Friday, April 22, 2016

Strikeforce Technologies SFOR Receives $4.9 Million Settlement Payment

In the first quarter of 2016, Strikeforce Technologies received a one time payment of $4.9 million related to the settlement of a patent lawsuit.  This will be recorded in their 10-Q statement forthcoming, as revenue.  The 10-K that showed this in its subsequent events is noted here from Yahoo! Finance.

With a current market capitalization based on what we believe is an outstanding share structure of 2.2 billion shares, and a current market price of .0011 per share, we have a a $2,420,000 market capitalization roughly.  In my opinion, this totally undervalues the stock price of SFOR.

Disclosure - I may hold a position in SFOR.

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