First the Simple Board Rules of Etiquette:
There shall be no bashing of other Board Members or outright Bashing of StrikeForce or the Executives of the Company. Heathly Debates about negative and Positive aspects of the Company are welcomed as long as they are done Professional and Friendly Manner. JW@KSC
StrikeForce Technologies a Disruptive Technology Company as a Paradigm Shift is Quickly Emerging in the Cyber Security Industry. StrikeForce is an emerging company with Very IMORTANT PATENTS in CYBER SECURITY AUTHEUTHENTICATION .
Microsoft uses StrikeForce's Patented Technology to Protect its Azure Cloud Services. See Video below under the Patent Litigation statement from StrikeForce's 8K Filing.
For a more in depth view, more than that provided here, Read the StrikeForce' 10Q Filing Nov. 17, 2016
Yes, this is what one would call a true Penny Stock that rose from $0.0004 to $0.03 (a dramatic increase) in the fall of 2016. The share price has been now holding at around $0.004 for months awaiting Major Deal Announcements currently (Jan 5, 2016) in the Finalization Stages and further Patent Litigation Settlements in its 3 Current Patents Lawsuits.
StrikeForce Technologies holds the patent for “Multichannel Device Utilizing A Centralized Out-of-Band Authentication System (COBAS)”; put more simply, if you want to do out-of-band authentication with a mobile device, you need to talk to these guys.
Patents by Ram Pemmaraju StrikeForces Technologies CTO Multichannel device utilizing a centralized out-of-band authentication system ( OOBA / COBAS)
StrikeForce holds 6 Patents from 2FA to COBAS with 3 more Patents Pending which includes an International Patent Pending.
Unfortunately those other Vendors in the Cyber Security Industry have not talked to these guys.
But Companies needing Cyber Security are Talkingng to StrikeForce , thanks to CEO Mark Kay and his Contacts from 26 years as CIO and Managing Director at JPMorganChase.
StrikeForce as Part of thier Business Strategy they began Enforcing their Patents in Litiagtion, because 100's of Companies are INFRINGING .
Microsoft Litigation Lawsuit From StrikeForce Commences June 9, 2015
StrikeForce Technologies, Inc. (OTC PINK: SFOR), announced today that it has initiated patent litigation against Microsoft Corporation for infringement of United States Patent Nos. 7,870,599, 8,484,698 & 8,713,701. The Out-of-Band Patents, entitled "Multichannel Device Utilizing A Centralized Out-of-Band Authentication System (COBAS)," relates to several key technologies underlying a multichannel security system for granting and denying access to a host computer in response to a demand from an access-seeking individual and computer. The Patents were granted by the United States Patent and Trademark Office commencing on January 11, 2011. A reexamination certificate issued after a successful Ex Parte Reexamination concluded on December 27, 2011.StrikeForce continues with Blank Rome LLP, a national law firm, to represent it in the litigation. "The engagement of a law firm of such quality and reputation to pursue infringement claims under our Out-of-Band patent further strengthens our ability to protect our Intellectual Property (IP), which we worked diligently for many years to develop," commented Mark L. Kay, CEO of StrikeForce.
In January 2016 StrikeForce won a Settlement and a Non- Disclosure Licensing Argeement with Microsoft. Unfortunately for Microsoft, they Bought PhoneFactor who had been infringing on StrikeForces Patents.
Listen to George Waller StrikeForce's Executive VP, Marketing Via MSFT Azure Cloud, StrikeForce reached 120 countries, securing 100 million devices already.
Listen @ 6:15-6:40 For MSFT.
StrikeForce has one of the Best Law firms in the Country, Blank Rome LLP, and has 3 more Patent Lawsuits on going in Court at this time, against TrustWave (bought by Singtel) , DUO and Centrify.
TrustWave was Purchased by SingTel. It's a shame these Large Market Cap Companies are so eager to enter the Cyber Security Market Place that they don't take the Time and Resources to Check the Companies and their Technologies out before they buy.
Well, yes it's unfortunate, unless your name is not is not StrikeForce Technologies who is now benefiting from this Rush into OBBA/COBAS. Having been around 15 years, with Patents predating other patents, it has been trying to Just Survive awaiting for the Importance of Cyber Security to Catch up to where Ram Pemmaraju Two Decades since the Avent of the Internet going mainstream in 1995.
In Litigation StrikeForce is fortunate to have one of the Best Lawfirms in the in the Country Backing them.
The Firm also utilizes StrikeForce's ProtectID Product and Services to Protect the Firm from Cyber Hackers.
So do some Banks, Heathcare Institutions, Universities. With its OEM Partners and Distubution Networks the List is continuing to grow.
Important to Note :
Steven Cooper is the Chairman of StrikeForce'so Advisory Board, I find it comforting to know a man of his caliper and Stature, believes in Strikeforce and it's Patents:
Steven I Cooper CIO of the Dept. Of Commerce
Appointed the CIO Dept of Commerce, serves as the Principal Advisor to Commerce’s 12 Agencies 12 CIOs and the Deputy Secretary.
Cooper leads the Development and Implementation of the Departments Enterprise Wide Information Technology and Strategy and Operations, over sees the Building and Operation of a robust and IT Security Risk Program and Serves as an Advisor on Misson and Business IT Systems Services.
Singapore Telecommunications Limited, commonly abbreviated as Singtel, is a Singapore Telecommunications company, with a combined mobile subscriber base of over 600 million customers in 25 countries at end of July, 2016, making it one of the largest mobile network operators in Singapore and the 20–30 largest in the world.tries and is owned by a Company that is an Arm of the Singapore Government and Does Business in the U.S..
Singtel is also the largest company by market capitalisation listed on the Singapore Exchange and is majority owned by Temasek Holdings the investment arm of the Singapore government.
StrikeForce has 3 Products.
GuardedID for PC's and MAC's
Mobile Trust for Android and Apple Mobile Devices
ProtectID for Banks, Healthcare Institutions, Universities and Government.
They've an OEM for a number of Companies who Licence their Products and those Companies have a number of Large Customers such as ComCast/Exfinity, Sally Mae.
This Introduction will be added to and hopefully will eventually be as full of Informative and Helpful Information as another Board I Moderate on SI McEwen Minining (MUX).
If you wish, and I prefer, when Posting Important News and Events the Post Should begin with a few *** to make DUE DILIGENCE / Research easily noticed and seen.
Audio Interview with CEO Mark Kay September 2016
________________ ___________________ Video Created by JW@KSC and Spaceport Productions Nov. 2016
________________________ __ _________________&&___&____ Music by the Allman Brothers