InvestorsHub Logo

WBCTrader

10/31/17 2:20 PM

#189004 RE: reader3 #189003

NOPE, just made up here for entertainment purposes.
The company is not worth 8b in its current state.

Enigmattic

10/31/17 2:21 PM

#189006 RE: reader3 #189003

They've said the goal is to sell within 5 years, but if a price target was mentioned I haven't seen it. I think billions is a reasonable expectation if the patent holds up in court.

Erie

10/31/17 2:37 PM

#189013 RE: reader3 #189003

re the 8b figure
In reply to an email or text message (as posted here long ago by someone) about the worth of Strikeforce's main patent(s), Mark made a comment that he wouldn't sell it for less than 8 billion, or something to that effect. I have always assumed that he was just throwing out a huge number rather than meaning it as a carefully thought out valuation of the patent.

Note that the (probably careless) mention of the 8b figure was for the patent rather than the company.

My guess is that Mark would not sell the patent (and proceeds from the corresponding infringement lawsuits and associated ongoing royalties) for even many multiple millions, but I doubt that he would pass up offers that started with a B rather than M.
Eire