InvestorsHub Logo

007Roger

10/18/20 10:41 PM

#83741 RE: BillyParham #83740

I think a good lawyer could argue the Patents have some value and, based on it nearing trial, could be argued they exceed 10 million in net to Chanbond.

As example

Goodwill is an intangible asset associated with the purchase of one company by another. ... The value of a company's brand name, solid customer base, good customer relations, good employee relations, and any patents or proprietary technology represent some examples of goodwill.

https://www.google.com/search?q=goodwill+definition+balance+sheet&rlz=1C1CHBF_enUS893US893&oq=goodwill+defi&aqs=chrome.7.0i433i457j69i57j0l3j46i175i199j0l2.12403j1j15&sourceid=chrome&ie=UTF-8

Anyway, just passing information.

BrokeAgent

10/18/20 11:35 PM

#83743 RE: BillyParham #83740

Chanbond was just offered $50 million in damages plus licensing fees from one of the thirteen.