Zerify Inc (ZRFY)

[belinda4]

Thanks for the confidence in my responses. Here is what I understand. First, the patent lawsuit is public and has a much shorter life than 2+ years. Why...because there is no way one of the top 10 patent law firms takes this case on full contingency, their ROI calculations don't factor in that long for recovery (they have to figure this is $10's of millions to them). Additionally, this is just the first wave of lawsuits since I have heard that more infringers have been identified.

The company does make revenue, but when you look at all the operations, the cost of the additional patent filings coupled with fighting Whitesky, making debt service and growing has been tough. From what I remember reading, Whitesky was providing about $40K per month in revenue. That was about 30% of their 2013 forecast, so fighting is what they need to do to help survive until some patent moneys come in.