Zerify Inc (ZRFY)

[Helter Skelter]

That's a 10Q, isn't it? It sure doesn't look good. Appears they've blown through the majority of the award and they have massive dilution shares being converted into...by the smell of it...and looks of it.

Total current liabilities to total current assets (or even total assets) is a bloody nightmare.

Unfortunately, they have too much debt and are at the mercy of the toxic converters. Otherwise, I would suggest using some of their cash to take out those deadly convertibles...(have they done this at all since the Q?)...thanks...

Look at this > $1,521,487 in convertibles.

If they convert (haven't had time to look) @ 30% off (discount) to lowest price, etc...

30% (OOO24) off OOO8 (today's low) = OOO56.

$1,521,487 / OOO56 = 2,716,941,071 shares.

2.72 billion more shares.

Brutal. Down here.