InterDigital Inc (IDCC)

[ziploc_1]

Merritt asserted that a licensee, who was well known, would be announced by the end of the year. This kind of assertion is dangerous if negotiations are still going on because it gives leverage to the potential licensee. Therefore I think that the contract had been signed at the time of the CC and only a technicality such as the receipt of a check remained before the final press release. Otherwise the credibility of Merritt takes a significant hit.