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AllinFun

05/30/23 9:46 AM

#96648 RE: long uoip #96647

Great points.

I think most here agree with your sentiment. And it would explain the abnormal intellectual properties activity for Cisco right at the same time this case was being settled with the 13 at the beginning of trial.

GColl

05/30/23 11:31 AM

#96650 RE: long uoip #96647

Which is why a discussion about the value of the patents or other assets is not relevant.

The 13 companies (or a portion thereof) weren't buying actual assets of value from ChanBond - they were using them to redirect the settlement funds to another channel.

These "assets" could (in reality) be worth a dollar, but then again, if the buying market (Cisco, e.g.) is willing to pay $1 billion, then that's what they are "worth".
The market sets the value, right?

Like "long uoip" said, it will be difficult to find the channel used, because
(1) doing so would expose the participants to some serious SEC penalties and shareholder rebellion; and
(2) these are smart people with sharp lawyers who could hide a billion dollars in a thimble.

The question is:
Would a revelation of the settlement include/expose this side deal?
Couldn't Deidre claim in her discovery response that she had no idea if a side deal with Billy took place, and that all she knows is the $125 million actual documented settlement?

Don't know the answer. She's fighting to keep the numbers under wraps.
Maybe getting her "under oath" would change things??????