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  4. Zerify Inc (ZRFY) Message Board

That’s right Erie due to the consolidated requir

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Post# of 82686
(Total Views: 455)
Posted On: 05/21/2019 9:24:50 AM
Posted By: undervaluedstocks
Re: erieshore #54668
That’s right Erie due to the consolidated requirements brought about by the ownership stakes of SFOR and its officers, this brings the total deemed ownership up to a high level. It would be incorrect on financials based on current GAAP standards and how the auditors have researched how to treat the payments. That’s not what anyone told me but that’s what I do for a trade and I know how auditors work. The thing to remember here though is when the money is transferred that SFOR has the right to use it. Recognizing it as revenue, however cannot be done with the current ownership the way it is. It could be possible in the future for the ownership to change as a result of the STO and such. Once we start receiving the payments though it will be game changing for SFOR and so will it be when ambassadors start making money from BSAFE because that means SFOR gets its share in January 2020 as well. Everything is coming together for us.


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My comments are only my opinion and are not to be used for investment advice. Please conduct your own due diligence before choosing to buy or sell any investment.




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