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Zerify Inc ZRFY
(Total Views: 551)
Posted On: 07/04/2020 7:50:18 AM
Post# of 82689
Posted By: ace thompson
Just referencing another poster's question about the "paid in capital of $28M" from the most recent statement. I believe, not totally sure, that it indicates the amount of money brought in by means which are not the result of a company's primary business. In our case the company's business is leasing software and this looks like it means the money raised by dilution, although, I guess, there might be other sources, like loans.

Regardless, the question then is, where's the money? Surely $28M is more than the operational expenses, so what became of it? Was debt paid down maybe? Or something else, I guess, but what? Maybe someone who's an email bud of Mark Kaye's can ask him about it. Or, maybe I'm completely wrong about this whole thing.













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