Zerify Inc (ZRFY)

[Moeclay]

Roughly, yes.

$30 per unit minus Cyber Safety's payment to its network leaves around $20 (this is 33.3%, it may be 50% to its network but to be favorable let's use 33.3%). So with $20 left over, SFOR gets 15% of that which is $3.

Let's just use 50,000 units sold per month to cover operations as an example.

$3 x 50,000 = $150,000

3 executive salaries at $150,000 per year and 2 additional employees salaries at 105,000 per year equals $660,000 divided by 12 equals $55,000 in monthly salaries.

$150,000 - $55,000 leaves $95,000 to cover "Professional fees", "Selling, general and administrative expenses", and "Research and development", which according to the Financials, $95,000 is not nearly enough. So they'll need to sell at least 100,000 units per month.

On another note, from the 10Q, SFOR only has 3 customers making up 86% of its revenue ($83,000) and 2 customers making up 76% of accounts receivable ($49,000). To be frank, no one likes them.

"For the interim period ended March 31, 2016, sales to three customers comprised 44%, 30% and 12% of revenues, respectively. For the interim period ended March 31, 2015, sales to two customers comprised 64% and 23% of revenues, respectively. At March 31, 2016, two customers comprised 51%, and 25% of accounts receivable, respectively. At December 31, 2015, two customers comprised 67% and 17% of accounts receivable, respectively."