Thursday, May 20, 2004 11:28:23 AM
You are correct in my opinion. IDCC cannot settle based on the operative facts.
1. They had a trial date 60 days from the settlement announcement, PR and CC.
2. The case was settled due to a yet unidentified mandate and the costs and attorney fees were not even agreed upon before completing the settlement. Timing was apparently serious according to the mysterious mandate.
3. It is not clear who was the final authority regarding the settlement However, the two officers given the credit during the CC for negotiating and drafting the watershed event sold a significant percentage number of shares outside of a 10b5 plan within days of the announcement.
4. The company made a radical departure from its often stated policy of confidentiality with regard to the Nok and Samsung agreements in its PR, SEC filings and during the CC in an effort to explain the settlement amount as compared with the expectations based on the wireless infrastructure and handset sales of Ericy and Ericy/Sony through the year 2002.
5. Statements were made which could reasonably be construed that the completion with Nok and Samsung was merely an insertion of a figure in blank spaces.
IDCC must complete the arbitration process or achieve a settlement at least in the low range of the numbers presented in the PR and CC.
I have posted previously that my expectations are royalty from 1/1/2003 through December 31, 2006, and anything we get for 2002 will be gravy.
The NEC settlement has been discussed today. The actual result of the settlemnet is IDCC received 80.5 million dollars covering 2g royalty obligations through December 31, 2005, not 2006, unless another event occurs which the company has stated is highly unlikely.
MO
loop
Recent IDCC News
- UPDATE -- InterDigital and Lenovo agree to enter into new license agreement – final terms to be determined in binding arbitration • GlobeNewswire Inc. • 10/09/2024 06:22:11 PM
- InterDigital and Lenovo agree to enter into new license agreement – final terms to be determined in binding arbitration • GlobeNewswire Inc. • 10/09/2024 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/08/2024 08:43:54 PM
- InterDigital to Outline Immersive Technologies Enhancing Sports Experiences at Mobile World Congress Las Vegas • GlobeNewswire Inc. • 10/03/2024 08:00:00 AM
- InterDigital signs new license agreements with TPV • GlobeNewswire Inc. • 10/01/2024 12:30:00 PM
- InterDigital Wins Two CSI Awards for Best Immersive Video and Video Processing Technology • GlobeNewswire Inc. • 09/16/2024 12:30:00 PM
- InterDigital Announces Annual Recurring Revenue Target Of $1 Billion By 2030 • GlobeNewswire Inc. • 09/16/2024 12:00:00 PM
- Interdigital Announces Increase of Regular Quarterly Cash Dividend • GlobeNewswire Inc. • 09/10/2024 12:00:00 PM
- At 6GSymposium, InterDigital to Lead Crucial Discussions on Emerging Use Cases and Avenues Towards 6G Profitability • GlobeNewswire Inc. • 09/09/2024 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 08:05:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/05/2024 08:01:37 PM
- InterDigital to Showcase Excellence in Broadcast and Immersive Video Solutions at IBC 2024 • GlobeNewswire Inc. • 08/29/2024 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 12:17:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 08:06:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 01:05:55 PM
- More than half of connected devices will be haptic enabled by 2028, revealing exciting opportunity for immersive video • GlobeNewswire Inc. • 08/20/2024 08:00:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/19/2024 08:19:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 12:28:06 PM
- InterDigital Announces 2024 Investor Day • GlobeNewswire Inc. • 08/01/2024 12:45:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2024 12:35:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 12:32:54 PM
- Interdigital Announces Financial Results for Second Quarter 2024 • GlobeNewswire Inc. • 08/01/2024 12:30:21 PM
- InterDigital signs license agreement with Panasonic • GlobeNewswire Inc. • 08/01/2024 08:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:52:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:48:39 PM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM