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nyt

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Alias Born 01/29/2011

nyt

Re: None

Tuesday, 04/23/2024 4:33:06 PM

Tuesday, April 23, 2024 4:33:06 PM

Post# of 129861
Voip-Pal.Com Announces Plans to Increase Damage Demands in
Lawsuits vs Apple, Verizon and AT&T
Company preparing responses to new petitions for Inter Partes Review
May 15, 2017 -- Voip-Pal.com, Inc. (“Voip-Pal,” the “Company”) (OTCQB:VPLM) announced their intent to increase the damage
claims in its lawsuits against Apple, Verizon and AT&T. Over the past few months, the Company has been reevaluating the initial
damage calculation claims made in its February 2016, lawsuits against Apple, Inc, in the United States District Court, District of
Nevada case number 2:16-CV-00260, Cellco Partnership d/b/a Verizon Wireless and AT&T Corp. in the United States District Court,
District of Nevada, case number 2:16-cv-00271. Voip-Pal has determined its initial claim for damages was calculated using a
significantly lower royalty monetization model than has been used in actual court awards of recent patent infringement cases.
Voip-Pal remains cautiously conservative with its newly revised calculations, using an amount 25% below actual recent court
awards for damages. Upon the lifting of the current stay pending the completion of the instituted Inter Partes Reviews expected later
this year, the Company may file an amended pleading to reflect the more accurate damage calculation model.
Utilizing the updated damages award calculation methods, the revised total damages sought by Voip-Pal from Apple would rise from
more than two billion dollars ($2,836,710,031) , to more than twenty-five billion dollars ($25,642,557,840) .
An award in Voip-Pal’s favor may also include additional punitive damages awarded by the court, up to triple damages increasing
the newly revised potential maximum total award to Voip-Pal to over one hundred two billion dollars ($102,570,231,360) .
Applying the updated damage award calculation method to Verizon and AT&T, the current damages sought from Verizon of more
than two billion dollars ($2,382,872,100) would increase to over seventeen billion dollars ($17,262,042,011) .
The current damages sought from AT&T would increase from more than one billion dollars ($1,804,795,745) to over thirteen billion
dollars ($13,540,863,431) .
Applying the maximum potential punitive damages, increases the maximum potential award from Verizon to more than sixty-nine
billion dollars ($69 billion) .
Applying the maximum potential punitive damages, increases the maximum potential award from AT&T to more than fifty-four billion
dollars ($54 billion) .
The complete monetization analyses and damage calculation methodologies are linked below.
The Company also reports the filing of five more petitions for Inter Partes Review (IPR) from AT&T and Apple. The deadline for filing
an IPR petition by Apple, Verizon and AT&T was May 9, 2017, one year from the date of the completion of service of process to the
defendants.
On May 8, 2017, AT&T filed the following three petitions for Inter Partes Review: IPR2017-01382, against Voip-Pal’s Patent No.
8,542,815, IPR2017-01383, against Voip-Pal’s Patent No. 9,179,005, and IPR2017-01384, against Voip-Pal’s Patent No. 9,179,005.
On May 9, 2017, Apple filed the following two petitions for Inter Partes Review: IPR2017-01399, against Voip-Pal’s Patent No.
8,542,815, and IPR2017-01398 against Voip-Pal’s Patent No. 9,179,005.
Voip-Pal CEO Emil Malak stated, “We will continue to vigorously defend these challenges to our technology and protect the interests
of our shareholders. Once the stay is lifted we will make a final determination on amending the asserted damages of our lawsuits
with Apple, Verizon and AT&T.”
“We are now faced with defending five new IPR’s, three filed by ATT and two filed by Apple, all on the same two patents we have
been defending for the past year. We are confident we will prevail based on the merits. We appreciate the patience of our
shareholders and we assure them we will persevere to a successful end.”
Next Article
Apple Royalty Monetization Analysis.............................................................
Verizon Royalty Monetization Analysis..........................................................
AT&T Royalty Monetization Analysis.............................................................
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*** $103 billion for just 3 companies in this revised damages template. And that was like 6 or 7 yrs ago, lololol......and Vplm named 60 companies! And I personally identified at least 100 voip service providers years ago. There are likely many more out there and lord emu said that all voip service providers were automatically infringers. So that means that my years old estimate of damages being worth in the range of $1 trillion, I was right on the money! Except the context.....the all important context is that's all nothing more than fantasy math and money. The real value in this point is it shows that with money like that at stake.........no company on earth, WOULD LET THAT KIND OF RISK HANG OVER THEIR HEAD AND THEY WOULD'VE EITHER PURCHASES THE PATENTS........OR..........LICENCED......... OR Settled!!!

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