So SFOR signed an agreement with Eurasian Capital
Post# of 82672
Jeffery Steven Stone Pleased To Announce Securing Of Six-Figure Investment Into Strikeforce Technologies, Inc.
ACCESSWIRE - Fri Nov 22, 11:16AM CST
New York-based Eurasian Capital, LLC partner Jeffery Steven Stone secures $125,000 bridge loan on behalf of leading New Jersey software company and cybersecurity firm.
NEW YORK, NY / ACCESSWIRE / November 22, 2019 / Strikeforce Technologies, Inc. is a software company and cybersecurity organization for businesses and consumers alike that provides so-called 'out-of-band' authentication and endpoint protection via keystroke encryption, most commonly used for securely signing in to online banking, broker accounts, secure websites, and more. Part of a recently announced private investment deal, Jeffery Steven Stone, of Eurasian Capital, reveals more about the business and a newly secured $125,000 bridge loan arranged on behalf of the cybersecurity and software company from New Jersey.
"Founded in 2001, Strikeforce Technologies is a subsidiary of BlockSafe Technologies, Inc. and is headquartered in Edison, New Jersey," reveals Stone, a veteran of Wall Street and an experienced and well-respected capital procurement specialist with Eurasian Capital. A managing partner at the New York City-based hedge fund, Jeffery Steven Stone boasts more than three decades of industry experience.
Among the capital procurement specialist's latest deals, Stone has recently secured a $125,000 bridge loan on behalf of the New Jersey-based software and cybersecurity firm. "In addition to offering out-of-band authentication and endpoint protection through keystroke encryption for securely accessing online banking, broker accounts, secure websites, and more, Strikeforce Technologies also provides mobile device security on users' Apple and Android devices," Stone explains.
Currently, Strikeforce Technologies' three primary products are ProtectID®, GuardedID®, and MobileTrust®. While ProtectID® is used for authentication and GuardedID® for keystroke encryption, MobileTrust® is, according to Jeffery Steven Stone, a mobile device application that protects users from hackers, thieves, and other nefarious individuals and operations attempting to steal their information.
Strikeforce Technologies, Inc. is led by CEO Mark L. Kay, CTO Ram Pemmaraiu, and George Waller, the company's former CEO, now responsible for sales and marketing as executive vice president of the software business and cybersecurity organization.
"Strikeforce Technologies' goal is to make the world a safer place for people to compute," adds Stone, wrapping up, "by developing, maintaining, and deploying cutting-edge cybersecurity solutions for both consumers and the world of business, striving to protect against the many cybersecurity threats which exist in today's modern world."
Jeffery Steven Stone is a Managing Partner at New York City-based Eurasian Capital, LLC, responsible for trading the firm's proprietary capital and corporate finance platform. Further to overseeing the organization's selection analysis and daily investment affairs, Stone's principal activities entail utilizing a platform of hedging strategies including quantitative-driven swing trading, covered call writing, and pair trading activity.
CONTACT:Caroline HunterWeb Presence, LLC+1 7862338220
SOURCE: Web Presence, LLC
IS THIS THE SAME JEFFREY STONE WITH SEC VIOLATIONS?
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 20869 / January 27, 2009
Securities and Exchange Commission v. Jeffery Steven Stone, et al., Case No. 06-CIV-6258 (HB) (S.D.N.Y. filed Aug. 17, 2006)
COURT AWARDS SEC OVER $642,000 FROM DEFENDANTS IN STOCK MANIPULATION SCHEME
The Securities and Exchange Commission announced today that on January 13, 2009, the United States District Court for the Southern District of New York entered a final judgment against former Connecticut resident Janette Diller Stone (aka Janette Dillerstone) in which it ordered her to pay a total of $462,247.21 in disgorgement and prejudgment interest and a $60,000 penalty for her alleged involvement in a 2005 microcap market manipulation scheme. Diller Stone earlier agreed to a partial settlement of the Commission's charges in which, without admitting or denying the Commission's allegations, she consented to imposition of an injunction permanently enjoining her from violating the antifraud, registration, and other provisions of the federal securities laws.
This judgment follows the Court's entry of a default judgment on November 25, 2008 against Diller Stone's husband, Jeffery Steven Stone, a convicted felon, in which the Court found that Stone had violated the antifraud, registration, and other provisions of the federal securities laws. The Court permanently enjoined Stone from further securities law violations and ordered him to pay $462,247.21 in disgorgement and prejudgment interest and a $120,000 penalty. Stone and Diller Stone were ordered to pay the disgorgement and prejudgment interest together with two entities they controlled, Pedracar, Inc. and Crescent Fund, LLC, against which default judgments were entered in March 2007.
The Commission's complaint alleges that Stone and Diller Stone, through Pedracar and Crescent Fund, acquired massive amounts of the stock of WebSky, Inc., a San Francisco-based penny stock company, under false pretenses. They then hired stock promoters to hype the stock in a spam email campaign that falsely portrayed WebSky — a start-up company with virtually no revenues or profits — as having a successful joint venture in Argentina that would result in over $40 million in annual revenues. After artificially inflating WebSky's stock price, Stone and Diller Stone dumped their shares into the unsuspecting market at a profit. Combined with proceeds from other stock sales during the scheme, Stone and Diller grossed more than $1 million in proceeds.
The Commission previously reached a settlement with WebSky and its CEO, Douglas Haffer, of Oakland, California, in which, without admitting or denying the Commission's allegations, they agreed to disgorge $35,000 received in a subsequent unregistered transaction with Stone and Diller Stone. Haffer also paid a $25,000 civil penalty. See Litigation Release No. 19805.
http://www.sec.gov/litigation/litreleases/2009/lr20869.htm