AI
Wednesday, September 18, 2013 9:05:45 AM
After doing some further DD, I felt the need to update my previous post with ”10 Parts” to add an additional two parts for now ”12 Parts” of SFOR DD with adding a part for the Melrose CU deal and the Whitesky court ruling. Before reading the ”12 Parts” of SFOR DD, I think all should re-read the two PRs below and related posts below:
StrikeForce Technologies, Inc. Receives Notice of Allowance From the United States Patent Office That Their Keystroke Encryption Patent Application Has Been Allowed for Issuance as a Patent
http://finance.yahoo.com/news/strikeforce-technologies-inc-receives-notice-123900757.html
Part 1 of SFOR DD
I first went to OTC Markets to see if they were current with their filings/financials. I found that their status was better than I had expected; SFOR is OTCQB.
http://www.otcmarkets.com/stock/SFOR/company-info
This means that SFOR is not just current, but is current with filing with the SEC and filing ”audited” financials on a regular basis. This is a serious step for being considered legit within the market regardless to what any of us here posting believes or not. Also, per OTC Markets, the SFOR Outstanding Shares (OS) is 832,922,135 shares as of Aug 11, 2013. That’s still not bad for a penny stock these days especially given that it traded 381,524,759 shares the past trading day (on Aug 28, 2013) to close up 475% for the day. If we would have closed down or about even with such volume, I would have been forced to consider if some dilution concerns existed with shares entering the Float to be possibly an issue. Such did not happen so I have no concerns.
Part 2 of SFOR DD
Read this piece below taken directly from the SFOR PR, then I will explain what it means to me:
http://ih.advfn.com/p.php?pid=nmona&article=58978689&symbol=SFOR
"The timing of this patent couldn't be more perfect for StrikeForce," says Kay. "In addition to the almost six million people that have downloaded our keystroke encryption technology over the last several years, this patent enables us to expand on our current patent litigation strategy."
What this means to me is the same thing that meant to me back when Patriot Scientific Corp. (PTSC) was at .03 per share when they went after Intel for patent infringement. PTSC won their litigation case against Intel all because the patent that PTSC had owned was proven that Intel had infringed upon their patent. Upon such confirmation news being released of Intel infringing upon PTSC’s patent, PTSC had gone from .03 per share to $2.25 per share in short order. It took a little while to happen, but it happened.
Here’s why we have that same or better ”potential” for such a move here with SFOR as like what transpired with PTSC. First read the news below:
StrikeForce Commences Patent Litigation Against Out-of-Band Authentication Infringers Starting With PhoneFactor (a subsidiary of Microsoft), Fiserv & First Midwest Bancorp
http://finance.yahoo.com/news/strikeforce-commences-patent-litigation-against-174922271.html
http://ih.advfn.com/p.php?pid=nmona&article=56954388
Next read the news below to see that Microsoft (MSFT) had bought out PhoneFactor Inc. and then read the information following about Microsoft, Fiserv, & First Midwest Bancorp …
Microsoft buys Overland Park company PhoneFactor
http://www.bizjournals.com/kansascity/news/2012/10/04/microsoft-buys-overland-park-company.html
MSFT makes over $77 Billion per year and trades on the NASDAQ at $33.00+ per share:
http://finance.yahoo.com/q/pr?s=MSFT+Profile
http://www.microsoft.com/en-us/default.aspx
Fiserv, Inc. makes over $4.4 Billion per year and trades on the NASDAQ at $96.00+ per share:
http://finance.yahoo.com/q/pr?s=FISV+Profile
http://www.fiserv.com/index.htm
First Midwest Bancorp, Inc. makes over $410+ Million per year and trades on the NASDAQ at $15.00+ per share:
http://finance.yahoo.com/q/pr?s=FMBI+Profile
http://www.firstmidwest.com/
Now read again the PR below of SFOR going after PhoneFactor, Inc., a subsidiary of Microsoft Inc., Fiserv, Inc., and First Midwest Bancorp, Inc. in the U.S. District Court for the District of Delaware in Wilmington:
http://finance.yahoo.com/news/strikeforce-commences-patent-litigation-against-174922271.html
http://ih.advfn.com/p.php?pid=nmona&article=56954388
Between those companies above that SFOR is claiming to have infringed upon their patents, there is a total of over $81.8 Billion in Revenues generated from the companies. Where there is smoke, there is usually fire and I believe that this fire will be a huge blaze in favor of SFOR. Considering the qualifications of the SFOR management staff (which I will get to in the section after the next section of this post), I am very confident that they know if their patents have been infringed upon by any company. I’m guessing that the reasons for the huge volume was mainly because of someone learning something of a huge magnitude with SFOR.
Part 3 of SFOR DD
Something very important while we have the patent infringement thoughts on our mind is to notice that SFOR has hired Blank Rome LLP, a national law firm, to fight for them against those major market companies for patent infringement. You don’t hire a firm of this stature unless you are very sure of what you are bringing them on board to do. Also, if you are Blank Rome LLP, you don’t get on board to accept to fight for SFOR for patent infringement against these huge companies unless you are confident that SFOR has a legitimate case with a legitimate chance to win. To further understand the quality of this law firm… Blank Rome LLP has received the “Best Lawyers of the Year for 2013” ranking from U.S. News & World Report and Best Lawyers:
http://www.blankrome.com/
http://www.blankrome.com/index.cfm?contentID=46&itemID=2647
Part 4 of SFOR DD
Next I took a look at their management TEAM to see their qualifications and to see if they fit the profile of a TEAM that’s serious about what they are doing. From further review, this SFOR Management TEAM looks to be very serious about what they are doing starting with their Chairman & CEO, Mark L. Kay, who has over 25 years as an established leader, CIO and Managing Director at JP Morgan Chase. He was also the Chief Operating Officer and Global Technology Auditor during his tenure. See below to read more about Mark L. Kay and the rest of his very qualified TEAM here with SFOR:
http://www.strikeforcetech.com/company/company_mngt.aspx
Part 5 of SFOR DD
Next I went to the website of SFOR to see how professional it looks and to learn of its operations in greater detail and I was very impressed. You got to have a sexy website. Although I’m easy when it comes to websites, I think all can look at their related website and see that SFOR and GuardedID are both very real along with the other key links to explain their operations:
http://www.strikeforcetech.com/index.aspx
http://www.guardedid.com/default.aspx
Whitepaper for GuardedID - Anti-Keylogging
http://www.strikeforcetech.com/pdf/GuardedID_White_Paper_4.pdf
Whitepaper for ProtectID - Out of Band Authentication
http://www.strikeforcetech.com/pdf/ProtectID_White_Paper.pdf
Protect ID - Cloud Service
http://www.strikeforcetech.com/pdf/ProtectID_Cloud_Service_v2.pdf
Whitepaper for MobileTrust - Mobile Security
http://www.strikeforcetech.com/pdf/MobileTrust-White-Paper.pdf
Part 6 of SFOR DD
Next I went to the videos to see some very serious proof of how the technology works in action and much more (Awesome Videos):
Guarded ID Video of TV Commercial & more:
http://www.youtube.com/watch?v=PBxQjaf8E4U&feature=youtu.be
http://www.youtube.com/watch?v=vTqE996CCmM
http://www.youtube.com/watch?v=iNptEGmdD44
Now look at this video on ABC World News and see the importance of SFOR that many are learning about to solve such issues and threats:
http://abcnews.go.com/Video/playerIndex?id=3009256
Part 7 of SFOR DD
Now go below to listen to the CEO’s WebEx/Interview:
https://strikeforcetechnj.webex.com/strikeforcetechnj/j.php?J=312042697&PW=NYjRlYzFiZTI1
Meeting number: 312 042 697
Meeting Password: 12345
Part 8 of SFOR DD
Next I did a quick scan of the SFOR PRs to find previous and recent news of note:
Melrose Credit Union Purchases StrikeForce's ProtectID(R) Two-Factor Out-of-Band Authentication Technology to Protect Their Employees
http://ih.advfn.com/p.php?pid=nmona&article=59069425
StrikeForce Technologies, Inc. Receives Notice of Allowance From the United States Patent Office That Their Keystroke Encrypt...
http://ih.advfn.com/p.php?pid=nmona&article=58978689
StrikeForce Technologies & Solantus Inc. to Provide Authentication & Encryption Innovations to Prevent Canadian Cybercrime
http://ih.advfn.com/p.php?pid=nmona&article=57453551
StrikeForce Commences Patent Litigation Against Out-of-Band Authentication Infringers Starting With PhoneFactor (a subsidiary...
http://ih.advfn.com/p.php?pid=nmona&article=56954388
StrikeForce Technologies Presented at the 9th American Growth Capital West Annual Information Security Conference
http://ih.advfn.com/p.php?pid=nmona&article=56481968
StrikeForce to Showcase Theft of Mobile Keystrokes at RSA
http://ih.advfn.com/p.php?pid=nmona&article=56441812
StrikeForce Signs Agreement With One of Europe's Leading Cyber Security Distributors -- With Access to Over 100,000 Independent Resellers
http://www.otcmarkets.com/stock/SFOR/news
Other key news under OTC Markets:
http://www.otcmarkets.com/stock/SFOR/news
Sept 4, 2013 Melrose Credit Union Purchases StrikeForce's ProtectID(R) Two-Factor Out-of-Band Authentication Technology to Protect Their Employees
Aug 28, 2013 StrikeForce Technologies, Inc. Receives Notice of Allowance From the United States Patent Office That Their Keystroke Encryption Patent Application Has Been Allowed for Issuance as a Patent
Aug 15, 2013 New Customers Commit to Purchase StrikeForce's ProtectID Multi-Factor Out-of-Band Authentication Software Platform
ProtectID Will Be Used to Protect New Customers in the Government, Legal And Financial Services Markets
Aug 6, 2013 StrikeForce's ProtectID(R) Multi-Factor Out-of-Band Authentication Platform Outshines All Known Twenty-One Authentication Vendors
-- We provide Out-of-Band Authentication patent protection, Patent Nos.:
US (7,870,599) & (8,484,698)
Jul 24, 2013 Strikeforce Technologies Inc. Is Awarded Its Second Patent for "Out-of-Band" Authentication Utilizing Mobile Devices
…has been granted its second patent for "Multi-Channel Device Utilizing A Centralized Out-of-Band Authentication System" from the United States Patent Office (Patent # 8,484,698).
"Being awarded this second patent for Out-of-Band Authentication is a huge win for StrikeForce," said Mark L. Kay, CEO. "This is a game-changer because it significantly strengthens our position in a rapidly expanding marketplace, as well as our efforts to enforce our patents through licensing and litigation, as previously announced in our March 28th, 2013 press release focused on infringers such as Phone Factor and First Midwest Bancorp.
Jul 18, 2013 StrikeForce's UK Distributor, CDISGroup Ltd., to Launch Large Pilots for Corporate Customers to Prevent Identity Theft and Data Breaches of Their Clients
Jul 10, 2013 StrikeForce Signs Agreement With One of Israel's Leading Homeland Security Distributors
…has signed a distributor agreement with A.R. Challenges, Ltd., one of Israel's leading Cyber Security distributors, specializing in Homeland Security, Critical Israeli Infrastructure and enterprise security.
"StrikeForce is very excited to work with Rafi Sela, CEO of A.R. Challenges, Ltd.," states Mark L. Kay, CEO of StrikeForce, "his experience and working knowledge of Israeli Homeland Security is unprecedented. Rafi served as a senior officer in the Israeli Defense Forces for 18 years. He then founded and was the first President of the ILHSIA - Israeli Homeland Security Industries Association."
Jun 20, 2013 StrikeForce Signs Agreement With One of Europe's Leading Cyber Security Distributors -- With Access to Over 100,000 Independent Resellers
Commences Major Campaign Launch in 13 Countries for GuardedID's Anti-Keylogging Keystroke Encryption Technology
…has signed an agreement with Cyber Wealth Alliance, Inc. (CWA), one of Europe's leading Cyber Security Distributors. CWA has plans to launch a major Cyber Security campaign the end of this month, starting in Russia, than across twelve other countries. CFA will ultimately distribute GuardedID's Anti-Keylogging technology through a vast channel of over 100,000 independent resellers.
Part 9 of SFOR DD
Next I went through some posts to pull some key quotes with the links to the quotes following:
** “Getting patents in the Information Age is like getting FDA approval”
** “They have OOB and now keystroke encryption, could not be in a better spot.”
** “Very professional, audited, and with a bit of revenue A hidden gem here”
** “A company that reports regularly and communicates with the shareholder is not a sham outfit. You have to remember this is an infant industry and the needs are HUGE. SFOR has patents and more coming. Much of what they work on has not been done before. It is not easy. I have a gut feeling they have the goods.”
** “GuardedID for sale online $29.99/12 months renewal. Stops hackers from getting into your bank account and computer by encrypting keyboard strokes. Seems cheap for this protection. Check it out.”
** “We are not attempting to sell the OOB technology to consumers. It is aimed at critical large companies in health care, finance and banking. These are crucial industries that our government wishes to protect.”
** “Here is another great article that follows about the $45mm bank heist clarifying it occurred through phishing and spear phishing which the majority of the time either directly asks for your personal information or more often than not steal your keystrokes through loading a virus on your computer and smart phone, with quotes from George Waller, EVP of StrikeForce included as an industry security matter expert. The GuardedID product from StrikeForce prevents the keylogging malware from stealing your personal and critical keystrokes. The ProtectID product from StrikeForce doesn’t allow those stolen keystrokes (which would happen if you didn’t have GuardedID), from getting into your accounts and stealing your money. The Anti-Virus programs don’t prevent these attacks as proven by all the data breaches and attacks that occurred to RSA, Citibank, FRB, Lockheed Martin, Federal government agencies, TJMax, Visa and many other that all use one of the top anti-virus programs.”
** "GuardedID is in a league of its own. It proactively encrypts each and every keystroke typed on a keyboard. One thing that all security experts can agree on is that the use of encryption is the best way to protect your data," says Kay, "and until GuardedID, there wasn't any way to encrypt data at the point of origin..."
“If the last sentence is true, this patent does mean something very new.”
Source of Quotes:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91499995
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91475638
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91483163
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91260013
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91508535
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90571574
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88379734
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91500677
Quotes from SFOR:
http://ih.advfn.com/p.php?pid=nmona&article=58978689
"We are extremely excited about getting the patent for our GuardedID® Anti-Keylogging Keystroke Encryptiontechnology," says Mark L. Kay, CEO of StrikeForce. "GuardedID is in a league of its own. It proactively encrypts each and every keystroke typed on a keyboard. One thing that all security experts can agree on is that the use of encryption is the best way to protect your data," says Kay, "and until GuardedID, there wasn't any way to encrypt data at the point of origin, when typed on a keyboard including our Cryptocolor® user visualization feature."
"The timing of this patent couldn't be more perfect for StrikeForce," says Kay. "In addition to the almost six million people that have downloaded our keystroke encryption technology over the last several years, this patent enables us to expand on our current patent litigation strategy."
Part 10 of SFOR DD
Next I did a quick scan of their SEC filings & company news:
SFOR SEC Filings:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001285543&owner=exclude&count=40&hidefilings=0
SFOR News:
http://www.otcmarkets.com/stock/SFOR/news
http://finance.yahoo.com/q/h?s=SFOR+Headlines
Part 11 of SFOR DD
Melrose Credit Union Purchases StrikeForce's ProtectID(R) Two-Factor Out-of-Band Authentication Technology to Protect Their Employees
http://ih.advfn.com/p.php?pid=nmona&article=59069425
Related Posts:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91691459
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91702336
http://www.melrosecu.org/
Melrose Credit Union was established in 1922 and is one of the most successful financial institutions in the United States. Melrose Credit Union has approximately $2 billion in assets and 25,000 members.
Part 12 of SFOR DD
Motion by Whitesky to dismiss was DENIED!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91915542
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91922019
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91980671
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91927486
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91988560
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92030205
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92031486
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92069356
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92116170
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92130156
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92130337
Keep in mind too that many investors are just now learning about SFOR. Timing means a lot within the market… especially within the penny stock market. SFOR seems to be now positioning itself to make sure it is in the right place at the right time.
v/r
Sterling
Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39092516
