Wednesday, June 08, 2011 6:37:24 PM
Sent this message to the BOD at IDCC.
Mr. Clontz and members of the IDCC board,
My name is James Lurgio and I have been invested in IDCC for about 25 years and have also provided a place on the internet to discuss IDCC for the same amount of years. IDCC’s IR department is well aware of me and over the years as I spoke with many like Guy Hicks, Rip Tilden as well as Janet Point. Let me assure I also have spoke over the years with brokers holding major positions as well as the leading institutional holder for many years.
These comments by me don’t mean jack but I presented them as to me they have some meaning because I never contacted anyone and it was the discussion on my threads that led the company as well as the financial community to contact me.
Recent actions by the company as well as comments at the ASM are not sitting well with many investors on my thread.
For example what was the reason the company halted trading recently? Every investor I know thought the reason why was Apple changed their agreement . Merritt blew that away with his comments at the ASM.
A investor at the ASM Mr. Espy was very vocal and expressed his concerns about how there’s no insider buying. I do agree with him but I would question why the BOD and employees every chance they get they execute the options or RSU’s and retain none?
Please afford me how many reporting individuals at IDCC hold how many shares.
Mr. Merritt was a great disappoint to me at the ASM with his comments which I think are contributing to this big sell off of our shares.
Merritt has made numerous presentations stating that IDCC has 50% of the 3-G market licensed and he also used that comment at the ASM stating that was as of 2010. Why can’t he be honest and tell the truth and say because LG is not licensed we are now down to 42 %.
He also IMO miss led the financial markets with his double –double as if this was true and you board members believed his message might have held on to some of your options?
Roath sent a message to us all by selling most of his shares.
Looking forward to the boards thoughts on my issues.
Regards’
Jim Lurgio
Mr. Clontz and members of the IDCC board,
My name is James Lurgio and I have been invested in IDCC for about 25 years and have also provided a place on the internet to discuss IDCC for the same amount of years. IDCC’s IR department is well aware of me and over the years as I spoke with many like Guy Hicks, Rip Tilden as well as Janet Point. Let me assure I also have spoke over the years with brokers holding major positions as well as the leading institutional holder for many years.
These comments by me don’t mean jack but I presented them as to me they have some meaning because I never contacted anyone and it was the discussion on my threads that led the company as well as the financial community to contact me.
Recent actions by the company as well as comments at the ASM are not sitting well with many investors on my thread.
For example what was the reason the company halted trading recently? Every investor I know thought the reason why was Apple changed their agreement . Merritt blew that away with his comments at the ASM.
A investor at the ASM Mr. Espy was very vocal and expressed his concerns about how there’s no insider buying. I do agree with him but I would question why the BOD and employees every chance they get they execute the options or RSU’s and retain none?
Please afford me how many reporting individuals at IDCC hold how many shares.
Mr. Merritt was a great disappoint to me at the ASM with his comments which I think are contributing to this big sell off of our shares.
Merritt has made numerous presentations stating that IDCC has 50% of the 3-G market licensed and he also used that comment at the ASM stating that was as of 2010. Why can’t he be honest and tell the truth and say because LG is not licensed we are now down to 42 %.
He also IMO miss led the financial markets with his double –double as if this was true and you board members believed his message might have held on to some of your options?
Roath sent a message to us all by selling most of his shares.
Looking forward to the boards thoughts on my issues.
Regards’
Jim Lurgio
"IN GOD WE TRUST"
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