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Saturday, March 29, 2008 2:57:09 PM
You love to complain about everything that could be hurting your investment, whether it be shorts, IDCC's lawyers lack of interest in the case or a black cat crossing Mr. Merritt’s path. It gets old reading posts that all have the same message, though never directly stated, which is "I made a great investment, the share price isn't where I want it, so I need to find someone (other than me) to blame for this underperformance.
I am very grateful for the attorneys’ contributions here to help me keep up with the progress. However they are hampered by the large amount of information that is not available to them due to all the sealed filings and confidential discussions. They also have an interest in IDCC and have followed this saga for so long, seeing what we believe is the lack of good faith and hubris of MENS, that there is a natural expectation for justice to be done based on the entire history. The judges have not yet taken all that into account. So we've received some ruling that we believe are totally wrong. This does not mean that IDCC lawyers are not competent. It means that the legal system is tricky.
IDCC has hired prestigious firms with highly regarded attorneys with a wealth of experience. The attorneys here have commented favorably on our representation.
However all that really isn't the point. Shareholders are not here to manage the company. Management has the experience, information and desire to handle this. They are going to do it. There is no way you are going to affect this at all, so just let it go.
To sum up, you have no legal background so cannot make an informed judgment on the legal skill of our attorneys. Shareholders have no say in the day-to-day management of the company. So please try to keep your kevetching to yourself. It's okay to have an unposted thought.
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