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mrnutsandbolts

07/26/14 10:53 PM

#5099 RE: glenc #5098

glenc...do read up on the litigation. V/MC's argument for 3 1/2 years was that the "464 patent" was not a valid patent. The most recent court upheld the validity of the patent...as did other court decisions. Thus going into this phase of litigation V/MC now has to change their complete defence.

AND I agree with other posters when they say that Bright is a big reason to hold on to hope of a damage award. He and his firm is doing this on a contingency basis...no win...no money for them or us.

As for the card, changes to improve it have been made along the way. To say or intimate that one does not exist is a personal insult to Chaya and a complete statement of ignorance. In June the product was presented at the National Investment Bankers Assoc. One does not go before such a body with the intent to defraud.

WallStreetReports101

07/27/14 12:49 AM

#5101 RE: glenc #5098

I have

onetrackmind

07/27/14 2:05 AM

#5102 RE: glenc #5098

glenc, if I am reading your post in the correct context, I would like to point out that you are correct in stating this is an appeal, however you are incorrect in stating you can appeal anything, you can only 'hope' to appeal anything.

To be able to appeal, you must be granted the right to that appeal. In other words, there must be sufficient evidence of a wrong to enable the courts to allow the appeal to proceed.

Courts, and especially full benches, do not simply allow appeals on whim. This is what gives me some hope.

Further, Patrick Bright has invested a not insignificant amount of time and money in this case over 3 years, he is obviously confident of the outcome otherwise he would have walked away a long time ago.

The court has granted the right to appeal, so there is some degree of merit to the appeal.

One way or another, we will all have our answer shortly after 8/8.