This is a stinky pink company that hasn't published real information to its shareholders in years, thus the revocation proceedings for begin severely delinquent. I'm not sure which lawsuit you're expecting a settlement from, the one that I saw was Apple suing several entities including one associated with this one, some special purpose LLC set up to hold the IP. Apple was the plaintiff, but they were withdrawing, and given that they were the plaintiff they wouldn't pay the defendant a settlement, it would be the other way around, but I doubt if there is any $ changing hands.
Anyhow, seeing as how the company is so delinquent in communications, I'd say odds are they wouldn't pay shareholders anything if there were leftovers after addressing whatever liabilities they have.
Capital losses can be taken by notifying your broker and letting them tell you how they handle a dead stock. They'll require proof, but it should be self-evident once the stock is revoked.
And, I gotta tell you, this company has been so delinquent since an 8K in 2018, the time for shareholders to hold the board responsible passed some time ago.
I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.
