Zerify Inc (ZRFY)

[Dodicus]

Q1 2021 – 10 Q filling - Note 11 stock options - In February 2021, 12,250,000 unvested options granted in fiscal 2020 were modified and such options became fully vested. Pursuant to current accounting guidelines, the Company remeasured the fair value of these options and determined their fair value to be $3,675,000 and was recorded as stock compensation expense. No disclosure of why and who the options were issued to and how were they modified