summary of SFOR CEO interview> Growth: Num
Post# of 82686
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Posted On: 01/23/2017 5:39:07 PM
Re: Uptick Network #643
summary of SFOR CEO interview>
Growth:
Numbers have gone up drastically and do seem them to continue to grow.. Products are growing; amazon, mentioned top seller; additional marketing within AMAZON and additional companies selling the product in AMAZ. ACS has sold the product to MAJOR companies; mentioned you can see who they are when you go online. Finally got first sell with many others to come SFOR can't say anything until ACS PRs it. and will start increasing sales in the first quarter (large sells) not 4th quarter as imagined. WEBSITE will be released Friday.
re 4th quarter:
End of March 31- April 14th; possibly out by end of March; auditors are working with them right now.
Litigation:
Moving FWD with lawsuits; could take 2/3 years maybe 1 can be less; cannot guestimate 3-4 other lawsuits by the end of FEB with new attorneys. (20 some odd lawsuits) and these 3/4 will be BIG HITS;
Authentify and SFOR are friends and have agreements not to sue each other; received another sale from PROTECT ID; SFOR has many different types of 2fa and OOBA; facial recognition 2fa and potentially 3fa; push technology; all going after companies with their patents;
SFOR has utility/process patents until 2022; and good for 6 years after; "best kind of patents you can have"; millions of dollars
OOBA patent; increasing protect id product; guarded ID patent; 3 OOBA and 3 for keystroke; keystroke doing VERY VERY well; becoming more important every single day; being looked at by anti virus companies and starting to get sizable deals done in 1st quarter; resellers and SFOR making tons of money with keystroke encryption patents;
Working on new products that they can't talk about relating to mobile security; came out with push transactions; product should be available shortly; mobile is future; keyboard keystroke encryption which nobody else has ever done;
Growth:
Numbers have gone up drastically and do seem them to continue to grow.. Products are growing; amazon, mentioned top seller; additional marketing within AMAZON and additional companies selling the product in AMAZ. ACS has sold the product to MAJOR companies; mentioned you can see who they are when you go online. Finally got first sell with many others to come SFOR can't say anything until ACS PRs it. and will start increasing sales in the first quarter (large sells) not 4th quarter as imagined. WEBSITE will be released Friday.
re 4th quarter:
End of March 31- April 14th; possibly out by end of March; auditors are working with them right now.
Litigation:
Moving FWD with lawsuits; could take 2/3 years maybe 1 can be less; cannot guestimate 3-4 other lawsuits by the end of FEB with new attorneys. (20 some odd lawsuits) and these 3/4 will be BIG HITS;
Authentify and SFOR are friends and have agreements not to sue each other; received another sale from PROTECT ID; SFOR has many different types of 2fa and OOBA; facial recognition 2fa and potentially 3fa; push technology; all going after companies with their patents;
SFOR has utility/process patents until 2022; and good for 6 years after; "best kind of patents you can have"; millions of dollars
OOBA patent; increasing protect id product; guarded ID patent; 3 OOBA and 3 for keystroke; keystroke doing VERY VERY well; becoming more important every single day; being looked at by anti virus companies and starting to get sizable deals done in 1st quarter; resellers and SFOR making tons of money with keystroke encryption patents;
Working on new products that they can't talk about relating to mobile security; came out with push transactions; product should be available shortly; mobile is future; keyboard keystroke encryption which nobody else has ever done;
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