What we know about the ACS/DSS deal thus far: 1
Post# of 82670
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Posted On: 03/11/2019 11:18:05 PM
What we know about the ACS/DSS deal thus far:
1. Former ACS CEO is on the (DSS) Document Security Systems Board of Directors as of last month according to the below 8K link. Also, according to the same 8K they are making a 1/2 million dollar payment to ACS. MY THOUGHT HERE...SFOR will NOT Press Release a Channel Partner deal (i.e. Think of the large Gallagher Affinity deal) but Mark Kay said that all of us will be told about this deal 'ONCE DETAILS ARE FINALIZED'. What? That means that they must either be receiving money, deals are starting now with revenues or are starting to come in. Otherwise, they would not PR a Channel Partner deal. This is unless Mark means that he will let us all know by Tweeting but he never said anything like that during the Gallagher deal.
I have picked up over 10 million shares thus during this period. I believe those shares will be much more valuable shortly because something big is here :
https://www.sec.gov/Archives/edgar/data/77199...orm8-k.htm
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective on February 14, 2019 , the Board of Directors of Document Security Systems, Inc. (the “Company”) elected Daniel Del Giorno as a non-executive member of the Company’s Board of Directors (the “Board”) to fill a vacancy on the Board. Mr. Del Giorno has served as the Chief Executive Officer of Advanced Cyber Security Corp. since 2012. Mr. Del Giorno has over 30 years of experience in the areas of technology development and marketing, both as an executive and a consultant, which experience the Company believes will bolster the Company’s ability to continue to develop and grow its technology licensing business. The Company, through one of its subsidiaries, intends to enter in to a technology licensing transaction with Advanced Cyber Security Corp. The licensing fee for such transaction will be a one-time $500,000 sum, payable partially in cash, and partially in the Company’s common stock . As such, Mr. Del Giorno, as Chief Executive Officer of Advanced Cyber Security Corp., will be considered by the Company to be a non-independent, non-executive Board member, and as such will not serve on any of the Board’s subcommittees.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
DOCUMENT SECURITY SYSTEMS, INC.
Dated: February 15, 2019
Jeffrey Ronaldi
Chief Executive Officer
___________________________________________________
2. DSS future focus is on now on what ACS & SFOR do best according to the below press release !!
DSS: Initiating Coverage of Document Security Systems An Innovator in Anti-Counterfeiting with a Unique Smartphone Based Solution
Zacks Small Cap Research
October 17, 2018
By Lisa Thompson
NYSE
SS
Document Security Systems (DSS) is a decades old company with expertise in security printing, but with revenues that have been flat for the past few years. Sales are primarily from printing and packaging, but future growth is expected come from its anti-counterfeiting and authentication expertise, which has resulted in a new SaaS product that is just beginning to make inroads with customers.
DSS has introduced a unique and patented authentication solution that enables corporate customers, as well as end user consumers, to track and authenticate products throughout the supply chain. Its novel approach, which uses double blind labeling, competes with taggants and RFID tracking but is far cheaper and can be used without specialized equipment. The system allows anyone with a smartphone to scan a product to determine if it is genuine . It is competing with solutions that require specialized hardware to determine authenticity--- putting it outside the reach of the consumer customer. We believe its technology would be of huge benefit for highly counterfeited consumer products such as those sold by Gucci, Tiffany, and Rolex, and industrial and OEM products such as those sold by GM and Samsung. It could reduce counterfeiting, shrinkage, and warranty fraud by orders of magnitude for any company implementing it. It can enable both consumers and reseller platforms like EBAY to easily determine whether a product is authentic, which not only would be a game changer in commerce, but also could save lives when used with pharmaceuticals, vitamins, and even baby formula.
The company has its first Fortune 50 customer for this product, called “AuthentiGuard,” and expects other customers to sign on in the next few months as they see the unique value in its solution . We believe an increase in marketing effort, combined with a high-visibility reference customer, could be the catalysts to rapid growth for DSS. We think if the company could land a marque reference customer, it would gain the publicity to cross the chasm to acceptance resulting in rapid growth.
DSS has had a recent revamp of its board of directors. Shareholders have elected a slate of members eager to push a growth strategy after years of complacency. The board is now composed of directors that want to invest in technology, sales, and marketing to grow.
DSS has a uniquely structured IP enforcement business that has seven different actions in process in areas of LED and Bluetooth technology that could be monetized in the next few years. Its biggest potential win is a suit against Apple for Bluetooth technology, which is used in virtually all its products. On July 28, 2018, the court lifted the stay in the suit after the decision of PTAB against DSS was reversed. The company is now awaiting results of its Markman and a trial date. The company has recently restructured its IP enforcement efforts to avoid costs while allowing it to participate in the upside of successful monetization events.
At an enterprise value of $17 million, which is only 0.9 times EV to its trailing 12-month sales we believe the stock has considerable upside should the company begin to show signs of growth. Based on metrics of its peer group, we believe it is worth $2.27 per share using a blended average EV/sales of 1.8 times and an estimate of $21.0 million in sales in 2019. Any upside from the successful resolution of its IP enforcement efforts has not been factored into this valuation and adds considerable incremental potential for shareholders. Near term we believe announcements of new customer wins could drive the stock.
3. This deal has generated significant excitement for DSS.
Document Security Systems, Inc. (DSS): A Buffett-Style Stock For The Long Run
By Rob Hiaasen - March 11, 2019
https://postanalyst.com/2019/03/11/document-s...-long-run/
Document Security Systems, Inc. (NYSE SS) has made a 116.13% comeback from a 12-month low price of $0.62. It was seen 4.69% higher, changing the price to $1.34, when the closing bell rang on 3/8/2019. At a recent session, the prices were hovering between $1.271 and $1.4. This company shares are 347.76% off its target price of $6 and the current market capitalization stands at $21.49M. The recent change has given its price a 33.03% lead over SMA 50 and -32.66% deficit over its 52-week high. The stock witnessed 15.52% gains, 44.09% gains and 6.35% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found DSS’s volatility during a week at 25.2% and during a month it has been found around 11.45%.
Document Security Systems, Inc. (DSS) Top Holders
Institutional investors currently hold around $1 million or 3.4% in DSS stock. Look at its top three institutional owners: Renaissance Technologies Llc owns $301 thousand in Document Security Systems, Inc., which represents roughly 1.4% of the company’s market cap and approximately 30.1% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 113,557 shares of the stock are valued at $152 thousand. The third largest holder is Royal Bank Of Canada, which currently holds $78 thousand worth of this stock and that ownership represents nearly 0.36% of its market capitalization.
At the end of December reporting period, 8 institutional holders increased their position in Document Security Systems, Inc. (NYSE SS) by some 121,620 shares, 8 decreased positions by 149,180 and 2 held positions by 289,424. That puts total institutional holdings at 560,224 shares, according to SEC filings. The stock grabbed 3 new institutional investments totaling 43,135 shares while 4 institutional investors sold out their entire positions totaling 12,761 shares.
Document Security Systems, Inc. (DSS) on March 5, 2019 announced that it has signed an exclusive Master Distributor Agreement with Advanced Cyber Security Corp. (“ACS”) to distribute their EndpointLockV™ cyber security software exclusively in thirteen countries in Asia and Australia, and EndpointLockI™ non-exclusively, in the U.S. and Middle East .
EndpointLockV software solves a worldwide security threat that has been instrumental in the early advancement of the biggest breaches of our time. This threat is known as keylogging spyware, which has become a main component in cyberattacks. Until now, cyber security teams have not been successful in protecting against keyloggers, which are commonly downloaded as a result of clicking on an infected link inside an email, text or web page. This practice of tricking unsuspecting victims into clicking on links that look legitimate is called “phishing”. According to recent reports, “phishing was found in 90% of breaches and 95% of phishing attempts that led to a breach, were followed by software installation, including keyloggers.”
“Keylogging spyware has become a problem that is global in scope. It steals every keystroke typed into a PC or mobile device including login credentials, credit card and banking info and other sensitive data. The rapidly growing costs of cybercrime and the increasing rate of digital connectivity will drive the rate of spending in cyber security in the coming years. DSS believes EndpointLockV is the missing link for credential and data protection,” said Mr. Fai H. Chan, CEO of DSS International.
1. Former ACS CEO is on the (DSS) Document Security Systems Board of Directors as of last month according to the below 8K link. Also, according to the same 8K they are making a 1/2 million dollar payment to ACS. MY THOUGHT HERE...SFOR will NOT Press Release a Channel Partner deal (i.e. Think of the large Gallagher Affinity deal) but Mark Kay said that all of us will be told about this deal 'ONCE DETAILS ARE FINALIZED'. What? That means that they must either be receiving money, deals are starting now with revenues or are starting to come in. Otherwise, they would not PR a Channel Partner deal. This is unless Mark means that he will let us all know by Tweeting but he never said anything like that during the Gallagher deal.
I have picked up over 10 million shares thus during this period. I believe those shares will be much more valuable shortly because something big is here :
https://www.sec.gov/Archives/edgar/data/77199...orm8-k.htm
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective on February 14, 2019 , the Board of Directors of Document Security Systems, Inc. (the “Company”) elected Daniel Del Giorno as a non-executive member of the Company’s Board of Directors (the “Board”) to fill a vacancy on the Board. Mr. Del Giorno has served as the Chief Executive Officer of Advanced Cyber Security Corp. since 2012. Mr. Del Giorno has over 30 years of experience in the areas of technology development and marketing, both as an executive and a consultant, which experience the Company believes will bolster the Company’s ability to continue to develop and grow its technology licensing business. The Company, through one of its subsidiaries, intends to enter in to a technology licensing transaction with Advanced Cyber Security Corp. The licensing fee for such transaction will be a one-time $500,000 sum, payable partially in cash, and partially in the Company’s common stock . As such, Mr. Del Giorno, as Chief Executive Officer of Advanced Cyber Security Corp., will be considered by the Company to be a non-independent, non-executive Board member, and as such will not serve on any of the Board’s subcommittees.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
DOCUMENT SECURITY SYSTEMS, INC.
Dated: February 15, 2019
Jeffrey Ronaldi
Chief Executive Officer
___________________________________________________
2. DSS future focus is on now on what ACS & SFOR do best according to the below press release !!
DSS: Initiating Coverage of Document Security Systems An Innovator in Anti-Counterfeiting with a Unique Smartphone Based Solution
Zacks Small Cap Research
October 17, 2018
By Lisa Thompson
NYSE
SS Document Security Systems (DSS) is a decades old company with expertise in security printing, but with revenues that have been flat for the past few years. Sales are primarily from printing and packaging, but future growth is expected come from its anti-counterfeiting and authentication expertise, which has resulted in a new SaaS product that is just beginning to make inroads with customers.
DSS has introduced a unique and patented authentication solution that enables corporate customers, as well as end user consumers, to track and authenticate products throughout the supply chain. Its novel approach, which uses double blind labeling, competes with taggants and RFID tracking but is far cheaper and can be used without specialized equipment. The system allows anyone with a smartphone to scan a product to determine if it is genuine . It is competing with solutions that require specialized hardware to determine authenticity--- putting it outside the reach of the consumer customer. We believe its technology would be of huge benefit for highly counterfeited consumer products such as those sold by Gucci, Tiffany, and Rolex, and industrial and OEM products such as those sold by GM and Samsung. It could reduce counterfeiting, shrinkage, and warranty fraud by orders of magnitude for any company implementing it. It can enable both consumers and reseller platforms like EBAY to easily determine whether a product is authentic, which not only would be a game changer in commerce, but also could save lives when used with pharmaceuticals, vitamins, and even baby formula.
The company has its first Fortune 50 customer for this product, called “AuthentiGuard,” and expects other customers to sign on in the next few months as they see the unique value in its solution . We believe an increase in marketing effort, combined with a high-visibility reference customer, could be the catalysts to rapid growth for DSS. We think if the company could land a marque reference customer, it would gain the publicity to cross the chasm to acceptance resulting in rapid growth.
DSS has had a recent revamp of its board of directors. Shareholders have elected a slate of members eager to push a growth strategy after years of complacency. The board is now composed of directors that want to invest in technology, sales, and marketing to grow.
DSS has a uniquely structured IP enforcement business that has seven different actions in process in areas of LED and Bluetooth technology that could be monetized in the next few years. Its biggest potential win is a suit against Apple for Bluetooth technology, which is used in virtually all its products. On July 28, 2018, the court lifted the stay in the suit after the decision of PTAB against DSS was reversed. The company is now awaiting results of its Markman and a trial date. The company has recently restructured its IP enforcement efforts to avoid costs while allowing it to participate in the upside of successful monetization events.
At an enterprise value of $17 million, which is only 0.9 times EV to its trailing 12-month sales we believe the stock has considerable upside should the company begin to show signs of growth. Based on metrics of its peer group, we believe it is worth $2.27 per share using a blended average EV/sales of 1.8 times and an estimate of $21.0 million in sales in 2019. Any upside from the successful resolution of its IP enforcement efforts has not been factored into this valuation and adds considerable incremental potential for shareholders. Near term we believe announcements of new customer wins could drive the stock.
3. This deal has generated significant excitement for DSS.
Document Security Systems, Inc. (DSS): A Buffett-Style Stock For The Long Run
By Rob Hiaasen - March 11, 2019
https://postanalyst.com/2019/03/11/document-s...-long-run/
Document Security Systems, Inc. (NYSE
SS) has made a 116.13% comeback from a 12-month low price of $0.62. It was seen 4.69% higher, changing the price to $1.34, when the closing bell rang on 3/8/2019. At a recent session, the prices were hovering between $1.271 and $1.4. This company shares are 347.76% off its target price of $6 and the current market capitalization stands at $21.49M. The recent change has given its price a 33.03% lead over SMA 50 and -32.66% deficit over its 52-week high. The stock witnessed 15.52% gains, 44.09% gains and 6.35% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found DSS’s volatility during a week at 25.2% and during a month it has been found around 11.45%. Document Security Systems, Inc. (DSS) Top Holders
Institutional investors currently hold around $1 million or 3.4% in DSS stock. Look at its top three institutional owners: Renaissance Technologies Llc owns $301 thousand in Document Security Systems, Inc., which represents roughly 1.4% of the company’s market cap and approximately 30.1% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 113,557 shares of the stock are valued at $152 thousand. The third largest holder is Royal Bank Of Canada, which currently holds $78 thousand worth of this stock and that ownership represents nearly 0.36% of its market capitalization.
At the end of December reporting period, 8 institutional holders increased their position in Document Security Systems, Inc. (NYSE
SS) by some 121,620 shares, 8 decreased positions by 149,180 and 2 held positions by 289,424. That puts total institutional holdings at 560,224 shares, according to SEC filings. The stock grabbed 3 new institutional investments totaling 43,135 shares while 4 institutional investors sold out their entire positions totaling 12,761 shares. Document Security Systems, Inc. (DSS) on March 5, 2019 announced that it has signed an exclusive Master Distributor Agreement with Advanced Cyber Security Corp. (“ACS”) to distribute their EndpointLockV™ cyber security software exclusively in thirteen countries in Asia and Australia, and EndpointLockI™ non-exclusively, in the U.S. and Middle East .
EndpointLockV software solves a worldwide security threat that has been instrumental in the early advancement of the biggest breaches of our time. This threat is known as keylogging spyware, which has become a main component in cyberattacks. Until now, cyber security teams have not been successful in protecting against keyloggers, which are commonly downloaded as a result of clicking on an infected link inside an email, text or web page. This practice of tricking unsuspecting victims into clicking on links that look legitimate is called “phishing”. According to recent reports, “phishing was found in 90% of breaches and 95% of phishing attempts that led to a breach, were followed by software installation, including keyloggers.”
“Keylogging spyware has become a problem that is global in scope. It steals every keystroke typed into a PC or mobile device including login credentials, credit card and banking info and other sensitive data. The rapidly growing costs of cybercrime and the increasing rate of digital connectivity will drive the rate of spending in cyber security in the coming years. DSS believes EndpointLockV is the missing link for credential and data protection,” said Mr. Fai H. Chan, CEO of DSS International.
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