AmbiCom Holdings, Inc. (fka ABHI)

[DD_dempsey]

11JR11-yes, safe to assume we should see 8K

This was MONSTER news in the "legal world". It's hard for me to explain it any better than we did.

Recap- A few weeks ago, ABHI lawyers lost a request at a STAY on the case going on in the Texas court. $ABHI lost that request BUT not fully. The judge still gave room for another courtroom/judge to decide on "who actually held the patent" and did ABHI "willfully and knowingly default"?

Attorneys for $ABHI were trying to secure that stay since they had this other case in California that HAS been moving along quite nicely regarding the Patent, true ownership, the defaulting on the Patent and the hearing to show cause on why it defaulted and the claims against "fraud and deceit" used by PC Headquarters.

THEN THIS AM. The conference notes uodated and they couldn't be any more clear. Huge victory for $ABHI, Alain Lewand CEO, Cornell and Voosh LLC and for all shareholders here. Not only has it been determined that $ABHI is the proper Patent holder- they will be directed to secure that payment. That makes it official and hard to deny. Then turn your attention to the other lawsuit where it contends.... If it's deemed to be an $ABHI patent, and those revenues are vital to $ABHI and were thus, lost to them due to this action to take patent from defaulted judgment and via receivership -- they could most certainly sue for licensee revenues and patent usage costs (as well as Legal fees )