I paid for the article....good insight...just some
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Posted On: 04/26/2019 9:02:58 PM
I paid for the article....good insight...just some key parts I posted....
TWST: Please update us on the key changes at StrikeForce since we spoke last year.
Mr. Kay: The good news is that one of our better deals has now come through, and we’re starting to get some cash for it and some money to do the work that they need done. And it’s just the beginning of what we’re doing. It’s with an international company, through our channel partner, and it’s a deal we’ve been waiting for, for three years. So we definitely are getting cash to do the work, and we’re starting to get paid from the beginning of the deal. This deal could lead into millions in the first year’s time. So we are feeling really good about it.
TWST: Can you give us more detail about how the deal will be structured and who it’s with?
Mr. Kay: This is through a channel partner of StrikeForce’s. It’s through ACS, or Cyber Security as we know it, which is the real name. And so Cyber Security has closed the deal, and we’re now doing work for them, and we’ve actually been on a phone call very recently talking about how that work is going. We have a number of months to get this done. It’s really an Asian-type deal that would go through Singapore and China, mainly a China company, and through Tokyo, etc. However, it’s an American channel partner company that we’re working through.
TWST: Looks like you’ve garnered some good news and some bad news, a patent infringement setback. But despite that, the StrikeForce share price spiked 60%. Give us a closer look at the ups and downs of this story.
Mr. Kay: The patent problem we’ve had is not strictly ours alone. That’s happened in the whole marketplace where 101s started gaining a lot of momentum, and then, all of a sudden, the government started realizing that is a real problem. Because by appealing 101s, that’s going to be putting the patent office potentially out of business.
Then, right after the patent news came out that we were losing the patents and we were losing the appeal, the numbers did start going down quite a bit, but the share price held up and, soon after, kept going up because patents aren’t the majority of our cases. It’s our revenues and our products that are so real, and we’re still pushing them real hard. Even though we think we’re going to possibly win the patents, that’s not key to us right now.
TWST: Please update us on the key changes at StrikeForce since we spoke last year.
Mr. Kay: The good news is that one of our better deals has now come through, and we’re starting to get some cash for it and some money to do the work that they need done. And it’s just the beginning of what we’re doing. It’s with an international company, through our channel partner, and it’s a deal we’ve been waiting for, for three years. So we definitely are getting cash to do the work, and we’re starting to get paid from the beginning of the deal. This deal could lead into millions in the first year’s time. So we are feeling really good about it.
TWST: Can you give us more detail about how the deal will be structured and who it’s with?
Mr. Kay: This is through a channel partner of StrikeForce’s. It’s through ACS, or Cyber Security as we know it, which is the real name. And so Cyber Security has closed the deal, and we’re now doing work for them, and we’ve actually been on a phone call very recently talking about how that work is going. We have a number of months to get this done. It’s really an Asian-type deal that would go through Singapore and China, mainly a China company, and through Tokyo, etc. However, it’s an American channel partner company that we’re working through.
TWST: Looks like you’ve garnered some good news and some bad news, a patent infringement setback. But despite that, the StrikeForce share price spiked 60%. Give us a closer look at the ups and downs of this story.
Mr. Kay: The patent problem we’ve had is not strictly ours alone. That’s happened in the whole marketplace where 101s started gaining a lot of momentum, and then, all of a sudden, the government started realizing that is a real problem. Because by appealing 101s, that’s going to be putting the patent office potentially out of business.
Then, right after the patent news came out that we were losing the patents and we were losing the appeal, the numbers did start going down quite a bit, but the share price held up and, soon after, kept going up because patents aren’t the majority of our cases. It’s our revenues and our products that are so real, and we’re still pushing them real hard. Even though we think we’re going to possibly win the patents, that’s not key to us right now.
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