Strikeforce Technologies (SFOR) & Blocksafe Techno
Post# of 82672
Below is an incomplete collection of opinions and resources from various sources.
This document should not be considered financial advice. Investors should perform proper Due Diligence before investing. Investors should fully understand the risks of investing.
Use the clickable Table of Contents
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demo, patent, SCOTUS, PTAB, appeal, partner
Contents
Why look at Strikeforce Technologies and its subsidiary Blocksafe Technologies?
Company Info
Subsidiary: Blocksafe Technologies
Size potential of the cyber security marketplace
Price drivers
Patents
Patent lawsuits
Patent lawsuits- defendants company size in 2018
Patent lawsuits Federal Circuit appeal & pathway to resolving all other cases
Why look at Strikeforce Technologies and its subsidiary Blocksafe Technologies?
· The needs of the marketplace have finally caught up to the patents issued years ago
· US Patent and Trademark Office October 17, 2017 ruling in favor of Strikeforce
· The U.S. Supreme Court (SCOTUS) ruled Tuesday April 24, 2018 upholding the authority of the Patent Trial and Appeal Board.
· Patent infringement lawsuits brought by Strikeforce have been settled since November 2017
· Large deals are being done in the background
· Subsidiary offers security to crypowallets, exchanges, and blockchains
PAGE 2
Company Info
• Homepage http://strikeforcetech.com/
• OTCQB (Exchange) https://www.otcmarkets.com/stock/SFOR/overview
• SEC filings
o https://www.sec.gov/cgi-bin/browse-edgar?acti...efilings=0
o Filing deadlines
https://www.securexfilings.com/sec-deadlines/...al_Reports
• Trademarks
https://www.trademarkia.com/company-strikefor...6-page-1-2
• Press Release history with “Strikeforce Technologies”
o http://globenewswire.com/Search/NewsSearch?ke...amp;page=1
o https://www.newswire.com/newsroom/search?term...chnologies
• Company Twitter
tweets by SFOR: https://twitter.com/StrikeForceTech
• CEO Twitter
tweets by SFOR CEO- https://twitter.com/marklkay2
• Product demos
1. Strikeforce
Mobile Trust (Mobile Devices anti-keylogger protection and more)
https://youtu.be/11szu5L2FJU
GuardedID (Desktop Devices anti-keylogger protection and more)
https://youtu.be/qJyfD2IKsww
ProtectID (Out of band Authentication)
https://demo.strikeforcetech.com/pid2/
2. Advanced Cyber Security
Endpoint Lock (anti-keylogger protection and more)
https://www.youtube.com/watch?v=U2zK5L_IzqY
3. The Shopping Channel
GuardedID/Mobile Trust
https://www.theshoppingchannel.com/Computer-A...E:12258390
• “Strikeforce Technologies is a unique Cybersecurity Company for businesses & consumers that provides, “Out-of-Band Authentication” and “Endpoint Protection” using keystroke encryption, for signing on securely to your bank, broker, retail stores, etc. In addition, Strikeforce also provides mobile device security on your Apple or Android devices. StrikeForce’s three main products are ProtectID® (authentication), GuardedID® (keystroke encryption) and MobileTrust® (mobile device application), that protects you against hackers, thieves and others trying to steal your information.” https://www.strikeforcetech.com/
• Leadership http://www.strikeforcecpg.com/about/
1. CEO Mark Kay. Former CIO, COO and Managing Director of JPM
2. CTO, co-founder and inventor Ram Pemmaraiu
3. Executive VP and co-founder George Waller
4. Advisory Committee Chairman Steven I. Cooper. CIO of the Dept of Commerce, first CIO of Homeland Security, and former CIO of the Red Cross & FAA
https://www.youtube.com/watch?v=iNptEGmdD44&a...e=youtu.be
PAGE 3
Subsidiary: Blocksafe Technologies
5. Homepages
https://www.blocksafetech.com/
https://www.blocksafetech.io/ (token sale website)
6. SEC filings https://www.sec.gov/cgi-bin/browse-edgar?comp...getcompany
7. Press release history for Blocksafe Technologies
https://www.businesswire.com/portal/site/home...archPage=1
8. Product Demos
Crypto Defender
• Blocksafe Technologies, George Waller CEO
https://www.youtube.com/watch?v=j878CBcTeqU
• Reseller https://youtu.be/9Nbyx5KFfFU
Exchange Defender
Blockchain Defender
Blocksafe Technologies, George Waller CEO
https://www.youtube.com/watch?v=bykyvmYvVjQ
9. Ownership As of Dec 31, 2017
https://www.sec.gov/Archives/edgar/data/12855...or_10k.htm
"At present, we [Strikeforce Technologies] hold 49% of the issued and outstanding BlockSafe Technologies® common stock, with Mark L. Kay, Ramarao Pemmaraju, and, George Waller each a member of the BlockSafe Technologies® Advisory Board and individually holding 10.3% of the issued and outstanding common stock each, for a combined total of 31%"
10. 2018.01.09 https://www.globenewswire.com/news-release/20...s-Inc.html
11. Product timeline
https://www.blocksafetech.io/images/2.jpg
12. Blocksafe Technologies Advisor- Scott Schober
http://www.talkmarkets.com/content/us-markets...amp;page=3
https://scottschober.com/author/
13. Blocksafe white paper
https://www.blocksafetech.io/BlockSafeWhitepaper.pdf
CryptoDefender™ Version 1.0 developed and released in app stores
ExchangeDefender™ Version 1.0 developed and available for sale
BlockchainDefender™ proof-of-concept developed, Version 1.0 under development
Signed agreements with three resellers to distribute the products
In discussions with six wallet companies to distribute the products
In discussions with several exchanges to list the BSAFE™ token"
Equity is available for investments greater than $1,000,000.
CryptoDefender Projected Sales (monthly subscribers):
• 250,000 subscribers 1st year - $2.5M monthly ($30 Million Year)
• 1,000,000 subscribers 2nd year - $10M monthly ($120 Million Year)
• 2,500,000 subscribers 3rd year- $25M monthly ($300 Million Year)
PAGE 4
Size potential of the cyber security marketplace
• Multifactor Authentication market size across all sectors
o $2.3b in North America in 2017
https://www.transparencymarketresearch.com/mu...arket.html
https://www.transparencymarketresearch.com/im...market.jpg
o $5b Global market in 2016
https://www.grandviewresearch.com/industry-an...ion-market
https://www.grandviewresearch.com/static/img/...market.png
o $12.5b Global market in 2022
https://www.marketsandmarkets.com/Market-Repo...t-877.html
o Phone based solutions growing at 23.8% a year through 2022
http://www.abnewswire.com/pressreleases/phone...37020.html
• A partial view of the number of Endpoints
o https://www.mcafee.com/us/resources/brochures...-sheet.pdf
McAfee has:
85% of world’s largest banks
378 million total endpoints
o 25 million crypto wallets headed to 200m
https://blocksafetech.io/BlockSafeWhitepaper.pdf
PAGE 5
Patents
• OOB/MFA Patents:
o https://www.google.com/patents/US7870599
o https://www.google.com/patents/US8484698
o https://www.google.com/patents/US8713701
• Keystroke Encryption patents:
o https://www.google.com/patents/US8566608
o https://www.google.com/patents/US8732483
o https://www.google.com/patents/US8973107
Patent lawsuits
• Locate case information
o https://insight.rpxcorp.com/ent/425539-strike...corporated (for district courts)
o https://www.docketbird.com/federal-court-case...p;page=949
o https://www.pacer.gov/ (for Federal Circuit US Court of Appeals case# 18-1470)
o https://www.pacermonitor.com/pricing
o https://www.pacerpro.com
o https://www.courtlistener.com/
• Defendants being bought out:
o DUO, Acquired by CISCO for $2.35b
o Gemalto , acquired by Thales for $5b+
o SecureAuth, Merged with Core Security
o Trustwave, Acquired by SingTel , a $100b co
o Centrify, acquired by Thomas Bravo for $2.3b+
o PhoneFactor, acquired by Microsoft
• Attorneys
1. https://www.ropesgray.com/en/newsroom/rankings-awards
https://www.ropesgray.com/en/newsroom/ranking...018-A-List
Ropes & Gray ranked number one on The American Lawyer's 2018 "A-List," released today. This is the eighth consecutive year that the firm has been named to this key legal industry benchmark, ranking the firm among the “best of the best.”
https://www.ropesgray.com/en/biographies/h/do...-driemeier
https://investorshangout.com/post/view?id=4983034
https://investorshangout.com/post/view?id=4982916
https://www.ropesgray.com/en/utility/search-r...e&os=0
2. https://www.blankrome.com/services/intellectu...technology
PAGE 6
Patent lawsuits- defendants company size in 2018
• Win
1. 2017.10.17 US Patent and Trademark Office reaffirms the patents held by Strikeforce Technologies. “Mark Kay, CEO of Strikeforce, commented, “We are pleased with the PTAB’s decision to deny institution of the IPRs filed by Centrify, Duo, and Trustwave. We believe the PTAB’s decision further demonstrates the importance and value of StrikeForce’s inventions.”
https://jumpshare.com/v/8edDCebJyRqat1hn4s6p
https://www.globenewswire.com/news-release/20...4-698.html
• Settled
1. PhoneFactor/Microsoft
settled 2016.01.15
https://www.sec.gov/Archives/edgar/data/12855...for_8k.htm
https://www.pacermonitor.com/public/case/1308...Factor_Inc
https://www.pacermonitor.com/public/case/8419...orporation
2. Entrust
settled 2017.11.10
https://www.sec.gov/Archives/edgar/data/12855...for_8k.htm
https://www.pacermonitor.com/public/case/2093..._Inc_et_al
https://www.morningstar.com/news/business-wir...ation.html
https://investorshangout.com/post/view?id=4973627
3. Trustwave Holdings
settled 2017.12.04
https://www.sec.gov/Archives/edgar/data/12855...for_8k.htm
https://www.pacermonitor.com/public/case/1220...DINGS,_INC
PAGE 7
• Ongoing
1. Gemalto (stayed pending SecureAuth Corp. appeal)
https://www.gemalto.com/companyinfo
(Thales has offered to buy Gemalto https://www.gemalto.com/press-site/Documents/...od_eng.pdf )
https://www.pacermonitor.com/public/case/2085..._Inc_et_al
https://www.gemalto.com/investors/documents
2. Vasco Data Security (stayed pending SecureAuth Corp. appeal)
https://ir.vasco.com/static-files/5d3aec94-da...f493ea983b
https://www.pacermonitor.com/public/case/2085..._Inc_et_al
https://www.vasco.com/about-vasco/index.html
3. Centrify (stayed pending SecureAuth Corp. appeal)
https://www.pacermonitor.com/public/case/1220...ORPORATION
https://www.centrify.com/pricing/
4. Duo Security Inc. (stayed pending SecureAuth Corp. appeal)
https://duo.com/about/press/releases/duo-secu...innovation
https://www.pacermonitor.com/public/case/1220...CORPORATED
https://investorshangout.com/post/4959202/-SF...ents-This-
https://www.courtlistener.com/docket/4312470/...orporated/
https://duo.com/about/press
https://duo.com/pricing
5. SecureAuth Corp. (in appeal)
https://www.secureauth.com/company/newsroom/s...n-to-merge
Patent lawsuits Federal Circuit appeal & pathway to resolving all other cases
1. On March 16, 2017, StrikeForce sued SecureAuth in the Eastern District of Virginia for willfully infringing the Asserted Patents. Treble damages may be awarded for willful patent infringement. https://en.wikipedia.org/wiki/Treble_damages
2. On June 12, 2017 they moved the case to the California Central District Court
3. On September 20, 2017 SecureAuth plans to merge with Core Security
https://www.s ecureauth.com/blog/secureauth-merges-with-core-security
4. (case law) Strikeforce Technologies with legal team of Ropes and Gray in the USPTO Court (PTAB) won all challenges to StrikeForce's IP on October 16, 2017.
case IPR2017-01041
case IPR2017-01064
https://www.law360.com/patents/8484698/ptab_cases
https://jumpshare.com/v/8edDCebJyRqat1hn4s6p
https://globenewswire.com/news-release/2017/1...4-698.html
PAGE 8
5. SecureAuth in December 2017 won a dismissal by basically saying the patent is not valid because of the Alice 101. This is the opposite of what the USPTO (PTAB) had ruled two months earlier on October 17, 2017. http://www.patentdocs.org/2016/05/section-101...klash.html
6. The dismissal was appealed, and the other infringement cases were stayed.
7. (case law) A relevant case from The United States Court of Appeals for the Federal Circuit
February 8, 2018
STEVEN E. BERKHEIMER vs. HP INC., case 2017-1437
https://www.law360.com/articles/1060000/the-t...ear-report
"The Federal Circuit jolted the patent world with this February decision, and similar follow-on rulings, which collectively made it more challenging for accused infringers to knock out patents"
https://investorshangout.com/post/view?id=5080473
8. As pointed out in Rope's and Gray's appeal brief from March 26, 2018, the lower court made a number of mistakes. https://investorshangout.com/post/view?id=4985879
9. (case law)
Then the United States Supreme Court (SCOTUS) ruled on April 24, 2018 in a 7 to 2 decision that the USPTO has the Constitutional Right to decide the validity of a patent. https://www.law360.com/ip/articles/1013951 (The USPTO had already validated StrikeForce's patents on October 17, 2017.)
10. In the appeal reply brief by SecureAuth's attorney on May 7, 2018 https://jumpshare.com/v/qGPBC944xOGw8FIn1o6B
11. The Strikeforce reply to the SecureAuth brief was filed June 4, 2018. https://jumpshare.com/v/DTfcX8CMb23MRwOG01GX
12. The process is moving along. June 11, 2018
SFOR Appendix is filed for Appeal of SFOR vs. SecureAuth
https://jumpshare.com/v/tDD65VB293l4so6Q8f3Y
Both parties (SFOR and SecureAuth) are in compliance with Rule 33 having discussed settlement
• https://jumpshare.com/v/D9znqgHlxjcMstBLBIcu
• http://www.cafc.uscourts.gov/sites/default/fi...2.2017.pdf
13. (case law)
June 13, 2018 The Federal Circuit on Wednesday upheld a Patent Trial and Appeal Board decision that rejected challenges to three Transocean patents. Just days after hearing arguments, the appeals court affirmed, without explanation, the PTAB’s 2017 decision that Seadrill Americas Inc. failed to show parts of three Transocean Offshore Deepwater Drilling Inc. patents were invalid.
https://www.law360.com/ip/articles/1053315/fe...ampaign=ip
June 20 & 21, 2018 More affirmation of the Patent Trial and Appeal Board rulings by the Federal Circuit
https://investorshangout.com/post/view?id=5098926
14. (case law) June 22, 2018 US Supreme Court (SCOTUS) rules that patent holders can recover damages from overseas infringement of their patents.
https://www.law360.com/ip/articles/1047357
"The U.S. Supreme Court ruled Friday that a Schlumberger Ltd. unit can recover profits it lost outside the U.S. due to a rival’s infringement of its oil exploration patents, saying the Federal Circuit was wrong to hold that such damages cannot be awarded based on overseas conduct."
15. (case law) November 16, 2018 Federal Circuit Court of Appeals reverses and remands yet another one of numerous unrelated cases that had said a patent was invalid under the Alice standard. This is Precedential.
Same court as appeal (Federal Circuit Court of Appeals)
Same infringer defense team, Knobbe, Martens, Olson & Bear, LLP
Parallel argument, abstract idea and Alice 101 step 1
PAGE 9
Precedential decision
“we conclude that claim 1 of the ’941 patent is not directed to an abstract idea. Improving security here, against a computer’s unauthorized use of a program can be a non-abstract computer functionality improvement if done by a specific technique that departs from earlier approaches to solve a specific computer problem. “
http://www.cafc.uscourts.gov/search/node/ancora
http://www.cafc.uscourts.gov/sites/default/fi...6-2018.pdf
https://www.law360.com/ip/articles/1102847
http://www.cafc.uscourts.gov/sites/default/fi...6-2018.pdf
16. Citation of Supplemental Authority submitted November 27, 2018 to the 18-1470 docket by the team representing Strikeforce. See also November 16, 2018 above;
"Ancora confirms that these concrete improvements over prior art security systems, specifying a particular assignment of functionalities across the variously claimed components, are patent eligible. Ancora, slip op. at 10-11. Under Ancora, and this Court’s prior decisions, these claims are not abstract and are patent eligible under § 101. Accordingly, the district court’s ruling must be reversed."
Respectfully submitted, Douglas H. Hallward-Driemeier
https://investorshub.advfn.com/uimage/uploads...Update.png
17. Oral arguments of 15 minutes for each side have been scheduled for February 4, 2019
COMPILED BY GROW ... OUR THANKS TO YOU !!! CYBERC ... and learningthetruth Pugilista CyberJ baldeagle1 Hate Liars zpaul and the rest of the board !!!
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My comments are only my opinion and are not to be used for investment advice.
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