Zerify Inc (ZRFY)

[dukeb]

Mark screws over shareholders once again.

Prior splits:

Jun. 25, 2020 1:500
Aug. 04, 2015 1:1000
Feb. 13, 2015 1:650
Mar. 18, 2014 1:1499.9
Nov. 03, 2008 1:10

Now another 1:1000

Tally these reverse splits up over the last 16 years and the result is someone will have 1 share for every 4.8 QUADRILLION shares they owned in 2008.

From the filing:

Upon the Effective Date of the Reverse Split, the Company is expected to have approximately 4,675,630 shares issued and outstanding, assuming a 1:1,000 Reverse Split depending upon the effect of rounding up fractional shares, after implementation of the Reverse Split, and will have One Billion (1,000,000,000) shares of Common Stock authorized.

So less than 5 million will be outstanding with a 1 billion share A/S. As new shares are issued that money will go straight into the pockets of Mark and his band of thieves.

And still no word about the miracle partner that was supposed to be named in October of 2023. Probably because the existence of that partner was one of Mark's many fever dreams.

Absolutely shameless.