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Sunday, April 18, 2021

SafeVchat Secure Video Conferencing; the Run on Strikeforce Technologies Inc(OTCMKTS:SFOR)

Strikeforce Technologies Inc(OTCMKTS:SFOR) is skyrocketing up the charts up over  1,000% on Teusday on 300 million plus shares traded topping $10 million USD in dollar volume after the Company reported its SafeVchat secure video conferencing platform goes live on December 18, 2020, and the Company has distribution partners in six countries already setup. In addition, Strikeforce will direct funding to expand a production environment to include a number of Fortune 500 companies, which have been inquiring with Strikeforce’s resellers worldwide.

According to StrikeForce CEO, former JPM hot shot who sued Microsoft and won: “We have never been as excited about launching a new product as we are right now. The stars have definitely lined up for us like never before. The reason why I can say that is because of the following three reasons, we will be launching the industry’s most secure video conferencing platform, the video conferencing industry is now forecasted to hit $50+ billion by the end of 2025 (according to Global Market Insights), and Continuation Capital is funding us with others approximately up to $2,500,000 for product marketing for SafeVchat and to retire convertible debt.”

Strikeforce Technologies Inc (OTCMKTS:SFOR) helps to prevent Cyber Theft and data security breaches for consumers, corporations, and government agencies. It provides powerful two-factor, “Out-of-Band” authentication and keystroke encryption along with mobile solutions. The Company owns a valuable intellectual property portfolio. The Company’s products include GuardedID®, ProtectID®, MobileTrust® and GuardedID®. SFOR is quickly gaining a foothold in the highly lucrative cyber theft market.

Earlier this year StrikeForce announced it has received notice from the European Patent Office that its European Patent Application #14763895.1, for the Company’s MobileTrust® Mobile Security product has been granted. SFOR CEO Mark L. Kay stated: “Our MobileTrust app is a bundle of security must-haves, which includes a keystroke encrypted keyboard, a secure browser, a password vault, a password generator and a two-factor OTP token generator,” says Kay. “It’s the most comprehensive mobile security bundle available in the marketplace for protecting you, and your mobile device.”

SFOR exploded on December 8 after the Company reported its SafeVchat secure video conferencing platform goes live on December 18, 2020, and the Company has distribution partners in six countries already setup. In addition, the Company will direct funding to expand a production environment to include a number of Fortune 500 companies, which have been inquiring with Strikeforce’s resellers worldwide.

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SFOR CEO Mark L. Kay stated: “We have never been as excited about launching a new product as we are right now. The stars have definitely lined up for us like never before. The reason why I can say that is because of the following three reasons, we will be launching the industry’s most secure video conferencing platform, the video conferencing industry is now forecasted to hit $50+ billion by the end of 2025 (according to Global Market Insights), and Continuation Capital is funding us with others approximately up to $2,500,000 for product marketing for SafeVchat and to retire convertible debt. This tri-factor of reasons would be enough for just about any company, but for us it even gets better because we now have distributors ready to start selling our products in six countries around the world. Additionally, companies like Zoom are now hurting customers because of all of the news surrounding them after they had to reach a settlement with the Federal Trade Commission to resolve allegations that the company engaged in misleading security practices. There’s a huge void in the video conferencing industry, video conferencing has become the new-normal way for businesses and consumers to meet. However, the current systems were not designed to protect people, data, or, confidential information. They were designed with one single task in mind, allow people to see & hear each other. Since we believe none of the existing video conferencing platforms were designed by a cyber security company, they suffer from high churn rates and bad publicity due to the lack of security and numerous breaches. We saw this as a golden opportunity and decided to create the industry’s most secure video conferencing platform which includes: authenticated access, encrypted video, encrypted audio, keystroke protection as well as protection for your camera, microphone & speakers. Additionally, our solution will protect your computer and confidential data even when you are offline and not on a video conference. No other video conferencing service on the market such as Zoom, Webex, LogMeIn, MS Teams, or, BlueJeans can do that. We look forward to working with Continuation Capital and other firms, so that we can finally execute on revenue generating projects, begin our marketing, PR & IR programs, as well as support our channel development growth. These additions will help position StrikeForce as the defacto Gold Standard for Secure Video Conferencing, which ultimately will drive top-line revenues to the Company beginning in the 1st qtr of 2021.”

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SFOR is skyrocketing up the charts up over  1,000% on Teusday on 300 million plus shares traded topping $10 million USD in dollar volume after the Company reported its SafeVchat secure video conferencing platform goes live on December 18, 2020, and the Company has distribution partners in six countries already setup. In addition, Strikeforce will direct funding to expand a production environment to include a number of Fortune 500 companies, which have been inquiring with Strikeforce’s resellers worldwide. According to StrikeForce CEO, former JPM hot shot who sued Microsoft and won: “We have never been as excited about launching a new product as we are right now. The stars have definitely lined up for us like never before. The reason why I can say that is because of the following three reasons, we will be launching the industry’s most secure video conferencing platform, the video conferencing industry is now forecasted to hit $50+ billion by the end of 2025 (according to Global Market Insights), and Continuation Capital is funding us with others approximately up to $2,500,000 for product marketing for SafeVchat and to retire convertible debt.” We will be updating on SFOR when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with SFOR.

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Disclosure: we hold no position in SFOR either long or short and we have not been compensated for this article

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