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That is insane! VASCO is screwed, that alone is going to be impossible for them to defend. TREBLE damages for sure!
This is a disaster. From .0041 to .0005. So many people holding bags on this PnD with major dilution. And yet, there are people here blindly defending this dilution machine. Stop falling in love with penny stocks and accept the fact that you ended up on the wrong side of the PnD.
tell that to the people that bought OW*P last september.
it is premarket. it does not matter.
So here is my question, once NSAV gets current prior to June 1st, what is the next thing you are going to complain and say he won't achieve next?
The 8-Ks are just papers to make it official. The Info on these (10% div, 4bil red A/S) we all new already and that is what made this stock go from no bid to .0012 (1200% increase). Only idiots (flippers) would thing much would change with 8-Ks. The point here is that the CEO is moving this company forward and the PPS will continue to move up as he gets things done.
This stock was no bid/.0001 until march 1st of this year. Since then, with JT as CEO of this company, he has increased the PPS by 1200% (in 2 months) and people are still complaining about the CEO. GTFO!
cmon guys, if you cannot see, this was clearly a classic PnD with dilution added to it. Sorry many are holding bags now, but just look at the the pps movement. You want to believe, fine. But everything here shows clasic PnD period.
The way he has been delivering on his promises, it wont mater, the flippers will be left behind. 8K on div (check), New Website (check), next is another 8K for the share reduction (coming), 8K on acquisitions (coming), getting Current with SEC (coming) then we will see a profitable company, and these prices will be history. Oh and when current, watch out for buybacks and CEO purchase of common stock. This has incredible potential!
Interesting read about HSN:
http://www.blackenterprise.com/small-business/tips-selling-tv-shopping-networks-qvc/
"There’s no cost to be featured on-air, but TV shopping networks are different from other retailers in that they acquire goods on consignment; they do not purchase them wholesale. The cost of Perfect Pocket to QVC was $10; the shopping network sold it at $19.72 each. Inventive entrepreneurs like Ascolese get paid only after QVC sells their products."
I received my shipment from HSN. All it was was a brochure with the ID number and instructions to download. Fantastic way to sell it. So cheap for SFOR. It did come in an HSN box.
2 Large differences between this and SFO*. SFO* was current and the filings showed the settlement money they got from the lawsuit giving them a huge cash flow positive. This company no one has any clue what the finances looks like since early 2015 (which were really bad then)
He said he will as soon as they are current (he has already mention buybacks and himself buying common shares also)
8K div released this morning:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12009117
Can you imagine how high this will go as soon as it becomes current, and now with the first 8-K out there is no reason to not believe the CEO is making true on his promises. Risk/Rewards at this price range is incredibly favorable to investors!
I have been buying it since the .0006s via E-TRADE
Thank you for the .0011s!!!
I think it is pretty simple now, until the 8-Ks drop this will not fly. everyone is waiting on it. That will give us all confirmation the CEO is for real.
I corrected, did not happen in a day but a couple of months.
I wonder if this can have a a few months like OW*P had when it ran from trips to dollars. Man that would be nice!
if we get 8Ks prior to market open, this will fly pass .002
If he drops the 8Ks tonight and tomorrow before opening. .0012, .0013, .0014 close today won't matter as this will explode tomorrow!
not if we get 8Ks
if he drops at least 1 8k prior to power hour, can you immagine??
correct, reality is we are now trading in the .00s where we were trading in the .000s before. When 8K hits, this baby will be trading in the .0s let these people take their small profits, don't matter, we are still flying up!
The moment the first 8k drops this is going to blow up! Get in now or pay a lot more later!
People that bought at .0001 (many people did) selling at .0016 is 1600% profit while watching the trend on this stock switch to bearish. I would sell too.
Well his time is running out, he's got today and tomorrow to keep the legitimacy of his statements, so we should expect to see 8Ks + update on SEC filings or this will most likely go back to nobid/.0001
there is a number here:
https://www.bloomberg.com/profiles/people/2423207-james-a-tilton
What is L2 looking like right now?
Means that the company will be buying shares from the market and taking it off the market, therefore reducing the number of outstanding shares which increase the value of all the shares in the market (so your stock will most likely go up - unless you have your shares for sale and the company happens to buy those - which still good cause you will be getting the price you wanted)
That is my thoughts exactly. People asking Mr. Kay direct questions about money besides the 9mil settlement when they clearly have a NDA with MSFT seems to lack understanding on how deals are done. If Microsoft came to your company and said the following: we will give you 9 mil to settle this and starting a year from settlement we will pay royalties but the royalties will be part of a NDA. Your company has 37k in the bank.... you take it and keep your mouth shut and deny any question of royalties. Specially coming from penny picker shareholders.
They payed the 9mil settlement last year. It could easily be a deal that does not start paying for another year since the settlement (which would mean this year) they could be on a annual payment, who knows.
But today's PR specifically says that the settlement payment was only part of it.
From today's PR by SFOR:
"As part of the settlement, the Company received a payment in January 2016 of a substantial amount.
I don't think it can be any more clear. The fact is that the 9mil+ was only part of the settlement.
https://finance.yahoo.com/news/strikeforce-technologies-reports-state-union-122300507.html
I bought one myself too! I had guardedid on my laptop and my wife's laptop. Now this one I bought on HSN will go on both our iPhones.
Yep it was. I was impressed with the presentation. Simple and tô the point
17k dollars in 15 min. Nice!
Could be that unaudited quarterly report can look at contracts signed and account for the money coming. While an audit anual report wants to look at the actual money received. Based on Mark Kay's answer to the email it seems like it. As he mentioned the 50k they could not add to the report even though he mention they are getting that payment (or got it already but could have come after December 31th)
3 exciting things coming up this weekend into next week:
10-K, HSN and option to uplist to QB!
Exciting week ahead. Go SFOR!
Any meaningful subscription renewable numbers wont be available until the end of this year (1 year subscriptions). Stop and think for a second, 1 year ago the company had hardly penetrated any retail market. It was not until towards of end of last year that it really started to blossom. So to me it is irrelevant what numbers of renewals are up to this point as the sales of up to a year ago is a small blimp in the number of sales done since the end of the year. So stop trying to act like a concerned investor (even know we know your are a SFOR basher) and be more rational to the events happening if you are going to ask any questions.
As a long myself I don't need to ask question you believe we should. I started investing in SFOR early last year (after the MSFT settlement) since then I have seen a product go from selling nowhere to Amazon + 4 huge retail stores and now HSN. I have seen the CEO take the settlement money and PAY OFF ALL TOXIC DEBT. I have seen the company's patents be used on presentations for ACS related to big enterprise/government opportunities. I have seen 7 new litigation cases being opened by 2 of the top patent firms around. I have seen revenues grow quarter after quarter. All of that within 1 year and a few months of being invested. Oh btw I also have seen my invested money grow 350% as of now. So NO THANK YOU, I do not need your "advise" on what I need to ask the company, because if I had follow any of your "advise" in the last year, I would have lost big time on making huge gains here. So keep your "advise" to yourself.