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Excellent post!!!!!!!!!!
BULLETIN, FWIW, I believe HC agrees with you.
Any shareholder of IDCC present at the time of the Mot decision realized that a knock out punch had been delivered by a jury and a judge in Delaware. We had lost our foundational patent claims on our home soil. Sure we had the appeals road, but findings of no infringement were devastating and not even Dr. DeBakey would be willingly attempt the repair of the heart and soul of this company.
Nobody, savy in the the industry, wanted to take over the reins of this former racehorse with 3 broken legs. HC stepped up to the plate and took over. He made a small dollar investment and a large time deposit in an effort to revive a dream that many of us today still have going into the final hours of the 2g saga.
I believe that HC is ready to walk away and his track record so indicates. He has declared himself as an outside director and we all know he could declare otherwise. He has done this in the face of the new institutional rule and he knows his compensation figure for an outside director sticks out like a sore thumb.
As far as taking care of his underlings, there is not one of us on this board that would not reward loyalty in the position HC found himself in when he took over. He knew he had a long term fix and a short stack to operate. When I first started out, I hired an old investigator that technology soon replaced as far as efficiency is concerned. However, he was very instrumental in the success of my breakthrough case. He had been loyal and it was iffy whether he would get paid in the early days when my success at poker determined whether or not the bank account would support the outstanding checks written thereon. I kept him on board until he decided to fish for fun because he was there when others would not have been. I faded a lot of criticism inn later years when he shared in the bonuses, but I did the right thing as far as I am concerned.
I understand your post completely, but I view it differently. I will vote for HC this time around because I believe it is the right thing to do. I believe he also will do the right thing and exit with pride. I just do not believe it is right to publicly oust the only guy willing to step up to the plate in the darkest hours of the company when literally nobody had even the slightest desire to do so. I realize that my beliefs in fair treatment are outmoded and the popular thing to do is blast the old traditions and institutions publicly. Our press has taught us how to take just the negative and completely ignore the positive when dealing with people who have made a difference in an endeavor. A vote to withhold HC at this time in the history of this company is simply unfair and misleading as to his contributions made in keeping her alive. IDCC was pronounced dead on the operating table in Wilmington Delaware many years ago and the position it finds itself in today is largely due to the efforts of HC and those who stuck with him.
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