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  4. Zerify Inc (ZRFY) Message Board

$SFOR DSS deal was closed/Pr'ed on 03/19 (Q1) - Fa

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Post# of 82690
(Total Views: 835)
Posted On: 08/14/2019 1:16:19 PM
Posted By: zpaul
Re: lovindollars #57976
$SFOR DSS deal was closed/Pr'ed on 03/19 (Q1) - Factor DSS to ACS terms of payments and then ACS to SFOR payment terms. So I do expect at least 1 or 2 payment of $350K in Q2 ( Only because, $350K is a development fund for the Asian Market. I won't be surprised if entire $350K will be paid in advance to SFOR. I remember from an interview or email someone posted here that they will be delivering these keyboards by end of July or early Aug )

FirstData was closed/PR'ed on 05/02(Q2) - Same with this. Since it is closed in Q2, I expect payment from this deal to start coming in Q3 and Q4 in full flow.(IMO of course )

I think revenue will get better Q over Q.

Q4, expecting it to be a big one. ( Also from Interview)

We heard about these deals via webinar way back in time but they got PR'ed just recently/ few months back.

All these deals are delayed ( From Interview ) but never got canceled. Terms of payment between the channel partners is what will decide when the payment will come.

Also, waiting for SA's SCOTUS reply next week.

Just my 2C.


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