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Samsung, LG, Interwoven Conclude Litigation over Vertical’s Patent Infringement Claims
Posted by Bala Krishnan on March 31, 2014 at 12:08am
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Case Filed: Nov 15, 2010
Case Closed: Mar 24, 2014
Court: Texas Eastern District Court
Judge: William C. Bryson
Case Summary:
Vertical Computer Systems, a provider of Internet technologies filed a complaint against Interwoven over two of their patents covering systems and processes for generating websites. Samsung Electronics and LG Electronics were the other named defendants in the suit. The complaint alleged that defendants infringe two of Vertical's patents by manufacturing Interwoven TeamSite 2006 software, LG Ally smartphones and Samsung Galaxy products.
Both patents-in-suit: US6826744 and US7716629 are entitled "system and method for generating websites inan arbitrary object framework” and was legally issued by USPTO on Nov 30, 2004 and May 11, 2010, respectively. The patents are scheduled to expire by Oct 01, 2019. Vertical is the current assignee[ii] of the patents (source: MaxVal’s Assignment Database).
Cording to the complaint, Interwoven, LG and Samsung are liable to Vertical in an amount that adequately compensates the act of infringement, which by law cannot be less than a reasonable royalty and added that Vertical will be ”irreparably harmed” without the issuance of an injunction.
Interwoven was dismissed from the suit in Oct 2011 as result of Court granting the motion to transfer the case to District of California. LG and Vertical filed notice of stipulation where LG was dismissed with prejudice. The litigation was proceeding against Samsung until recently when both the parties moved for stipulation and court ordered all claims and counterclaims be dismissed with prejudice.
Slowly, but surely.
Thanks JQ
Been waiting for well over ten years, but things have never looked better than @ this present time...
Waiting for the 1st Q filing (LG). Samsung 1st or 2cd Q.....Interwoven settlement details- HPQ ?....Emily...
Mr Wade told 3 shareholders in person that V will be rolling out their own product soon (that was last Summer).
Fiber optic patent....
Many other infringers.
If there is another legit company that has the 'explosive' potential that V does...frankly, I'd be surprised!
As a poster writes on another board again and again....
VCSY has (two) patent properties in each and every android!
All the Best!
VCSY....Patents '744 and '629 are in each and every android...VCSY settles with LG Dec 2013 and now Samsung (few weeks ago) ---awaiting 1st Q filing for details.
Presiding Judge (Gillstrap) re VCSY's I.T. 'patents are state of the art and can not be replaced'.
VCSY settles with Interwoven- pacer filing 2 plus wks ago- 60 days to work out details. HPQ is parent company
Then the is 'Emily'...will become an 'adult' patent May 5 2014...
Do you own DD...All the Best!
He is and has been busy....pacer filing three weeks past- Interwoven has reached a settlement with VCSY ...
Parties have 60 days to report settlement to Judge otherwise the trial will begin as scheduled (around 3rd wk in May).
Repeat- Interwoven/ VCSY have reported a settlement...
Stay tuned!
Emily patent approved last fall and on May 5 2014 ( 6 months) 'child' patent becomes an 'adult' patent....
What can Emily do?
http://m.prnewswire.com/news-releases/vcsy--at-the-epicenter-of-the-new-truly-global-internet-revolution-82461977.html
Written back in 2001 it took many years for patent approval but it should be well worth the wait...
Emily provides the access to communicate with anyone in any country with ease -no more language barrier- Emily interprets for you! Imagine with the language barrier 'lifted' the positives re business, tourism ect ect
VCSY has both LG and Samsung signed licenses-patents 629 and 744 are in each and every android..
repeat- Vertical patents 744 and 629 are in each and every android- the widely popular iphones selling throughout the world-
Quarterly revenue reaching 5 billion $ for Samsung alone.
Judge Gillstrap stated from the court this past year (referring to VCSY patents) as being 'state of the art that can not be replaced' .
One could assume that Emily would be a very attractive companion (added) to android...
We wait for the particulars of the settlements to be forthcoming as well as the 'roll out' of Emily...stay tuned!
All the Best!
Stem Cell therapy introduced intravenously is here-today-as mentioned in a previous post.
ie by means of a cathretha -stem cells can be injected directly to the heart introducing regenerative healing to any area of the organ -never before thought possible-a damaged heart had always been considered irreparable.
(Adult) stem cells retrieved from fatty area of the patient -washed and spinned clean-then injected into the same patient sans enzymes is the way to go.....
SVFC is in a very good position!
HYSR closed @ .0051 on March 3...opened the following day with news (re the hydrogen industry in general) and has been running on the coattails of other (hydrogen companies) since......
It's trading @ .08 cents presently.....
SVFC is in a very interesting position as the longs well know.....
Should have taken heed of the many warnings.... dilutuion is killing us!
Buffalo- good info....thanks! em
Just an observation-34m (as reported) short vol -total vol 60m...
One might think SVFC would close down or flat at best- yet pps closes up 15%?
Does short vol include short selling and regular sales?
Are (only) MM's entitled to sell short on pennies or can you or I?
SVFC has had three runs (shorts covering?) during the past several weeks - lasting no longer than a single day-but the vol did not seem commensurate or even close to the OTC short sales accumulation as reported.
Then again, much of the movement may be simply MM manipulated....
Generally speaking, I am ignorant re short selling, but am more than puzzled by the numbers reported on the OTC short sales list-
Particularly on a day (like yesterday )-SVFC makes a nice steady move in the pm despite more than 40% short sales (as reported) -morning trading was slow and seemingly uneventful.
????
Thought provoking posts......
that contribute and inform members of this board are much appreciated!
Embryonic Stem Cells was the 'talk of the town' just a few years ago....
No longer!
After (many) years of working to be competitive, hydrogens companies are (finally) showing some positive signs that profits are possible in the near future ie BLDP-PLUG-FCEL-HYGS..
HYSR came out with a PR today just riding on the coattails so to speak- no sales- but it's interesting to watch how the pps is responding today (rising tide) based on the potential of real companies .
SVFC has a real product, a very competitive one at that and maybe on the cusp of becoming a serious competitor in the market of this 'new' and innovative medical technolgy- state of the art breakthrough in regenerative healing.
For example---Dr Calapai (East Meadow NY) applies Stem cell Therapy re fat cells (not sure if enzymes are used) ...
He is traveling to Fla March 20 to learn a procedure of using the stem cells (from a patient own fat cells) to be introduced intravenously- having the capability to relieve or even reverse a whole host of maladies...
Adult stem cells are here and the potential is truly amazing....
Stay tuned!
Strange....slow opening for the second day in a row...em
The A/S increase is now 3 months old news and it will only effect the pps if dilution commences-
I am trusting the board of directors and the reasons given for the increase....
Relatively small volume- shake down it is....
I believe Anna had a phone conversation with a board member and stated ( a week or two past) the next PR will be 'significant'..
Maybe someone has better recall than I and can elaborate further.
Per buffalo's email to me re (Anna's email)...
'PR coming very soon'.
Thanks again, buffalo!
Is pps being 'held' in place for institutional buying? em
Volume watch today ...em
Game over Naz, GAME OVER
This is from BRYA Naz you told me yesterday to get ready for the 70 mil. dilution that was coming ,and you were right .We got hit with 35 mil so don't we have to wait for the last ax to fall? Hey on the side my suggestion about passing your act on to the SEC didn't have anything to do with this transformation that is on display? I hope not that could work up my ego and I have not played this game since I was 16! GLTL
This is from BRYA1278,I am at my brothers house. I talked to Rick from IR today. He said that he knows of no pr this week,and that Floyd will be on the radio Feb. 11. We talked for awhile but the questions I was asking { How much cash do they have on hand? How much will it cost to get Simons and Edwards at full productions?} and questions like that can only be answered with pr's. He did say that he was going to ask Floyd to address the condition of Simons and Edwards on the Radio program.
tw...1.5m thanks for your efforts!
i.t.m.d.
Only been 'in' for several weeks now but have found your work and effort an asset ...
Very few pennies have the potential to compete in the market and this one just may make it!
Thank you !
All the best!
Caught Dr Calapai's radio program (for the first time) on WABC this evening. He mentioned Stem Cell Therapy (extracted from human fat) a number of times. In fact, he had administered SCT on his own knee (one application and it was as good as new within a month. Apparently, he is very active in athletics.
Dr Cal East Meadow NY said Stem Cell Therapy ' will explode this year and next'.
Posted before on behalf of my brother (Bryan) who has taken the time to call Rick @ IR 3 times...
He has reported to the best of his ability what he understood after each conversation-here is no doubt some of this 'stuff' leaves many of us confused and Rick is not exempt either IMO.
As for you, I should have recognized simply by your username alone that you have 'issues' and you have certainly proven to me that it was a mistake on my part to believe you.
I will not recount now your many predications and (miscommunications) ... some of the others board members like myself have been left reeling from the consequence of believing you-
that is one big risk we all take on these boards.....
I'm still in and hoping for the best but rest assured I will not read another post of yours!
ps You do put together a well written and convincing report- shame on me!
The post by johnboy was from BRYA,I am at my brothers house and forgot to sign in.
Well heres my 2 cents. I never thought much of the Bakken deal because of the location and the investment that would have been required to get the other six sights up and running.It probably would have been cash positive but manpower and management requirements would take a enormous strain on Texas and Oklahoma.I was planning on selling if it went threw and we got a big pop.If it was a bad deal isn't it better that he walked?
On going forward the reason that I am in this stock is the proven reserves in the ground.and the CO2 injection technology.The questions: Are the wells of the quality that CO@ works? Is Floyd capable of getting the job done? We will know the answers to those questions in one month.
On dilution, I have and continue to be educated the hard way .I think existing shares to be around 1 bil. The S1 could add3 bil. the restrictions{if they mean anything} are to be distributed in blocks of 150 mil.,and it appears that will start in early March. So by the end of March the float should be around 1.3 bil.
If the CO2 works and both wells give us 50 barrels a day I believe the stock price should be between 3-5 cents by the end of March.If it works out close to this view this would be a very successful investment,but only time will tell. If the stock price can absorb the dilution and hold the 3-5 range Petron would have its 10 mil and the float would be around 1.5 bil.
I know this is a rosy viewpoint and a lot of eggs have to fall in the right way but what the hell!We can say Floyd this and Floyd that,but in early Dec. he said dilution would last a couple of months. That we will be cash positive buy the second quarter. I suppose I could have sold this morning and salvage something{and got scewed by the mms}but the movie isn't over yet but I can only hope the story gets better. GLTL
One thing- anyone who doesn't understand the credibility Dr James Andrews adds to the board (and company)-doesn't want to know!
According to some reports from the talking heads on Sunday- the State of the Union speech is more of the same- just a rendition of last year!
Thank you MMM-
I have since reviewed other posts re the suit and found it seems to be a complicated and maybe even conflicting case.
Hope your right! Either way- SVFC is a very compelling investment!
Thanks to my brother who gave me the lead this past week!
Newbie here!
Just got in Fri after reading Sterling's DD-
Briefly, what are the specifics of the court case and the consequence(s) of a favorable ruling?
Thanks in advance!
That is the risk one takes whenever info is shared on the board!
I haven't posted on investorshub for years. However for what it's worth, I can attest to the validity of Brya's post....He is my brother!
For now anyway -since he got me into this 'gamble' (kidding) -my 'entries' have not exactly proved 'timely' at this point.......
I promised myself that I wouldn't dip in again but if it goes down in the .002's the next couple of days then I'll dip (again) in for the last time!
Brya's is not one to make calls to IR's or the company itself (actually he more often plays options rather than pennies) so thanks to those on the board who have shown appreciation for his efforts!
All the Best!
T Boone is no longer 'pushing' wind power with his money..............enough said!
DF is very passionate about his work and if the next CEO of BEHL was someone of his (T Boone's) stature...I can't imagine how he would be able to restrain his excitement at the shareholders meeting!
T Boone withdrew his 5b investment in wind power last year...and that may speak volumes about where this 'green' alternative energy source is going... His company -Clean Energy and Fuel (CLNE) -IPO 2007-provides a state of the art natural gas fueling (stations)...but NG, which is plentiful and economic just hasn't been attractive so far! He has stated many, many times he supports alternatives to paying foreign countries for oil.......
Thanks phloyd...
Bill's last name?