Zerify Inc (ZRFY)

[moneym8ker]

Dude!

They had authorized shares of 12 billion.

They raised the Authorized share count by 5 billion.

That is about a 42% increase in the Authorized Shares.

Look at the trajectory of SFOR’s share price when they more recently increased the Authorized Share count from 7 billion to 12 Billion.

It went from $0.0060 down to a recent low of $0.0007.

This stock is going to struggle for Green Day’s and a run to $0.03 is so far fetched without a massive and prolonged pump scheme.

There’s too many authorized shares out there.


When Mark raised the Authorized Shares from 7 to 12 Billion he said “yes we raised it but that doesn’t mean we will use them”.


Mark has delayed filing for 45 days to hide the very probable fact that they did indeed use them.

The only way this thing sees $0.03 is with a massive reverse split.

They’ll either do an R/S when they near the 17 billion share count as an Issued and Outstanding shares or they’ll authorize an indefinite Authorized Shares.

I’ve seen it done and those penny stocks have been at $0.0000 or $0.0001 for years now.


And it’s not like there is anything anyone here can do about it.
Mark has singlehandedly removed any chance of shareholder revolt by controlling the preferred and their weight against a common share and has no more need for pesky shareholder meetings.


You either sell and take your lumps or shut up, sit back and watch it all unfold.