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  4. Zerify Inc (ZRFY) Message Board

This is why I am concerned about the continuing re

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Post# of 82686
(Total Views: 240)
Posted On: 02/02/2018 3:46:14 PM
Posted By: 4sleddogs
Re: Fiat123 #16474
This is why I am concerned about the continuing resolution. Until a funding authorization bill is passed by Congress any Department's or Agency's contracting officers are forbidden, by law, to obligate those new funds to ACS or any vendor for items not already in the procurement pipeline. Even if ACS gets a contract in March they then have to: deliver our goods, get paid, then pay SFOR. That payment would then show up, with non-attribution, on the 2Q18, because of the Federal Government's Confidentiality Statement vendors have to sign. So don't expect an 8-K. Uncle Sam keeps his COMSEC cards pretty close to his chest. However, if there is no figure in the 2Q18 accounts receivables that will indicate to me a different vendor may have been chosen. That is when I will sell my position. Even my patience is not unlimited.


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