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Don't you think everyone has a right to be here and say what they want. No matter if you agree or anyone else. Might be time to go hit that little white ball.?
Thanks for the reply.
So are we still anticipating the judge to tell us this week what other damages he plans to hand out or is that delayed now because of the bench trial at the end of this month. And could this extra time being allowed to try and give Sam the opportunity to strike a deal with NLST ? Trying to follow along but feel like we may have missed something?
You produce lots of good content! Pass me the coffee! Thanks
Do you have any idea when the next court date is and who it is against?
The last time this thing ran to $10 may have many more on the sidelines this time do to the fall back to a buck? May want to see the jury verdict first and damage awards. Might be missing out on a opportunity today with this small pull back in price? Either way this baby has huge potential and were in it for the long run. Not trying to cheerlead just excited about the outcome! "Texans don't like horse thieves". Get a ROPE!
Boots on the ground! Thanks! You wear all the different hats!
HAPPY EASTER!
Amen brother! "Get a rope" Truth and honest any day over lies and deceit. God willing and if the creek don't rise bring on the trial!
It's a beautiful chart! Thanks!
Could someone post that terrific graph of all the upcoming legal courtroom battles with all the different companies again. Wish we had saved last time someone posted. Thanks for the help!
Thank you!
How difficult or hard would it be find out how find how much the patents were sold for and under what agreement they were sold? Billy stayed busy for that 5k a month he was paying himself on behalf of the SH. Just doesn't seem to have been representing anyone except himself and a few others. What's the old saying.....What goes around comes around.
Yes, take more up front money and less for their shares. How would that benefit the group?
That's really good news! Tick! Tick! Tick!
FOUND THIS ALSO....
The Fed Can Bail Them Out – As Always
Scary? Yes. A big problem for banks and stocks? No, in part because the Fed can easily bail out Silicon Valley Bank, the bank that just went under.
How? The Fed can offer to buy Silicon Valley Bank’s Treasury bonds for par value. No discount. That way the depositors can get all their cash back whether they are insured or not insured by the FDIC.
For the Fed it’s a trivial amount of bonds – less than $200 billion. For comparison, at the beginning of 2022, the Fed was buying $100 billion a month. And, that’s on top of the $6 trillion they already hold -- $200 billion is a drop in the bucket.
Silicon Valley Bank Was a Very Successful and Well-Managed Bank Hit by an Unusual Set of Circumstances
It’s worth understanding what happened with Silicon Valley Bank because it was an unusual set of circumstances. Silicon Valley Bank was founded in 1983 and has done a fantastic job of securing long term relationships with venture capital firms and the companies they invest in. The Bank lends to younger tech companies that are a little risky, but also have the potential to grow and become huge clients.
This bank has been very successful through all the ups and downs of the tech world and had amassed total deposits of almost $50 billion by 2018. In the last few years their strategy has worked wonders. In the tech boom of 2020 and 2021, its clients were flush with cash and Silicon Valley’s deposits rose to nearly $200 billion.
Having so much cash so quick meant they didn’t have a place to lend it all. Making loans takes time. So, they did what many banks do is put that money into one of the most liquid and safest investments in the world: US Treasury bonds. Sure, they only paid 1.5% to 2% but they were safe. And they paid more than the short term rates of 0.25%.
But, most of all, they were safe. The US has never defaulted on its bonds. Plus, they have actually made very good returns since the Financial Crisis. If they fell in value, it was only for a short period of time and they didn’t fall very much.
In 2022 that all changed and Treasury bonds fell as much as 20% in one year. Wow!
The problem for Silicon Valley Bank is that in 2022 their young high tech companies went from making big deposits to making withdrawals. They were no longer able to raise the kind of investment money that they did in 2020 and 2021, and they didn’t need to. They had cash in the bank. For Silicon Valley Bank, covering those withdrawals would have been a simple matter of just selling their ultra safe Treasury bonds to get the cash.
But, as 2022 went on, the value of the bonds they were selling were producing bigger and bigger losses as interest rates increased in 2022.
When they reported their most recent loss, they announced they would need to sell more stock to bolster their capital. Unfortunately, that started a two-day spiral of high-tech firms panicking and withdrawing their money. And quickly led to the bank having to be shut down because selling all their Treasury bonds to meet demand would create huge losses.
This isn’t like Jimmy Stewart’s bank run in the great movie, “It’s a Wonderful Life.” Jimmy Stewart’s bank had put its money in illiquid loans to home buyers and businesses. That’s good business, but since they are illiquid, it can lead to not having enough money for withdrawals, if there is a run on the bank.
Silicon Valley did no such thing. They put their deposits in highly liquid and ultra safe Treasury bonds. Easy to sell at a moment’s notice.
The Bank’s Only Problem: The Fed Raised Interest Rates a Lot and Quickly
The only problem is that the Fed had decided to raise their overnight lending rate from 0.25% to almost 5% in one year.
It’s not banking mismanagement that caused the problem. It was the Fed’s management of interest rates that caused the problems. Again, Silicon Valley bank is, in my opinion, one of the best managed banks in the country. They did nothing wrong.
Which is one reason it is easy for the Fed to bail them out. They aren’t protecting any wrongdoing.
However, that also means that other banks which are well managed could have a similar problem to Silicon Valley Bank with their Treasury holdings and the Fed may have to widen their bailout.
The Lasting Problem Is That Investors' Confidence in Treasury Bonds as Ultra-Safe Places to Invest Cash Will Be Shaken
However, what will be subtly damaged is investors’ confidence in US bonds never going down much or for very long. Sure, 2% is fine if there is no risk of loss. But fewer investors will assume in the future that there is no risk of loss. Hence, they may want higher interest rates to buy bonds.
Again, not a big problem, as the Fed can simply go back to printing more money to keep interest rates from rising too much due to lack of buyer interest in bonds at lower rates.
AS WE HAVE SAID BEFORE THAT THERE IS ALMOST NO FINANCIAL PROBLEM THAT CAN’T BE SOLVED WITH MORE PRINTED MONEY.
What’s the ONLY problem that can’t be solved with printed money? INFLATION!!!
But we are still a long ways from double digit inflation that would put big upward pressure on interest rates.
Longer Term, the Silicon Valley Bank Crisis Will Likely Be a Positive for Stocks
So, what does this mean for stocks? Short term, more volatility. Long term, it is a big plus for stocks. As bonds become less attractive -- you’re only getting 4% and there is a risk of loss plus inflation is now at 6.5% -- stocks will become more attractive.
In addition, real estate is becoming less attractive. Higher interest rates reduce the amount buyers are willing to pay. In addition, there is an increasing lack of demand for office space and retail space near major office complexes. And, for housing, affordability is a growing problem.
Real estate will not become a crisis since the Fed can simply print money to buy mortgage bonds to push mortgage rates down. But real estate will become less attractive to investors as a potential source of substantial investment growth.
This adds further to stock’s appeal.
Plus, the US stock market is especially appealing now since international markets are doing poorly. London stock s are selling at a 40% discount to US stocks. Europe will have more trouble with economic growth because it doesn’t borrow as heavily (or irresponsibly) as the US government so it’s economy doesn’t grow as fast. And, they are feeling mostly negative effects from the Ukraine war, especially in energy costs. Whereas the US economy is probably having a net positive economic impact from the war.
Short term, buckle up. I could be a bumpy ride. But, a bumpy ride may also get the Fed back into bailout mode, which always cheers the market. And don’t expect the Fed to sound quite as positive on further rate increases. Its primary duty is to help the economy avoid banking and financial crisis. That is the entire reason the Fed was started.
It knows that. Raising rates is entirely responsible for causing one of the biggest banking failures in recent history and certainly the biggest failure of a well managed bank. They will likely tread more carefully on raising rates in the future. A positive move for stocks.
You push an incredible amount of paper. Thank you for all our efforts!
Well it sure looks like patents were acquired......Acquisition of patents
https://npe.law.stanford.edu/party/chanbond-llc
1ChanBond, LLC v. Charter Communications, Inc1:15-cv-00847D.Del.Sep 21, 2015
1 Acquired patents
ChanBond, LLC
Charter Communications, Inc.
2ChanBond, LLC v. RCN Telecom Services, LLC1:15-cv-00851D.Del.Sep 21, 2015
1 Acquired patents
ChanBond, LLC
RCN Telecom Services, LLC
3ChanBond, LLC v Bright House Networks, LLC1:15-cv-00843D.Del.Sep 21, 2015
1 Acquired patents
ChanBond, LLC
Bright House Networks, LLC
4ChanBond, LLC v. Cox Communications, Inc. et al.1:15-cv-00849D.Del.Sep 21, 2015
1 Acquired patents
ChanBond, LLC
Cox Communications, Inc.
What about the costs to buy the patents ?
Did you ever come up with total number of subscribers for e@ company for the number of years that the tech was used?
Happy Vets Day to all those out there! UOIP strong!
Been on the road for past 5 mo.s. Came home and found a payment demand of dissenting stockholders. Not sure I totally understand. But it sounds like the company is shifting gears and moving to Singapore? And for those shareholders who don't agree they will be cashed out @ .001? Do I understand this right?
The more past relationships are called into question by the "new judge" the better the chances are of getting to the real truth of the settlement.
We still have our received recite from when we sent "gentleman" Billy a certified letter to his address on Hoke in NC from a long time ago.! Carry it with we where ever we travel. We were actually in North and South Carolina this past summer. Too bad he lives in a gated community we would have stopped in for a cup of tea and a chat! Sure he has some interesting stories to tell!
It warms our heart to know the inventors will get a fair shake either way! And if and when they do hopefully the facts in their case will also make sure all parties involved will also equally receive a fair shake! Let the truth be told and all parties be made to do the right thing for every one of us!
What do you think the patents sold for?
My guess is their trying to move the agenda forward with out us on the train and claiming that they are the representatives to make the decisions for all of us concerning settlement funds distribution? This would be without us knowing the full settlement amount. As shareholders of the company you would think a vote would be needed and a board of directors before any other of this bs was negotiated. We never asked for them to be our representatives unless their talking UO!P? either way in order for us to make any kind of a informed decision we would still need the details of the deal!!
Your entitled to your opinion and your life experiences. Mine happen to be different and since it's our money and our time not sure why anyone would care? Reality is different for everyone. Trustworthy and dependable just depends on your prospective. Nothing wrong with knowing the details and all the facts. Never liked 2nd party telling me a story when I can hear for myself.
Respectfully, it's not in my nature to give up and take my ball and go home until all facts and figures are available for viewing. I understand your acceptance because you tend to know more than most. However, and be that as it may, there are peeps out here who want full disclosure and don't give a rats arse about NDA especially when it serves to benefit a few and not the majority. Comprender ? We are happy that you both feel satisfied from knowing whatever you know but lets see all the facts before drawing any final conclusion! We are in the final innings but the last out has been made.
So your saying shareholders don't have the right to know? But don't you know?
It was always thought that Cisco had the means to clean up the mess if they were put in a position to have to do so.
'Both ChanBond and the non-party signatories to the settlement agreement will face
substantial and irreparable harm if the settlement amount is disclosed publicly." Don't understand how this could harm anyone? Unless............
Hopefully all judges stumble across it!! Thanks!
Makes absolutely no sense to come this far and win the case and only settle for a pittance! I'm sure you realize the disbelief based on what you just stated. Why on God's green earth would such a small settlement be accepted under any circumstance? Maybe they just all wanted to move on and get it over and fair monetary compensation wasn't necessary? Is that what were suppose to believe?
I believe it's what's known as a "bias" ...
"prejudice in favor of or against one thing, person, or group compared with another, usually in a way considered to be unfair." Our bias is towards winning our fair share based on the facts of the case and not what others would want us to believe. Time will tell.
Outstanding!! Follow the money.
There are no guarantees in life except death/ taxes/ and now inflation. Each case has it's own particular set of circumstances and no one said this was going to be a slam dunk. But if we don't fight for our rights than we might as well be beggars. No thanks! Don't let your past get in the way of your future. I understand your hard feelings with lawyers but based on what has been discovered up to this point there are many who are not comfortable with leaving it in the hands of the other lawyers who don't represent us! And I agree it is naive to think that others will watch out for your investment for you.
If you've been there and done that many times.....then what makes this different is 1.) We know there was a settlement and monies haven't been divided yet. 2.) No one has reached out to the shareholders to say were included. 3.) There is proof that criminal activities have taken place to devalue our fair share. Now why would't anyone want to help protect their investment?
How so?