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They had to take a shot at a reversal because it would have greatly improved an already good case. They did not lose any leverage but stood to greatly strengthen their leverage if they won.
Thanks friend
Thx. He is but he didn’t seem to know. I live in Chicago and he is in PA
Does anyone know if 822 is a more significant patent than the others or are they all about as significant as the others?
It started at 10 am est
She’s a sister
They have up to 180 days to issue a decision to my understanding
Thanks in advance to those folks attending to hearing tomorrow. I really appreciate the effort!
I wonder how this would be taxed if the shares are in an IRA?
Boy I hope u are right. Next tues will be interesting
I would suspect that Cisco will use their influence to get the right panel judges.
So I guess the only way we see money is a buyout or Billy decides to give us a special dividend after a win or settlement. A buyout would most likely only happen after a court win as this would establish our patent. A special dividend would be whatever the board decides it should be.
Agree. Ploy to get the settlement down.
I believe that we will share in the settlement as we take this from just a troll exploiting the system to a group of investors that were screwed over by the big boys. We exist as cover and it’s worth his while to pay us.
Could happen at any moment. Could be that Arris and Cisco need to be in agreement with any settlement to trigger the indemnification clause. If they settle without that agreement it could impact the indemnification process.
I run a division of a commercial insurance company that deals with this stuff everyday. From what I’ve seen, all it takes is a sliver of liability to lose big in front of a jury. From what I see here they have a mountain of liability they have to deal with so we won’t be going to trial unless Billy really wants to
Could be but my experience is the decision dialog typically is very sober in relation to best and worst case outcomes. Worst case outcomes are avoided at all costs and the worst case outcome for the other side is a trial. They know they won’t be going to trial already imo. After the Cisco hearing the discussions internally will be whether they can save money by settling early.
Personally I think serious settlement negotiations will start soon after Aug 6th. The price of settlement and the risk of our side forcing a trial goes way up the closer we get to a trial date. I think we will see a settlement stay somewhere between Dec and March. The other side simply cannot risk a trial. I don’t think they have gotten to Billy’s number yet
Just read the SEC document that was posted today
If we settle for over a Billion I won’t tell anyone-scouts honor. Good point Stock. They may want to keep this very quiet
Exactly. I would have liked to have traded it a bit through the appeal process
This could string out another 5 years....but you knew that when you bought your shares. This case is potentially huge so all the more reason it could drag out.
Lesson learned. Once the first lie shows up u need to sell. I can think of 20 lies I rationalized away on this one. My losses are on me
Haven’t we all seen this sort of stuff over the years enough to know how this will play out?
This has been my concern as well. There is no doubt that a settlement will be under a NDA so the trick for us is to figure out what that would be. Since all owners have common shares this may not be such a big problem for us. Has anyone here had any experience with this scenario in the past with other IP cases?
We just lost 80%. What just happened??
This is basically a check off the box process that needs to be followed by law firms. If they don’t they can be sued by their client for not defending them appropriately
I just can’t see a scenario at trial where we lose. The patents have been verified, we alerted them to the infringement, infringement has been verified at the PTAB board, we have the Workman decision and we are going against hated cable companies. From what I can see we go to trial if we decide to not take a settlement .
We should all be ok with a trial. Biggest payout!!
That’s true. Keep in mind that about 96 percent of litigation settles pre trial. Our wins so far will bring that percentage up to 99%. IMO the outstanding stuff is really a factor in how big the settlement will be. The defense side must go through all the necessary steps before the decision is made because the settlement amounts will be decided at the board of director levels of these companies and they will expect that all the defense steps are followed before an agreement is made.
Thanks friend. I like our chances here a lot. I’ve been through the decision process on whether to go to trial or settle so many times. This is setting up on the settle or buyout side by a wide margin. If we had a weak or incompetent judge this would play out several more years IMO
I believe he does. There is a question as to whether the company may remain an ongoing concern if royalties are involved.
A Non disclosure agreement is used when the paying party does not want the general public to know about the details of a settlement for PR or other specific reasons. These are high profile companies that are secretive
Also my comments are based on a settlement scenario. It’s also very likely there will be a buyout of some sort
If we get screwed then Billy will also be screwing himself since he owns common shares just like us
Concerns me tools, but due to the structure of the shares not so much
The way I see this going down is reps from their side will ultimately get into a room and a presentation will be put up on the screen showing how much money everyone made off this tech and a decision will be made collectively to settle (quietly under an NDA)as a cost of doing business. Everyone will pony up regardless of indemnification agreements.
I am so bullish on this right now. I’ve been in the commercial litigation world for 32 yrs. defendants will take cases to trial if they are more than 50 certain of a win or they will take a negative verdict if they see appealable issues. If we get past the Cisco appeal they simply cannot take the chance on a trial verdict. It looks like Judge Andrews has removed any appealable issues pre trial. Even if we lose on the Cisco appeal they still can’t risk a trial.
My take is they want to put a reasonable deal on the table before the Cisco appeal is decided. Best chance to settle before Billy gets bold with a win there and takes this all the way.
The question is whether it’s in Billy’s range. I think royalties are the key to this