StrikeForce Technologies, Inc. Discusses The Potential of Video Conference Security Products, SafeVChat(TM) and PrivacyLok(TM), with The Stock Day Podcast
Phoenix, Arizona--(Newsfile Corp. - February 4, 2021) - The Stock Day Podcast welcomed StrikeForce Technologies, Inc. (OTC Pink: SFOR) ("the Company"), a company that helps to prevent cyber theft and data security breaches for consumers, corporations, and government agencies. CEO of the Company, Mark Kay, joined Stock Day host Everett Jolly.
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Jolly began the interview by asking about the Company's current projects. "StrikeForce Technologies is a cyber security company," said Kay, adding that the Company's cyber security products include ProtectID®, GuardedID®, and MobileTrust®. "We've also built SafeVChat™, which is an excellent product for video conferencing, and is the only real secure video conferencing product out there that is built on top of these other products," he added. "We also have another product we just built called PrivacyLok™, which is a phenomenal product."
Jolly then asked about the development of the Company's most recent products, SafeVChat™ and PrivacyLok™. "SafeVChat™ is live, however we only went live to some small to medium-sized companies for now," explained Kay. "The testing has gone very well," he added. "It's a great product, it works very well, and it's very secure," said Kay. He then shared that PrivacyLok™ is designed to add even more security to the SafeVChat™ platform, and will be available within the next few weeks. "PrivacyLok™ actually protects your computer with any products, such as the other video conferencing products," explained Kay, before elaborating on the protective features designed to secure audio and video capabilities.
The conversation then turned to the progress of the Company's authorized shares. "We are officially authorized from 14 billion to 4 billion," shared Kay. "It is 10 billion less than what it used to be and that is now done, and I'm happy to say that."
"What are you doing with the money raised from the Reg A funding?" asked Jolly. Kay shared that the Company recently announced the completion of their Reg A Tier II funding. "There's no more shares being sold," said Kay. "We've come a very long way, and we thank all of our shareholders for believing in us and seeing what we are providing," said Kay, noting the Company's significant stock growth since the last interview. "We expect to go much higher. We're at a very good point, the product is just getting out, we'll be selling it to a lot of people, and we feel it will do very well."
"We paid off all of our convertible debt (about $900k plus interest and fees), except for $45,000," said Kay. "We also still have a lot of old debt, which probably comes to about $3 million dollars or so," he explained. "We have to pay those off as well to really become a big name and to move up to the NASDAQ," said Kay. "It would take about a year's time, nothing less. So, we're moving in a lot of directions at the same time but all up."
"What are your plans for SafeVChat™ moving forward over the next two to three quarters?" asked Jolly. "We expect to be generating a lot of money with SafeVChat for this year," shared Kay. "We have a lot of interest with some major companies," he added. Kay then explained that the Company expects some SafeVChat™ sales to occur during the first quarter, but expects increased sales in the 2nd, 3rd, and 4th quarters of 2021. "It won't just be SafeVChat™, it will also be PrivacyLok™, which I believe will sell very well because it builds security around the video conferencing products, any and all of them."
To close the interview, Kay elaborated on the Company's potential as they continue to grow and move forward with their relevant and advanced security products. He also encouraged listeners to keep up-to-date on the Company's upcoming announcements over the next few weeks.
To hear Mark Kay's entire interview, follow the link to the podcast here: https://audioboom.com/posts/7791018-strikeforce-technologies-inc-discusses-the-potential-of-video-conference-security-products-saf
About StrikeForceTechnologies, Inc.
StrikeForce Technologies 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. StrikeForce Technologies, Inc. (OTC Pink: SFOR) is headquartered in Edison, N.J., and can be reached at www.strikeforcetech.com or by phone at (732) 661-9641 or toll-free at (866) 787-4542.
Safe Harbor Statement:
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the sales of the company's identity protection software products into various channels and market sectors, the issuance of the company's pending patent application, and the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the company.
StrikeForce Technologies, Inc.
Mark L. Kay
About The "Stock Day" Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America. Stock Day recently launched its Video Interview Studio located in Phoenix, Arizona.
Stock Day Media
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/73665