Prism Technologies Group Inc fka PRZM

[nfp]

I bought another 10,000 PRZM at $0.2950 this morning. I put on the order at 10.06am & it was completed by 10.10a.m. Perhaps it was a little too easy to buy, & there is still overhang out there after the 1 million+ share volume spike to 0.69 on no news as recently as Monday. But I like buying PRZM under $0.30 & I think the company is worth significantly more than its $2.5 million of cash in the bank. The value of their telco industry patents alone, while still under appeal, has been proven in the courts by a judge & jury! As everyone who's read the SEC filings knows, AT&T settled & paid PRZM rather than going to trial. And the Sprint judgement alone, if collected, is worth over $30 million against a current PRZM market cap of around $3 million based on the just over 10 million shares outstanding. So if PRZM collects even a fraction of that award, this will create a war chest to monetize more of the 65 or so patents the company owns. If PRZM collects all of the Sprint award, this is a $3 to $4 stock. Do the math ;)
Of course be aware that PRZM lost to T-Mobile, and is appealing that loss. But I believe that the patent court tide may be turning for NPE's. Plenty of catalysts and a decent risk/reward factor for a speculative investment.... though the risk, as correctly stated in PRZM's SEC filings, is that you will lose all your money, the potential reward is a bare minimum of 10X+ price appreciation. I certainly would not recommend shorting this stock!