Kay has said there is no need for a RS over and over for months now in email replies weekly and they have all been posted here over and over and over again! Here it is also in a PR! They have plenty of cash on hand now after the Microsoft settlement and now we have expanded into retail chain stores all over the US! NO RS! "StrikeForce 2016 Financial Strategy Update- four-pronged strategy
A very important PR for everyone to read from March (NO R/S)
1. The first prong is to expand on our existing litigation strategy for our patented ProtectID® Out-of-Band Authentication technology. Our Out-of-Band patent lawsuit award has proven to be a sound financial strategy.
2. Our second prong is to work closely with our distributing partners, particularly Advance Cyber Securities, Inc., as they have recently signed a $9Million agreement with us to purchase our GuardedID® & MobileTrust® technologies and patents, as well as market the products under the brand EndpointLock. StrikeForce is guaranteed the payment by Sept 30, 2020.
3. The third prong in our strategy was to launch a consumer focused marketing effort. On March 18th we launched brand new websites (www.strikeforcecpg.com/guardedid/ & www.strikeforcecpg.com/mobile-trust/ ), new logos and product videos, Facebook pages, real-time twitter updates, and a comprehensive social media campaign for both GuardedID® and MobileTrust®. Our new social media outlets will also enable us to communicate quickly to our shareholders with current public information and keep them to date. For instance, we have used social media to assure our shareholders that we have no plans on doing a reverse stock split.
4. The fourth and final prong in our strategy was to get our GuardedID & MobileTrust products into the Retail Box stores. We are pleased to announce both products are available online via http://www.target.com/ and will be on their shelves in June of this year. We are also in discussions with several other Big-Box retailers. "
Why would you need Revenue if you just won 9 million from microsoft?
**Check This DD ... Window is closing** Buyout War?
Please Keep in mind these could be very short court proceedings.
Microsoft folded in less than 6 months and payed out 8 figure settlement in lieu of fighting in court.
*(June 9,2015)* StrikeForce Technologies, Inc. (OTC PINK: SFOR), announced today that it has initiated patent litigation against Microsoft Corporation for infringement of United States Patent Nos. 7,870,599, 8,484,698 & 8,713,701 On *(January 15, 2016)*, the litigation was settled and the parties executed a settlement agreement in the form of a Release and License Agreement. The terms and conditions of the Release and License Agreement are confidential except under limited conditions. As a consequence of the Release and License Agreement, the parties have moved to dismiss the action with prejudice, the Company has licensed the patents to Microsoft Corporation, and the Company will receive a non-disclosable one-time lump sum payment.
#################
Anyone believe these following companies are smarter than Microsoft when it comes to security relating to networking? *not me*
the risk involved in fighting these patent infringements in court could result in announcements in half the time required to win the settlement with microsoft.
3 months? who knows but I doubt its going to be profitable....
I can see even a "buyout" being expensive for any one of these three companies because... they would all be "competing" in a buyout attempt.
***Defendant Duo Security***
Seton Hall University Princeton University Drew University Altegra Health, Inc. The Men’s Wearhouse Toyota (new jersey) Paramount Pictures Corporation Amazon Inc Apple Inc Chick-Fil-A True Religion Brand Jeans Cellular One
***TrustWave Holdings, INC***
Crest Savings Bank Intergraph Qdoba, and three million customers worldwide through its website, https://www.trustwave.com.
Upon information and belief, Defendant Trustwave has knowingly, willfully, and deliberately infringed claims 53 and 54 of the ’698 Patent in conscious disregard of Plaintiff StrikeForce’s rights, making this case exceptional within the meaning of 35 U.S.C. § 285 and justifying treble damages pursuant to 35 U.S.C. § 284. ######## Treble damages, in law, is a term that indicates that a statute permits a court to triple the amount of the actual/compensatory damages to be awarded to a prevailing plaintiff. ######### WHEREFORE, Plaintiff, StrikeForce, respectfully requests this Court to
Award Plaintiff StrikeForce treble damages due to Defendant Trustwave’s deliberate, willful, and knowing conduct
3x damages for willful intent!!!!!
***CENTRIFY CORPORATION,****
Celgene Corporation Johnson & Johnson Novartis Pharmaceuticals Corporation, Sanofi-Aventis Corporation, BB&T BNP Paribas, Citi Credit Suisse (think etrade financial consultants etc) Deutsche Bank Geico HSBC MetLife, Mizuho New York Life, Royal Bank of Scotland Société Générale Standard Chartered Bank SunTrust, TD Ameritrade Boeing, Delta Airlines General Dynamics Hertz, Land Rover Northrop Grumman Raytheon, Toyota Volkswagon Best Western CBS Harte-Hanks ICC Lowe Maritz Quad Graphics, Ree Bee (a subsidiary of Ericsson) Walt Disney Bose Verizon Wireless Microsoft, Catalina Marketing Company, DirecTV, Fujitsu, Rosetta Stone, NOAA, the US Army, the US AirForce.
Defendant Centrify specifically intends for its customers to use its products and web services and knows that its customers are using its products and web services in an infringing manner
Upon information and belief, Defendant Centrify has knowingly, willfully, and deliberately induced infringement of the ’698 Patent in conscious disregard of Plaintiff StrikeForce’s rights,
Upon information and belief, Defendant Centrify has knowingly, willfully, and deliberately contributed to infringement of the ’698 Patent in conscious disregard of Plaintiff StrikeForce’s rights,
################# WHEREFORE, Plaintiff, StrikeForce, respectfully requests this Court to:
Award Plaintiff StrikeForce treble damages due to Defendant Centrify’s deliberate, willful, and knowing conduct;
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