Just guessing, but my opinion is he is only referring to the First Data deal. The main focus of the interview was First Data being live, so he knows when he will get paid and how much per site/user. He knows there’s a firm monthly rollout plan and that revenues will grow until fully implemented across the millions of sites and then hold steady. Large enterprise rollouts take time - you can’t and don’t roll out everyone on Day 1 so revenue grows as sites added monthly. He knows by August the # of sites that will be rolled out and price per site and thus can say we will be in the black. Great news for sure, as once profitable even more things become possible.
I may be wrong, but I think what’s even more exciting, is that other deals will only build on top of First Data’s income and thus we might be pleasantly surprised much before August. Mark has usually been very cautious, so if he’s projecting revenue he’s projecting based on what he knows will hit and those are the live deals with firm timeline. As DSS Asia was held up to do First Data, not sure he has firm timelines on them and influx of revenue. Other banks, CC processors, etc haven’t been announced yet as being signed let alone live, so I doubt he can or would say when he will get paid on those .
Whether I wait 6 months or get surprised sooner, I know I’m waiting because where we end up this year and beyond is anyone’s guess but I’m betting is well north of .003
Strikeforce Technologies, Inc. (SFOR) Stock Research Links