Zerify Inc (ZRFY)

[Hi_Lo]

Here it is:

Yesterday's 8K:

"the Company settled certain patent litigation through a Release and License Agreement in which certain patents were licensed to Microsoft Corporation, and the Company received a non-disclosable one time lump sum payment."

The latest 8K still mentions "non-disclosable" Since in the last 10Q they stated:

https://www.otcmarkets.com/edgar/GetFilingPdf...D=12230952

"On March 28, 2013, we initiated patent litigation against an outside party. On January 15, 2016, the parties reached a settlement in the matter. As part of the settlement, we received a payment in January 2016 of $9,750,000 and incurred fees related to the settlement of $4,187,257."

There must be more to the settlement since they state "As part of the settlement" - it is still "non-disclosable" in yesterday's 8K because of the royalty payments mentioned in press reports - or there is more to the settlement which we haven't seen yet?