AIkido Pharma Inc (AIKI)

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Wonder if that means income...

•On Friday, May 1, 2015, Spherix filed an action against both Verizon and Cisco Systems, Inc. in the U.S. District Court for the Eastern District of Virginia, Case No. 1:15-cv-576, alleging that Verizon and Cisco infringe eight Standard-Essential Patents owned by Spherix. Standard-Essential Patents cover technology that is required to implement a technology standard set by a Standard Setting Organization. Spherix's Standard Essential Patents relate to aspects of IEEE standards 802 and virtual local area network (VLAN) tagging on a network. VLAN tagging is used to help direct data flow over a network. This new suit is in addition to the suits already on file against Verizon in Virginia and Cisco in Delaware, and it involves different patents.
•On Thursday, April 30, 2015, Spherix dismissed its action against T-Mobile, brought originally on August 1, 2013 in the U.S. District Court for the Middle District of Florida for infringement of one patent. The dispute between the parties has been resolved, and the case was dismissed without prejudice, with each side to pay their own attorney and court fees and expenses. Any additional terms are confidential.

Anthony Hayes, Chief Executive Officer of Spherix, stated, "Our shareholders have entrusted us to be stewards of the Company's capital, and to allocate our time and resources to projects that meet specific risk adjusted hurdles for adequate returns. With this in mind, and after a thorough review of several complex issues, we have dismissed our case against T-Mobile without prejudice and have filed a new action against Verizon and Cisco, which alleges infringement of our Standard-Essential Patents. These patents are inherently valuable, and cover technology that is currently used in a wide range of products and services. This is the second suit Spherix has filed against Verizon and Cisco. We had hoped to reach a resolution prior to filing more suits. Because we have been unable to reach an acceptable resolution, we have initiated additional litigation to protect our property rights and fulfill our obligations to our shareholders."