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nfp

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Alias Born 06/27/2014

nfp

Re: KOmani post# 138

Thursday, 12/08/2016 8:34:12 PM

Thursday, December 08, 2016 8:34:12 PM

Post# of 342
KOmani--thanks so much for your thoughts.
Your "just a few days" timing sounds about right.
And yes--the defendant was in fact arguing that the $30 million was too high--and that the AT&T settlement was illegally quoted by the plaintiff at trial--thereby triggering at the very least a retrial. According to the judge, however, as I understood it, defendant had already quoted other PRZM settlements earlier in the original trial, thereby waiving their rights to object to PRZM quoting the AT&T settlement to the jury. Was that everyone else's take on this? If so we should see a finding in favour of PRZM soon enough and a stock price over $2 at least. PRZM has lots of NOLS so no worries about taxes, but i do believe that they have to cough up 70% of profits above the ~$16.5 million cash they originally gave for the precursor Prism LLC up to an additional $49.5 million in contingent consideration. That would mean PRZM keeps 100% of the first $16.5 million from Sprint but then has to cough up 70% of the NEXT $66 million from all sources ie 70% of all the remaining Sprint revenue and then some. But if they get the full $30 million (which they should plus some kind of interest the judge will award) they will have a net ~ $21 million+ in cash which should justify a ~ $2 to $2.10 ish share price--not to mention enough cash & legal precedents to squeeze settlements out of a few more telco's. Do your own DD but i suspect that if we do see a dismissed appeal & $2.10 in the next few days, there should be a decent shot of doubling the share price again from there at least, as PRZM begin to monetize their patent portfolio more broadly -- and they do have more beyond the two that are driving this Sprint case ....

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