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I sincerely hope you are right but my 30 years of litigation experience in the insurance business involving this specific coverage tells me that we will be waiting
I see that the case has been going on for years however in relative term( in relation to the potential award) the litigation cost have not been significant for them up to this point.
It is true that all of the parties that have been sued have hundreds of millions of coverage going back to 2012. Once these companies submit a claim to their respective carriers the carriers have a duty to defend them and pay the legal fees for the litigation. The carriers in turn then have complete control as to whether they decide to settle the case. They usually never decide to settle until very close to the trial or actually during trial once they see how the case is progressing. They will all have staff at the trial monitoring the case. It is very unlikely that there will be any settlement until the trial period unless they feel it is in their best interest to initiate settlement before that time. The companies that have been sued very likely believe that they have ample coverage that protects them so they are under no immediate pressure to initiate settlement discussions any time soon.
Good point
They will quietly divest instead
They don’t ask these kind of questions in a public forum
I didn’t expect any discussion whatsoever. It’s not a negative that it didn’t happen. They won’t discuss this sort of thing unless directly asked. It would come in an 8k at the last possible moment
Thanks man
So there could be many more shares outstanding than we are assuming?
I’ve got 8m shares with a sell order at 5 bucks too. That should about get the job done. We’ll see if it gets there
I told him to lock it up
I talked one of my buddies to buy some more at lunch today. Nothing more to it than that
Seems to me that a deal forgetting the past and just 1.5 percent of the go forward revenue would be an easy settlement to get to. Painless for the 13 based on what they charge us
If this gets to .75 a share I will never were clothes again unless I want to
I’ve always thought we are going to hit a home run or the stock is going to be worthless. There is no in between the two here. If you don’t see it that what then you are just flipping. Nothing tells me at this point that it is going to be either. That takes place when we find out if this all works. I have invested with my eyes open. I hope the rest of you did the same
A company the size of Arris would carry about 200m in liability insurance annually. Since the infringement happened over several years the limit of liability would multiply by the number of years involved
It depends on the terms of the sale of the division involved. If it was an assets only sale then Cisco would retain the liabilities. We would have no way of knowing.
The second meeting was closed to the public
Thanks brother. Just bought a bunch more
You did nothing wrong. I took 50 percent of my outlay off the table over the past few days. If it bounces to .03 I’m going to take the other 50 off the table. I want to ride feee shares to settlement. Lots can go wrong here
I’ve gotten crushed on my position in this ticker. I’ve been able to lessen the pain on gains from other investments. That being said, I believe in the science here and am confident that this one will pay off in the end. We won’t see any gains until real result are revealed which will happen. You just have to understand these biotech stocks require patience. This one more than others due to the one two combo of Ziv and JF. They both stuck it to us in the short run.
I’m all in on Uoip. Once that settles I’m going to walk the earth like Caine from Kung fu.
I’ve been eating up shares like crazy.
I bought 900k shares today and everyone of them showed up as a red(sell) on the trade section of iHub. I don’t think the data is accurate
I agree 100 percent. I’ve bought several million shares over the past month. I’m very excited about what is going to unfold over the next 6 months.
I expect an extension filing
I had mine filled @.017 also
This is also why the settlement will involve royalties going forward imo
100 percent agree. I believe that we will wait until a few days before the trial date to agree on a settlement. This would give us maximum leverage.
Agreed100 percent. Zomby is the man!
Been loading almost everyday for the past few weeks. This is going to be huge for us
Happy to
800000000 is owned one investor. Float is low. Do some DD. They seem to have some patent infringers by the balls.
70 percent chance everything is BS. 30 percent chance we hit a home run here. Good release of data changes things dramatically.
What I find odd is they seem to do everything in their power to keep the price of the stock down. Not being transparent with their shareholders and keeping everything close to the vest. They either have absolutely no products that can be viable or they have something precious that they don’t want to reveal until it is protected legally. I would think that if they had nothing then they would pump so they can sell out for a quick buck. Just speculating but human nature makes me think they are protecting something.
This is legal protective language terms. It’s just let me when u go to McDonalds and they tell u the coffee is hot. I’m in the litigation business. I see it all the time.
Of course this 10k was going to be a disaster. All they did last yr was research and spend money with the results reported this yr. We all already knew last yr was a tough yr based on the pps. What was everybody expecting? Efficacy and safety results published in this report? Cream sales in Europe and California announced? The real news comes in a few weeks
It’s clear that the new legal team has inserted much more protective language in this report
The only good news from the annual would be some info on partnership s or funding that we didn’t know about already. All the other info we are looking for was due to come out in Q1. It would be nice if they hit us with the promised semi annual letter from the chairman today as well.