StrikeForce Technologies Inc. (OTCMKTS:SFOR) is moving in a range after the company announced its 2021 Projections. The cyber security firm offering next-generation data protection, privacy, and cyber solutions expects its 2021 Projections to be around $1 million following a low start of the first quarter with $46,000.
These estimates are based on currently available sales information and data year to date, with considerable estimates for the rest of the year. Notably, the Projections include individuals sales via the company website and direct sales. Although the company is optimistic that it will meet its projections, there is no guarantee of performance. Therefore, any consideration will be made in connection with the company’s quarterly SEC filings.
The company’s newest customer, Tundra, which is an investment company that acquired several licenses, expects to demonstrate SafeVchat to its Board, which StrikeForce expects will inform participants to employ SafeVchat as the most secure video-conferencing channel. Therefore, with the adoption of SafeVchat in the coming weeks, SFOR is worth watching.
Market Reaction:
On Friday, SFOR stock jumped 0.95% at $0.0424 with more than 2.71 million shares, compared to its average volume of 4.77 million shares. The stock has moved within a range of $0.0417 – 0.0440after opening the trade at $0.0440.
