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StrikeForce Technologies, Inc. (OTCQB: SFOR) projects nearly $1 million in revenue for 2021, following a slow first quarter with $46,000. The company anticipates additional sales through a new reseller program, expected to yield 75-100 new resellers in the next year. Notably, Tundra, an investment firm, has purchased licenses to utilize SafeVchat™, a secure video conferencing solution. While optimistic, the company cautions that actual performance may vary significantly due to various risks and uncertainties, including market competition and economic factors.
StrikeForce Technologies (OTCQB: SFOR) announces collaboration with Aite Group, a leading cybersecurity analyst firm. This strategic partnership aims to enhance the company's outreach and technical acumen in cybersecurity, particularly targeting industries like finance, insurance, healthcare, and retail.
Mark L. Kay, CEO, emphasized the importance of their proprietary SafeVchat and PrivacyLok solutions for secure communication, especially during incident responses. Aite Group identifies a growing need for secure collaboration tools, a space where StrikeForce is well-positioned to offer solutions.
StrikeForce Technologies (OTCQB: SFOR) launched SafeVchat v2.1, a secure video conferencing solution emphasizing cybersecurity across various sectors, including education and healthcare. This update addresses growing concerns over privacy and cyber threats, especially in light of increasing video conferencing vulnerabilities.
The enhanced platform features include a Meeting Manager, multiple authentication methods, an improved user interface, and API integration for third-party use. The company aims to assure clients of security during virtual communications while launching a national ad campaign in collaboration with American Eagle.
StrikeForce Technologies (OTCQB: SFOR) provides an update on its progress, emphasizing strong revenue potential and growth. Key milestones include securing $7,500,000 in funding, commercial launches of SafeVchat and PrivacyLok, and the acquisition of Cybersecurity Risk Solutions LLC. The company is enhancing its marketing strategy with a top digital marketing firm and partnerships to expand its cyber offerings. CEO Mark Kay expresses optimism about future revenues due to improved financial standing and ongoing marketing initiatives.
StrikeForce Technologies (OTCQB: SFOR) announces its shares are now approved for trading on the OTCQB Markets Group. CEO Mark L. Kay emphasized the importance of being a fully reporting company, enhancing investor confidence. The company anticipates a strong 2021, driven by the acquisition of CRS and the launch of its SafeVchat™ Secure Video Conference service. This service aims to provide a secure alternative to current leaders like Zoom and Microsoft Teams, with new features in development to attract corporate customers.
StrikeForce Technologies, Inc. (OTC PINK: SFOR) has announced a strategic partnership between its subsidiary Cybersecurity Risk Solutions (CRS) and James A. Connors Associates, Inc. (JACA). This collaboration aims to enhance the cyber protection offerings in the insurance marketplace. CEO Mark L. Kay emphasized the partnership's potential for revenue growth and innovation in cyber solutions. The initiative comes amid increasing demand for effective cyber risk management, especially among small to medium-sized businesses. Both companies aim to leverage their combined expertise to improve risk mitigation and profitability.
StrikeForce Technologies (OTC PINK: SFOR) announced the launch of SafeVchat, a secure video conferencing platform, offering it for free to K-12 schools and colleges for their virtual graduation ceremonies. With incidents of 'Zoom bombing' prevalent, especially in educational settings, SafeVchat aims to enhance security during these significant events. This platform incorporates patented cyber technologies, including two-factor authentication, to prevent unauthorized access and maintain the integrity of online communications. Administrators can find more details on their promotional site.
StrikeForce Technologies, Inc. (OTC PINK: SFOR) has filed a Regulation A, Form 1-A to raise up to $7.5 million for the development and marketing of its products, PrivacyLok™ and SafeVchat™, following its acquisition of Cybersecurity Risk Solutions (CRS). The company aims to position itself as a leader in cyber, privacy, and data protection solutions for both businesses and home users. Qualification by the SEC is pending, with no guaranteed timeline for approval.
StrikeForce Technologies, Inc. (OTC PINK: SFOR) has clarified details from its recent 10K filing, addressing a $7M deficit from a total of $10M. CEO Mark L. Kay emphasized that this should be viewed positively, as it indicates that nearly all toxic loans have been paid off. Specifically, $6.8M of the deficit includes various costs related to convertible notes issued in 2020. By January 2021, all toxic loans were fully extinguished, enhancing the company's financial stability. StrikeForce continues to provide data protection solutions to combat cyber theft.
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