Zerify Inc (ZRFY)

[belinda4]

I think the 14c stated that the company increased shares by 175 million. Now each day, you see VERT and VFIN on the ask, those are the shares causing the dilution. The rest is other MM picking up inventory, covering shorts and us investors. The money side of this is very different. for instance, 200 million shares only raises about $150K, but for short term 144 6-month financing, this requires about 800 million shares in reserves and hence the increase in authorized.

I think with them needing to fund the fight with Whitesky, the filing of the additional patients and the normal cost of business, they are burning through the cash. I don't think a stock without more revenue can keep taking this hit, but if it can make it through the next 6 months, it's worth a shot, just not the farm...