Focus is on litigation. Licensing and punitive awards will propel the stock price even in the OTC. In this soft market where the sector may not pick up until the end of the year, licensing will be a welcome relief. It is what NetList was due from the very beginning. And while battling the 3 NetList does not have access to a large customer base. Once these litigations are over they will have that access again.
How is Chuck Hong the benefactor of NetList not being on NASDAQ? Where is he making money? Looks to me like he is filing form 4s selling shares to help pay legal fees or diluting the stock. How is he making money and benefitting from not being on NASDAQ? Better to be on the OTC with no BoD to hamper legal or pester Chuck with other agendas. Focus is litigation against the 3 companies in the US and in the EU.
Other than sales that are being held up by litigations why should NASDAQ be the focus? Winning these litigations so other companies will take notice and pay the licensing fees while using NetList IP should be the primary focus. Theft is serious business. This is theft the 3 companies get the benefit of cashing in on so far.
Up listing will come in time. Some people just do not get it. Impatient we are almost there. This jury trial with Samsung was very important setting a precedent. Micron to follow with many of the same patents. Google is in waiting mode to see how the other two fair.
Google's server farms, 11 (?) in the US, each the size of ~2 football fields utilize what percentage of NetList IP to make it all work? My guess, much of the important game changing IP in those server farms is NetList's IP. Google's CEO did not impress me during the 60 minutes interview. Google didn't "build" those server farms without a big part of it NetList IP.
Samsung, Micron, and Google are NOTHING without NetList IP. If NetList wins the majority of court cases, barring settlements finally come, NetList can potentially demand a cease and desist through the courts and shut each of these companies down. I do not think they will do that because that is not the end game here. Pay for the IP property you are using. The IP property that helped make you #1 chipmaker, #1 search engine, gave you access to a larger market share than your competitors.
My hope in the most recent litigation win against Samsung for NetList is that Gilstrap has offered each side, Samsung and NetList, a chance to enter their submission, limited to 10 pages, on enhanced damages with the possible intention of shutting Samsung down should they decide to appeal when the decision finally comes from him. It may be something they do not like. We will see what he does if he does anything about award enhancement.
Samsung is stuck with paying the jury award of $303 million. That much is a lock.
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