Zerify Inc (ZRFY): The SEC should look into the management...

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Dodicus

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Monday, 06/20/2022 12:32:32 PM

Monday, June 20, 2022 12:32:32 PM

The SEC should look into the management of StrikeForce. They have a history of diluting shareholders and leaving them with worthless shares and continue to take millions of dollars in stock and compensation with only $193,000 in revenue. This is a pattern that is continuing based on the first quarter of 2022 of SG&A of $2,636,000 and revenue of $32,000

The last10-K stated mgt. took 122,000,000 options and recorded compensation of more than $5,000,000 between dec. 2020 and Dec.2021 but the sales for the year were only $193,000

The recent proxy filed 6/17/22 in 2021 there was an additional $7,098,000 in SG&A as compared to 2020 and sales for the year were only $193,000

The recent proxy filed 6/17/22 for the first 3 months of 2022 StrikeForce revenue was only $32,000 but with only 10 employees the SG&A was $2,636,000

Mgt. continues to take millions in compensation and a shareholder who held 100,000 shared pre 1:500 reverse split now only has 200 shares with a value of $4.