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Re: FrankF post# 236113

Saturday, 04/16/2022 8:59:17 PM

Saturday, April 16, 2022 8:59:17 PM

Post# of 241044
In 2011 they sold assets to Qualcomm for more than 40 million. Now they are in the process of selling more assets to WB, what Eric described as part of a lifeline of a rescue operation. Its only my opinion based on Eric's comments, that currently the tech company would not be valued as it was in 2011. I know some people get upset at some of my opinion comments like this, but this is based on Eric's words - "lifeline" "rescue"


https://www.qualcomm.com/news/releases/2011/07/25/qualcomm-acquires-gesture-recognition-assets-gesturetek#:~:text=The%20acquisition%20gives%20Qualcomm%20ownership,display%20and%20digital%20signage%20business.


Quote by Eric below:



"My intervention gave the company a lifeline that, to my reckoning, could be beneficial for all parties concerned, if the rescued operation could join us as part of our public company team".