Zerify Inc (ZRFY)

[Gold49er]

DD Synthek - Congrats, You're Knowledgeable on The Past Cases


Athentify is not the only one that SFOR went after and then dismissed.

In March 2013 SFOR actually filed suit on PhoneFactor, FiServ and First Midwest Bacorp, Inc. Alleging they infringe U.S. Patent No. 7,870,599

Then in June 2013 SFOR amended complaint removing FiServ as a defendant and adding additional allegations with respect to First Midwest.

In July 2014, SFOR filed a second amended complaint adding allegations that PhoneFactor and First Midwest also infringe on Patent 8,484,698.
and 8,713,701.

In Dec. 2014, SFOR and First Midwest filed a Stipulation and Order of Dismissal” by which all claims between those two parties were dismissed with prejudice.

On Nov. 2014, the court held a very indepth Markman hearing regarding contested claim Terms with PhoneFactor.

The Markman hearing appears to have been concluded in Jan 2015.

So when Kay stated that any Lawsuit takes a year to 3 years to get accomplished, he was trying to be straightforward with Shareholders.

As one can see from above the Lawsuit on PhoneFactor was just shy of 3 years.

If anything took the wind out of the sails of the PPS, it was Kay's statement that Nov. 9th Is just one of many Meetings, as aposed to all the Posts floating around the Board.

The fact that we Settled with Phonefactor and whatever the Arrangement with MSFT, plays in SFOR's favor in shortening the timeframe.

But if any or all of the 3 Current Lawsuits with Trustwave, DUO and Centrify don't decide on a Settlement right away, the Lawsuits could take a few years until the conlusion.

And I agree with your statement Synthek, SFOR has gotten Smarter on who to File Lawsuits against.

Hopefully SFOR will come up with 3 7's on this Slot Machine as they pull the handle.


FiServ was one Big Fish that got away, Hook Line and Sinker and Boat !



Fiserv is a global organization with more than 13,000 clients and approximately 22,000 associates worldwide. And has won many Awards by Fortune Magazine.

They have a one division less than 4 miles from my home.

Fiserv:
[quote]"Words like "number one," "top," "best," "most" and "leading" often describe what we do. While we're grateful for the recognition, we're more focused on innovating to help our 13,000 clients worldwide achieve best-in-class results".

Fiserv moves money and information on behalf of thousands of financial institutions and millions of consumers. And we lead the financial services industry in account processing, mobile and online banking, electronic bill payment and more.[/quote]