Strikeforce Technologies Inc (SFOR) closed up 37.00% on Wednesday at $0.0885 and has been trading in a day range of $0.0947 to $0.0675. Shares of SFOR surged over 110.71% in the last month; with an average volume for the month over 7.82M shares. If we look at three-month performance, SFOR stock gains over 68.57%, while the average volume for the stock was 5.46M. 

It is likely that the increase has been influenced by the announcement made yesterday by Strikeforce Technologies, Inc. (OTCQB: SFOR). When Company provided an update on its growth strategy and plans to terminate the offering on Form 1-A of Regulation A.

Management Commentary 

StrikeForce CEO Mark L. Kay expressed his delight when he announced that the company would close its Reg A offering, as previously stated. A strategic investor saw an opportunity to invest and help SFOR reach its minimum funding goal, he added.

“We believe that with this latest round of investment, SFOR can now expand its corporate growth strategy and hire additional sales and marketing employees. In the authentication, endpoint security, and video collaboration spaces, we require technical people in order to capitalize on our timing and competitive advantage. Our research estimates that these three technologies will generate $100B in sales by 2026. We are the only cyber security company that addresses all three issues, as well as offering patented products, “concludes SFOR’s Kay.

Company’s Profile

By protecting consumers, corporations, and government agencies from cyber theft and data security breaches, SFOR provide cybersecurity solutions. It provides a powerful two-factor, “Out-of-Band” authentication, keystroke encryption along with mobile solutions. StrikeForce Technologies, Inc. (OTCQB: SFOR) has a headquarters in Edison, New Jersey, and is reachable at www.strikeforcetech.com or by phone at (732) 661-9641 or toll-free at (866) 787-4542.