InvestorsHub Logo

papa p

05/01/22 9:08 PM

#94453 RE: AllinFun #94451

Agree ...but the value of the sale should be somewhat based on the settlement amount...Also buying the patents by Cisco/arris and the 13..would help their balance sheets look better. The patents would be recorded as intangible assets not an expense and would be written off /depreciated over a number years and not as a one time expense in that year. In that regard therefore what Cisco is showing (2.2B$) includes the money it paid to the 13 indemnification and more...to cushion the Chanbond/ lawsuit...Come to think of it Cisco and all the companies have insurance for this kind of thing...The insurance payments do not even hit the Cisco books..possibility the insurance paid another 50% or more on top in this lawsuit...The question is ...where is the money...

BrokeAgent

05/01/22 9:13 PM

#94454 RE: AllinFun #94451

They may have been sold, or it may have been agreed upon that the patents would be allowed to expire.