P10 Industries Inc. (PX)

[steeledge]

i am very familiar with the extreme difficulties CRDS is having trying to sell, let alone monetize, their patent portfolio. if u go the enforcement route, u need a huge warchest of cash in order to last long enough for it all to play out. if u go the licensing route, u have to have the ability to SHOW enforcement so that the potential customer feels threatened into licensing. and if u go the sale route, u have to realize that it could take agonizingly long, as CRDS has found out.

so all that to say, i assign zero value to the patent assets, until the company does something with them. at that point, if it were to materialize, then we have a better feel for what they're worth. even with zero value, the NOLs and upcoming catalysts still make PIOI uniquely compelling