SHINER,
Excellent questions and can t understand why that post was removed.
I had one post removed myself and if I recall, it was a very innocent comment on LNMs position where I probably complemented him on the direction but where I mentioned that he still needed some work done on his trading skills.
Reading Chaya s post , it seems that she has to adhere to strict guidelines of what she can say and what she can t .
At least she tries to keep us as much explanation and help as she can and I don t t think we can t expect for more.
She has no obligation at all to all this for us.
The cap raising by Halcyon was disappointing and I agree with Corey that the price rise in the last 3 to 4 months has been quite remarkable .
The " I wish" comment from Chaya appears to indicate that there are developments. I wish I knew what they were but a steady support for the share price suggest that it can t be all that bad.
N&B, a positive outcome of the patent infringement issue would be great but it would not result in the company receiving money anytime soon.
If it gets to a settlement, it will probably only happen the day the trial starts as has been suggested by a contributor some time ago . If it goes to trial , a favourite verdict for Smartmetric is most likely to be appealed ( Chaya mentioned somethng along those lines in the CC in March) and result will only be known around yearend.
It is good policy, so I see it, that the company gets on with its business and does not put itself in a position where it is reliant on a good outcome of the courtcase.
One scenario I thought off which could be an interesting one is if one of the parties feels like settling the matter and the other does not.
But Patrick Bright , professional and experienced as he is, will probably have anticipated a way of dealing with such scenario.
Anyway, 3 weeks to June 24 and just over 3 months to trial, when is the rest of the world going to take notice of this case?
Exciting times, fingers crossed.
R.
