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Posts | 14081 |
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Alias Born | 01/11/2004 |
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Wednesday, April 03, 2024 9:37:13 AM
Logically speaking, either the PTO or the PTAB has to be screwed up. I've never tried to get a patent before, but I know people who have, and it is an incredibly long and drawn-out process. The PTO does not just issue patents "willy nilly". Usually when the PTO issues a patent, it has been researched beyond belief.
The PTAB on the other hand? Reportedly, it is made up of individuals who have little experience in the issues they are passing judgement on. This is precisely why the CAFC overturns a GIANT percentage of their rulings. The PTAB gets it wrong on something like 75%-85% of their rulings (as far as the CAFC is concerned)! This is documented! I'm not overly concerned about the PTAB rulings, specifically because of this. The unfortunate thing is that waiting for the CAFC to overturn stupid PTAB rulings will take additional time.
The price is being manipulated - at least I believe it is. And 9M shorts has weighted it down. It's the bad news of the PTAB rulings, and the constant delays of trials that are also having an effect. These things would have affected the stock price no matter the exchange NLST resided on. To think that the Nasdaq would have mattered is folly. In fact, the greater exposure the Nasdaq brings might have even affected the stock price to a greater degree. Yes, upwards AND downwards. But it is impossible to know that for sure.
Hong is the biggest shareholder here. We all know the reasons why he is holding off on a Nasdaq listing. I continue to believe that a Nasdaq listing will be made at some point. My opinion is that those who want one now are in the wrong. At any rate, it does little good to complain about it. Hong will list NLST on the Nasdaq at the time of HIS choosing.
Hang in there.
![Bullish](/static/images/ih2-bull.png)
Recent NLST News
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