Replies to post #54440 on Zerify Inc (ZRFY)

[skydog526]

Your wrong bud read the 13G the last note holder Inter Mountain Capital refused to be payed off they converted and sold their shares. That was the so called dilution into the last run with T trades. All done all gone no note holders left.

NEXT!

[John Kent]

It is ok if reading comprehension is not a strong suit. Per last year's 2015 Q has roughly about 2 million in notes. Per 10k Company received a payment of $4.9 million, net of legal fees, which will be was recorded as other income in the first quarter of 2016. In addition subsequent to December 31, 2015, the Company repaid approximately $1.8 million of convertible and notes payable principal and accrued interest, and converted approximately $247,000 of convertible notes and accrued interest into 2.1 billion shares of the Company's common stock. Management estimates that the current funds on hand will be sufficient to continue operations through the next twelve months. The ability of the Company to continue as a going concern is dependent upon the Company's ability to raise additional funds and implement its business plan. Management is currently seeking additional funds, primarily through the issuance of debt and equity securities for cash to operate our business. which lead to this >>>>>>>>>>>>>>>>>>>>>>>>http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11328367

the only other note is the Dart secured note I mentioned here is from the Q for $542,588 The Company has 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 the Company's common stock. This is why Mark did not pay off given that they are a long term partner with SFOR.

Here is another nugget on it from the 10k Company has 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 shares of the Company's common stock. In connection with the secured convertible debentures with DART/Citco Global, we granted DART/Citco Global a secured interest in all of our assets. Under the terms of the secured debentures, we are restricted in our ability to issue additional securities as long as any portion of the principal or interest on the secured debentures remains outstanding.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11316619

Again the OS is not increasing past notes are paid off and done and Dart is a long term partner with SFOR.

No need to spread mis-information on these threads let us stick to the facts.

There is no dilution dilution is debt that can be converted into shares and none of that is happening with SFOR now or in the next 12-24 months.

GLTU.