Zerify Inc (ZRFY)

[Moeclay]

I'll use my last post to reference / repeat my post #26790

"Without knowing what the details of the settlement are, it's all just speculation. What's fact is Blank Rome LLP worked on a contingent bases so they receive 50% of the settlement. So if you speculate that SFOR received $200 mil, Blank Rome took half. If SFOR got $100 mil, Blank Rome took half, etc.

After Blank Rome gets theirs, then comes the bills due, and the note holders, and the biggest note holder to date is: DART Limited (custodian for Citco Global and as assigned from YA Global/Highgate) ("DART")

"At September 30, 2015, the Company's outstanding convertible secured notes payable are secured through the note holder's claim on the Company's intellectual property."

So DART owns SFOR's intellectual property (patents).

"The DART secured convertible debentures are matured. The Company has been in contact with the note holder who has indicated that it has no present intention of exercising its right to convert the debentures into restricted shares of the Company's common stock."

So DART doesn't want to convert, they have something up their sleeves.

Basically, when the dust settles, SFOR will have simply broke even; they'll need another victorious lawsuit in order to get in the green...and lawsuits take time and money which will keep SFOR in the same cycle for years to come.

As for the licensing agreement, those funds may only be enough to keep business running and salaries paid. Again, this is speculation, no one will know anything until a PR is released or when the 1st quarter 10-q is released sometime in May 2016.

(side note - 4th quarter 10-q due in February)"