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Re: tikitu2 post# 60432

Monday, 12/09/2013 2:50:02 AM

Monday, December 09, 2013 2:50:02 AM

Post# of 60937
You are not alone in feeling like a fool. Many folks were duped into investing into this stock with the hopes of very quick turn around profits. The fundamentals were never there for this company. They didn't have a stable management team, assets, a functioning product, investment, completed financials or really anything that would lead the average investor to give this little company even a second glance. It always was a crap shot at best which is a real shame because I believe in the patent and share your frustration that it hasn't seen the light of day.

So about actually seeing a payout. First thing is that this court has to rule in our favor and remand the case back down for trial. Then we have to have the trial and we have to do a good job of explaining a technical patent to folks who don't want to be sitting on a jury in the first place.

Then if we win, there may be appeals to contend with.

Assuming all of that goes well and Drago doesn't decide to stop financing the legal effort, there may be an award to divvy up.

At this point, the receiver's job will be do dispense the assets. There is a long line of folks standing around holding bags - the chief of which will be Drago and his legal team which I am sure have many millions of dollars in legal fees racked up already.

So if there is anything left for shareholders (and the receiver was instructed to maximize value for shareholders) then we'd receive some sort of payout in the form of a dismemberment or dividend or whatever. This will show up in your brokerage account.

We are probably still years away from seeing this happen realistically.

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