As usual not the true story,
Cassandra "
By stating that it is "finalizing documentation" to "support" additional patent portfolio actions, it is not even stating an expectation of the filing of such actions. The decision of whether to file is 100% in the hands of Duane Morris.
From the last 10-Q:
We also own an important portfolio of patents related to the use of flash memory in portable devices (our Flash-R™ portfolio) and we are actively engaged in a strategy to monetize our patent portfolio. We have an over 19 year record of innovation and significant investment in our intellectual property asset base which includes being the first company to employ and patent important aspects of the use of removable flash memory in portable recording devices. In June 2006 we engaged an intellectual property consultant to investigate, document and develop the portfolio and to liaison with outside legal counsel. In March 2007 we selected and engaged the international legal firm Duane Morris LLP to handle certain patent enforcement matters on a contingent fee basis. We, and our advisors, have performed certain due diligence on our patents and we believe we have strong intellectual property rights that can be licensed. During the second quarter of fiscal 2008 we commenced enforcement action with respect to our patent portfolio. We expect to bring additional patent enforcement actions during this fiscal year.
Which ends 3-31-2008
AI
