Zerify Inc (ZRFY)

[Gold49er]

Robov - These article writers don't have all the known facts.

Such as Mark Kay Stating there is no R/S or we have enough Cash to get us though 2017. They also don't know that SFOR has been paying off its Debt down from around $9M to $4.55
https://www.macroaxis.com/invest/ratio/SFOR--Total-Debt

Chris Sandburg the author of the Article has done a good job of covering StrikeForce in the past. This latest article I wasn't to pleased with, other than it stated the MSFT Settlement at $9M and the NDA on Licensing. Which that Figure is $9.7M and other Highlights below.

As for those not following the intricacies of SFOR might just pass on an Investment in SFOR, with the way that article reads. (LFC)

Those in the know, can pick out the note worthy Highlights. Such as those Highlighted below.

The words Dilution and "Patent Troll" however well intentioned are key words people scaning the article may walk away with.
Ref:
"Sure, this one will get called a patent troll, and sure, there’s risk in taking on companies of this size and hoping for a favorable outcome. Many companies have gone bankrupt trying to do exactly what Strikeforce is doing with its OOBA patents. However, with precedence in place from the Microsoft suit, a large portion of the risk is removed from the equation, and for an investor that is willing to stomach some of the inevitable dilution we’re likely to see as the company pushes to fund its legal proceedings, this one could well be worth a punt."


Notable Highlights


This is one we’ve looked at before, with our most recent coverage mid January. It’s a tech company that has developed a range of cyber security tools, and holds a number of patents that underpin its lead products. Readers wanting to catch up with our take on these products can check out our previous coverage here.


Here are the other articles by Chris Sandburg that are pretty good.
https://www.insiderfinancial.com/?s=StrikeForce+technologies+

"Anyone familiar with the space will know that OOBA is huge right now, and that it’s used in the consumer facing technology of some of tech and finance’s biggest names"

"Strikeforce took Microsoft to court back in 2015 for the computer giant’s infringement on its OOBA patents, three patents with nos. 7,870,599, 8,484,698 & 8,713,701, and early last year announced that the company had picked up a $9 million settlement as well as a licensing fee (undisclosed) for continued use of the patents in question."

Subsequent to that settlement, the company filed three suits against Duo Security, Centrify Corporation and Trustwave Holdings, Inc, all rooted in infringement of the same patents.

"Now, the company has just announced that it has filed patent infringement lawsuits in U.S. District Courts against four other companies – Gemalto, Inc., Vasco Data Security, Entrust Datacard and SecureAuth Corporation".

So that’s seven suits outstanding, all of which target infringement of the same patents – patents for which Strikeforce already has precedence in place (against Microsoft, no less) that confirms infringement and resulted in a lump sum plus royalty payment.

This is what the company is looking for from the just filed suits. A look at the VASCO filing (which basically mirrors the others) reveals that Strikeforce is looking for a lump sum payment of no less than royalty coverage, and a so called ‘compulsory ongoing license fee’ if VASCO (and the other companies) are to continue infringing on the patent.

This all runs separate to the company’s product retail operations, which as we’ve detailed in the past, are underpinned by solid products and are currently the subject of a strong sales push across multiple channels."