Home Financial Markets Penny Stocks Here’s how StrikeForce Technologies, Inc. , stock jumped so dramatically last night

Here’s how StrikeForce Technologies, Inc. [OTC PINK: SFOR], stock jumped so dramatically last night

StrikeForce Technologies, Inc. [OTC PINK: SFOR], stock price augmented 92.26% to $0.298 on Monday Close. The numbers of shares that changed hands were 95.88M in contrast with an Average Volume of 44.91M and an Average Weekly Volume of 90.13M.

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For consumers, corporations, and government agencies, StrikeForce Technologies serves as an effective defense against Cyber theft and data breaches. Mobile solutions, two-factor authentication, and out-of-band encryption are a few of the features it provides.

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What’s the News…

February 8, 2021, According to StrikeForce Technologies, Inc. [OTC PINK: SFOR], It has completed the Reg A Tier II funding round, and in doing so only needed to sell 465,000,000 shares for a total outstanding of 757,000,000 shares in contrast with outstanding of 800,000,000 common shares originally anticipated for. This is a correction for clarity: “That’s 436,000,000 fewer common shares in the market,” says Mr. Kay, StrikeForce CEO.

Further clarifying the issue, I also mentioned in a previous release that “paying off the variable convertible debt of about $900,000 plus interest and fees” is inaccurate. In spite of the fact that approximately $900,000 was the amount of debt retired, about $200,000 in variable conversion notes were either converted or forgiven by StrikeForce, even though the actual amount was correct,” says Mark Kay, CEO of StrikeForce. Despite these points of clarity with an apology, Kay thanks those of you who entrusted their money and invested in the Reg A.

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Past Performance

If we look at the previous performances of StrikeForce Technologies, Inc. [SFOR]. Its weekly performance was noted 380.65% in comparison to the monthly performance of 440.83%. while its 3-month performance was 6 522.22%.

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