Replies to post #165630 on Zerify Inc (ZRFY)

[heartbreakhitman]

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.

[Lolaspike]

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).

https://ih.advfn.com/p.php?pid=nmona&article=74346121&symbol=USOTC%3ASFOR

[4sleddogs]

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?

[mofran]

That's if they haven't brought in any money since then. Investing is always a risk. If this is too scary there are many other stocks to pick from...