January 15, 2016, the parties reached a settlement
Post# of 82686
Posted On: 10/02/2016 10:23:23 AM
January 15, 2016, the parties reached a settlement in the matter. As part of the settlement, the Company received a payment in January 2016 of $9,750,000 and incurred fees related to the settlement of $4,187,257.
We have four GuardedID products, (i) a standard version which protects browser data entry only, (ii) a premium version which protects almost all the applications running under Microsoft Windows on the desktop, including Microsoft Office Suite and almost all applications running on the desktop, (iii) an Enterprise version which, in addition, provides the Enterprise administrative rights and the use of Microsoft's Enterprise tools for the product's deployment, and (iv) an Apple MAC version for all the latest MAC operating systems and for the browsers and entire desktop.
Of course the above is located right in the last 10-Q, just need to comprehend correctly what's being said!
https://www.sec.gov/Archives/edgar/data/12855...or_10q.htm
The COMPLETE MSFT/PF settlement details have NOT been released to the public yet and under NDA for now. However, it sounds like STI has been in extensive talks with MSFT Engineer DIV for STI products embedment of various MSFT apps/platforms! Which you can bet for sure Royalty/Payments were discussed! Hang around and find out - will NOT be too much longer and we will ALL know for sure! wink
IMSO: MSFT probably already made an offer for buyout, we just simply don't know for sure. Mr. Kay/CEO has an impressive background with JPMC/25years! He knows how to deal with the big boyz! I have a very good appreciation for Mr. Kay/Team SFOR and the work they are doing to help secure the Cyber Security Ecosystem/Kingdom! I'm also a Very Proud STI/SFOR Customer and Investor! wink
And of course Apple has been factored in the reoccurring revenue stream! wink
The biz model in the 10-Q is pretty clear MSFT will be using STI/SFOR suite of products! Which I have no doubts MSFT will be showing US the money! wink
I'm leaning on a MSFT buyout, but let the bidding wars begin, if they haven't already!
Rock On Team SFOR!
We have four GuardedID products, (i) a standard version which protects browser data entry only, (ii) a premium version which protects almost all the applications running under Microsoft Windows on the desktop, including Microsoft Office Suite and almost all applications running on the desktop, (iii) an Enterprise version which, in addition, provides the Enterprise administrative rights and the use of Microsoft's Enterprise tools for the product's deployment, and (iv) an Apple MAC version for all the latest MAC operating systems and for the browsers and entire desktop.
Of course the above is located right in the last 10-Q, just need to comprehend correctly what's being said!
https://www.sec.gov/Archives/edgar/data/12855...or_10q.htm
The COMPLETE MSFT/PF settlement details have NOT been released to the public yet and under NDA for now. However, it sounds like STI has been in extensive talks with MSFT Engineer DIV for STI products embedment of various MSFT apps/platforms! Which you can bet for sure Royalty/Payments were discussed! Hang around and find out - will NOT be too much longer and we will ALL know for sure! wink
IMSO: MSFT probably already made an offer for buyout, we just simply don't know for sure. Mr. Kay/CEO has an impressive background with JPMC/25years! He knows how to deal with the big boyz! I have a very good appreciation for Mr. Kay/Team SFOR and the work they are doing to help secure the Cyber Security Ecosystem/Kingdom! I'm also a Very Proud STI/SFOR Customer and Investor! wink
And of course Apple has been factored in the reoccurring revenue stream! wink
The biz model in the 10-Q is pretty clear MSFT will be using STI/SFOR suite of products! Which I have no doubts MSFT will be showing US the money! wink
I'm leaning on a MSFT buyout, but let the bidding wars begin, if they haven't already!
Rock On Team SFOR!
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