UOIP DD- MASSIVE SETTLEMENT POTENTIAL. UPDATE DUE NEXT WEEK
The Patent Board ruled in UOIP/CHANBOND's favor over RPX (the cable companies) and over CISCO!
The court documents listed below show that the neither Cisco or RPX could discredit UOIP's patents.
WHY IS THIS IMPORTANT? In 2015 UOIP/Chanbond filed a lawsuit against the 13 major Cable companies for patent infringement. The cable companies through RPX and Cisco then challenged UOIP's patents with the Patent Board (PTAB) and LOST!
These UOIP wins are admissible in court. If the Cable companies let this go to trial and lose (which is likely given these recent Patent board decisions) they will lose all leverage in negotiating with UOIP.
A settlement now is the most logical answer!
An update on the court case is due June 12th
Below is one of the questions on the joint status report form that is due
Even a hint of settlement will be huge for share price IMO
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