PIPE STOCKs on ihub Response from Mark Kay to m
Post# of 82672
Response from Mark Kay to my questions via email. He is very efficient to communicate and answer question of shareholders.
Take your own conclusion out of it but according to what I read This is a great move that won't cost money to Strikeforce since Blocksafe will do an ICO to fund itself and its operations.
I am also loaded in cryptos and this type of security is really needed in this space. Numbers are growing fast everybody is making money and people as wells and networks and institutions want to be protected.
Below you ill find his answers to some of my questions:
Keeping in mind StrikeForce is a public company, so I can only say so much and can't tell you anything we didn't tell everyone. Here are your answers:
1) BlockSafe is a subsidiary of StrikeForce that is private.
2) StrikeForce receives a royalty on its licenses it provides BlockSafe and the amount is private.
3) StrikeForce is doing the development on its products for the features of BlockSafe based on an agreement we have with them. Yes, we get paid for that work.
4) Yes, we are on target for closing the deals we talked about during the 4th qtr, they just got major delayed as typical. I can't give the percentages but they are mostly through our channel partners and there are many of them.
5) Yes, the litigations take time by court rulings, but we still feel pretty strong about them. We can't tell you what we are doing exactly, but keep in mind we wouldn't be doing this if we didn't think we can make a lot of money and definitely are on target. The best thing and only thing I can say is stay tuned.
Thanks
Mark