Zerify Inc (ZRFY)

[tthutch]

Good Good, thanks for validating what I thought to be correct.

That is why I am assuming the settlement wasn't outlandish. SFOR already had incredible time and limited resources wrapped up in a Phonefactor suit that appeared to be getting nowhere as they hid behind Microsoft.

The reverse splits weighed heavy on the company as an on going concern and a solution needed to be made in the shortest of order. The possibility of 3 more years of litigation, I believe, would ultimately destroyed the company. I suspect they settled for what they needed and for precedent.

As they move forward they are in a MUCH stronger position and are viable.

Again, purely speculation. Nothing would make me happier than to see a line item with 100 million in there but that just doesn't seem logical given the circumstances.