I thought you said the money already ran out?? Prior to the last Q?? Well at least we have until June now. I look forward to hearing how SFOR is going to run out of money in July as well.
Don't you think if they really needed money, they can borrow from Cyber Safety $400k+ like last 2 years 0% interest? Which they already paid back Cyber Safety in 2016.
Per 10-k
On August 24, 2015, the Company entered into an agreement with Cyber Safety, Inc., a New York corporation (“Cyber Safety”) for Cyber Safety to license, and retain an option to purchase, the patents and Intellectual Property related to the GuardedID Ò and MobileTrust Ò software. In conjunction with the licensing and the option to purchase, Cyber Safety loaned the Company $408,000 in 2015 and $75,000 in 2016. During the year ended December 31, 2016, the note was repaid in full to Cyber Safety (See Note 5).
What if SFOR's sales team brings home the bacon and closes a big deal or a settlement from just one of the 7 companies being sued for IP infringment occures?