Zerify Inc (ZRFY)

[Baffic]

From: https://www.sec.gov/Archives/edgar/data/1285543/000147793216008173/sfor_8k.htm

"On January 15, 2016, the litigation was settled and the parties executed a settlement agreement in the form of a Release and License Agreement. The terms and conditions of the Release and License Agreement are confidential except under limited conditions. As a consequence of the Release and License Agreement, the parties have moved to dismiss the action with prejudice, the Company has licensed the patents to Microsoft Corporation, and the Company will receive a non-disclosable one-time lump sum payment. "

"the Company will receive a non-disclosable one-time lump sum payment." - IMO, this would be just to settle the case.

"The terms and conditions of the Release and License Agreement are confidential except under limited conditions." - This should be the ongoing licencing fees for Azure.

Does that sound logical?