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Re: lbcb123 post# 16440

Friday, 12/02/2016 9:22:14 AM

Friday, December 02, 2016 9:22:14 AM

Post# of 18730
Thanks for the very insightful reply. I think you're underestimating their cash needs but who knows because we don't know what their litigation costs will be; i don't buy that they have "hedged" those costs. A little over a year ago they had 17 million on hand and shortly after the bluecoat trial they were down to a just a few million. They blow thru cash like crazy, especially when they have a case going to trial. So that is why I think dilution is coming within the next year. My main contempt is with their managements complete and utter lack of promoting their story. I've given up talking to their IR. The fact their highly compensated executives NEVER buy shares on the open market is suspicious, especially when prices are low as they have been recently.

Best of luck.