Zerify Inc (ZRFY)

[Baffic]

My take is they sold the rights to ACS and ACS has to pay SFOR $9m by September 30, 2020 one way or anther.

"which may be paid in the form of a promissory note due by and no later than September 30, 2020"

I don't like the fact this deal even exists, but they did what they had to do at the time. If SFOR does not get the paid by Oct2020 then SFOR keeps the patent.

Now, how ACS gets the $9m is my big question. If they get it from sales of GuardedID then SFOR already gets 15% of that. Will they have $9m to spare in less than 2 year? I don't know.