Zerify Inc (ZRFY)

[brooklyn13]

What we've seen happen time and time again with ZRFY, over the years, is playing out again now.

Shares are issued at a price equal to or below the price on the open market, with various minimum buy-ins, this time I think $10K. Kay, then, makes a big production about fantasy upcoming revenues and does a few of his dopey interviews. Then, the newly hatched suckers get excited about all the good stuff that's going to happen and merrily throw their money away on this stock. This temporarily drives the share price up so the $10K- and-up gang can take some profits before reality sets back in.

Other than patent infringement, I don't really think Kay's doing anything illegal, he's just an amoral sociopath. The SEC will do nothing about this, they are inundated with complaints about innumerable penny stock company management teams who are abusing shareholders.

I went to a shareholders' meeting some years ago and had private conversations with Kay and George at the hotel bar after party. I badly misread the room, though, thought they were hard working, trustworthy businessmen and threw away a bunch of dough on their schemings.

People tend to ignore warning signs that disturb whatever narrative they've invested in, emotionally, intellectually, or financially. When the company bought time on HSN to hawk their anti-keylogging software, it was a big flashing exit sign that I, and a lot of others, ignored.