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Thursday, March 14, 2019 4:38:02 PM
IMO the revenues that will be realized in the financials will be underwhelming. As with every deal SFOR has, there is more to it that meets the eye (or shall I say less than what meets the eye)... be it an NDA, additional channels and subsidiaries of channels that will get paid before SFOR, etc. By the time SFOR receives any sort of fee or %, it is always substantially less than what it should be.
For example, in the last financial report, it was shown that SFOR received less than $500 from channel partners. This is despite the other board touting ACS, Alvarez, Caroni (South America and Ecuador deal), Veratad, FlexiP Group (Nigeria partner), Mcafee, DOD, international distribution deals, and Gallagher contracts worth $ millions. Even one poster touted Secure Authority as the next channel partner after the 2/4/19 decision (see post #46081 from 1/4/2019 on the other board). How is that even possible? Some will say it’s bc of the billing cycle for 30/60/90 days and the government was shut down, which caused delays. But this has been going on for 18 years. So that argument is 100% false.
What people won’t mention is where is all the money going? Why does SFOR need to have a contract with ACS’ subsidiary CSI instead of being direct? Why is Bo from ACS touting the $9m sale of our patents yet we have not seen $1 from this? Why is BSAFE a 49% owned subsidiary of SFOR, only receive “fees” from their revenues, despite paying the executives their salaries, pay for all office expenses, and shield the private company? What happened to the money from “sold out” sales from both the US and Canadian tv shopping networks.
And to your point... why would the CEO of SFOR not want to let the world know this is all going on and all the “successful” things going for SFOR... it doesnt make any sense. But someone other than the shareholders are profiting from all of this. As if it was planned that way. My opinion of course. And the pumpers will fight it. But notice in any of the rebuttals that no one can answer the valid questions.
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