News Focus
News Focus
icon url

Running Q

01/29/21 1:51 PM

#151145 RE: Egold #151140

Good insight. Didn’t think of the royalty potential instead of a lump, one time payout. Just like “Mr Wonderful” on Shark Tank!
icon url

Evaluate

01/29/21 3:16 PM

#151184 RE: Egold #151140

you wrote:

lawsuit is settled in arbitration. This is a big deal
This is the reason why all mention of Annihilyzer is gone from annihilare's site and all google searches now comes up with PCTL and it's distributors.
This is also the reason why Marty Paris's Annihilyzer Inc. doesn't come up in any searches.
Doubt we will know the full terms of the arbitration but to think PCTL is not getting damages imo is wrong. I also bet PCTL will be getting royalties from annihilare



I agree that the settlement of the lawsuit is a big deal, and I am glad to hear that it is done.
Legal proceedings can be costly, and very time-consuming (and draining) for management etc.

I agree that we may never know how they may have settled, in part due to non-disclosure agreements etc.

If you check out the list of 66 court documents here:
https://www.courtlistener.com/docket/17180862/pct-ltd-v-paris/?filed_after=&filed_before=&entry_gte=&entry_lte=&order_by=desc
you will see that #66 is in regards to the settlement of the case. I suspect that since it is only 1 page, that it is the same as the letter per the link in Post 151125 =
https://www.pacermonitor.com/view/6AMU5GA/PCT_LTD_et_al_v_Paris_et_al__ncwdce-20-00287__0066.0.pdf
You may also notice document #19 from June 25, 2020 = Counterclaim, where the various parties of Plaintiff look to have countersued the various parties of Defendant.
So there were likely some various disputed items ... and perhaps a bit less "clear-cut" as you make it appear.

It would be interesting to learn what the claims & counterclaims were, and how they were settled, and if there are any settlement payments involved.
We may not learn for a while ... perhaps some payments could show up in a future 10Q or 10K.
"Stay tuned" is about all we can do.