InterDigital Inc (IDCC)

[The Count]

I just spoke with Janet Point

NOTE - This is my summary of the conversation based on my interpretation of what she said.

She confirmed that Samsung has 45 days to complete a contract and make payment within the terms of the binding term sheet. If they do not, then IDCC will proceed to the ITC decision on Feb 9.

I asked her about any release of the financial details. She indicated that no information would be forthcoming until they had a final agreement. I asked if IDCC could make a disclosure using a range based on the term sheet. She said at this time there is no plan to make any financial disclosures until the contract is signed.

It looks like the groundhog came out and saw his shadow, so we have six more weeks of waiting.