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I hope you're right that they are coming up with an initial offer to settle or buyout now. It'll be some interesting to see how things develop. I don't think Mark Kay would sell out on the cheap.
Honestly, how can you write that! This company was in suspended animation as the MSFT patent infringment dragged on. It was on life support thanks to a two million dollar investment of his own money by CEO Mark Kay. Then we started on-line sales and just got on the shelves in Target late last month. Things take time! If you're looking for a fast buck go elsewhere this is not the place IMHO. If not, you've got to wait until late November for the release of 3rd Q results that will include summer sales figures.
Do you think they know about the ongoing patent infringement lawsuit lodged by SFOR or will it a be a most unpleasant surprise for them? How do you think they will react?
I like boring it allows me to add to my position at a depressed pps every payday for awhile! I'm a long term investor. I expect the rubber to meet the road with the release of the 3rd Q in late November with summer sales figures and possible contract announcements. What are your expectations? Thanks for a reply.
You're spot on in your analysis. "Sales are what will drive this forward and move it to a buyout opportunity". However, I must add that a deep pocket defendant such as Singapore Telecom which acquired Trustwave might just buyout or settle with SFOR to avoid a costly court case and potential expensive legal defeat. This settlement scenario played out with Microsoft which had acquired Phonefactor and SFOR's patent infringment lawsuit. IMHO Mr. Wolfe of Blank Rome has a repeatable, winning strategy here. In the end analysis though all will be revealed in late November with the release of summer sales figures and perhaps news of those big contracts you see coming through. I'm a long term investor and can wait until then.
I beg to differ. The settlement from MSFT did a couple very important things to assure future legal victories in the future.
#1 It paid SFOR legal fees owed to Blank Rome in full.
# That victory and payment gave enough confidence to our lead attorney Mr. Wolfe, that Blank Rome filed the next three patent infringment lawsuits on a contingency basis. So you'll forgive me a bit of irrational "exuberance nonsense".
Thanks a lot ZPaul. Now that researcher knows I was not fabricating that information. More that that they now know we have a considerable qualitative advantage over the competition!
Also, our reasonable price insures consumers will consider purchase.
Help! Please anyone who has the link of the message posted here earlier that compared SFOR's keylogger protection software to several others in chart form published in an IT journal. An inquiring mind here asked me for it. Thanks!
If I was close I'd give you the gas money and bridge tolls!
I'll have to dig to try to find it. I hope the original poster is reading this and will resubmit. It was from a IT type of journal.
In chart form six (?) SFOR like software packages were compared and priced. Only SFOR's had all the blocks checked. The closest competitor had approx 3/4 of the blocks checked. I'll try to refer you to that post by COB tomorrow.
However according to the magazine review another poster brought to our attention Guarded ID currently is the best mouse trap out there!
Mobile Trust to be repackaged. I called the company to inquire about Mobile Trust being sold in Target stores along with Guarded ID. I was told that's the plan but Target is requiring Mobile Trust to be repackaged. I guess their marketing department can insist on this since Target is in the cat's seat. It doesn't make sense to me. I agree that the boxes appear very similar. However, I think it's kind of neat that Guarded ID has one half of our company logo, a plumed knight's helmet and Mobile Trust the other!
If they were placed side by side on the shelf you get the entire picture. The boxes also clearly state Guarded ID and Mobile Trust.
Impulse buyers can read IMHO but what do I know about advertising.
I'm just a consumer. What I do know is that this will cost SFOR something for the repackaging and delay our other leading product's placement on store shelves. Oh well, I guess I should just shut up and be glad we're at least on store shelves now after
quite a hiatus. I don't know who picked up the phone & answered my questions (my bad)so call and verify this info for yourselves.
My hope is maybe, just maybe there will be some sort of creative promotion of Mobile Trust by the Target marketing department with this new box. Yeah, I know, hope springs eternal.
I wonder why our request for information has not been met.
Like you I'm glad I'm an SFOR long. To be honest I did not fully know the potential of what I had bought until I chatted with a friend in IT security. At the time he was unaware of SFOR. After examining their products he explained to me that anti-virus software protects against 80% of malware. Also, that zero day key-loggers are the majority of the current threat. Then he said "This meets a need". That's all I needed to hear. I doubled my position shortly after that conversation. I believe we have discovered a diamond in the rough that was almost lost to us. I'm holding on tightly to my shares and adding more each payday.
Good luck to all SFOR longs!
It doesn't have to be over 51%. Only 51%. Activist investors do this sort of thing then exercise their power at stockholder meetings. Greenmail as it is known takes place. However, the preferred shares that another poster brought to our attention makes this a moot point.
I'm in agreement. The facts of the Microsoft case would be obvious to any company legal team. The facts of our balance sheet would also be clear to them. They would see that although our cash flow has started, it is modest at this point. Their PR people would give them figures on product launch and promotion. With that in mind they could offer SFOR a lowball settlement (around the same as MSFT). They would bet, IMHO correctly, management would take it to help speed our product sales cash flow through advertising.
That's a tremendous relief! Thank you for sharing that information!
What is that "MAJOR SHOCKER" ? Inquiring minds want to know. Thanks for your opinion!
Accumulating 51% of the shares at these depressed prices instead of a buyout is something I'm concerned about. It would be far cheaper for a bidder than an outright buyout. Accumulation has already been noted by other posters besides me. With 51% the buyer would be in a position of power over the company. What do you think?
By my charting I see the next level of resistance to be broken is .0015 since we fell from that level. It should then become our next level of support. Do you agree?
You've got a valid point. "Others looking for protection software but don't know anything about it will just grab the prettiest box on the shelf". Would it make sense to incentivize the computer department clerks to help install the software (for a small fee) right on the spot? This tactic might work even better with Mobile Trust since many people carry their devices while shopping. Just a thought.
IMHO it'll be Singapore Telecom. Please refer to message # 59533 by Stargazer 1945. In 2015 Trustwave signed a definitive agreement with them to be acquired. You'll recall Microsoft inherited the SFOR lawsuit when they acquired Phonefactor.
Mr. Wolfe of Blank Rome won that one for SFOR with a handsome settlement. I believe he's using the same strategy with Asia's leading communications group. A company doesn't survive 130 years without addressing threats. To avoid that "huge lawsuit payout"
it makes sense to eliminate the threat by buying them (SFOR) out.
Please refer to message #61700. I acknowledged my error.
Please refer to message # 61616. Shorts may be a problem as you suspect.
Thank you for that correction.
You're right about the past. This company was almost dead. Our CEO Mark Kay kept it on life support with a two million dollar injection OF HIS OWN MONEY! Please review the linked video interview of this yourself to verify this. You're also right about hype not making the PPS run. The market is awaiting sales results, signed contracts and further lawsuit victories. You'll get an inkling on how Mark Kay continues to execute on his 4 point company growth plan with the release of the 2nd Q results in late August. Until then IMHO the stock will continue in it's narrow trading range. I'm taking advantage of this window of opportunity to add to my position cheaply. Buy low, sell high, Go SFOR!
I suggest you call the company directly. They are willing to speak to shareholders or potential shareholders any time. Also, consider reading the excellent notes and highlighted posts for background info. Some posters do some excellent DD with links and share those links freely with the rest of us which is much appreciated!
I agree. IMHO we remain in this channel another month until significant, market moving news hits he wires. I also believe SFOR will have a modest and let me stress the word modest run-up
in anticipation of Q2 earnings release. I believe .0015 is realistic (since we touched that recently) in that time frame. That may become the next level of support. What is your estimate an why? Thanks for a reply.
I agree. In the short term I am grateful for sideways trading. I appreciate that it enables me to acquire shares every payday at a cheap price. As an investor, not a short term trader I have a long term outlook that I believe will be justified with the release of the Q3 sales figures and company growth developments. Our CEO has been executing on his 4 point company growth plan already. I fully expect him to continue to do so as he stated. Let us continue this conversation in late October and see which opinion is right yours or mine.
I see it as only a preview of coming attractions. The Q2 figures will reflect on-line sales. It will also give initial and I stress the word initial in-store sales figures. I'm holding tight until the Q3 figures are released by the 3rd week of October. That's when we will really know how well SFOR products are selling. Of course if there is significant news between now & then it could be a game changer as in a home run IMHO.
So 4 more years of IP protection is not enough time for us longs to make a handsome profit? LOL!
You're right of course. However I believe for operational security reasons a government agency may not want to show its hand until the mandated public disclosure date for their expenses.
I appreciate the price suppression for now! It gives me the opportunity to purchase more cheapies every payday. I will continue to do so as long as it is channeling. I'm a patient man. Like you Wolfie I know what I own and realize its tremendous potential. You're right, it's only a matter of time (late Oct. IMHO). I can wait.
You figured it out exactly! IMHO the game won't end until there is a newsworthy event or significant announcement.
I'm in perfect agreement! IMHO we have hitched our wagon to a rising star, not a roman candle like I saw the evening of the 4th.
Not conspiracy theory but operational security for government or industry. Let's go back to enigma. Admiral Dornitz suspected enigma had been compromised. Consequently he ordered a 5th rotor added to the machine. Wolf pack crypto once again could not be read by allied intelligence. That was until the USN captured a second unit off the U-boat they brought to the surface. (The first you'll recall was captured by the Royal Navy off Iceland). The fifth rotor went to Fletchly Park and in short order German crypto could be deciphered and read again. It doesn't take capturing a U-boat to get SFOR software. However, it does take a potential adversary's time effort and money to find out how to defeat it. Why give them the lead time to do so? Keep your cyber security software close hold until mandatory public release of that information with the new FY?
It all depends on your personal timeframe. SFOR has been great for short term traders flipping on 3 or 4 ticks. I'm in for the long term. By that I mean holding until at least the release of the 3rd quarter results around the third week of October. That's when I expect a healthy balance sheet showing good gains. IMHO the 2nd quarter results will show modest gains since we just got back on store shelves. By late Aug we will see just what they are.
You are spot on with your emphasizing SFOR's leading technology patents (6 by my last count). Because of the involvement of the Federal Government in this they will respect US patent law. SFOR owns the goods! Because of our IP IMHO we will be a key player.
Congress must approve the funding for this. They couldn't even approve Zika defense funding before the 4th of July recess. What makes you think cybersecurity funding will be quickly approved?
Even if it is, no new funds can be released until the start of the new Federal fiscal year on 1 October. I just don't see any Federal funds header SFOR's way until after 1 October. If you or anyone else does please explain why. Thank you!
Happy Independence Day! Enjoy your 4th of July.