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jobu6398

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jobu6398

Re: Cassandra post# 44109

Wednesday, 01/12/2011 1:10:54 PM

Wednesday, January 12, 2011 1:10:54 PM

Post# of 72136

It seems that Wytec was one of the companies that abandoned continued pursuit of their very small LMDS portfolio. The founders sold the company, which has been resold twice more and neither the founders or any of the subsequent owners, including MDGC, had any success in licensing or monetizing the 5 Wytec patents.

Wytec wasn't unique in trying to capitalize on LMDS technology back in the 1990's. There is no evidence whatsoever that the 5 patents have any significant current value. Wytec was bought by MDGC under previous management. If the patents have significant value, why hasn't Westergard made monetizing them job #1???



This has been my biggest concern . . .
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