Sefe Incorporated (OTC: SEFE), a technology-and solutions-driven sustainability company focusing on the development of inventions that provide a real-world impact and true profitability, on Wednesday, announced the filing of international protection for its intellectual property covering Strain Reduction on a Balloon System in Extreme Weather Conditions, Atmospheric Energy Collection, and Collection of Atmospheric Ions.
Commenting on the development, Donald Johnston, CEO of Sefe Incorporated, said that SEFE’s technology has multiple potential applications, and part of SEFE’s long-term strategy has been to create distribution relationships for its technologies overseas. Johnston said that the filing of international protection is the logical first step in protecting the value of SEFE’s technology in the future as well as today.
SEFE shares have fallen sharply in last few trading sessions. The decline continued in Wednesday’s trading session, with the stock falling 8.51% to $0.860. SEFE shares have now fallen nearly 30% this week.
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