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Zerify Inc ZRFY
(Total Views: 308)
Posted On: 02/10/2018 4:01:33 PM
Post# of 82686
Posted By: 4sleddogs
You're right. The agreement states ACS will pay SFOR the $9 million by the due date in 2020 & 15% royalties thereafter with SFOR right to continue selling the product. I' m glad we will have that future cash flow! For now, both Alverez Asdociates and ACS are working as our vendors to the Federsl Government. That is a good thing IMHO. Just how benefical will be revealed in the 1Q18 on 5/15. The Federal budget was just signed into law yesterday by the POTUS. FINALLY, the 430 Department, Agency and sub-agency contracting officers can legally obligate funds to purchase the defendive software they need to be in compliance with the new NIST/PCI standards RDY2ROCK elaborated on that are now in effect. Hope that clears up your confusion.













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