Zerify Inc (ZRFY)

[Pennydream]

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."


Break it down!
As a consequence of the release and license agreement ------ThE company has licensed the patents to MS
As a consequence of the release and license agreement -----The company wil receive a nondiscloseable one time lump sum
Thats it done onetime payment