Zerify Inc (ZRFY)

[tthutch]

There was standard debt and convertible debt. Most companies have a credit line of some sort.

That convertible debt is the loan shark, bad stuff. That is what was paid off.

Fiscally, I would want that toxic debt gone at all cost but I can live with interest bearing standard debt if my cash on hand facilitates a rate of return greater than the debt interest with no liability to the company/share structure.

People wanting buy backs right now are in error. No way would you want a company to deplete savings to pay standard debt/buy back shares before a steady revenue stream is built. They are just exposing themselves to the strong possibility of taking on more toxic debt.

SFOR is in a very healthy fiscal situation IMO. Now the products need to start doing the work. Also, there is a 9 million payoff in 2020 that certainly will pay off the standard debt as noted by the CEO.