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Can anyone explain what the newly issued Patent and technology that it covers is material for? Is it anything to do with AI functionality? Thanks in advance.
IF the drugs are approved, it will be several years in the future.
This is a "technical correction." Not a Fundamental one.
They just raised $40 Million at $1 per share. Now $20 Million at $1.50. Their negotiating strength is increasing. Something big is coming. Bank on it.
If you look closely, you'll see the short interest exploded from 3.4 million as of August 13th to 8.4 million as of September 15th. Yet, the outstanding shares is still low. Yes, they have convertibles in the capital structure too, so it will be volatile. BUT, drops in price are not the end. Average down and load the boat.
The technology is real.
We may see a short squeeze of a different kind shortly:
All these lawsuits have proven 1 thing: that the NLST patents are valid and proven as of earlier this year. Now, while a few of these lawsuits are now about how far back the infringement is, NOBODY will try to use the NLST IP going forward without a license.
That means that EVERYONE that wants to make great products to sell this holiday season needs a license or they are OUT!
We have not yet seen what may turn into a stampede to get a license. It might just look like a short squeeze for licensing. Any thoughts? Comments?? OMG this could be just as big, if not bigger than the impact of settlements!! JMHO
10Q is out:
2 things I didn't like.
1) Samsung has a large convertible at rock bottom conversion prices. 1 cause of the constant selling pressure. I hope the terms were changed higher due to bad faith actions by Samsung. We'll see.
2) Lincoln has been buying a HUGE amount of shares. Maybe that's ok, maybe not. They too have warrants with dirt cheap exercise prices. Further keeping a lid on the stock price.
Until these 2 sources of selling dissipate, the stock ain't gong nowhere.
We will never know when they are done selling.
Royalty Commentary,
DR. EVIL, While I do not have definitive information for you, perhaps I can offer some guidance.
Keeping in mind that this IS NOT a normal situation (By that I mean that a tiny, tiny company is kicking the crap out of Google. This lawsuit has lasted more than 3 times longer than the Qualcom Lawuit that received the largest damages award in history for patent litigation) AND that since the NETLIST IP Technology is SEMINAL, we should all expect historic damages.
As far as Royalties, because it is seminal, the powers that control the industry WILL NOT LET Netlist rape the industry. In exchange for EVERYONE paying Netlist an ongoing fee, Netlist should and will accept a smaller percentage. My guess is less than 10%, if everyone ponies up. No Bullshit trying to get around or dodge the contracts. Pay the Fair and reasonable amount (FRAND) to Netlist and we will all be happy.
Hope this helps.
I believe you Dr Evil. My statements were not about your words, they were about whether the words you heard are reliable, or "massaged" in some way (by NTLST) and used as a marketing ploy.
I believe NLST was truthful, and I believe you were 100% accurate in your assessment.
I want everyone to know that ALL Management from ANY Public Company that host conference calls read off a script prepared and reviewed by LEGAL to ensure they don't say anything, or imply anything misleading.
Standard operating procedure for Public Conference Calls.
Here is my interpretation of the "10%" comment:
1) The actual #s are confidential not only to Netlist, but to SK, and should never be made public, unless the settlement agreement is made public and the #s are in there.
2) If this # is broadcast, every customer of SK will demand similar or better pricing. So will every customer of Netlist.
3) As the price for the raw material changes (higher or lower) AND the price for the end products sold by NLST changes, so will the profit #s, both gross and net profits.
4) Relax. Trust NLST and Management to get phenomenal terms which guaranteed that Google will never starve them out of business. It ensured that NLST will reach the finish line, regardless of stall tactics. It's basically "CheckMate." Boom, but a ribbon on it and put it under the Christmas tree. Santa was here.
When I saw this note from the annual meeting, here is how I interpret it:
*****************************************************************
"With regard to the “streaming guy” comment during the conference call. Gail stated that production of Netlist branded SSD for this streaming company will begin early next year."
*****************************************************************
Netlist would not commit capital, nor make such a comment publicly unless they HAVE A SIGNED CONTRACT IN HAND, have permission from the other party, and are about to announce it.
Otherwise, they are exposed to liability. So, we should expect a press release within the week regarding this. Time to load the boat if you have not already done so.
JMHO
Don't Forget Lincoln Stock issued at $5.98
This created an invisible gap that has also just been filled.
Here is a Summary of the Open NLST Gaps:
$6.02 just got filled
Open Gaps
Direction Date range
up Jul-12-2021 6.02 to 6.04
up Jul-02-2021 4 to 4.02
up Jun-30-2021 3.28 to 3.33
up Jun-28-2021 2.6 to 2.76
up Mar-01-2021 1.19 to 1.21
Here is a Summary of the Open NLST Gaps:
$6.02 just got filled
Open Gaps
Direction Date range
up Jul-12-2021 6.02 to 6.04
up Jul-02-2021 4 to 4.02
up Jun-30-2021 3.28 to 3.33
up Jun-28-2021 2.6 to 2.76
up Mar-01-2021 1.19 to 1.21
Google is a bank robber!!!!!!!!!!!!!!!
I just posted this on the Yahoo Message Board:
Hey!!! Wake UP Google is a bank robber!! Imagine bank robbers stealing $50 Billion in 2009, then for the next12 years they USE that stolen money to support crazy extravagant lifestyles. They buy Mansions, Yachts, Rolls Royce's Gold bars, rare diamonds and ruby's etc..... Then they get caught. Their Net worth has ballooned to $1.8 TRILLION and they are penalized by paying $10 billion??? Are you FREAKIN' kidding me?? Google, Samsung, INPHI, et al must all be punished to a degree to never before seen in order to stop- Patent infringement. I'm talking upwards of $100 Billion. Potentially $150-200 Billion. They were caught red-handed. Game over. Punish them!! Or there is no rule of law!!! PUNISH THEM!!!!
One Huge overlooked point on discovery:
Everyone is talking about damages as a percent of profits, or market cap.
I even posted earlier that Google had over $130 Billion in cash.
However, this ONLY REFLECTS THE MONEY GOOGLE HAS KEPT ON ITS BOOKS!!!
It does not reflect the expenses incurred by Google for:
1) Stock-based compensation
2) Employee perks
3) Off-shore cash piles
4) acquisitions (did Google pay 3x for a company when it was valued at 1x?)
5) Any off the books expenditures.
In discovery, we'll be able to find out the TRUE Level of money Google made by deploying the Metlist IP.
They may have made 4x its market cap and is hiding this money around the globe. I know I would if I knew I was about to lose a lawsuit.
Hence, the possibility of a MONSTER DAMAGE AWARD!!!!
My take on potential settlement:
IF, this was a normal, small crime in Patent Litigation, I could see the damages be around $1 billion or less.
THIS IS NOT A NORMAL CASE. Google has been proven in a court of law to have stolen seminal patent technology which has played a substantial role in Google's global dominance of the search industry. In 2009, Google was trading at $200 PS. It now is $2636 !!
This is an incredible increase in value (now at $1.73 Trillion) that we, and all NLST shareholders have been deprived of.
When you are found guilty of a crime in this country, you are PUNISHED.
With the SK Hynix money and deal, Netlist is perfectly comfortable with not settling and going to trial, where GOOGLE WILL PAY TREBLE DAMAGES.
A normal punishment is 1% of market cap or $ 17 Billion. If the Court wants to set an example (WHICH THEY SHOULD BECAUSE GOOGLE DESERVES IT FOR LYING TO THE COURT), NLST could be awarded, at Trial, $173 Billion, OR MORE.
GOOGLE has over $136 Billion IN CASH. $222 Billion in shareholder equity.
To punish a monster like this, you have to assess damages in excess of $130 Billion.
Now, as far as stock price, we all have seen craziness in the market. TLRY went from $17 IPO to over $300 in a month or two.....on an exchange. GME and AMC have gone crazy.
This is a company that ACTUALY DESERVES A HIGHER VALUATION BECAUSE AFTER THE SETTLEMENTS ARE OVER, NLST IS THE KING OF THE INDUSTRY.
On the OTC, they can go from $7 to $1200 per share in the blink of an eye, without regard to shorts, gaps or justification. I'm not saying they will, but this is the OTC, NOT an Exchange. The normal rules DO NOT APPLY!
Hold forever and keep buying. Berkshire Hathaway is $416,000 per share.
Bitcoin rose to over $60,000 per share.
I feel NLST will join this group somewhere in the stratosphere.
AMEN
This is the typical war against daytraders.
They wanted to catch all the folks on margin with a forced sell.
If what they have is real (Cure or better treatment) this bitch is gonna fly.
They needed cash. Best to do a deal now than after it hits $20.
Give it a week to wash out all the margin calls.
Everyone in the world with HIV is going to be pounding on the door trying to get some of this. Are you kidding me????
I know they keep count, but I wonder how many people globally have HIV.
I bet the number would blow us all away!
Netlist filed the Micron Lawsuit on April 28th. When is the Micron reply due? 21 days? if so, it's past due.
30 days? That's this Friday.
If Micron tells Netlist it wants to settle, they may not be able to settle so quickly. How will we know? Will they notify the Court by the same time schedule as its reply is due? (21 or 30 days??)
Yesterdays Price and volume action IS EXACTLY what I would expect to see just prior to the GOOGLE settlement.
I think we are within 1 week, maybe 2 at the most. Just keep buying. I did!!!!
Want to SEE the POWER of being listed on a lower Exchange????
Just look at the 6 month chart for ONPH
It was $ .20 to $ .25 (Twenty cents per share) in January.
It almost hit $50 by March 1st.
It's now at $20.
I think NLST has a TON more to offer and bring to the table
One more advantage of being on a "Lower Exchange":
For many investors, being an OTC/Pink Sheet Stock makes it UN-marginable.
I believe that makes it harder to day trade, or just use margin at all.
This limits who has access to the stock. I use webull. They do not allow purchases of NLST, at all. I'll bet other firms do so as well.
And if you are a stock broker, try getting this stock past compliance so you can build a position with your clients.
RE: Netlist being on a "Lower Exchange:"
Q - Why do companies seek to list on "major" exchanges?
A - To attract institutional investors, increase liquidity, Broaden the investor base, hopefully drive the stock higher, access to capital and multiple ways to access capital.
When the Google situation settles, do you think any of these will be a problem for Netlist?
I don't think so. Hong is selling on a regular plan to help market makers maintain liquidity and to help with the short interest.
If Netlist wins to the size and breadth that has been discussed, they will be the "Top Dog" in an industry where demand is much, much greater than supply. Prices will go higher, and Netlist will be the APEX Predator.
So much for being on a "lower exchange."
Just like selling convertibles with a conversion price of $ .40 (Forty Cents) per share validates that the company is worth that too! Remember that one!!!
Try this website.
https://www.otcmarkets.com/stock/NLST/disclosure
Google being sued by Fed as Monopoly. May break them up. This will HELP US BIGTIME. Google's actions as a Bully are exactly what they did to NLST.
Isn't today the last day Google could Appeal to Supreme Court?
What's next?
No more STOP Sign at OTCmarkets.com Is it meaningful? They are still late for June 30 2020 10Q. Any thoughts out there?
No 10K again. Must be tough to audit zeros in the bank account.
What's worse, it reflects a pathetic light on Management (lack thereof).
about 700K in the last few minutes before the open. I'd say that was a buy signal of monumental proportions!!
The way I have seen other cases like this is that when Google exhausts appeal rights, and a final judgment is entered, including damages, Netlist will establish a "Fair Price structure" for all players that have used their technology. This is because it is a seminal patent and everyone must use it.
The industry prevents Netlist from screwing everyone because everyone (or quite a few) in the industry MUST use it.
So, it makes the decision easy. Here's the tech. Here's the price. If you use it and don't pay us, we'll see you in court and you will lose.
No. Hong is going to reward himself AND his buddies, at our expense.
I repeat from my previous post:
Based on the above capitalization information, only 28,466,935 shares of our currently authorized common stock remained unissued and unreserved and available for future issuance as of June 9, 2020.
So, 176 + 96 = 271 million of the 300 million currently authorized are already committed. Leaving the 28 Million.
Re-calculate settlement using 271 million outstanding and watch the settlement share price drop like a rock.
And that's if he does not issue any more from the extra 150 million being increased at the vote.
That's an extra 250 million that nobody has accounted for.
250 MILLION SHARES
Here's your link to dilution starting on page 19 of Form DEF 14A filed on June 24th:
https://www.sec.gov/Archives/edgar/data/1282631/000104746920003838/a2241889zdef14a.htm
Background: Our Current Capitalization
As of June 9, 2020, with respect to our common stock, there were:
•
176,481,802 shares issued and outstanding;
•
13,010,012 shares issuable upon exercise of outstanding warrants, all of which were exercisable as of such date at exercise prices ranging from $0.11 per share to $1.00 per share;
•
13,471,562 shares issuable upon conversion, at a conversion price of $1.25 per share, of $16,839,452 in outstanding principal and accrued interest as of such date under an outstanding convertible note;
•
2,000,000 shares issuable upon exercise of an outstanding warrant, all of which will become exercisable at an exercise price of $0.30 per share upon our redemption of such convertible note;
•
6,916,758 shares issuable upon exercise of outstanding stock options, 5,678,938 of which were exercisable as of such date;
•
2,777,719 shares issuable upon vesting of outstanding restricted stock units;
•
2,404,072 shares reserved for issuance pursuant to equity awards we may grant in the future under the Equity Plan, which amount is subject to annual increases pursuant to the terms of the Equity Plan; and
•
21,250,025 shares and 33,221,115 shares reserved for issuance pursuant to the purchase agreements dated June 24, 2019 and March 5, 2020, respectively, between Netlist and Lincoln Park Capital Fund, LLC.
Based on the above capitalization information, only 28,466,935 shares of our currently authorized common stock remained unissued and unreserved and available for future issuance as of June 9, 2020.
Possible Adverse Effects if this Proposal No. 3 Is Approved
If this Proposal No. 3 is approved by our stockholders, the Board would generally be able to issue the additional authorized shares in its discretion from time to time without further action by or approval of our stockholders, subject to and as limited by the rules and listing requirements of the OTCQX or any other then applicable securities exchange and the requirements of all applicable law.
Approval of this Proposal No. 3 could have the following adverse effects:
•
Increased Potential for Dilution. If approved, this Proposal No. 3 would result in our Board's ability to issue the newly authorized shares of our common stock in the future in its discretion and without obtaining further stockholder approval. Because our stockholders do not have preemptive rights with respect to our common stock, they would not have preferential rights to purchase any additional shares we may issue in the future. Consequently, any issuance of additional shares of our common stock that is not pro-rata among existing stockholders would increase the number of outstanding shares of our common stock and decrease the ownership interest of our existing stockholders, as well as their percentage interest in the voting power, liquidation value and book value of our common stock. Depending on the terms of any such issuance, this dilution could be significant. In particular, in light of the current low per share market price of our common stock, our stockholders may experience material and substantial dilution if we complete an equity financing in the near term. For example, assuming a sale price per share of $0.20, which was the closing sale price per share of our common stock as reported by OTCQX on June 9, 2020, and also assuming we complete an equity financing that involves our issuance and sale of shares of our common stock and no other securities (such as, for instance, warrants or convertible notes), we would need to issue and sell 50 million shares of our common stock in order to obtain gross proceeds of $10 million. However, because we do not
20
Just read what the company is voting on in the upcoming meeting. AND, all the info is in the 10Q/10K. So, if you're not aware of it, do your homework.
Huge Dilution is coming! That's why the stock is not going anywhere. Hong is about to sell 20 + Million shares (at $ .31) AND have access to 100 million more. Institutions won't buy until they know the price that Hong is giving to his buddies.
I'm referring to what has been displayed at www.sec.gov . Not the OTC Website
ALL SEC Filings are GONE!! Everything filed in 2020 and 2019 and 2nd half of 2018 are GONE!
Without some kind of an advance notice, this is bad.....really bad...
Like they are about to disappear. Anyone have any comments or news to share???
A bill to authorize CBD foods was unanimously approved by the California State Assembly’s health and appropriations committees last month. Senators will take up the bill June 12.
If lawmakers agree to authorize CBD in food, Gov. Gavin Newsom is widely expected to sign it. The law would go into effect immediately.
SA Article is Hooey!
This stinks of government intervention! The only losers are Public shareholders. Dirty under the table deals; money deposited in foreign bank accounts; we'll never see it, but we all know what happened. Vringo won but only the insiders will benefit. We got screwed. We'll never know nor see any of the real money that is being exchanged. But our money was used for the lawsuits.
Where is Schedule 3.6???????????
3.6 Financial Statements.
3.6.1 Financial Statements. Attached as Schedule 3.6 are copies of each of the following:
(a) the unaudited consolidated balance sheet of the Acquired Companies as at December 31, 2014 (respectively, the “Most Recent Balance Sheet,” and the “Most Recent Balance Sheet Date”), December 31, 2013 and December 31, 2012 and the unaudited related consolidated statements of income of the Acquired Companies for the fiscal years then ended (collectively, the “Annual Financials”);
(b) the unaudited consolidated balance sheet of the Acquired Companies as at August 31, 2015 and the related unaudited consolidated statement of income of the Acquired Companies for the eight months then ended (the “Interim Financials”); and
(c) monthly unaudited financial statements of the Acquired Companies in the form customarily prepared by management for internal use for each completed month from the date of the Interim Financials through the date of this Agreement (the “Monthly Financials,” and together with the Annual Financials and Interim Financials, collectively the “Financials”).
It seems to me that VRNG is choosing to "strangle" ZTE, rather then give them a court decision that is appeal-able and potentially reversible if they can buy the right judge, like google did.
Without a decision, ZTE is stuck in limbo, as their competitors gain market share, and their partners pay a penalty for waiting it out too. Soon, ZTE partners will start looking to make deals with others, because ZTE cannot deliver the goods.
Unless ZTE voluntarily submits to a settlement, they are blocked from moving forward.