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  4. Zerify Inc (ZRFY) Message Board

But they posted some unpleasant thing which they s

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Post# of 82686
(Total Views: 392)
Posted On: 10/29/2019 9:41:43 AM
Posted By: dogandcat
Re: 4sleddogs #60467
But they posted some unpleasant thing which they said was from 10k of 2018. Following is the response surfkast to my post about license with MSFT. He was right about the 9m and the license, 9m covered everything(settlement and license). I remember Kay said that in a response to my email. surfkast also mentioned finance in 10k of 2018 which I have not read in detail, so I don't know whether his claim is true or not.

"
It Was a one time settlement. Their filings do not show any ongoing licensing fees.

Mar 23, 2017 - Strikeforce took Microsoft to court back in 2015 for the computer giant’s infringement on its OOBA patents, three patents with nos. 7,870,599, 8,484,698 & 8,713,701, and early last year announced that the company had picked up a $9 million settlement as well as a licensing fee (undisclosed) for continued use of the patents in question.



10 K for 2018

We generated all of our revenues of $233,878 for the year ended December 31, 2018 (compared to $274,137 for the year ended December 31, 2017), from the sales of our security products.


We have yet to establish any history of profitable operations.


At December 31, 2018, we had cash on hand in the amount of $86,160. From January to March 2019, the Company issued four unsecured convertible promissory notes for a total of $354,000, bearing interest at 10% per annum, and maturing from January to March 2020.


Our net loss for the year ended December 31, 2018 was $3,837,249



Accounts receivable $26,805 For the Year Ended December 31, 2018

https://www.otcmarkets.com/filing/html?id=133...6epy9Oh3th

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