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Thursday, 06/25/2015 5:54:17 PM

Thursday, June 25, 2015 5:54:17 PM

Post# of 23256
In the below article a lawyer who represents non practicing entities like PTSC says companies like PTSC who make no products may not even be able to be successful ever in asserting their patent rights. This is the great concern with PTSC and probably why it continues to sell off. That is why I watch to see if the legal landscope improves:

http://www.insidecounsel.com/2015/06/24/patent-trolls-may-find-it-harder-to-hire-competent

"The founder of one of the most recognized law firms for representing non-practicing entities in patent cases – Chicago-based Niro, Haller & Niro – says it has become impossible to “successfully” represent them.

“Special interests, including Google, Cisco, Apple, Intel and Microsoft, have created such prejudice against the individual inventor and the small companies they create (calling them ‘patent trolls’ and worse) that they simply can no longer be successfully represented,” attorney Raymond P. Niro said in a statement to InsideCounsel. “The result, I fear, will be a permanent decline in innovation in America.”