Hi Mark,
Here are 2 posts with questions from other shareholders.
Apparently they don't want to ask you the questions so I will do it for them.
Do you care to comment ?
Thanks
First one:
never seen a dime reported from any sales
stores or our licences
anyone?
I found a 2012 pr,were they stated that 3000.000 copies were sold
yes 3m copies
were are all the renew $$$$$?
even if only 10% of those customers are still around
no $$$$?
no one cares here?
red flags all over with this management
Army/Navy Deal of $510 m
how long does it take?
our friend Sleaddog..was saying last year. he believed payment would be closer,because the shut down?..Zero$$ sofar
Gallager..?..no updates
,that one deal suppose be all our deal and all our $$$..zero..sofar
Blocksafe?..we heard last year about at least of 3 major deals
zero updates in months and zero$$
running out of red flags here
DSS going live?
what has happened,while that company's Ceo continue to make deals
zero updates on our deal?
Cino..Hilton,yes the Virus Have slowed things..but geez,they said the company is working from Home?
What in the world are they working on?
We pay 9 people as last otc report
none of this people know how to sell a few thousands softwares or knock on the doors(teleconference)
and make any sales?
The R/S needs to change
10/1..only makes any Sense and New Ceo,that cannot dilute anymore,this time around it's only about sales!
Shark Tank. are you open for a new CEO to come and get a deal?
I have seen teenagers going there and come out with a deal,and we can't even try?
500×1 will soon destroy. our pps,the Ceo here cannot stop diluting,he has proved in his last 4 R/S
If his job continue ,we can say goodbye to the rest of our money here!
All those no R/S lies and revenues lies. better wake you all up!
Still a shareholder
bleeding from all sides,this technology suppose be one of the best, o wonder Microsoft. paid us$9m,unfortunate,that was a one time amount
First Data. Live since way before the country was shut down,Credit cards transactions ,should be ever higher,since every one is home,but still zero$$$?
Acs buying our Patens,why they are still kicking the Can?
and what will we be left with if at some point they do pay?
were are tge promised New Patents,I know,they are working from home or are they working on their Home?
Second one:
Where is the revenue from deals done 5 or 7 or 10 years ago? In 2016, Mark Kay commented on the SF FaceBook page (or somewhere on FB) that deals were getting done.
So, there were no substantial sales until a couple of years ago, when the company began the re-sellers business model, and now we have to wait a couple of more years to get paid?
Mark's answer:
Not sure how to answer these questions, but clearly we have received revenues of over $700k this year, which will show easily in the 10k within a week or so as it comes out. So we definitely and audibly made money. However keep in mind our costs are about $150k a month, which equals about $1,800,000 a year to break even, so clearly we didn’t, yet $700k (about) was with growth and one of our highest years with expectations of going into the millions this year. Also recall we said we should break even by the third quarter of this year and then COVID hit us and many businesses slowed down and some even stopped giving us more problems that we are trying hard to get through and are, especially getting the PPP we hoped for. So we obviously and audibly received the money but it still didn’t give us extra monies to spend. We have many clients that use our products with a number of large clients having bought them and of course have slowed down greatly.
The questions seem to miss these points and they were all out in the Q’s and K’s.
Also the reverse is in process and can’t be stopped, it is a done deal and small compared to what it could have been and what we did in the past with the last one in 2014. It was necessary for keeping the business alive. With the numerous questions you asked, the above explanation answer most of them and I don’t believe I can say anything else with out being in the PR’s or other Public Statements. As I have said a number of times, we do have some great contracts and those businesses were held up for various reasons they had and now with COVID19. We sti believe we will flourish with some new business we are working with some decent revenues which I cant mention now as a public company but we should receive something within a month.
Thanks for paraphrasing and some of the many questions basically ask the same things,
Mark
Here are 2 posts with questions from other shareholders.
Apparently they don't want to ask you the questions so I will do it for them.
Do you care to comment ?
Thanks
First one:
never seen a dime reported from any sales
stores or our licences
anyone?
I found a 2012 pr,were they stated that 3000.000 copies were sold
yes 3m copies
were are all the renew $$$$$?
even if only 10% of those customers are still around
no $$$$?
no one cares here?
red flags all over with this management
Army/Navy Deal of $510 m
how long does it take?
our friend Sleaddog..was saying last year. he believed payment would be closer,because the shut down?..Zero$$ sofar
Gallager..?..no updates
,that one deal suppose be all our deal and all our $$$..zero..sofar
Blocksafe?..we heard last year about at least of 3 major deals
zero updates in months and zero$$
running out of red flags here
DSS going live?
what has happened,while that company's Ceo continue to make deals
zero updates on our deal?
Cino..Hilton,yes the Virus Have slowed things..but geez,they said the company is working from Home?
What in the world are they working on?
We pay 9 people as last otc report
none of this people know how to sell a few thousands softwares or knock on the doors(teleconference)
and make any sales?
The R/S needs to change
10/1..only makes any Sense and New Ceo,that cannot dilute anymore,this time around it's only about sales!
Shark Tank. are you open for a new CEO to come and get a deal?
I have seen teenagers going there and come out with a deal,and we can't even try?
500×1 will soon destroy. our pps,the Ceo here cannot stop diluting,he has proved in his last 4 R/S
If his job continue ,we can say goodbye to the rest of our money here!
All those no R/S lies and revenues lies. better wake you all up!
Still a shareholder
bleeding from all sides,this technology suppose be one of the best, o wonder Microsoft. paid us$9m,unfortunate,that was a one time amount
First Data. Live since way before the country was shut down,Credit cards transactions ,should be ever higher,since every one is home,but still zero$$$?
Acs buying our Patens,why they are still kicking the Can?
and what will we be left with if at some point they do pay?
were are tge promised New Patents,I know,they are working from home or are they working on their Home?
Second one:
Where is the revenue from deals done 5 or 7 or 10 years ago? In 2016, Mark Kay commented on the SF FaceBook page (or somewhere on FB) that deals were getting done.
So, there were no substantial sales until a couple of years ago, when the company began the re-sellers business model, and now we have to wait a couple of more years to get paid?
Mark's answer:
Not sure how to answer these questions, but clearly we have received revenues of over $700k this year, which will show easily in the 10k within a week or so as it comes out. So we definitely and audibly made money. However keep in mind our costs are about $150k a month, which equals about $1,800,000 a year to break even, so clearly we didn’t, yet $700k (about) was with growth and one of our highest years with expectations of going into the millions this year. Also recall we said we should break even by the third quarter of this year and then COVID hit us and many businesses slowed down and some even stopped giving us more problems that we are trying hard to get through and are, especially getting the PPP we hoped for. So we obviously and audibly received the money but it still didn’t give us extra monies to spend. We have many clients that use our products with a number of large clients having bought them and of course have slowed down greatly.
The questions seem to miss these points and they were all out in the Q’s and K’s.
Also the reverse is in process and can’t be stopped, it is a done deal and small compared to what it could have been and what we did in the past with the last one in 2014. It was necessary for keeping the business alive. With the numerous questions you asked, the above explanation answer most of them and I don’t believe I can say anything else with out being in the PR’s or other Public Statements. As I have said a number of times, we do have some great contracts and those businesses were held up for various reasons they had and now with COVID19. We sti believe we will flourish with some new business we are working with some decent revenues which I cant mention now as a public company but we should receive something within a month.
Thanks for paraphrasing and some of the many questions basically ask the same things,
Mark
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