Artificial Life Inc. (ALIF)

[tradeologist]

No telling settlement amount

However, in the the lawsuit the Company estimated the damage and potential damage caused to the Company by KPMG Hong Kong to exceed US$ 100 million due to -- amongst other factors -- the loss of substantial market value of its equity, the forced delisting of its shares from the US OTC market and the German Entry Standard Segment, its loss of major cash funding options, its loss of investment opportunities, its loss of revenues and profits and its general loss of business opportunities and general reputation damage caused directly and/or indirectly by KPMG Hong Kong's malpractice, breach of contract and breach of duty of care.

So my guess the settlement amount is at least 10M, which is enough together with current revenue to the fund the company for 12 months. Also note the company has another suit pending against a former customer for non-payment of services.

By the end of 2014 the company should have a sustainable revenue stream to support a profitable business model attractive to high value investors.