InvestorsHub Logo
Followers 16
Posts 4819
Boards Moderated 0
Alias Born 04/25/2003

Re: mickeybritt post# 420350

Monday, 12/04/2017 7:40:22 PM

Monday, December 04, 2017 7:40:22 PM

Post# of 432690
mickeybritt: What don't you comprehend what JimLur said:

Mickey, LG did not violate their 3-G agreement. They paid up for 3-G for the term of the agreement and were granted a fully paid up license for 2-G. They didn't renew their licensing agreement, big difference.



Take Jim's statement and break it down into sections as follows:

Jim's statement #1 LG did not violate their 3-G agreement Easy to understand (I Hope AND HERE IS THE REASONING:)

Jim's statement #2 They paid up for 3-G for the term of the agreement Simple to understand -- The $295 million was for 2-G and 3-G for a term expiring in 2010

Jim's statement #3 and were granted a fully paid up license for 2-G.. Here, IDCC AGREED that IF LG paid the $295 million per the agreement, at the expiration of THIS contract ENDING IN 2010), LG would receive a Paid Up license FOR 2G ONLY (AND lg DID PAY THE ENTIRE 295 MILLION AND THEREFORE WERE GIVEN A PAID UP LICENSE FOR 2G AND COULD DO WHATEVER THEY WANTED TO WITH THE 2G TECHNOLOGY)

jIM'S STATEMENT #4 They didn't renew their licensing agreement. THAT LICENSE AGREEMENT WHICH REQUIRED RENEWAL WAS FOR 3-G BEGINNING jANUARY 1, 2011.

And that, my friend, is the truth, whole truth, and nothing but the truth!


We all have a right to post our opinions, whether you agree with them or not.



Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IDCC News