I wanted to emphasize the importance of focusing our attention on the legal cases that have the potential to yield material settlements for investors. While the recent settlement with AMZN may not be significant in terms of monetary value, it was a strategic decision made by VPLM to free up resources for cases that hold greater promise in terms of financial impact.
By settling the AMZN infringement case, VPLM aims to streamline its legal efforts and concentrate on the upcoming cases scheduled for fall and early 2024. This approach allows the legal team to allocate their time and energy toward pursuing larger, more lucrative opportunities.
It's crucial to understand that the AMZN settlement was not necessarily the amount that VPLM believed to be sufficient. Instead, it was a calculated decision to reduce the number of open cases and focus solely on the infringements with the highest potential for success and substantial settlements.
As investors, it's important to recognize that the ultimate goal is to maximize returns. Therefore, our attention should be directed toward cases that have a higher likelihood of success in the courts and a correspondingly higher expected settlement amount. The AMZN infringement case likely falls into a lower tier of potential settlements, making it less critical in terms of financial impact.
While we anticipate an announcement of the settlement in the near future, it's possible that the company may not issue a public press release if the settlement amount is not material. Nevertheless, it's essential to remember that this settlement was a matter of convenience, allowing VPLM's legal team to fully focus on pursuing the larger prizes.
By focusing our attention on the cases with the potential for significant financial returns, we can make informed investment decisions that align with our long-term goals.
I anticipate a settlement prior to year end on at least one of the major infringements. It is unlikely the defendants or VPLM wish to have a trial that could end poorly for either party. Treble damage is possible, and a jury can sometime enjoy punishing Big Tech. VPLM could get a jury that is sympathetic to the larger companies and a loss would impact future cases and settlements.
The real prizes will happen in the fall 2023 and 2024. Good luck to us all. Remember even a settlement in the end of $.50 would be life changing for most. If VLPM got $5 billion in settlements from all the parties combined I would be thrilled. But I would take $0.25 - $0.50 tomorrow and move on. $.50 would be life changing for most.
