InvestorsHub Logo
Followers 5
Posts 2099
Boards Moderated 0
Alias Born 01/04/2007

Re: wooden post# 58494

Monday, 10/08/2012 4:45:55 PM

Monday, October 08, 2012 4:45:55 PM

Post# of 60937
You are assuming that the board was illegal. I don't remember seeing anything that indicated that from the court, only that they had violated corporate law and had no plan on how they were going to fix that violation.

The exact affect on the settlement with Diac I cannot say and I believe it is true that the receiver has certain powers that could void actions taken by the company within a certain period of time prior to the court ruling (I am not sure the exact time), but I have never seen anything that indicates he has any intention to do that.

Then again, I have seen nothing from the receiver other than what he has filed in court, so I guess, like everyone else, I wait for something after the Markman decision.

I guess I would not get my hopes up that the receiver sees fighting that fight as being worth the effort, but who knows. For my part I assume he will not attempt to reopen that can of worms.

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.