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Didn't they sign a mediation agreement, at some point? If so, it'll be negotiated rather than a trial. G still owes some discovery too.
At least they warned us ahead of time. That's something of an improvement.
The person on Yahoo, who reported on the Samsung trial, asked them about up listing. They won't until all the suits are over. Having one person in charge allows for quick decisions. A board of directors would just slow things down.
This is a great point that many people overlook entirely.
If his advisor is now on board, pre up-listing, then others can persuaded as well. Post up-listing I'm betting on a tsunami.
You're welcome.I'm happy I could offer a little help.
It's difficult to logically argue with IQST as an investment, once you see the progressive growth, to plan, in their audited financials. Not to mention their transparency. It speaks well for your advisor that he was willing to look into it.
In my experience,advisors think anything they didn't think of is "too risky". That said, you have to look at your age and how much it will affect your retirement if an investment goes south. Would you be eating beans and ramen or would you just have to give up the plans for a vacation condo in a golf resort?
I'm IQST heavy in my IRA and too close to tapping that IRA to have comfort in that fact. But I want more. I have dividend stocks too, and my compromise is to buy IQST with the dividends I receive. Once IQST makes it to NASDAQ I'll sell a portion to recoup my investment amount and let the rest ride.
Maybe talk about a compromise with your advisor and present him with the IQST financials and info. He might get onboard in a limited capacity.
All just my opinion, of course.
If they can manage to do it without basing it on any NetList patents. That's a big "if". Then there's HybriDIMM looming on the horizon right around the two year mark. Also, don't forget the SKHynix partnership. When it comes to a pissing match NetList has a big friend. SKH probably doesn't have a lot of love for Samsung.
Samsung might decide to suck it up and reap the profits that will come with making NetList chips. The license can't be all that onerous and NetList has already proven that they don't just go away when things get tough. They're a scrappy little company.
Someone on the Yahoo board attended the Samsung trial and actually asked it of Gail Sasaki, the CFO of NetList. It's what he reported she said. It hasn't been released as an official PR, but really, why would they? Uplisting isn't on their radar, at the moment. They have bigger fish to fry.
It will be after all the various lawsuits are over. With just one person, heading up the company, decisions can be made quickly. That is crucial in these lawsuits and negotiations. With a Board of Directors nothing gets done quickly.
They have confirmed that they qualify right now (other than a BOD), but won't go that way until everything is settled.
Yep. They have been asked, point blank, numerous times. Each time they say that there are no plans for a R/S and that they firmly believe as the company growth continues the share price will increase organically.
I believe them. This is not a normal pink company. IMO You're getting in on the ground floor of a great company that will really grow. It's a long hold but will be worth it. You'll be pleasantly surprised as you do your DD.
The District Court for the Northern District of California should have 14 judges. Right now they have just 10. Delays are simply due to workload IMO.
Wow. Here we go again. Hopefully we can get on the schedule quickly.
"With the elevation of Judge Koh to the Ninth Circuit, REDACTED, Netlist is concerned that this gap is likely to only increase."
This sounds like they are short some judges and the situation is getting worse. Judge Armstrong may very well have had to take on additional cases and scrunch things up, in her schedule, to accommodate more cases. NetList got bumped out to make room for something deemed more pressing, at the moment.
I'm going with that. I feel better now. There is a logical reason.
If there is a deadline it isn't arbitrary. IQST would have laid out their timeline and it would have been based on that. As we aren't supplying them with millions of dollars we aren't going to be privy to that.
The stock will go up when it needs to go up, for the up list. Why would we want it up now when it will only get walked down during the 5.5 months of waiting? All the momentum will be gone, if they play their hand now.
Better for the price to go up close to the up list. That way, once we are on NASDAQ, we immediately get an entirely new base of buyers to keep the momentum going. Timing is extremely important.
Thank you! Since the company has said, repeatedly, that there are no plans for a reverse split we know the timing.
Way back in the dark ages, before the internet, I worked for a pink sheet company that got to NASDAQ. The entire process was a highly choreographed set of moves that was fascinating to watch. They had a consultant who walked them through the entire process of getting themselves noticed and working up a lot of interest. That company went from .25 to $10.00 in the space of a few months. While times are different, I’m sure that process is very similar. I’m seeing it in the moves that IQST is making.
Patience is money.
But it's good debt and that isn't penalized by knowledgeable investors, which is what the big players are. We still need to show profitability, in audited financials, to educate the individual investors.
It's like baking a cake. While it's in the mixing stage it looks like an ungodly mess. It just needs some stirring, an oven and a little time to turn into something great.
I'd go for number three. She's been on this case since the beginning so I doubt GOOG could produce anything that she isn't already very familiar with. It's just a matter of giving everything its due consideration and making sure all i's are dotted and t's are crossed.
In Judge Armstrong we trust.
I'll venture to say that not many of the longs on this board are holding only for a court ruling. It's just icing on the cake. NetList is a good company with an assured future of huge growth, even without a GOOG settlement. NLST patents have been validated and are extremely valuable. The 912 is a seminal patent. "Seminal patent is defined as an invention so impactful that it creates or shifts the technology space." Their partnership with SK Hynix is valuable. The fact that they were a NASDAQ company before GOOG tried to bankrupt them and the fact that they could relist now, if they chose, is valuable.
I think you're right. New people may pile on in the last hours because they feel they can make money in other things while waiting. If the price jumps I'll bet it will keep going because of FOMO. There are too many people watching the price closely.
I'd have to give $50 a share a really good think. A lot would depend on the situation at the time. As much as I believe it'll eventually be worth much more, $50/share would pay off my mortgage and give my retirement account, which I am very close to needing, an amazing boost. Those are two things that deserve real consideration. Bird in the hand and all that.
As for Chuck being tired and wanting to retire. Well, IMO he's earned the right to do as he pleases. However, I don't think, for one second, that he'll do anything until all the cases are settled one way or another. JMO.
If the shoe fits...
Live and learn. Sometimes the education is expensive. But, hopefully, you'll do better next time.
Yes! We're baaaack.
Good DD is very reassuring in times of low prices.
That said, it's certainly nice to see the totals in the "Value" column, in my e-trade account, larger than the "Cost" column again. Patience pays off.
I'm patiently waiting for the action they deserve when Leandro gets to ring the opening bell at NASDAQ.
Nice. A good, factual, article to point someone to if they are contemplating a stock purchase.
I have a persistent feeling that good things are going to start happening, like dominoes in a falling line. Strategically timed press releases about all sorts of good news will lift the price, in increments, and keep it there until the uplist. After that NASDAQ investors will grow it. What's not to like about this company? The huge potential, the lack of debt and (very soon) their profitability, are a fantastic combo.
Once the bank is confirmed and profitability is in the financials all they'll have to do is throw just a little money into promotion and the share price will make all of us very happy.
and will continue to help create more wealth for a company. I too don't understand. I'm left thinking that it is pure greed.
There you go again, trying to use logic and common sense when thinking of Samsung. If Samsung possessed those traits they wouldn't be in this mess in the first place.
Good to see that patent troll go away. I wonder if they paid them some nominal amount or if they were able to quickly show them that they didn't have a chance.
Nice to know. Thanks for bringing it over.
I wasn't holding out much hope for knowing who the streaming partner is. Whomever they are, their use of NetList tech will fall under the "trade secret" category for them. Why let their competition know what they're using and where they can go to get it for themselves?
CXL and HYBRIDIMM will take NetList to an entirely new level and it'll go there regardless of the outcome of the GOOG case. I'm glad to see the focus confirmed.
Agree. The sell off was going to happen regardless of the trial outcome.
Nope. Holding tight. I intended to buy a little more, but I overslept.
Actually, this case didn't have anything to do with the theft of product. It was purely a contract dispute. It was to determine damages to NetList caused by Samsung's failure to honor the contract to supply Netlist with product.
Licensing negotiations will follow. Samsung had a license as part of the contract so during the time the contract was in effect they weren't stealing. But as soon as the contract ended they had no right to the tech.
I haven't seen a definitive date for the end of the contract. Was it when NetList terminated it or was it earlier when Samsung refused to honor the terms? Samsung admitted they were in breach of the contract. It's just a matter of when. The licensing period, which is still to be negotiated, will start from that date. Payment should be back dated for for usage outside the contract term.
The breach of contract has been decided. Samsung did breach it. This was about damages suffered from that breach. The jury said Netlist didn't prove they'd suffered any damages so they didn't award them anything. I'm baffled as to what more the jury would have needed to see. Oh well, water under the bridge.
In the big picture this is just 2.4 million. There are still licenses to be negotiated. The judge will decide about the 430K for the recovery of taxes.
Well crap.
Per Stokd on ST Jury said NLST didn't prove that they suffered damages from Samsung's breach of contract. No award.
W.T.F.???
This is just the first step. There is still the licensing to be hammered out and if they can't come to an agreement on that then it will get nasty. That nuisance suit in Delaware is still on the books too.
Samsung has also shown that they completely lack common sense. Dealing with stupid people is always more complicated.