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Thank you for that thoughtful analysis.
I maintain that they should announce cancellation of the reverse split. ALYI was dormant below .0001 for a very long time, then started trading again for some reason that is not easily found in traditional news sources, and moved from .000001 to .0001 to 2,3,4 and now today .0020 high, closing at .0017. Mr. Kay, Waller, and Pemmaraju should announce cancellation of the RS, a halving of their salaries, and then “put the pedal to the metal” on more effective efforts to enforce their patents.
And that’s the best advice their gonna get.
“And what would the nature of the complaint be to FINRA or the SEC?”
The proposed RS, and the vast increase in AS, added to the arguments made in Mr. Zanfardino’s lawsuit, all point to committing fraud against investors.
$ZRFY
My analysis is, that the ONLY thing that could help the execs of ZERIFY now, is to cancel their plans for the proposed RS. Otherwise, I doubt they will have time for business, because they will spend the rest of their lives dealing with irate shareholders justifiably complaining to FINRA as well as the SEC.
The proposed Reverse Split has language that effectively raises the current Authorized Share count to 1000 BILLION. Please, check my math.
They clearly intend the worst case ratio, because as of the date of the 14C filing (5/2/2024), they state (falsely), that the expected share value will be 40 cents post-RS. That would only be true if shares were trading at .0004, which they are not and have not been for many days.
They state the post-RS AS will be 1 BILLION shares, allowing for effective dilution up to the current equivalent of 1000 Billion or 1 Trillion shares.
They further state that their own, Preferred Shares will not be subject to any reduction in number whatsoever.
Define Crooks.
Define Menaces to Society.
They can do anything they want, but if they can’t get share price back up above .01, investors know better than to put much store in any of their PR’s, which have failed to raise the bottom line thus far.
If they could just do one thing well, instead of being “all over the board”, I think the CEO might regain respect. In the meantime, he’s coming across as a manic dreamer who can’t get any paying contracts.
Good questions.
Looks like some recovery now…. (4/30)
Dilution tracker.
Is that a website or an app?
That can’t be correct; just 2 funds alone reported beneficial ownership of over 15 million shares in February this year.
Why not send this question to Passley?
Read more about what they are doing, and reach out to them where you have questions.
Look at the 3 Year chart of ZRFY right here on this site. The .02 high to now .00025 is 99% loss. That’s what Mark/George/Ram and Ram’s wife have slated for shareholders. They hold the preferred stock, and they don’t appear to Reverse Split those…. (Nice work!)
Yep… I sure do remember that…
You’re right; I’ll try harder next time ;- {
In pondering the etymology of this unusual word construction, I’m leaning toward the ancient Kurdish s^ev (can’t do diacriticals here properly), meaning “apple”. Deca of course, ten. So “Ten Apples”.
Seems auspicious enough, but…
Oh well, what a Refreshing New Age when everyone can go along and make stuff up like “Zerify”, that no one ever heard of before. Innovation indeed…
This is yet another “Bridge Too Far”, for Mark to have claimed the White Label deal was a name everyone would recognize. This Sevetica DID NOT EVEN EXIST JULY 2023!!!
Is anyone willing to confront him about this?
The tortoise in hibernation, blinked one eyelid today…
Good memory!
So the “news” about going after 20 big infringers of their patents, was evidently a dishonest attempt to ‘soften the blow’ of their premeditated Reverse Split.
Vile trio.
April 10 8:48 am news says .14/sh
How much do they pay someone to act as a tout?
When will anything they SAY they are doing be worth .01/share?
Guess not… took a hit on their earnings.
If the EPAZ shareholders will be included…
10X would be nice, indeed.
Maybe turning around now… and past few days…
Thanks for sharing that.
Collaberation
What’s with all the trades for $3 and less?
Yes, thanks.
Truly I wish for their success, but your cheerleading has been constant while this fell from .02 to .0009. So, credibility is on the line….
Are you saying, it is merely Convertible Debt in other words?
Done nothing but plummet for months and months.
I was amazed to hear about “getting rid of 13 billion warrants”, since they never had an AS sufficient to satisfy the conversion of so many shares…
I wonder where they sell the preferred stock: does it have a symbol?
Correction: “White Label”…
Their “interview” yesterday hinted that the “Whitel Label” company is due to launch in a couple weeks.
Big jump pre-market 3/11
Not good.
Now they’re resurrecting the Patent Infringement claims…
Why is this in such a doldrums?