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Re: langlui post# 80121

Tuesday, 01/06/2009 11:01:01 PM

Tuesday, January 06, 2009 11:01:01 PM

Post# of 704570
ICOG = market cap roughly 200 million.

The PR says this :

In the latest move of a long-running legal dispute over a satellite contract, the Los Angeles Superior Court backed a jury's decision in October to award ICO compensatory damages of $371 million, punitive damages of $236 million, plus prejudgment interest.

If it does not pay immediately, Boeing must also pay ICO 10 percent of the total each year, worth about $63 million, ICO said.


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