Where are we on 1-7-2019?
1. Live Deals
We have been waiting for well over a year for the testing period of signed contract deals to end. This excerpt is from the 11-19-2018 10Q : 'The Company’s ongoing strategy is developing and marketing its suite of network security products to the corporate, financial , healthcare, legal, government , technology, insurance , e-commerce and consumer sectors'.
Finally, after a long wait, we received the news we have been waiting for. This excerpt is from the 11-19-2018 10Q under :
'Recently Executed Distribution Agreements
In November 2018 , we executed two distribution agreements for our security products in the insurance and hospitality marketplaces , respectively. We anticipate that both agreements will result in a substantial increase in revenues in 2019 , although there can be no assurances of the anticipated results'.
Now we have live deals revenue-making deals that are active. Our Gallagher Affinity (360 Coverage Pros) research has been incredible. To think that millions of government contractors AND sub-contractors have to be compliant with new security standards and that SFOR's technology is the only one being offered by 360 Coverage Pros is amazing!
We also know that Bank of America, AON, The Army, Other Government agencies, First Data/Payment Card Industry (PCI) and others could have already started as well or could be hitting Monday to 32 days from now! Boy do we have exciting times just before us !!!
2. Blocksafe Technologies
Attached is new up-to-date information on BSafe's progress. Go to 'What we have accomplished so far'. WOW!!! Here are the highlights from the website :
• ExchangeDefender ™ Version 1.0 and CryptoDefender ™ Version 1.0 are both in production
• BlockchainDefender™ proof-of-concept
developed, Version 1.0 under
development – launch 2019
• Signed resellers to distribute the
products
• Signed MOU’s with wallet companies
distribute our products
• Signed MOU’s with Exchanges to
distribute our products
You can see the information for yourself here :
https://www.blocksafetech.io/InvestorDeck.pdf
George Waller had a milestone interview this week that hasn't received the attention it deserves. Quote from this week's interview :
'AT: What’s your hard cap?
GW: We already reached our soft cap , our hard cap is $27 million.
AT: You plan on offering enterprise software for securing exchanges. What’s the expected release date of this software?
GW: ExchangeDefender version 1.0 is available now '.
Notice this Blocksafe statement from the 11-19-2018 10Q :
Once BlockSafe reaches a milestone of $1,000,000 in financing, an additional management fee of $5,000,000 shall be owed to the Company by BlockSafe in the form of a monthly payment of $138,889 for a period of three years . Additionally, the Company retains the right to use and market BlockSafe’s patent pending Blockchain Defender™ product, perpetually, for a royalty fee of 15% .
Blocksafe could become a billion dollar powerhouse with lightnening speed!!! We'll be watching !
3. Lawsuits
I have attached links to previous posts that detail why everyone is so excited about the imminent reversal of the SecureAuth 35 U.S.C. 101 decision. Here is an excerpt is from the recent 11-19-2018 3rd quarter 10Q :
'On December 1, 2017, The United States District Court for the Central District of California issued an opinion in the StrikeForce Technologies, Inc. v. SecureAuth Corp . case, which invalidated claims of U.S. Patent Nos. 7,870,599, 8,484,698 and 8,713,701 under 35 U.S.C. §101. The Company strongly disagrees with the Court’s decision and an appeal has been prepared by the Company’s attorney. The Company has agreed to stay its patent litigations in the District of New Jersey against Centrify Corp. and Duo Security Inc. pending the appeal . The Company believes that the litigations currently pending in the District of Massachusetts should also be stayed pending appeal and is discussing such a motion with the defendants in that case. The Company expects the Court will rule on the appeal in early 2019. However, the Company cannot guarantee that the appeal will be ruled upon in that time frame, or of the outcome of the ruling.
On December 4, 2017, StrikeForce Technologies, Inc. v. Trustwave Holdings, Inc., Civil Action No. 2:16-cv-03573-JMV-MF which was pending in the United States District Court for the District of New Jersey, was settled.
Trustwave’s infringing sales were made as an OEM of Duo Security Incorporated. The Company agreed to dismiss its claims against Trustwave because they were essentially duplicative of its claims against Duo Security Incorporated pursuant to StrikeForce Technologies, Inc . v. Duo Security Incorporated , Civil Action No. 2:16-cv-03571'.
On June 6th, 2017 George Waller submitted a document to the court that estimated that Duo Security is infringing on SFOR patents for approximately 73 million dollars per year. But with the Cisco purchase of Duo for $2.35 billion, the infringement case could be worth MANY hundreds of millions OR MORE! This is the Mother load and court documents have already revealed to us that settlement negotiations were well along after the glorious PTAB victory in October 2017. As the years go by with continued infringement, the price tag becomes enormous. The Cisco purchase has finally put a definitive dollar value to the worth of SFOR patents.
Could we see SFOR PPS be over a dollar within the next few months? With recent events unfolding, those of us that follow daily events can see it now!
Our great patience will be rewarded. Stay the course. Savor those SFOR shares. Real investing can be boring and has been for a good portion of the past two years but excitement is definitely churning. It looks like euphoria is beckoning at the door ...
1. Live Deals
We have been waiting for well over a year for the testing period of signed contract deals to end. This excerpt is from the 11-19-2018 10Q : 'The Company’s ongoing strategy is developing and marketing its suite of network security products to the corporate, financial , healthcare, legal, government , technology, insurance , e-commerce and consumer sectors'.
Finally, after a long wait, we received the news we have been waiting for. This excerpt is from the 11-19-2018 10Q under :
'Recently Executed Distribution Agreements
In November 2018 , we executed two distribution agreements for our security products in the insurance and hospitality marketplaces , respectively. We anticipate that both agreements will result in a substantial increase in revenues in 2019 , although there can be no assurances of the anticipated results'.
Now we have live deals revenue-making deals that are active. Our Gallagher Affinity (360 Coverage Pros) research has been incredible. To think that millions of government contractors AND sub-contractors have to be compliant with new security standards and that SFOR's technology is the only one being offered by 360 Coverage Pros is amazing!
We also know that Bank of America, AON, The Army, Other Government agencies, First Data/Payment Card Industry (PCI) and others could have already started as well or could be hitting Monday to 32 days from now! Boy do we have exciting times just before us !!!
2. Blocksafe Technologies
Attached is new up-to-date information on BSafe's progress. Go to 'What we have accomplished so far'. WOW!!! Here are the highlights from the website :
• ExchangeDefender ™ Version 1.0 and CryptoDefender ™ Version 1.0 are both in production
• BlockchainDefender™ proof-of-concept
developed, Version 1.0 under
development – launch 2019
• Signed resellers to distribute the
products
• Signed MOU’s with wallet companies
distribute our products
• Signed MOU’s with Exchanges to
distribute our products
You can see the information for yourself here :
https://www.blocksafetech.io/InvestorDeck.pdf
George Waller had a milestone interview this week that hasn't received the attention it deserves. Quote from this week's interview :
'AT: What’s your hard cap?
GW: We already reached our soft cap , our hard cap is $27 million.
AT: You plan on offering enterprise software for securing exchanges. What’s the expected release date of this software?
GW: ExchangeDefender version 1.0 is available now '.
Notice this Blocksafe statement from the 11-19-2018 10Q :
Once BlockSafe reaches a milestone of $1,000,000 in financing, an additional management fee of $5,000,000 shall be owed to the Company by BlockSafe in the form of a monthly payment of $138,889 for a period of three years . Additionally, the Company retains the right to use and market BlockSafe’s patent pending Blockchain Defender™ product, perpetually, for a royalty fee of 15% .
Blocksafe could become a billion dollar powerhouse with lightnening speed!!! We'll be watching !
3. Lawsuits
I have attached links to previous posts that detail why everyone is so excited about the imminent reversal of the SecureAuth 35 U.S.C. 101 decision. Here is an excerpt is from the recent 11-19-2018 3rd quarter 10Q :
'On December 1, 2017, The United States District Court for the Central District of California issued an opinion in the StrikeForce Technologies, Inc. v. SecureAuth Corp . case, which invalidated claims of U.S. Patent Nos. 7,870,599, 8,484,698 and 8,713,701 under 35 U.S.C. §101. The Company strongly disagrees with the Court’s decision and an appeal has been prepared by the Company’s attorney. The Company has agreed to stay its patent litigations in the District of New Jersey against Centrify Corp. and Duo Security Inc. pending the appeal . The Company believes that the litigations currently pending in the District of Massachusetts should also be stayed pending appeal and is discussing such a motion with the defendants in that case. The Company expects the Court will rule on the appeal in early 2019. However, the Company cannot guarantee that the appeal will be ruled upon in that time frame, or of the outcome of the ruling.
On December 4, 2017, StrikeForce Technologies, Inc. v. Trustwave Holdings, Inc., Civil Action No. 2:16-cv-03573-JMV-MF which was pending in the United States District Court for the District of New Jersey, was settled.
Trustwave’s infringing sales were made as an OEM of Duo Security Incorporated. The Company agreed to dismiss its claims against Trustwave because they were essentially duplicative of its claims against Duo Security Incorporated pursuant to StrikeForce Technologies, Inc . v. Duo Security Incorporated , Civil Action No. 2:16-cv-03571'.
On June 6th, 2017 George Waller submitted a document to the court that estimated that Duo Security is infringing on SFOR patents for approximately 73 million dollars per year. But with the Cisco purchase of Duo for $2.35 billion, the infringement case could be worth MANY hundreds of millions OR MORE! This is the Mother load and court documents have already revealed to us that settlement negotiations were well along after the glorious PTAB victory in October 2017. As the years go by with continued infringement, the price tag becomes enormous. The Cisco purchase has finally put a definitive dollar value to the worth of SFOR patents.
Could we see SFOR PPS be over a dollar within the next few months? With recent events unfolding, those of us that follow daily events can see it now!
Our great patience will be rewarded. Stay the course. Savor those SFOR shares. Real investing can be boring and has been for a good portion of the past two years but excitement is definitely churning. It looks like euphoria is beckoning at the door ...
19
