The settlements in all of the patent infringement suits apparently were strictly for cash. It is my understanding that there is no residual royalties being paid under any of the settlements. Unfortunately, all of that cash was then used to pay Fortress for the loans taken to pay legal fees for those suits. And Andrea is locked into the Apple suit until Apple and Fortress resolve their issues under the new lawsuit between them. They can't even sell some of their patents because Fortress owns a percentage of them. Andrea should go back to Fortress for debt forgiveness now that Fortress' actions vis-a-via Apple have put Andrea in a terrible bind. I agree that Doug has treated this company like his personal piggy bank and has grievously failed to cause Andrea's products to have commercial reality. The best products in the world are worthless if no one is willing to buy them. And I see no insider buying at $.02 a share. That may say it all.
News 
Market Data 
Discover 
