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Re: Spetty772002 post# 5086

Tuesday, 06/02/2015 2:34:24 PM

Tuesday, June 02, 2015 2:34:24 PM

Post# of 14706
Spetty,

Spangenberg is absolutely restricted in his ability to buy or sell shares. He is undoubtedly privy to a deluge of non public material information being intimately involved with many of the company's portfolio's and any potentially on going settlement discourse. In addition to his equity holdings, there is still a percentage participation in some of the patent monetization, therefore he can only be considered intimately involved.

Frankly, the day you see Croxall, Spangenberg, Knuettal or any of the executive team buying shares, that will be the day you know nothing of a material nature is going on.

The simple nature of their business, compared to others with different business models, makes insider buying inherently problematic, risky and unlikely. Can you imagine the regulatory scrutiny that would be drawn if an insider bought shares and subsequently they announced a large settlement just weeks later.
At any given point, there are likely material discussions occurring with up to 60 defendants, all involving non public material information.

Like you, I wish he could, it's simply impossible. I'm sure some insiders may want to buy, I just don't expect them to do it on advise of counsel and at the risk of going to jail for insider trading.

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