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Zerify Inc ZRFY
(Total Views: 368)
Posted On: 10/17/2019 7:27:40 PM
Post# of 82690
Posted By: Big Papa Bear
To add some clarity. Outstanding will increase exponentially to accommodate note holders. A missing piece is as they convert to shares the control still stays in the hands of Mark, George and Ram and we as shareholders. It prevents a change of control. It could have been structured differently. Think poison pill! I personally think SFOR is going to sell or reverse merger into something else. The forgiveness of 10 million for 2 years is a sign. I see only 2 scenarios. 1) DSS doesn’t have the money 2) it becomes part of an overall deal and they need the money to do other things. It looks like the first scenario is not the case. DSS is making money ( posting deals) and SFOR could of forced payment when it is needed and the share price would have gone up exponentially . This is total conjecture it makes some sense. Why would we forgive milestones payments when we are in need of cash and starting to show revenue but are unprofitable and trading at less than .002? It’s a sale or reverse merger into something else, in my humble opinion. Bear!













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