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Alias Born | 02/11/2011 |
Sunday, December 18, 2016 7:20:44 PM
As no one can know what deals have been struck internally (other than the parties to), I find your forecast very pessimistic. I on the other hand feel differently.
Kidrin has been a great steward throughout the years and I expect that he was comfortable moving forward with the 6 claims won but Susman convinced him to appeal. I expect that as a grand bargain, the cost to appeal will be covered by Susman as a result or at least defrayed. Susman needs to be considered as an active creditor at this stage.
I don't expect any further dilution as a result and as Kidrin is also a substantial shareholder, I feel he is protecting his own interest which we as shareholders also benefit from. Not to mention that an additional cash raise at this point will upset recent investors who formed part of the most recent financing and risk another reset of warrants.
CAFC will be interesting but there are several differences to WDDD that you don't seem to have calculated in your timeframes from the other Patent plays you appear to follow. CAFC should be over in less than 6 months and as ambitious as this may sound to you, I expect to have our results in approx 4.
I have reviewed many of your posts and your track record is no better or worse than any other prognosticator on these boards and your forecast is healthy (on the conservative side); I look forward to seeing what happens (in actuality).
As a long who has been involved in several patent plays for the past 5-6 years, I too have done much due diligence and like this play the most of the lot. It is still high risk of course but then we shall all find out in the wash.
Merry Christmas.
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