InterDigital Inc (IDCC)

[jealmc79]

Anybody else wondering what a bank failure would do to a company like IDCC with all that uninsured cash lying around? I still don’t understand why they have so much money borrowed when they don’t need it. Why pay tens of millions of dollars to borrow money you don’t need? I started figuring how much this last round of funding cost and quit after becoming disgusted by such a waste of money. The amount is incredibly high and for nothing. Can anybody tell me what this money is needed for and how it benefits the company? What happens if the bank fails? I imagine IDCC would still be obligated to pay the money back, wouldn’t they? Seems like a huge unnecessary risk to take and they’re paying $millions to do it.