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Ahhhh that makes sense. Indeed, you could be correct, I believe I mentioned it to everyone as soon as I found it and got up to speed. I learned of NLST through my uncle who I happened to bring to the other one that went terribly. Him, amongst others of my family. Hoping this one works out differently, much different type of challenges here than we had there.
I also have been one to be very careful what I share with family and friends given the risks. I will say I am much more heavily invested in NLST then I was in the other (5x as much). Currently sitting around 35% down total due to some hefty buys around $3-4.
Glad to hear from you again. Hope you are doing well and we get some real value out of this one soon. Talk soon!
Have to say it was a joy to see you posting here. You had gone missing on the old board and we all had worries about you.
Glad to see your still kicking and putting you money in the right places.
I do not post much here on ihub anymore, but check in from time to time. Take care of yourself goof.
Trust in Billy!
Trust in the inventors!
Do you have no trust? LOL!
Great points.
I think most here agree with your sentiment. And it would explain the abnormal intellectual properties activity for Cisco right at the same time this case was being settled with the 13 at the beginning of trial.
There is clear failure to realize the sheer value of winning lawsuits this size against tech giants like Samsung and Micron/Google to follow. Appeal or not, it does not matter. The appeals almost always fail, and Gilstrap went to great lengths to ensure an appeal would be moot. An uplist is not required to send a stock to many multiple billions in MC. Take Luckin Coffee for instance - caught cooking the books and yet still smashing resistance walls for huge gains. When there is value - the uplist is not as important - just another catalyst down the road. Once this company begins acquiring licensing for it's products and collecting mass revenue from said licensing - the settlements/awards will just look like icing on top of the cake.
An appeal will get some short termers and shorties to put some downward pressure, but long term holders could care less while knowing what the end game here is. And long term holders welcome any discounted prices. I'll be happy to follow up with you here in the coming months.
The fact that we are less than half value off the high in 2021 is absurd. NLST is way further along in their progression and just acquired a windfall from Samsung confirming infringement and licensing to come. Not to mention Micron is next in their sights with Google not far behind. The licensing revenue coming here is astronomical and it has been confirmed through legal court proceedings. Yet this is trading less than half value from the high at a ~$1 billion market cap. Comical at the least.
Good luck with that.
Are you sure? I guess if that is what CBV has told you, then it MUST be true.
Why has Ying (lawyer for the 13 in the Chanbond vs. MSOs case) mentioned that $125 million was the settlement amount but that was not all that was included in the agreement? She further proposed to the court that the agreement terms stay under seal to protect the 13. I invite you to take a look at the $1.3 billion intellectual property asset that Cisco acquired in June of 2021. Coincidental timing? I think not, as this is not a common thing for Cisco in their intellectual property assets over time. And being that Chanbond would be renewing their patents in Sept. of 2021 and going after all other of Arris/Cisco customers - this had to be done prior too.
You see had they written these terms (sale of the patents) into the settlement with an NDA, it would have been a material event which would have been shared to Cisco shareholders. But instead they acquired the patents and considered it a non-material event as they gained an asset in return (clever design). This was the smartest way for Cisco (one of the main culprits that would be on the hook with all of their customers) to get out of this mess.
Credit to one of my dear friends that has followed this board for most of this intelligent thought process that makes the most sense.
I estimate the clubhouse is going to really get things in line now that they've been afforded some real power in this case. Me thinks Deidre and Billy are in a real pickle on this one. Filing a derivative action on behalf of UOIP shareholders, when she was not even a shareholder to begin with? Laughable. Where did those shares go? Could Deidre and Billy have been selling off their shares before delisting as they had NO intentions of including shareholders their rightful share of the funds? Seems like a real pickle for some criminal trouble coming thereafter unless they want to come to the table quickly. Selling shares to willing investors who are purchasing a piece of the potential pie to be acquired in the lawsuit knowing they would never be included per their own actions to cut them out is fraud. This is one example amongst many others of their fraudulent activities. Deidre has been in the spotlight recently, wait until they start digging through Carter's actions.
I guess that whole arbitration was a big hoax as some here predicted after all? Looks like CBV is likely privy to some information that leads to a lot more on the table than the $125 million nonsense being presented. This is why they didn't want shareholders to have a seat at the table and negotiate a higher sum with the southern gentleman and his lady.
So shareholders should leave their care in the hands of CBV who has already worked to keep shareholders out on the sidelines with no intervention. Seems plausible, I feel like I've heard this narrative before - "Trust Billy", "He is a gentlemen", "He is a common shareholder like the rest of us"... Lessons should be learned.
Yet every action they've taken legally has been in opposition to our intervention. They are 100% looking to settle this out themselves with Carter and Deidre and walk away without shareholders getting a dime. Not sure how anyone could argue against that based on their actions.
Just like a lot of other things in all the shenanigans that Billy and Diedre did in this comical story of UOIP. The inventors unfortunately picked the wrong group of people to handle this and then put way too much trust into some idiots that were out for their blood from the get-go. Hard to imagine any shareholder should have an ounce of care, though. These inventors also clearly made an effort to cut shareholders out of the pictures hoping for a bigger cut of the pie. This much has been made very clear with their actions. They deserve to get screwed just like the rest of us have been.
They have been privy of this nonsense well before the settlement even occurred and never raised a flag in court until AFTER the funds were secured. Might have been nervousness of creating a storm before there were available funds in the middle of an intense lawsuit that was close to trial - however, their actions are very suspicious here just like every other involved party.
Only way the court sides with this decision is if they do zero due diligence on the case. This is laughable.
The fact that Gail's sales are even a topic is hilarious. She has a track record of selling shares to supplement her income.
Take a look at Hong, when was the last time he sold? And he has more than 10x her amount of shares.
With all that being said, there is sure a lot of work and dedication here on this board even after this thing has been dead and gone for so long LOL!
Agreed 100%.
They need to get the bear off their back (legal costs) to show profit. They have proved they got their efficiency in order in terms of more sales leading to more profit margin. Now it is just the problem of getting rid of the legal costs.
At the same time they will be ridding themselves of legal costs, they will likely be getting a very healthy supply of cash which will hit the bottom line directly from damages/settlement.
And finally, the most important factor, they will be retaining licensing agreements with these tech giants and be acknowledged officially in the industry for their origination of the tech and be compensated for it going forward which will drive their revenues (and profit) through the roof. This stock is a real diamond at this moment in time, especially for the huge discounted rate.
Might have a little to do with shorties trying to apply some pressure on what is seemingly a bad earnings report. Everyone knows the memory industry has taken a hit across the board. NLST still did very well in terms of revenue and profit outside of the additional legal costs. They also maintained a very healthy cash position which is what most were concerned about in this earnings report. I think the shorts are using this as a little bit of a fear tactic to try and get the price rolling down some on some added pressure. We will see, but we know there is a lot to cover out there still and they have been getting pummeled here for the last 2 months or so. Digging a deeper hole is all their doing. And another thing people do not keep in mind - these big firms that short companies like NLST only pay attention to financials - they do not have the resources to keep up with all of the legal proceedings in every company on the market they touch, which could really make this blow in the coming 3 months. This is why they are so willing to short NLST at the moment.
I would agree with this sentiment. Not to mention, the opinion of this author does not really matter in what they "think" about the viability of the technology in question. The PTAB has already stood by the patent-ability of this technology multiple times. And if it was nothing of note for these tech behemoths, why would they continue taking this back to the PTAB for another look? Clearly they have real interest in spending millions of dollars in litigation to avoid trial because they are aware of the liability this tech poses to them in terms of infringement decisions at trial.
I would agree with the author in terms of turning this into a profitable business, but they also miss the fact that the profit has been extremely effected by the costs of litigation to get their fair treatment in the industry. The true margin on this technology is healthy, but when you spending millions a year to cover legal expenses, obviously your profit will take a major hit. What should be followed closely is their sharp increase in sales over the last couple of years due to their strategic partnerships and long-deserved acknowledgment in the industry.
Good luck to this author and his followers taking a short interest in NLST with all of the triggering events coming over the next couple of months, and continued financial gains YOY... LOL!
Who wants to bring their innovation to the US when the tech giants take you to the cleaners with the PTAB time after time and on the other hand you got financial giants mashing your share price to oblivion with fake shares.
Seems like a disaster for the US moving forward if they do not do anything to clean this nonsense up.
I'm not sure how much I believe in naked shorting without having any time limit on covering. I've heard that many times over the last couple of years but it seems far-fetched. The groups doing so would get too greedy and just naked short everything to worthless to cash in which would destroy the market entirely. It cost them nothing to take the short position and they gain in a big way by buying back at a fraction of their sale price. In theory they were aloud to naked short for unlimited amount of time to cover the shorted shares, there would never be a stock worth buying because they would bang it down to worthless. Also the trading float would be much higher than the OS or even AS structure. Not to mention if naked shorting to oblivion with no time limit was aloud, we would never see short squeezes, because why would anyone take a loss when they can just hold the shorted shares forever.
I think there is definitely abuse in the system for covering the short interest in proper time frames and there is definitely naked shorting where they do not need "available" shares to short - they just short shares which itself raises the OS above it's real count. And it's very easy to see NLST has been shorted heavily just by watching the daily action and volume. I get the feeling they are getting worried here though because the volume is trending up in line with the SP lately.
I have watched some of Wes' material and it makes a lot of sense. Unfortunately there are very few fighting that cause that Wes is fighting. Too much money and control up top. Congress continues to claim to protect the people while profiting in a huge way by allowing these hedge funds and financial groups smash out value on everyday companies that are trying to survive. It's pretty unfortunate that this is still happening in the 21st century US, just like the election problems were having.
I do think NLST's fundamentals are too strong and will prevail after all is said and done. The tech they have on the plate is too influential and they are getting their ducks in a row (with some hiccups along the way). Once we get uplisted, the sky really is the limit in terms of the royalties to come from these tech giants and the windfall settlements. Netlist will finally get out of operating loss territory and expand in a big way with healthy margins.
It's okay, shorts just continue accumulating a heavy short interest which they will have to add to the buy pressure later on for. This is only trending up now with the latest action this month and the stay getting denied is big for progression in the Samsung case. Samsung seems pretty fried at this point by Judge Gilstrap.
I still think we will get a rally in the afternoon and close $1.80+, and the volume always bodes well. There are not many people holding NLST that are selling at a time like this before any of the actions in court have taken place which are some of the real drivers in bringing buyers in the first place. We should be $5+ by March.
Yeah that is something everyone needs to keep in mind. None of what we know has been made official yet. That's normally pretty important for market sentiment.
The good news is, the same guy who reported what took place at the Texas hearing was in prior hearings and what was reported was 100% accurate.
The shorts are trying very hard here today. If they continue beating the buys down with a constant faucet of sell volume they could turn the sentiment around regardless of news. It's pretty amazing how much they are willing to get underwater on this stock. There are already tons of shorted shares out. Short squeeze will really be nice on this one.
Shorts better do a better job of handling this before they lose their arse. $2+ close is in play today.
They are, I can tell you as a younger investor myself (29 years old) and I have many friends and some family who have come to this stock, especially in the past couple of months. I have only been here a couple of years, but this is the biggest winner I see on the market at the moment in terms of sheer potential.
All of the momentum is really giving this a go now. I guess it is well deserved for all of those who held through the absurd sell off in the 2nd half of 2022. Could really see us driving to $3+ by late next week.
Good volume on a green day with great news is definitely good. Hopefully keep some momentum against these shorters.
It would be smart for Micron to get out right now while the water is calm. But a lot of times it seems the smaller fish follow the leaders.
Which means the first one to bite the bullet gets the best deal. One will capitulate to save themselves the deeper costs with the rest of them.
Yeah been watching all day. Their tactics are clear and work most times but you cannot hold this one down with the IPR news today and the fundamentals here. I think we are looking at a real rebound going forward as we got past this IPR nonsense for a final time.
Good luck to us. Looks like this could be the year NLST makes major moves.
It is pretty comical watching the action on mornings after runs. The shorts are definitely scared on this one. Fake wall at 1.55 getting smacked to hell they can’t stop it.
Right, I picked up another load at 1.40 right before end of day when it started running again. Glad I averaged down when it got shoved down under $1 too.
Well my prediction was close lol. .02 off is not bad lol. Almost 1 million volume nice too. Bodes well for remainder of week.
Would be a very nice move for the day. I am going to predict a $1.52 close.
Looks like we might approach 1 million volume which will definitely send some signals for the remainder of the week. Hopefully we keep the strength, but most all of us are longs anyhow so guess it doesn't really matter a whole bunch.
That is a big chink in Samsung/Google's armor, they do not want to release sales data because then valuations can begin being analyzed on the potential damages. They will lose a lot of leverage if ordered to release and probably begin more serious settlement talks. But I'm beginning to agree with others here that Chuck is out for real blood here and might only be encouraged to settle before any potential award if he is put into a serious financial situation.
Samsung is peanuts compared to Google by the way. And this sets more precedent for those other suits.
The suit against google has EVERYTHING to do with NLST.
Any funds acquired in a suit against google will raise the intrinsic value of NLST which will in turn raise the market cap of NLST in correlation to the amount secured in a settlement/award.
Any licensing/agreements made aside from the settlement/award will also raise the market cap of NLST.
And where do you get your $10 billion number from anyhow? Any sources to valuation expert's testimonies? At the end of the day the awarded/settlement amount will be tied back to valuation expert's testimonies. That is how patent infringement works in terms of valuation. The judge doesn't throw darts at a wall and determine some number much like I'm seeing here.
It could very well be $10 billion or even more. But just throwing numbers out doesn't work.
The point I was making is that even if it were $1 billion or $3 billion, this would still be considered an enormous win for NLST and it's investors. That event would trigger likely buy backs and enhanced expansion of their product across the world now that they would have the resources to do so. Not to mention all executive level management could focus on their product and expansion rather than fighting for what they have right too legally (an extreme time exhaustion).
I believe if NLST prevails against Samsung in this latest bout of nonsense then settlement talks could heat up with Samsung/Google. However, I am very aware from prior experience that these tech giants favor running the course almost to trial or actually to trial before settling in order to exhaust all possible delay tactics. The only thing that would encourage them to settle before trial is very serious doubts of any positive outcome.
I went through a similar slam-dunk case that UOIP had with all of the largest cable providers in the US. It went on for 9+ years through the PTAB, etc. After they won for the final time in the PTAB (2 separate runs from hired patent infringement defense companies) it took another 2 years to get to trial due to COVID/delays and they settled after 1 day of trial. Their willingness to run out the distance until trial and then to settle at trial to avoid treble damages for willful infringement seems to be the standard for all giants.
Hopefully we can get this latest IPR behind us as it seems we are already on the right track and get these guys to trial finally.
$10 billion could be possible given the parameters of scope this tech covers, however I would temper expectations. NLST investors should be thrilled with any multiple of billions given the current inefficient market cap this company is carrying due to extreme sell-offs in the current nervous market. Not to mention virtually all of those billions of dollars would surely be used for buy-backs and enhanced mobilization of NLST's product. Finally, licensing deals would really move this ticker into the heavens after their product is finally officially acknowledged across the industry it operates.
People laugh because the numbers are so big, but $50-70 PPS is not out of the realm of possibilities once this thing settles. The questions is - when?
And NLST will only continue to grow at an exponential rate after these lawsuits are all complete as executive level management can begin focusing on their product and be rid of trying to be compensated for their product.
I think 2023 could really be a fruitful year for all those invested in NLST.
Happy New Year all!
Unfortunate - my prediction was possible as there was a race to $1.50 again end of day but someone decided to sell 20-30k shares into the ask smh. I'll never understand.
Good point. Not nearly the tax loss harvesting we have been used to over the last 5 years of great market performance. Not a whole lot of gains to be worried about for most LOL!
January should definitely be a good month. If we can hold $2+ through end of year I could see us climbing to $3-4 in January.