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I'll speak for the CEO,
"Nothing to say, we are busy with the Apple case right now, which is far more valuable than our entire company at this point." "Please visit our conference call in March 2020 for an update". "We wont be mentioning anything specific so don't hold your breath". "And as for SFOR, we have nothing of value to say at this time". Enjoy
Chan has massively diluted the common holders this year. So I wouldn't look at past price as any indication of value. Or the fact we are at a 52 week low. There was a time towards the end of 2016 when the stock very briefly traded down to only a 5-6 million market cap near the end of 2016 before DSS was forced to do a 1 for 4 reverse split. Todays market cap is about 9 million with a far stronger balance sheet and an Apple wildcard. So even if DSS lost the Apple case their Authentiguard is certainly closer to success that it was in 2016. Plus DSS licensed some technology from SFOR which might amount to something or else why did Chan pay $500K to ASC for the license? Certainly has potential. I never saw a CEO buy so much stock and the stock just go down, but then again any fund who bought the stock at .50 in the last secondary certainly wants it off their sheet before year end. They don't want to show a stock down 40%+ to their investors.
What I find interesting is that so few investors are following DSS. The yahoo message board hasn't had a post on DSS in over a week. Seems like everyone has given up and sold. No seems to be following the Apple case. Certainly not the news wires. Does anyone have any idea what Apple could be liable for in this case? I certainly don't. I haven't seen an estimate anywhere. Its just a stock no one follows. Should be interesting once the judge rules, hopefully soon
Its only an opportunity if you think the judge will rule in favor of DSS.
I think there about 7 investors who actually follow this Apple case, and we are all on this board. There isn't a peep about the summary judgement anywhere.
Makes sense cause all the big tech cos are there. The ptab was set up for big tech to squash everyone. This one just happened to find the right federal judge who was sick of the BS and over turned the ptab without remanding it back like they usually do. So many patents are tossed out at the ptab just based on prior art claims. The fact that the patent office issued the patent to begin with is meaningless. Which is insane. Why not correct the process and stop allowing big tech to infringe on all the existing patents. Ever wonder what the world would be like if apple and Google paid everyone for their patents? Apple might not be only a be a multi billion dollar co and wealth would have been distributed to the rightful owners. Ever since the ptab was invented apple , google, and amzn became the most valuables cos in the world. Hmmm. Wonder how that happened? The real hope is judge in this case, Gilliam, is an Obama appointee judge. The democrats hate big tech. Timing couldn't be better for DSS
I don't much about the important parts of the Apple case. All I know it the typical path patents suits go.
In 2014 DSS sued Apple.
Apple requested the typical IPR at the PTAB.
PTAB ruled the patent invalid.
DSS appealed to federal court and it was overturned at the federal level.
Now DSS is finally back in court in CA, 5 years in the making.
All I know
SFOR, I have new found respect for the name. I didn't know they beat Mr softy a few years back for 9 mil. Good luck to all in that name.
Just to be clear I'm not long and won't be buying it ever.
Where the heck did the 9 million go???
I must say I was shocked to see this. MSFT actually settled. Wow!
Interesting as it had zero effect on SFOR. And then SFOR got cocky and blew that money trying to sue others it seems. Dummies. SFOR, a stock going absolutely nowhere
Guess I wasn't clear? It will take days before the judge issues. Meaning days from today
One thing for sure Chan knows the risk reward of this case. But realize DSS has asked for the partial summary judgement well after the .50 secondary. This motion is to tighten DSS's noose around apples neck or end it quick and save DSS a ton of money going forward. I think Chan's buy at . 30 was to improve DSS ability to go though trial as it's very costly, but show enough cash in the bank to also negotiate a settlement (highly unlikely apple will settle). But it also enhanced Chan's strangle hold on DSS. DSS wants to exit the IP litigation business but for some crazy reason they have a contractual obligations to finish off the current cases they have started. Probably why DSS restructured the board and got rid of Brickell key investments, so they can't get in the way going forward. I love DSS's move here. Why waste time litigating if apple is just going to have the patent invalidated in a 10 months. And DSS wastes $4 million in the process. Call the game now.
No, it will be days before the judge issues his written order or longer.
Says judge is going to issue a written order. He is going to rule on the partial summary judgement. If DSS wins they certainly have some leverage for the first time. As I've stated before, the big boys always win on appeal cause they invalidate the patent. The entire case hinges on this ruling if the judge rules invalid. If the federal court over turned the ptab I'd have to imagine judge Gilliam, appointed by Obama, isn't going to reverse the federal court. That wouldnt make sense.
I'm loaded up DSS
CLERK'S NOTICE RE Docket Nos. 215 , 220 , 223 , 258 , 263 , 264 , 265 , 268 , 270 and 329 . Notice is hereby given that the Court takes the pending motions filings under submission. The hearings previously scheduled for December 19th at 2:00 p.m. are vacated. The Court will issue a written order. (This is a text-only entry generated by the court. There is no document associated with this entry.)(ndrS, COURT STAFF) (Filed on 12/17/2019) (Entered: 12/17/2019)
This is big one way or another
Only when a corrupt judge is making the decision. If this goes to a jury trial apple will lose. Then apple will appeal and find a friendly appeals judge to toss it out. That is why DSS is trying to get a partial summary judgement. Then apple has no shit on appeal
Another point I realized is that DSS is trying to get a partial summary judgement as a strategic move. I know for a fact they don't want to burn any more money if they don't have too. So win or lose next week is bullish for DSS shareholders. A win will obviously be far more exciting to some but in the end DSS will just be dragged through the courts burning huge capital and have it reversed by a federal friendly big business judge. Amazing how we all know how corrupt this American capitalist system is. Some one should tell the Democrats. Lol
Yes, it will be a long basing process. Unless of course something in court happens
And due to DSS specific technology their customer doesn't want the public to know they are using it. They don't want the criminals to know. It makes the technology that more effective. I'm speaking about athentiguard
the obvious happed. Chan and crew incharge
How long have you owned this garbage? I thought chan coming along was a good thing, but the market has shown no interest in the guy. When a guy calls himself the unicorn maker you gotta kinda wonder..... Hmmm.
DSS has never made a profit. Never.
Less than JASN.
I'm on board for a similar reason. Two issues I have. One chan isn't as successful as he imagines he is with his over the top self promotion. And maybe Chan is just beginning to amass his position and his next step is a convertible debt offering where he acquires the next 30%+ of the outstanding at .05. and he converts $2,000,000 into 40 million common. Food for thought?
You have a wild imagination.
Ive never seen an insider buy so much stock and have the stock collapse. First .50 then he doubles at .30 and the sellers continue?
Not a lot of confidence
SFOR looks fairly valued at .004
5 million market cap for a co that does 500K in annual sales?
seems a bit pricey
If I was you Id be happy its so high.
I'm just giving you the facts. Dont get overly excited.
It sounds positive, but realize the system is still owned by big business. I highly doubt DSS will ever see a dime even if they win in court. Eventually the big boy will find a judge to over turn it. Welcome to America!
paideia, I see you on stocktwits I have another alias there.
From what I've been told by people involved the costs for DSS right now heading into trial are a lot. I wont be specific as I don't want to be identified by anyone I might have spoken with. I can tell you DSS needed the funds. They could burn millions by the end of the trial in March. Do you have any idea what it cost to prep for this trial?
I've spoken to people involved with the case and they are getting ready for trial on DSS side. So I highly doubt this case is being dismissed.
Not the way they explained the situation and costs. I'd be shocked if Apple was able to have the judge toss it out.
The fact that the federal court reversed the PTAB and didn't remand it back is extremely unusual.
Most cases are tossed because the patent is deemed invalid. That aint the case here. Its valid and there is history with settlements and licenses. That is why you see MSFT, AMZN, Honeywell, and others submitting docs under seal. Some of these cos have settled or licensed the patents in dispute years ago before the Apple case.
You do understand the PTAB was created so the big boys could control the patent game in America? Its a total scam the PTAB. They invalidate patents that other cos have already settled on infringement claims.
This is why the circuit court over turn of the PTAB is huge in this particular case. In all other cases with PRKR and QCOM the jury verdicts were over turned based on invalidity! That game is over! DSS's patent has been tested by the courts and it is VALID. This is why DSS is requesting a summary judgment. Now if Judge Gilliam is a Democrat, watch out!
By the way he was appointed by Obama! LOL!
A partial Summary judgement is a type of dispositive motion.
What I found the most interesting is DSS wants a partial summary judgement on the validity claim which is quite difficult to get normally. But in this case the PTAB invalidity ruling has already been over turned by the federal court. The reason the PTAB was originally established was this very reason, to expedite the process of validity. So logically the court should grant a summary judgement just based on the reason the PTAB was established in the first place. But I was told its not easy to win.
So what were you trying to say from the beginning? I'm a bit confused from your first response?
Are you just saying that this case could possibly be over if the judge rules for Apple on the 19th? Are you saying the judge might just toss the case out? Just trying to understand your point?
And by the way, DSS didn't get a favorable PTAB ruling. The PTAB ruled DSS patent was invalid remember? It was over turned on appeal
Why are you invested in DSS? Its been nothing but a loser...…
I ask cause you seem to be one of the few on these Boards who actually knows what the heck he is talking about. LOL.
Now I know why SFOR popped from the basement last week. The CEO who never comes through with anything was pumping. Probably because he's trying to sell a few hundred million common to raise capital so they can pay the rent
Truth is I think DSS common holders would be far better off if this Apple case was tossed out tomorrow. In the end DSS isn't getting a dime from Apple cause the big boys own the appeals judges. This case is currently costing DSS way to much money.
Seems your mind is already made up. You think Apple wins in 10 days??
WHEREAS, the Parties submit this briefing schedule so that, in the interest of efficiency,
the Court may hear Apple’s Upcoming Cross-Motion to Strike at the December 19, 2019 hearing
on the Dispositive and Daubert Motions; and
WHEREAS, the briefing schedule and the December 19, 2019 hearing date for the
Upcoming Cross-Motion to Strike will not alter the date of any event or any deadline already set
by this Court in this case.
IT IS SO STIPULATED.
So you say this is the possible end?
Can you elaborate?
Dude, do you moderate any stock boards above .01 other than DSS?
I can see DSS is your high price stock board. LOL
Yeah, I certainly missed that. What was the impact on SFOR bottom line? Id imagine? Nothing?
Noooooo! Chan wouldn't buy SFOR. DSS bought a license from SFOR. Why buy SFOR as DSS already accomplished what they needed from SFOR.
SFOR has no business.
Chan needs to buy and business with revenues
To me DSS is a public shell with a call option on the Apple case. Win lose or draw, Chan will eventually take the DSS shell and reverse merge a co into it.
and what does this old news imply? Nothing
How many times are you going to post that crap?
If its so wonderful for SFOR why is DSS trading at a mere 7 million enterprise value? Future is a lot brighter over on your Island.
SFOR has about a 10 million market cap. SFOR would be 25-30 million at .03 and they do nothing!
Dude, SFOR is trying to take their outstanding shares to a billion. Really? You think its going somewhere?? good luck.
Zero is their future. Might go to .03 one day but it will always be reaching for zero.
SFOR is worthless and always will be.