White Diamond Research says that a former authID top executive has told it that selfie identification will never be the second factor of authentication. He says software that tracks the user’s behavior will be. According to the executive, as hard as the company tried, no sell-side brokerage has ever had an interest in the company or wanted to ask questions on their earnings calls. “AUID‘s PRs have falsely mentioned to investors a huge increase in ‘sales,’ instead of using the correct word ‘bookings’ which means ‘possible sales,'” White Diamond Research added in a recently published report. “We believe AUID’s sales will remain tiny, as the company continues to be unable to sell its product to any meaningful company. We have a $1 price target on AUID.”
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