Friday, December 30, 2016 8:53:40 AM
Mark Kay: A Great Question Martin. Since we were awarded monies through our Phone Factor lawsuit two years back, we then paid off all of our convertible notes we borrowed and started to deal with our friendly notes we owed people. We went from $14million to about $7.5 million owed and stopped borrowing monies and owing any collateral deals. Our stock outstanding hasn’t increased except for a few million where we had some preferred shares convert to common shares and definitely have no plans to do a reverse stock split for these same reasons. This allowed us to concentrate on revenues, which started to increase. Plus we did a deal with Cyber Safety, where they purchased a $9million option to buy our GuardedID patent and our GuardedID and Mobiletrust products, for which StrikeForce has a perpetual right to sell (see 8k in 2015). Also StrikeForce developed a retail arm for selling GuardedID and MobileTrust through the stores, that is growing in numbers with a TV store in January starting to show our products in 2017. We also built up online sales of our product, for which we achieved a Best Sellling product in Amazon.com. With all of these efforts and with Cyber Safety selling to many enterprises coming up, we see a continued growth in sales for our channel and StrikeForce through its perecentages we receive.
Mark Kay: Our key drivers are #1 financials. Our financials have grown and should continue. We hope for a jump in financials throughout 2017 based on our revenue plans. Also since we don’t owe any monies to survive, we expect our stock price to grow, especially once our revenues grow to larger numbers through the many large deals we expect to close in 2017. Also this year we expect our lawsuits to continue and potentially grow, and now that we were awarded one lawsuit (PhoneFactor/Microsfot), we expect others to follow.
http://www.securitystockwatch.com/Interviews/in_Boardroom_StrikeForce.html
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