Trial is scheduled for November 2018, lasts about a week. Loser takes case to CAFC, would be scheduled at earliest late summer/fall 2019. Here is where UOIP finds its first potential problem- 3 person
CAFC panel. It is generally assumed that a win here depends on what judges you get on the panel. Some are so uneducated in tech, they have voted against valid tech for no reason. Say that happens- UOIP
has to go certiorari at the Supreme Court- crapshoot whether they accept case. At this point, UOIP may have to start all over again with another patent(s). This is now 2020. $5MM payment is due to Chanbond or lose patents altogether. After 3-4 years of legal payments, $5MM more becomes a real problem. This is the worst case scenario. NOT saying it will happen, but has happened to other companies. There is NEVER a certainity what will happen in courts, no matter how good your case is. Few investors ride a stock entirely through the process, there are trading opps available along the way. Rumors, hype and small victories can jack up a SP at various times- thats when you sell something like this and make money. Hold out for the Holy Grail- dont be surprised if you dont find it in the end.