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Re: Patentinvestor post# 5847

Monday, 08/17/2015 10:39:15 AM

Monday, August 17, 2015 10:39:15 AM

Post# of 14886
Well, it was interesting that Doug stated that he thought they would be fine with their cash until the merger closes (which is not until the end of the year or early next year). Since they only have $1.5 Million in cash at the close of last quarter, either he expects a material settlement to occur in the interim or he knows that he can tap in the additional fortress money. And if this is the case, then they are not desperate for cash at the moment.
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