ParkerVision Inc (PRKR)

[Blotty]

Yes.... I listened to the conference call last night. It was a very good call IMO.

Q3 was a net loss of $6.4M or .07/share, so the outstanding is around 92M versus the same quarter last year of $5M or .06/share which would be about 83M outstanding. I need to dig into the financials still to see exactly what the share structure looks like, but that chainsaw math is telling me we are seeing some dilution. Sounds like ~$4.2M in cash burn per quarter and a cash position of $23.1 at the end of Q3, so no blaring concerns there.

Not that it matters much now, but I don't understand how the damages verdict was not willful after having approached Qualcomm in the 90's.

The questions it looks like I need to answer for myself are the following in no particular order.

1. What's the share structure look like.
2. What does the current/future business look like?
3. What's the timing of the payments from the damages verdict look like.
4. What's the future royalties and timing of payments look like. I'm thinking Qualcomm's shareholder presentation will have their future demand. Would like to review a few other similar cases here and preferably by the same judge if anyone can recommend any.
5. Looks like the timeline for the damages verdict is relatively short here, so I'd like to know how much of a financial stress, risk, and potential for loss of business there is for Qualcomm and for how long? Is a buyout on the table or deal with the royalties for a period a design around it.

Technically, the chart looks good and with some good near term upside, before it pulls back. I'd be surprised if it can't fill that gap this week.