Monday, November 06, 2017 3:15:00 AM
CS/ACS did a promissory note with $SFOR to buy the Keystroke Encryption (KE) IP for 9M and have until 30 SEP 2020 to pay. They did the promissory note right after the MST/PF settlements 16Q1!
And that 9M is only for the KE IP, not OOB/MFA IP - worth Multi-Billions!
FACT:
https://www.sec.gov/Archives/edgar/data/1285543/000147793216008370/sfor_8k.htm
Effective January 28, 2016, Cyber Safety, finalized the purchase of the option to buy the keystroke encryption patents and Intellectual Property related to the GuardedIDÒ and MobileTrustÒ software pursuant to the terms and conditions of the Asset Purchase Agreement for a purchase price of Nine Million Dollars ($9,000,000), which may be paid in the form of a promissory note due by and no later than September 30, 2020. Pursuant to the terms and conditions of the Asset Purchase Agreement, StrikeForce's license granted to Cyber Safety does not affect or impact existing distributor relationships. StrikeForce, directly and through its distribution channel, will maintain the right to sell in the retail space in perpetuity.
$SFOR STRONG!!!!
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