InvestorsHub Logo
Followers 4
Posts 2173
Boards Moderated 0
Alias Born 09/23/2010

Re: sirhaggus post# 51906

Wednesday, 12/14/2011 10:37:27 AM

Wednesday, December 14, 2011 10:37:27 AM

Post# of 60938
Filing a suit is one thing. Board members seem to forget -- repeatedly -- that it takes 2-8 years for most suits to actually come to trial. That's like trying to measure the speed of light by using a grandfather's clock. Especially in the telecomm industry, events move far too quickly for law suits to be of any use except in rare occasions of after the fact revenge. Look at the LightSquared situation. It is going ahead with its nation-wide network of transceivers despite compelling proof that their signals will render GPS useless. The GPS manufacturers have filed suit to stop LightSquared, but the alleged jamming will have occurred long before the suit reaches trial. People may die but that has not compelled the government to stop the initiation of the LS system. In CLYW's case, no lives are being threatened by the technology. How quickly do you think a suit will be concluded?

As some poster has noted, everyone should be concentrating on making CLYW money. That this food fight continues just proves to me the immense value of the patent. _Someone_ is determined to become a multi-billionaire whether that means sacrificing everyone else's investment or not.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.