Tuesday, February 12, 2019 6:54:02 AM
The only explanation I have heard from others is that SFOR is waiting for the lawsuits to drop before revenue is received. This is a flawed argument. 1) as a business entity, and a public one for that matter, SFOR cannot bury revenues or accounts receivable. If revenues are there, they are reported in the financials. 2) if revenues are only to be received AFTER lawsuit wins, this could take additional years to receive since these lawsuits are not guaranteed wins yet. 3) if revenues are only to be received AFTER the lawsuit wins, this is implying that SFOR has no current revenue streams through the channel partners and will rely on lawsuit wins, royalties, and more likely fees in order to receive revenue.
Either way you spin it, the revenue discussion is looking worse and worse. And no one will talk about it. Even Mark.
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