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Tuesday, August 15, 2023 10:19:34 AM
Loop, thanks for the memories and your input.
Even at the .175 rate, Pnokio should owe around 525 million unless our former management somehow fumbled the ball. Tack on interest and we have a monster win.
MO
loop
Pnokio sold 3 billion 3g units that has never been litigated. According to IDCC they had reached some sort of agreement requiring a later determination. The 2g was settled through arbitration. If the matter is still alive as Merritt and Shay represented, then Pnokio and IDCC can now move forward regarding the FRAND terms necessary to determine a fair and reasonable amount of royalty for the 3g sales made by Pnokio.
MO
loop
Link to Loop's Prior Post
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