{"id":410672,"date":"2021-01-07T14:38:14","date_gmt":"2021-01-07T19:38:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410672"},"modified":"2021-01-07T14:38:14","modified_gmt":"2021-01-07T19:38:14","slug":"strikeforce-eliminates-almost-all-convertible-debt","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/strikeforce-eliminates-almost-all-convertible-debt\/","title":{"rendered":"StrikeForce Eliminates Almost All Convertible Debt"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">EDISON, N.J., Jan.  07, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.strikeforcetech.com\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong>StrikeForce Technologies, Inc.<\/strong><\/a>\u00a0(OTC PINK: SFOR), as of today has negotiated with the convertible debt holders from owing over $641,000 in 2020, which would have equalled millions of additional shares, to now owing only $45,000. We are still in discussion wth one debtor, but felt it is important to provide you an update as this is very important and positive for StrikeForce; who did it with the monies we received through the current Reg A and other deals as privately discussed. \u201cWe also thank the companies that were willing to negotiate with us, as well as the one we are still negotiating with,\u201d says Mark Kay, CEO of StrikeForce.<\/p>\n<p align=\"justify\">\u201cStrikeForce continues to feel very optimistic about its rollout of SafeVchat\u2122 and PrivacyLoK\u2122, its other revenue generating opportunities and its commitment to increase shareholder value,\u201d says Mark L. Kay, CEO of StrikeForce, &#8220;especially with some former Zoom and Microsoft Teams users already switching\u00a0to paid SafeVchat Premium accounts already.&#8221;<\/p>\n<p align=\"justify\">\u201cWe have already signed up many resellers and they have started to bring on many clients with a testing period of two weeks or one month depending on their size; we are very excited and extremely busy. However, we want to thank you all very much for your patience as we move forward slowly in this great marketplace, where we expect to capture a significant portion of the $50B video conferencing market this coming year that is predicted.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About StrikeForceTechnologies, Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">Technologies helps to prevent Cyber theft and data security breaches for consumers, corporations, and government agencies. It provides powerful two-factor, \u201cOut-of-Band\u201d authentication and keystroke encryption along with mobile solutions. StrikeForce Technologies, Inc. (OTC PINK StrikeForce: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.<\/p>\n<p align=\"justify\">\n        <strong>Safe Harbor Statement:<\/strong>\n      <\/p>\n<p align=\"justify\">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 \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cmay,\u201d \u201cintend,\u201d &#8220;expect&#8221; 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&#8217;s identity protection software products into various channels and market sectors, the issuance of the company&#8217;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.<\/p>\n<p align=\"justify\">Contact Info:<\/p>\n<p align=\"justify\">\n        <strong>StrikeForce Technologies, Inc.<\/strong><br \/>\n        <br \/>\u200bMark L. Kay<br \/>(732) 661-9641<br \/><a href=\"mailto:marklkay@strikeforcetech.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">marklkay@strikeforcetech.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>StrikeForce Media<\/strong><br \/>\n        <br \/>George Waller<br \/>(732) 661-9641<br \/><a href=\"mailto:gwaller@strikeforcetech.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">gwaller@strikeforcetech.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMjM3OSMzOTA5MzgwIzIwODAzNDc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4227fec9-ece8-436f-b26f-3b12eb26eeba\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EDISON, N.J., Jan. 07, 2021 (GLOBE NEWSWIRE) &#8212; StrikeForce Technologies, Inc.\u00a0(OTC PINK: SFOR), as of today has negotiated with the convertible debt holders from owing over $641,000 in 2020, which would have equalled millions of additional shares, to now owing only $45,000. We are still in discussion wth one debtor, but felt it is important to provide you an update as this is very important and positive for StrikeForce; who did it with the monies we received through the current Reg A and other deals as privately discussed. \u201cWe also thank the companies that were willing to negotiate with us, as well as the one we are still negotiating with,\u201d says Mark Kay, CEO of StrikeForce. \u201cStrikeForce continues to feel &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/strikeforce-eliminates-almost-all-convertible-debt\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;StrikeForce Eliminates Almost All Convertible Debt&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-410672","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>StrikeForce Eliminates Almost All Convertible Debt - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/strikeforce-eliminates-almost-all-convertible-debt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"StrikeForce Eliminates Almost All Convertible Debt - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EDISON, N.J., Jan. 07, 2021 (GLOBE NEWSWIRE) &#8212; StrikeForce Technologies, Inc.\u00a0(OTC PINK: SFOR), as of today has negotiated with the convertible debt holders from owing over $641,000 in 2020, which would have equalled millions of additional shares, to now owing only $45,000. We are still in discussion wth one debtor, but felt it is important to provide you an update as this is very important and positive for StrikeForce; who did it with the monies we received through the current Reg A and other deals as privately discussed. \u201cWe also thank the companies that were willing to negotiate with us, as well as the one we are still negotiating with,\u201d says Mark Kay, CEO of StrikeForce. \u201cStrikeForce continues to feel &hellip; Continue reading &quot;StrikeForce Eliminates Almost All Convertible Debt&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/strikeforce-eliminates-almost-all-convertible-debt\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-07T19:38:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMjM3OSMzOTA5MzgwIzIwODAzNDc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strikeforce-eliminates-almost-all-convertible-debt\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strikeforce-eliminates-almost-all-convertible-debt\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"StrikeForce Eliminates Almost All Convertible Debt\",\"datePublished\":\"2021-01-07T19:38:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strikeforce-eliminates-almost-all-convertible-debt\\\/\"},\"wordCount\":496,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strikeforce-eliminates-almost-all-convertible-debt\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODEyMjM3OSMzOTA5MzgwIzIwODAzNDc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strikeforce-eliminates-almost-all-convertible-debt\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strikeforce-eliminates-almost-all-convertible-debt\\\/\",\"name\":\"StrikeForce Eliminates Almost All Convertible Debt - 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