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Wednesday, July 02, 2008 11:26:53 PM
Jim don't listen to those 4 posters but realize the thanks from all the others that really appreciate all that you have done for me and the rest of the IDCC investors over the years. If you want to say good bye, that is entirely up to you as you deserve a break after all you have done. If you are doing it because some question your dedication, then just don't respond to them. I really hope you stay on board because I am selfish and think nobody else out there can do as good a job.
btw, I just looked up when they filed the 8k about LG and it was filed on Monday Jan 23, 2006 announcing the agreement signed on Wed Jan 18, 2006. Other lesser deals have been announced the same day it was signed and the biggest deal in the company's history is signed 1 business day after options expiration? Not a coincidence in my opinion. They had a reason for doing so, I just don't know what it was.
From the 8k:
SEC Filings
8-K
INTERDIGITAL INC. filed this Form 8-K on 01/23/06
Item 1.01 Entry into a Material Definitive Agreement
On January 18, 2006, InterDigital Communications Corporation's patent
holding subsidiaries (collectively, InterDigital) entered into a worldwide,
non-transferable, non-exclusive, patent license agreement with LG Electronics
Inc. (LG). The five-year patent license agreement, effective January 1, 2006,
covers the sale, both prior to January 1, 2006 and during the five-year term, of
terminal units compliant with all TDMA-based Second Generation (2G) standards
(including TIA-136, GSM, GPRS, and EDGE) and all Third Generation (3G) standards
(including WCDMA, TD-SCDMA and cdma2000(R) technology and its extensions), and
infrastructure compliant with cdma2000(R) technology and its extensions up to a
limited threshold amount, under all patents owned by InterDigital prior to and
during the term of the license. Under the terms of the patent license agreement,
LG is obligated to pay InterDigital three equal installments of $95 million, in
the first quarters of 2006, 2007, and 2008, respectively. At the end of the five
year term, LG will receive a paid-up license to sell single-mode GSM/GPRS/EDGE
terminal units under the patents included under the license.
btw, I just looked up when they filed the 8k about LG and it was filed on Monday Jan 23, 2006 announcing the agreement signed on Wed Jan 18, 2006. Other lesser deals have been announced the same day it was signed and the biggest deal in the company's history is signed 1 business day after options expiration? Not a coincidence in my opinion. They had a reason for doing so, I just don't know what it was.
From the 8k:
SEC Filings
8-K
INTERDIGITAL INC. filed this Form 8-K on 01/23/06
Item 1.01 Entry into a Material Definitive Agreement
On January 18, 2006, InterDigital Communications Corporation's patent
holding subsidiaries (collectively, InterDigital) entered into a worldwide,
non-transferable, non-exclusive, patent license agreement with LG Electronics
Inc. (LG). The five-year patent license agreement, effective January 1, 2006,
covers the sale, both prior to January 1, 2006 and during the five-year term, of
terminal units compliant with all TDMA-based Second Generation (2G) standards
(including TIA-136, GSM, GPRS, and EDGE) and all Third Generation (3G) standards
(including WCDMA, TD-SCDMA and cdma2000(R) technology and its extensions), and
infrastructure compliant with cdma2000(R) technology and its extensions up to a
limited threshold amount, under all patents owned by InterDigital prior to and
during the term of the license. Under the terms of the patent license agreement,
LG is obligated to pay InterDigital three equal installments of $95 million, in
the first quarters of 2006, 2007, and 2008, respectively. At the end of the five
year term, LG will receive a paid-up license to sell single-mode GSM/GPRS/EDGE
terminal units under the patents included under the license.
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