InterDigital Inc (IDCC)

[JimLur]

olddog, Thanks. Some how I knew you would jump in here and provide the truth. No where does it state as Corp states that Harry saved the company. Plain and simple he and a few others lent the company some money at a difficult time. In fact Harry's loan was the smallest which indicates it was a very risky situation.

Why did he post all this nonsense. Note how he cleverly posted year end balance versus the second quarter balance when the loan was given. How could a guy whose in the M and A business make a major mistake like this? IMO it's deliberate as he has an agenda.

http://www.investorshub.com/boards/read_msg.asp?message_id=6303876

Your comments also provided this, "Mr. Campagna waived all payment of interest on his Notes and received warrants to purchase 15,000 shares of Common Stock at a per share
exercise price of $2.50. David, Michael and Jeffrey Burns were issued warrants to purchase an aggregate of 33,500 shares of Common Stock at a per share exercise price of $3.75. The Notes issued to the Burns were repaid in full on November 3, 1994 with interest, and the Note issued to Mr. Campagna was repaid in full on October 7, 1994. Although, under the terms of the Notes, the holders had the right to demand a late charge of 5% of the amount due, neither the Burns nor Mr. Campagna made such a demand.

I think this shows both the Burns brothers and Campagna showed confidence in IDCC by taking warrants instead of cash for their loan.

Thanks again.