$BL$

[$BL$]

All**Important from the SFOR CEO...poster sterling

I just got off the phone and spoke to Mark Kay, the CEO of SFOR not long ago. He said that he will speak to anyone who wants to speak with him.

The increase in the Authorized Shares (AS) is to create a buffer to have placed into reserves to cover shares for a debt conversion that is already in place in their books, but is not scheduled to be converted and very likely will not be converted. The initial/original conversion rate was based off of the .0004 share price from last week which is why the buffer of 5 billion shares was increased to reflect the ”capability” to cover such if need be. Again, this was if the conversion was to take place.

Mark told me that those shares are ”not” part of the Outstanding Shares (OS) as they have not been issued and most likely won’t be issued. He reiterated that even if they were to be converted, it would be for an amount far less than the shares increased in reserves to be the AS. I believe Mark when he says that the shares are not issued and won’t be an issue. I’ll explain why I feel like this in greater detail below along with some other key things of note that I think all would want to hear.

Mark said that actually, with the recent increase in share price and where it’s at now, the most amount of shares that could be placed into the market if that debt was to be converted is probably somewhere in the area of a couple hundred million shares. He said that no conversion would happen for a long while if ever converted. I do know that he expects for the price to be much higher in the near future than where it is at now therefore further reducing the amount of shares that would be required to be converted to cover the required conversion buffer from a huge amount of shares.

So in short, the increase in the AS was basically a formality to make sure everyone was covered with the SEC to make sure everything is good. Also, to further add about what the CEO (Mark Kay) had explained to me about the debt holders making the decision to not convert the convertible for shares, read below as posted by HokieHead from one of the filings just released while also seeing the confirmation of the debt holder (DART) intentions to not convert the debt while reserving the option for the debt to be bought out:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91581752

Quote:
--------------------------------------------------------------------------------

http://ih.advfn.com/p.php?pid=nmona&article=59022028
During the six months ended June 30, 2013, DART had no conversions.

The DART secured convertible debentures are fully matured. We have been in contact with the note holder who has indicated that it has no present intention of exercising its right to convert the debentures into restricted shares of our common stock. The note holder has advised us that it currently is willing to wait until it receives a buyout offer from us.

--------------------------------------------------------------------------------


In order for DART to agree to doing such terms with SFOR, they must truly know what’s coming in the near future with SFOR to where SFOR is going to have more than enough money to pay them back instead of taking any dilutive route.

I’m saying this because, although the CEO would not give me any details about upcoming news, he confirmed that news is definitely coming… a few of them. Mark told me that we should see two really good PRs released on some deals that have been closed and another PR on some good things going on with the lawsuit. He sounded very confident in his company and what they had going on.

I was very impressed after speaking with Mark Kay, the CEO for SFOR.

v/r
Sterling