Zerify Inc (ZRFY)

[Optimistic Trader]

It is not toxic debt, but debt owed to investors that is delinquent. It could become "toxic" if SFOR has to issue shares (which it did on a LARGE scale more than once) because they didn't have money. They have more money now since Microsoft, but they seem to be spending a lot too. Revenues have been weak for years...cash burn is high with SFOR. The debt now could turn toxic if they decide to issue shares at a discount to the debt holders...this comes at a cost to the common share holders. I'm hoping they can avoid toxic debt by doing some good deals that don't ding shareholder value. SFOR appears to be a better company now than last year, but they still have debt, but not toxic debt currently.