Replies to post #97984 on Zerify Inc (ZRFY)

[Helter Skelter]

That would be illegal...thanks...unless they file a Form 4, should have filed a Form 144 and can only sell 1% of the OS every 3 months, 23 million shares...hmmm...not too bad...$230,000 every 3 months...

[Helter Skelter]

I thought the insiders waived the conversion on those preferreds?

Nobody wants to talk about the preferred shares(owned by insiders) that have been converted to common shares and sold in the last week.

Didn't the CEO say they, or someone, did convert preferreds to 36,000,000 common shares? Hmmm...I'll have to dissect this little CEO worm hole, lOl...thanks for the reminder...

[Helter Skelter]

This CEO is the biggest moron I've ever witnessed...trying to communicate (honestly)...unless he's gone senile...which appears to be the case (or being misleading, lying). I mean seriously, what the hell is he trying to say with all this gibberish?

*Note > I added the green text to the alleged e-mail from the clown CEO (quoted below).

That should be easy. (apparently not) Here are the patents of which we now own all six with 2 pending. The three for ProtectID that we are currently litigating in court and are for Out-of-Band Authentication (ProtectID) that we won a mediation for against Phone Factor (owned by Microsoft) are:
US Patents 7,870,599 & 8,484,698 & 8,713,701.

The other three we own are the ones Cyber Safety (ACS) just bought the option (for which we own them until they take the option) for that we have no court cases, but did use these patents for one court case we won (Microsoft's Phone Factor), knowing we have these patents a few years ago as well. The three for keystroke encryption (GuardedID) are patents: 8,566,608; 8,732,483; and 8,973,107.

We also have a patent pending for Out-of-Band Authentication and another one for MobileTrust that are in process.

The 36Million shares we had (we had?) show up as additional (?) common outstanding, where the ones I mentioned we have (we have?) that were preferred shares that were able to convert. That leaves anther 14million preferred shares that can convert (there are only 175,338 Series B preferred OS), but so far aren’t and that is all we have. None of these are selling (then why did they convert to common?) and are from friends (who?!) that invested in our company at a time we needed them.

There are no plans as of now (right this second?) for any buy outs and if there were I could (couldn't, you jackass) discuss that. We are working many deals with large companies and buy-outs can come out of these deals, of which I will not discuss (thank God, just mentioning it was a cluster muck).
Thanks
Mark

Sincerely (tried to mislead everyone),

StrikeForce Customer Support
StrikeForce Technologies, Inc.
1090 King George’s Post Road, Suite 603
Edison, NJ 08837 USA

[e-mail]
www.strikeforcecpg.com
866.787.4542
732.661.9641 ext. 225

What an asshole. Ok, there were 175,338 Series B preferred shares outstanding @ 12/31/2015 and this jives with the Series B OS disclosed in the last 10Q filing (filed August 15, 2016). These Series B cost $1.50 per share and convert to common @ 30-40% discount to market (5 days, whatever) and have a minimum convert @ OO5. So, 175,338 Series B x $1.50 = $263,007 to convert @ minimum allowed OO5 = 52,601,400 common shares. This would explain the moron's assertion that 36 million common shares have been added to the OS with 14 million more common shares to go (be added) to the common OS. He claims that these are not being sold. They were converted so that they could be sold...is my opinion and the only one that makes sense. They are to be sold soon if not right now...

Our number of shares of Series B Preferred Stock issued and outstanding increased from 142,004 shares at the year ended December 31, 2014 to 175,338 at the year ended December 31, 2015. The increase in the number of shares of Series B Preferred Stock issued and outstanding was due to the sale of shares of Series B Preferred Stock, through subscription agreements, related to equity financing.

I don't recall seeing a Schedule 13D or Schedule 13G for the over 5% ownership of this series of stock. If the owner beneficially owns over 5% of any designation of stock then said owner must file a Schedule 13D (or G) within 10 days. I wanna know who this friend is. SFOR should have also filed a Form D (within 15 days) and a Form 8K (within 4 days) when they sold these unregistered securities. Thanks...

These Schedule 13s are all for common stock > SFOR SC 13s FILED

There isn't anything about the Series B preferred stock in the beneficial owners' table presented below. Those series B convert to common shares and should be disclosed in this table, I'm 99% sure, will check on this, of course. The OS on December 31, 2015, when this table was composed was 22,711,924....the series B preferred could convert (@ minimum $OO5) into 52 million shares giving ownership to this particular entity (or group) of about 70% of the common stock. Nowhere in any filing is this (over 10% owner) disclosed. Again, I wanna know who it is. So will the SEC. Thanks...and good day...off early to my beach bar, lObster, drawn butter and a few cOld ones...I've put in a good day's work, ciaO.

Not one mention of Series B. Not one.

In February 2014, our Board of Directors amended the initial price for the Series B Preferred Stock from $2.50 to $1.50 per share. Our Board of Directors also amended the conversion feature of the Series B Preferred Stock, to convertible common shares $0.0001 par value, to convert at a 40% market discount to current market value at the time we receive a conversion request. Current market value is defined as the average of the immediately prior five trading day's closing prices. Additionally, when Series B Preferred Stock shares convert to our common stock, the minimum price discount floor level is set at $0.005, as decided by our Board of Directors. As of December 31, 2014, there were 142,004 shares of Series B Preferred Stock issued and outstanding.