"While on my soapbox, my estimate says the company
Post# of 82672
Using your $25M/year in revs. I believe that by the second year the valuation would be much higher base a few things.
If SFOR received $25M from settlements in 2018:
Attorney would get 40%+/- ($10M)
Litigation finance companies would get the $1.5M (principal gets paid back imediately) and $2.35M (10% on balance of settlement after the $1.5M)
That leaves SFOR with $11.15M to hopefully pay down some debt. This would cover most of their outstanding debt. So the following settlement would leave SFOR in great possition to possibly pay off Dart, SIG and executive loans.
If sfor receives $25M from anything other than settlements:
Pay taxes on any realized gains (but due to debt and to keep math simple lets just take $20M after taxes)
Due to attorneys is $0
Due to litigation financing is $0
Pay off debt $11M +/-
That leaves SFOR with 9M to operate and settle with Dart, SIG and executive loans.
Therefore in 2018 SFOR could possibly owe no one a dime. Only Litigation finance companies (they only get paid 10% then drops to 2% of any future settlements) would be left.
Dont forget ACS owes SFOR $9M for the keystroke encryption patents.
All speculation.
IMO