InvestorsHub Logo
icon url

LouisDesyjr

12/28/16 8:19 PM

#24443 RE: DataStream #24433

Being greedy and appeal

I think the original poster was agreeing with me in that Kidrin should have made some kind of a deal to sell off part of the case when things for patent cases was much better.

The problem with not doing that is Kidrin made the outcome a total binary 0% or 100% event.

Many, including me, believe that he could have easily sold off a small part of the case in return for enough to finance the company to the end of the case.

Instead, because many things went against the company, they have had to issue additional shares every year at unfavorable terms, and even those share issues left the company with little cash.

The company probably has to do the appeal to get the invalidated claims back because without them the case may be getting too weak to win, or too few claims to be sure of a good chance of winning.

Louis J. Desy Jr.