Replies to post #137962 on Zerify Inc (ZRFY)

[Knuckboy]

You forgot to highlight the word "and" which follows mention of a license agreement.

[jfkspire]

ITEM 8.01. OTHER EVENTS

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.

the Company has licensed the patents to Microsoft Corporation, and the Company will receive a non-disclosable one-time lump sum payment.

We now know the one-time Lump Sum was $9.7M, and there is a NDA Licensing Agreement.

No where does it state the one-time Lump Sum is the Licencing Agreement.

There is a key word "and" in that statment.

""and"" - used to introduce an additional comment or interjection.

there are 2 Seperate parts of the Settlement. The One-time Lump Sum "and" a NDA Licensing Agreement.



--See also!! POST--
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129015125








$$$SFOR$$$

[carusso]

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.