Prism Technologies Group Inc fka PRZM

[KOmani]

People should also realize that PRZM needs $2.8 Million to pay off notes by the end of the year.

Again, as PRZM shareholders, you have to realize the following:

1. PRZM has $2.8 Million in notes to pay off.
2. The first $16.5 Million that PRZM collects goes to the company. Every $ above that it's split 70/30 with the company getting only 30%

So, even if the company got a $30 Million verdict, PRZM would get:

$16.5 Million + 30% of $13.5 Million = $20.55 Million.

After that, they have about $7.5 Million in Liabilities (this ignores the Prism holders contingent liability).

So, that leaves $13.05 Million for PRZM.

That's roughly $1.30

Given that other suits have been thrown out, PRZM is truly stuck.

Sprint can force this issue through all of the slow judicial process, PRZM can not.

We should know the end result of the company before the end of the year. I am just not sure if PRZM shareholders have much to hope for.

Final note, if PRZM accepts a one-time payment of $10 Million, there will be only roughly $2.5 Million. That would equate to $0.25 per share.