The revenue from ACS deals to SFOR are as follows:
Post# of 82671
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Posted On: 10/20/2017 11:04:20 AM
The revenue from ACS deals to SFOR are as follows:
Through 9/2020:
15% of all Keystroke Encryption products sold by ACS
20% when Protectid and Keystroke Encryption (Cygate product) are sold by ACS
100% of Keystroke Encryption when SFOR sells (through retail only)
100% of Protectid when SFOR sells (to anyone). The lawsuit settlements do NOT go to ACS.
AFTER 9/2020:
SFOR holds license (Keystroke Patents ONLY are transfered to ACS on this date if $9Million is paid in full) for Keystroke Encryption products and . pays a royalty to ACS (through retail only). All other sales go through ACS.
SFOR received a percentage for Protectid that is sold (SFOR did not sell PROTECTID PATENTS to ACS). Not sure what the percent is.
SFOR owns and collects 100% of Protectid it sells and settles for in litigation (this may continue for many years to come because 20‑30 more are . lined up for lawsuits).
Keep in mind that SFOR will be looking to get purchased once litigation and deals through their channel partners are collected on.
Most of the industry has been stealing their patented products and undermining SFOR in their efforts to grow. SFOR has spent 10's of millions on R&D that none of their competitors had to, so they sold licensing for cheaper than SFOR. Hence the lawsuits.
The PTAB just gave us a landmark win after 3 of the infringers challenged the validity of the patens. SFOR won the challege just this week on every claim brought on by the infringers.
Hope this helps.
verify all, the ACS and SFOR deal is in the filings.
IMO
Through 9/2020:
15% of all Keystroke Encryption products sold by ACS
20% when Protectid and Keystroke Encryption (Cygate product) are sold by ACS
100% of Keystroke Encryption when SFOR sells (through retail only)
100% of Protectid when SFOR sells (to anyone). The lawsuit settlements do NOT go to ACS.
AFTER 9/2020:
SFOR holds license (Keystroke Patents ONLY are transfered to ACS on this date if $9Million is paid in full) for Keystroke Encryption products and . pays a royalty to ACS (through retail only). All other sales go through ACS.
SFOR received a percentage for Protectid that is sold (SFOR did not sell PROTECTID PATENTS to ACS). Not sure what the percent is.
SFOR owns and collects 100% of Protectid it sells and settles for in litigation (this may continue for many years to come because 20‑30 more are . lined up for lawsuits).
Keep in mind that SFOR will be looking to get purchased once litigation and deals through their channel partners are collected on.
Most of the industry has been stealing their patented products and undermining SFOR in their efforts to grow. SFOR has spent 10's of millions on R&D that none of their competitors had to, so they sold licensing for cheaper than SFOR. Hence the lawsuits.
The PTAB just gave us a landmark win after 3 of the infringers challenged the validity of the patens. SFOR won the challege just this week on every claim brought on by the infringers.
Hope this helps.
verify all, the ACS and SFOR deal is in the filings.
IMO
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