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Re: longhorn 53 post# 53438

Wednesday, 01/04/2012 12:16:01 PM

Wednesday, January 04, 2012 12:16:01 PM

Post# of 60937
These are only guesses but here is the way I see it.

Management will bring on additional people and claim they are developing a market strategy that includes developing the software to operationalize and market the patent (hence, the CTO). They will either seek additional investors or issue additional shares to fund the operations saying that they will use the money to eventually make pitches to companies. They will probably move T-Mobile to the back burner or will open direct negotiations which will be disastrous (based on past experience with the Diac Settlement). Any money that might come in, including some of the money received in loans or in the sale of the newly issued shares, will go to pay management and the directors. The story about software development gives them time to make excuses for why they have not made any deals. Eventually the company will be so far in debt that the new investors (probably a consortium put together by DE Wine for a peice of the action ala the 2008 settlement) will seek repayment the same way Diac did, by foreclosing on the US patent and we will lose everything. Heck, the only reason we did not lose everything the last time is because Williams used his own money to fight Diac.

My guess is that Williams will concentrate on T-Mobile by hiring a contingency attorney. This is a slower but a less risky plan. Since he is a hard nose, he will only accept the best possible deal, not the first one placed on the table. Then, with the money from T-Mobile we can hire competent management to monetize the patent.

It is a difference between a promise of a quick return that never pans out or a slow, steady approach.

Again, this is only a guess.

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