Thursday, April 18, 2024 2:15:49 PM
No IT professional in their right mind is going to tell their boss (or their customer) that Zerify Meet, a company that is hanging on by its toenails, is a better choice when compared to Microsoft Teams, Google Meet, Zoom, GotoMeeting ot the myriad of other more established choices that are on the market.
When the blockchain started to gain traction, Zerify (then SFOR) claimed to have a way to protect people's coins. Did that product ever generate revenue? Not a dime as far as I know.
When Covid lockdowns forced businesses and government to conduct virtual meetings, Zerify announced their solution. Did that product ever revenue? The company doesn't break down revenue by product category. The 3rd quarter report shows 2023 total revenue was on track for a run rate of $ 88,000. For the entire year. After 20+ years of being in business.
Mark's total compensation for 2022 (the most recent figure available) wa $ 288,000 (down from $ 841,000 in 2021)
Waller's compensation was the same as Kay.
Ram's compensation was the same as Mark and Waller. His 2021 compensation was $ 2.9 million.
For a company that maybe brought in $ 88,000 last year.
F'in ridiculous.
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