Friday, August 17, 2018 3:09:30 PM
I think they are about patent rights and lost revenue due to infringing
practices.
If you read some of the past history of the company, you can tell that SFT was thrown 'shade' by some of their competitors when competing for sales and contracts. I think they finally said, hey wait, enough of everyone else growing and making profit of technology we developed.
I'm guessing someone or something told them to sue those they felt were stealing their idea.
True about the discovery, but that's what it is for; in the case of Trustwave I think, they said, "hey we weren't infringing, we bought our product from Duo (or Centrify?)" and SFT said, "Ok fair enough" you intentionally didn't infringe we'll drop our charges and you drop any you have. The right thing to do all around. I respect that on both sides.
Now the thing is damages. And why not. Just cause you suck at sales doesn't mean you are not entitled to make money off your invention AND means others shouldn't make money off your invention without paying you.
There is nothing wrong with that ideology and business tactic imo. Dog eat dog world. If they can get past this Centrify debacle (and if you read the suit, it's painfully obvious that the CA judge made a serious blunder) then maybe the others will fall and SFT will get some of the profit of those companies (going back how long??) and also going forward should garnish future sales when others use/sell OOBA/2FA.
Right now it's just about staying afloat (although there IS some BLOAT in their FLOAT!!) til probably next spring.
Good luck all, and some, try an chill da f%^k out about all this and enjoy the ride - that's all it is - a ride at the fun fair.
Recent ZRFY News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 07:03:19 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM