's decided to settle? I don't!
The curtain rises this month! Go SFOR!
MODs please sticky this fantastic post of shibainu12345
You're right of course. I was just falling back into finance officer mode when I cut contracts & my office generated reports.
I agree and will be gratefully adding more cheapie rocket fuel tomorrow AM in preparation for ignition following the 11/9 meeting of all three defendants with the judge & our attorney.
You're right about cutoff dates for financial information. Licensing deals only effective during that 90 day period could be reported pending ones could not.
You said it "amazing patents and products". IMHO SFOR's IP and products are worth a cool billion dollars. You're entitled to your opinion as I am mine. Let's see whose right by the time the 10K is published after the EOY.
I'm in perfect agreement with you. Also, when the 10K is issued, which includes the final quarter, the evidence will be absolutely overwhelming that current investors were brilliant to hold. Like Jesse Livermore, the 20th century's top stock investor said "I made my most money by doing nothing!" I know what I own in SFOR and am following his advice. I sincerely believe that SFOR will reward us longs if we can just be brave enough to hold in the face of stiff negative opposition. Long & Strong SFOR!
I respect your expertise and experience in the IT industry. I appreciate you clarifying the Intel Corp. issue. However, correct me if I'm wrong, there is an ongoing working relationship with Microsoft, THE giant of IT. Please read ZPaul's sticky note regarding this and shed any further light on it. Thank you!
You stated "a buyout would be expensive for any of these three companies". That is true. However, I believe we have to consider the power behind the Trustwave throne, Singapore Telecom. I state this because, as you are aware, Singapore Telecom acquired Trustwave. Please examine the assets of Singapore Telecom, Asia's largest telecom provider. IMHO a $1 billion buyout price for SFOR would be small change for this venerable 130 year old company!
Microsoft did not "pay up" Phone Factor did to the tune of $9.9 million. Microsoft settled by licensing SFOR IP. Please read the sticky post by ZPaul regarding this for the details.
I think you're foolish not to consider all possibilities even if the probability of a Singapore Telecom acquisition of SFOR may be low.
Singapore Telecom is like a dozing dragon atop a pile of treasure. Strike Force is the buzzing fly that has disturbed its slumber by suing its subsidiary Trustwave. We have awaken the sleeping giant!
I had thought a buyout offer from Singapore Telecom was possible.
I did not come up with the idea the acquisition could be a done deal. The previous poster did. If it happened I think you're thoughts are right in line with that possibility. The treble damages acquired from the 5 new companies being sued for patent infringment would easily cover an acquisition cost of $1 billion (which is what I think is a reasonable offer for SFOR). If you've glanced at Singapore Telecom's assets $1 billion would be small change for them.
I had not thought of that but ya know it's a possibility. Having gone through the 24 slide show they rolled out on Cyber Security Day there are some things that are just too similar to what SFOR offers to be mere coincidence IMHO. I was thinking it was another case of patent infringment but you might be on to something here.
Singapore Telecom could have acquired SFOR!
Also, correct me if I'm wrong, but are not penny stocks considered speculative investments by nature? Madams and Mansours place your bets. I'm betting on SFOR!
Great, well organized synopsis of knowing what we are a part of as shareholders in SFOR. Our future is looking bright!
Thanks for finding the exact quote from DUO. I only had a synopsis of it in my notes.
No, patent infringment causing the inability to sell our products is what landed us at these prices. The judge allowed each defendant one delay. The last one was due to "lead counsel was unavailable until 11/8". If this is just an administrative meeting why send your top gun when a paralegal could do the job?
As far as that iTunes video is concerned. I believe Mark Kay could not divulge any details of this upcoming meeting on 11/8.
When things are being adjudicated the ability of the parties to speak publically as to the particulars of the case are restricted.
Ah, greed and fear, the two emotions that dominate the stock market. Sadly, some people don't know what they own with SFOR and the tremendous potential it has. They'll regret it later IMHO.
Although my crystal ball is a bit cloudy so far I think I see: Facebook, Yahoo, Google, and yes, Singapore Telecom if/when we get an international patent.
Welcome aboard the SFOR roller coaster! Please be advised this thrilling ride will be over 11/9. Until then keep your seat belt fastened and hands in the car. Also, consider adding more rocket fuel on any dips in preparation for your next ride, the SFOR rocket ship. T minus 8 and counting to engine ignition!
Yeah, I agree. Mr. Wolf, our lead attorney at Blank Rome has the three sheep (Trustwave, DUO and Centrify) by the throat. They have a simple choice, be shorn via settlement or slaughtered and fleeced by treble damages. Tear 'em up Mr. Wolf!
Yep, and the next three sheep to be shorn on 11/9 by Mr. Wolf our lead attorney at Blank Rome are: Trustwave, DUO and Centrify. Ya got to pay to play with SFOR's patented IP! Unless of course they are foolish enough to contest it in court. Then they will be slaughtered & fleeced by treble damages.
Thank you for that timely & accurate synopsis of the financing issues.