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To those of you who think the bottom is in, you will get a nice surprise in a couple minutes. I predicted this settling in at .0015 but now that they have approved massive dilution we will drop to the .0004-.0006 range again.
A whole new group of buyers are now badly underwater. For you long time holders, if you didn't take the opportunity to dump some shares you have only yourselves to blame.
The patents are great as long as you survive long enough to realize their value.
I don't know of any upcoming events that will propel this stock higher in the immediate future. That is not good when revenue is dropping. Those new shares will be printed and issued!!
HokieHead, are you the one who has been deleting my posts?
How you pump monkeys doing this morning? All your theories seem to be on the fritz this morning. Go figure. Could this have been a pump and dump? No way.
I am a long time holder and wish the stock well and I thank all you lemmings for letting me dump some shares that I may buy right back today at the original price of .0006-.0008.
That's how these things work in the real world kids. You listen to your wire services and pennystock websites and you lose, but you tell everyone you always win. That's how it works, right?
Well, see you all again on the next PR so I can dump a few more shares. You guys are the best! I'll be here waiting for your return. Now, run along.
PS: I thank the moderators for reducing me to 1 post a day because they don't want to hear anything that goes against their position. I call a couple idiots on the carpet for their comments and get shut down. You people are spineless.
....what goes up must come down...spinning wheel gotta go round....
lot's of underwater pump monkeys now to support this level. All their cackling really dies down once the master puts the beat down on them. I guess they're all waiting for their "wire" service to tell them what to do next.
OT- I don't agree with Hiphop that you are an insider. I just think your color blind for this company. It's never good to fall in love with a stock, especially a pinky.
Unlike Hiphop, I do feel there is value in this patent. There aren't many companies, if any other than SFOR, doing key press level encryption, and now that we are the owner of the technology, any who want to play will have to pay up. Unfortunately, SFOR has not shown the ability to leverage their technology into bigger and better things. That is why I am not holding all my shares long term. Head fake rallies like these are a perfect time to make some cash on the backs of the penny groupies who think they know what they are talking about.
With the number of shares traded over .0002, we should be able to hold in the .0015 - .0002 range unless management deems it necessary to liquidate some more shares at which point we will be right back to .0006 for a reload.
Shares may rise on these PR pieces but they always return to equilibrium based on the fundamentals. That's why you need to make some cash when you can.
They're seeing the bids going down and are confused because their service told them to expect pennies today. This was no more than a flippers rally. If stocks really do have price memory, as one of the pump monkeys stated, then recent memory would see us back at .0006. Sure the patents are valuable, but until they can monetize them the fundamentals of this company still suck. That's what's going to keep a lid on any new rallies. Not to mention the additional 2B authorized shares that are sure to hit the open market. I think we will stabilize around .0015
That's a good place to reload after letting the pumpsters fill my pockets.
Scotty- I hate to believe you're the voice of reason!! I enjoyed dumping a few shares on the backs of these lenmmings and will repurchase when it drops back down. No advance will be sustained until management shows they can parley these patents into revenue.
Dude- I love the money you put in my pocket. You just all sound like a bunch of chattering hens.
I've seen a bigger bunch of 1-day know-it-alls. They do ten minutes of DD and think they know everything about the company and sector. They think they can read a chart on a penny stock and have any clue on direction. Too funny.
A patent is a good first step but the companies issues didn't just disappear when these "I never lose money" idiots come on board.
If they didn't have a service telling them what to buy they wouldn't know how to get out of bed in the morning.
Keep pushing it up though. I appreciate you letting me dump some shares that I can buy back when it returns to ground zero.
Cuzz- you get the prize for most intelligent post of the day! That's a good question. If their new vendor is using encrypted keystrokes they could go after Whitesky for infringing. That would be great payback.
Dounome - yes. I'm quite happy. Was able to triple up on the back of the pump monkeys. Will buy back after the excitement wears off. I'm still holding a boatload for bigger and better days.
Did you trade out any shares today?
When you hear horseship like this you know you are dealing with a bunch of first time pump monkeys operating without a clue.
I am happy to have tripled up on my trading shares. now waiting to buy back tomorrow when it returns to reality.
Please fill us all in on the string of successes you are talking about. There's a reason it was .0004 yesterday.
Shin- I think you are taking my comments wrong. I have been in and out of this stock for SIX YEARS. I love the technology but want to see RESULTS. All we hear is a lot of rhetoric with no follow thru. I just don't like that management is taking the opportunity to dilute the stock after the release of good news. Let the stockholders have their day for once.
I've noticed it over the last few days but today is BRUTAL. Every few minutes I have to restart.
Off subject - is anyone else having issues using IE 10 on this site? I am constantly being knocked off for "problem with this website".
OT- you can't have your head so buried in the sand, can you? There is EVERY CHANCE that the stock will languish while 100M share blocks are dumped. We're actually lucky it's still at .0006 today with the number of shares already traded. It's getting ridiculous. We were told this shares were ONLY authorized to secure credit lines. That's obviously not true.
This stock WILL NOT move up appreciably until they put these assets to work creating revenue. If they think they can be patent trolls for a living we are all in trouble.
There is very little chance of a rally with SFOR taking every opportunity to dump more and more freshly minted shares on the market. I expect this to continue so the only people to benefit from any good news is management. It really pisses me off. I get a feeling all of this news is being orchestrated to best support the price while these shares are dumped.
In any event, having this patent could lead to some nice deals in the future resulting in actual revenue. This stock is going NOWHERE without revenue.
My main concern at this time is that Kay and Company pump as much dough out of the issued shares then take the company into BK and keep the patents for themselves. Time will tell.
The only thing that really rubs me about the PR is the "over 6 million download" comment. Where's the fricking revenue for those 6 million downloads?? Let's all just admit that GuardedID is a failure and move on. The encryption technology is the key.
They actually delivered as promised!
This is a huge "get". Contrary to what some people say (you know who you are Hiphop :) ) this is a KEY piece of the puzzle. This is the piece that is going to make the MobileTrust product valuable if they can market it correctly.
I am betting they will be able to license this technology to some of the big boys. I will have to go and read the patent to see if the patent is specifically for encryption of keystrokes AS THEY ARE TYPED, as that could be VERY valuable to anyone doing commerce on a smart device.
Star/OT- I have sent in a couple emails and have heard NOTHING. When you ask pointed questions all you hear is crickets. Not real comforting. We're not talking hundreds of emails. If they have enough time to invite anybody off the street to drop in then thy can tell me how much revenue they expect out of the supposed new contracts.
Hiphop- In my opinion GuardedID as a product is dead. Consumers are moving away from PC's to smart devices. The technology in GuardedID is alive and well in the MobileTrust product. This could be the lifesaver for this company. That is the technology that they were talking about when they said a large US cellular network was looking at their technology for use in their products.
OOB is strictly geared towards businesses. I didn't get the impression that they are not pushing that product. I think, in the US, the majority of business will come from OOB.
We need that keystroke encryption patent to survive these harrowing times. Why the operating system makers didn't include that in their products is beyond me.
The 3B shares has been known for awhile. I would hope they would get things rolling to avoid issuing those shares. Kay previously stated they needed "X" amount of shares authorized in order to borrow from the bank to assure the lender they would be paid back.
OT- any company that counts on patent infringement to pay the bills is not a real company. Now, licensing their technology is a whole different story. That is what I presume they are doing with the cellphone company Kay was talking about using the MobileTrust product. I am betting that is Verizon, which would be a big get if they can close the deal.
Hello - anybody home??
Hiphop- Wow, you really have an issue with the keyloggers. How do you think some of this malware gets the information they need to steal identities? The article didn't specifically say "keylogger" but much of the malware that people get installs keyloggers without their knowledge. Keyloggers ARE a big problem but since most consumers can't see them or even know about them they don't take precautions to prevent them from stealing their information.
I don't want to sound insulting, but, when you say just because the "big boys" aren't doing something it mustn't be important is a pretty ignorant statement. That's how many little guys turn into big guys by exploiting niches that they missed. I agree SFOR doesn't need GID to be big but the encryption technology could be VERY valuable in the smart device arena where all of the data you store is unencrypted and available to apps to steal.
Contrary to what some people say, many of these attacks are done in conjunction with keyloggers. That makes the GID technology valuable on smart devices. It's a little scary that hackers have already found a way to get around one-time tokens. The key is encrypting keystrokes so the information sent to the browser cannot be recorded and used. If people log onto false websites or download apps from untrustworthy sites then no amount of protection is going to work. If you invite the thief in thru the front door then you deserve to be robbed.
This article points out how fast the hacker community gets around the latest and greatest solutions. That's really why SFOR needs to get their product to market or face the chance of being irrelevant.
I am not sure the GID solution will ever amount to anything but I am more and more coming to the realization that the encryption part of it is key, especially on smart devices. That may have a huge amount of value to cell phone makers.
One question I have in regards to this article and the fact that hackers are stealing the one-time passwords in real time is is it really OOB if you are accessing a website on your smart device AND you are getting the one-time password sent to that same device via a text? That defeats the whole purpose. I would think they would need to be two totally separate devices to assure you of being protected.
Talk about a timely article!
http://finance.yahoo.com/blogs/the-exchange/hackers-cracking-online-bank-security-measures-112457686.html
Bull-It is interesting that they had the whole crew onboard this time. Like I said, between emails, phone calls and this website, I think they got an earful from the stockholders. I do believe they want to succeed but it sounds a little desperate when you are telling stockholders to show up at your office and give you guidance and sales leads. They have a small chance to succeed with MobileTrust if the product is solid and they promote it well. I think a large portion of mobile users know that the information they store on their mobile devices are exposed so there should be a ready market if people hear about the product and it is priced reasonably. I would rather have 5M users at $5 a head then 500K at $30. They can leverage the install base for future upgrades.
He stated that revised down estimates included potential litigation revenue, which I imagine would be from Whitesky. That's being very optimistic. I would count on that fight dragging out for a longer period of time. I am going on record as stating revenue will be around $500K which is very disappointing. I think they will be hard pressed to hit that in all reality.
I don't think you can write off this company but now they are telling us that Europe/Canada/Russia are where they are looking for business with GID. If you can't even sell to your native country, one of the biggest in the world, I don't hold out much hope that they will amount to much.
With the demise of desktop computers, they are now VERY dependent on the success of MobileTrust. The fact that they won't even have a beta until almost a year after announcing the product is discouraging. They better hit it out of the ballpark for all of our sakes. They need to get a free copy in the hands of every technology guru, celebrity and influential person in the media. If it works well, we'll all hear about it and it will catch on. The beauty of having it in the app stores is we get all of the revenue, no middleman required.
Time will tell. I'm giving them 6-9 months to show some progress.
I think SFOR monitors this website.
They addressed most of the points that have been brought up here since the revenue bomb dropped. At least they revised down the revenue projections for 2013. Did anyone notice that the revised estimates included litigation revenue? That tells me we will be coming in towards the bottom of the guidance since they said the current quarter currently matches the first six months which means we are at about $300K for 9 months.
Nothing really earth shattering good or bad. The fact that they think the MobileTrust beta will be out in a couple months and think the retail version will be available by the end of the year shows they don't have a firm grip on reality. The positive news is a major US carrier is already looking into incorporating part of the technology. That could be a big win but I'm sure there will be a good 6 month shakedown period after launch.
More promises. We'll have to wait and see if they deliver.
I am not experiencing any issues with the site.
I do not think the GID patent will make any difference at this point since nobody is using the technology.
Dounome- I thick they said 6M DOWNLOADS not sales. That's a whole different animal since you can try it before you buy it. The fact that few are signing up for a paid version is troubling. I have purchased it for my mother and continue to renew. The issue I have with it is that it doesn't remind her when her subscription runs out, it just stops working and I notice it when I come over to do some maintenance on her computer.
As far as a lawsuit, you're spending good money after bad. You have ZERO chance of recovering any money.
Bull- I completely agree with your sentiment. I will hang in as a stockholder, what's the point of selling at this juncture? But, I will not be averaging down or buying any more trading shares. This is now a "show me the money" stock.
I'll be listening while eating my lunch. I hope what I hear doesn't cause me to lose my lunch!!
To the IDIOTS from the last conference call:
MUTE YOUR PHONE so the rest of us can hear the conference call!!!
Who would know more about the state of the finances then the CEO? How could he state they were "on target" to meet their revenue goals knowing all that we now know? That along with the fact that they were letting Whitesky get away with not submitting reports of sales leads me to believe nobody has their eye on the till. This is a bit troubling. Nothing is more important then monitoring cash flow, unless of coarse, you have a limitless amount of shares to issue to meet cash needs.
I can't wait to hear what he has to say. I will not have my rose colored glasses on today. I want to hear hard evidence of sales.
OT- The problem is we have been told they are building RECURRING REVENUE. That means we get it year after year. Hopefully in ever greater numbers. So, unless they get all of their payments in the last two quarters of the year, we have taken a massive step backwards. If Kay doesn't give CONCRETE evidence of revenue then this goose is cooked. I want to know there is "X" amount of revenue due to renew in the next six months. The key word being renew. If our existing customers aren't renewing then there is a serious problem with the products. I just can't fathom him stating that they are still on target for $1-3M this year. Show me the money Mark!! Where's it coming from? When's the MobileTrust product hitting the app stores?
OT- You have to be careful about falling in love with a stock. I think this stock needs to show us something before you can average down. They have shown us nothing but promises. Until they show some hard evidence of making progress you need to stay away. If it takes off, you still have plenty of shares at ridiculously low prices, so you won't be to disappointed. A new investor may want to take a flyer at these prices but it better be money they are willing to lose. At this point, BK is just around the corner if they don't have some hot irons in the fire. Tomorrow, they better give details of impending revenue or I will predict we wont be around this time next year.
Star- don't get me wrong, I'm hanging on. It's not worth selling at these levels unless you want to use OT's strategy of getting a tax write off and buying back lower. That strategy holds a lot of risk as obviously there would be a reason it was falling further.
I will wait to hear what they say at the conference call about the future. it will be interesting to see why all the executives are attending for the first time. Hopefully, they are holding back some good news, but I wouldn't count on it. The big question is can you trust these guys to tell the truth?
Do you really think they can unload 2B more shares and the price will hold .006? You're nuts. We'll be in 4 digit land.
Star- Agreed, this is a penny so there is huge built in risk. I have always said you should only invest what you can afford to lose.
That being said, after 10 years you would expect sales to be increasing with all we hear about in the media. There products should definitely meet the markets needs. I'm starting to suspect the problem lies in having a wall street man as your CEO instead of a marketing man. Kay has made dismissive statements in previous conference calls about promotions. Obviously, if no one knows about your products you're not likely to sell many.
They need a reset of their marketing goals. That will cost money and take time. Two things this company really doesn't have with the financial shape they are in. It will be done on the backs of existing stock holders.
The "excitement" comments are beginning to bother me with nothing substantial to back them up. I hope to hear some concrete news at this conference call or will be writing this investment off.
Belinda- he should at least sweet talk us before insertion. Oh, that's right he has. He was "excited" to get our pants off so he could get at our wallets!!
I don't believe the "questions" he said they will be taking tomorrow will be "live" during the WebEx. That is not his style. I think he was referring to emailed questions AFTER the WebEx is over.
It is interesting that all of them will be on the conference call. I assume they know it was a disaster of a quarter and want to show a united front so we'll all come back for another good reaming. There is a very small chance that they might actually have some "hard" facts to divulge, but I really doubt it. The only positive I could take away from the results is the statement that they are adding personnel in support. I hope they really have someone to support, preferably one that actually pays us something.
Get ready for quarterly rounds of dilution to pay the bills. This is dead money for the immediate future (9-12 months).