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There is a 1.6 Billion NOL VALUE! The protection phase is now till december...there could be an EC!
HAMMMMMERR NEWSS!!!!!
be smart and buy now
any minute, second, and hour a announcement could come! beware, you will chase it... >7 billion!
every minute here could be golden with my 1.2 million shares! never would sell any to trade ;)
~~~NEXT 10 BAGGER HERE TUUUUTUUUU~~~
WILL buy 500000 more shares at the open bell!
WEEEEEEEEEEEEEEEE $$$$
Auction till 11. July!
Yes, they are, it depends on the auction and the money, intact with > 3 billion...
--> Thats why! Cause they could be worth 15 billion $$$
http://www.cbc.ca/news/canada/ottawa/story/2011/04/05/business-nortel-patents.html
Should be a sticky post!
Consolidation on low volume, nothing else
Nortel experts see real value in patents
http://www.cbc.ca/news/canada/ottawa/story/2011/04/05/business-nortel-patents.html
+
Normal Consilidation - Barchart shows STRONG BUY $$$
http://www.barchart.com/quotes/futures/NRTLQ
READ that! Patents maybe worth 15 billion!
Should be marked as a sticky post
It's an inauspicious end for the once-great Ottawa telecom player. Nortel has been basically reduced to the role of organ donor to the wireless industry; its technology is used in the iPhone, in BlackBerrys and Android phones.
Rumor have all of those companies and more at the table in a matter of weeks, competing for Nortel's wireless technology patents.
In April, Nortel entered into a "stalking horse" agreement with Google for the sale of all of Nortel’s remaining patents and patent applications, for the negotiated price of $900 million. Some, however, believe that the patents are worth much more, perhaps as much as $15 billion.
Talking to the CBC recently, former Nortel director Sorin Cohn said, "People are talking about $900 million, but Google stands to make anywhere between $5 billion, $10 billion, maybe $15 billion out of these patents that Nortel is putting up through the auctions."
The latest rumour about the arrival of Ericsson to the table brings the number of punters to four when added to Google, Apple and Research
in motion.
Link: http://www.businessinsider.com/nortels-final-role-organ-donor-2011-5
READ that! Patents maybe worth 15 billion!
It's an inauspicious end for the once-great Ottawa telecom player. Nortel has been basically reduced to the role of organ donor to the wireless industry; its technology is used in the iPhone, in BlackBerrys and Android phones.
Rumor have all of those companies and more at the table in a matter of weeks, competing for Nortel's wireless technology patents.
In April, Nortel entered into a "stalking horse" agreement with Google for the sale of all of Nortel’s remaining patents and patent applications, for the negotiated price of $900 million. Some, however, believe that the patents are worth much more, perhaps as much as $15 billion.
Talking to the CBC recently, former Nortel director Sorin Cohn said, "People are talking about $900 million, but Google stands to make anywhere between $5 billion, $10 billion, maybe $15 billion out of these patents that Nortel is putting up through the auctions."
The latest rumour about the arrival of Ericsson to the table brings the number of punters to four when added to Google, Apple and Research
in motion.
Link: http://www.businessinsider.com/nortels-final-role-organ-donor-2011-5
Huge day ahead here. Nortel owns strategic patents worth multi-billions! Some expect up to 15 billions. Everything possible here, guys! SOme americans already buying in Germany!
WOW look how high Germany already is! $$$€€€€€
Alone ORACLE has an issue of 6,1 Billions with Googe due to the patents! And there are many other issues! + Apple and other competives dont want that Google gets the patents -> That makes them so GOLDEN! 15 Billion are realistic! ---> 1,75 $ per common share
READ that! Patents maybe worth 15 billion!
It's an inauspicious end for the once-great Ottawa telecom player. Nortel has been basically reduced to the role of organ donor to the wireless industry; its technology is used in the iPhone, in BlackBerrys and Android phones.
Rumor have all of those companies and more at the table in a matter of weeks, competing for Nortel's wireless technology patents.
In April, Nortel entered into a "stalking horse" agreement with Google for the sale of all of Nortel’s remaining patents and patent applications, for the negotiated price of $900 million. Some, however, believe that the patents are worth much more, perhaps as much as $15 billion.
Talking to the CBC recently, former Nortel director Sorin Cohn said, "People are talking about $900 million, but Google stands to make anywhere between $5 billion, $10 billion, maybe $15 billion out of these patents that Nortel is putting up through the auctions."
The latest rumour about the arrival of Ericsson to the table brings the number of punters to four when added to Google, Apple and Research
in motion.
Link: http://www.businessinsider.com/nortels-final-role-organ-donor-2011-5
0,032€ will be cheap ;)
Spread the word guys! Germany is already up 28 %
NEWS!!
WSJ: DOJ Approves Google's Bid For Nortel Patents
MOUNTAIN VIEW (dpa-AFX) - The U.S. Department of Justice has given approval to Google Inc. (GOOG) to go ahead with its $900 million opening bid for the high-technology patent portfolio being sold by Canadian telecommunications equipment maker Nortel Networks Corp. (NRTLQ.PK), the Wall Street Journal reported Tuesday, citing people familiar with the matter.
According to the WSJ report, the Justice Department concluded after an antitrust review that Google's potential ownership of the Nortel patents would not raise any major competitive concerns. The DOJ's approval is expected to give Google an advantage over rivals in its bid for patents.
In early April, Nortel said it has signed a 'stalking horse' sale agreement with Google involving about 6,000 Nortel patents for $900 million in cash. The patents cover a host of technologies ranging from data networking to wireless 4G now being deployed and known as LTE, and such applications as Internet search and social networking.
Under the terms of that sale agreement, which is likely to face competing bids from other technology companies, Google would be given the right to terminate existing agreements.
Nortel, which filed for bankruptcy protection in January 2009 had said it will submit the sale agreement to the United States Bankruptcy Court for the District of Delaware along with a request for setting up a bidding process which will seek bids that offer more than Google. The company had also said that another such request would be filed with the Ontario Superior Court of Justice. The auction is set to be held on June 20.
Google has said it needs the patent portfolio to defend itself from lawsuits. Several mobile companies have sued Android partners for patent infringement and Google itself faces a patent lawsuit from Oracle Corp. (ORCL) over Java.
The WSJ reported that Apple Inc. (AAPL) and BlackBerry maker Research in Motion Ltd. (RIMM, RIM.TO) have also been in talks with the DOJ over their own potential bids.
On Monday, Google's rivals including Microsoft Corp. (MSFT), AT&T Inc. (T) and Verizon Communications Inc. (VZ) have reportedly filed objections to the sale, saying it could give the winner of the bid an unfair competitive advantage over its rivals. Microsoft has sought to ensure that existing cross-licensing deals signed with Nortel would not be impacted by the sale of the patents.
I bought shares for 150000€ - its german money long and strong ;)
!!!! settlement will be 24$ for every common share! Look in the documents!!!!!!!
Expect 2,5$ per common share!!!
But the real remaining asset is about $5 billion in tax breaks owed to the company. That means the hedge funds that snapped up WaMu debt will be able to buy companies under the corporate guise of WaMu and run them without significant taxes for a long time.
So what values are behind it? 7 Billions?
HOLY GOLDEN COW!
From what i see a 5$ settlement!
IGSM Uplisting news possible the next days after 1st quarter results!
IGSM Uplsiting news possible the next days after 1st qarter results!
Whats up with the uplisting? Could he file the 1st Quarter results and then uplist? Isnt it the next days?
When comes the 10K and uplisting? NEXT WEEK?
IGSM HUUUUGE MONSTA
IGSM breaking out!!!!
IGSM breaking out!!!
Haha you will never get 30,777 Mio. Shares like I. Now I havent anymore powder. Come on guys lock up the float...we can get that dime. Tomorrow 10K
I am still adding @ these low prices! If i have some free money I buy IGSM now I have exactly 30.777.777 shares. and its like a share buyback programm because I will hold them long and strong ;)
Yeah added another 777777 :D