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ou71764

12/10/23 6:00 PM

#18074 RE: LocWolf #18073

I think he said it was a great experience to take the high road. To me it's fluff.

As for why Intel wouldn't give up their right to sue, and HDC did, it probably was the only way Intel would agree to settle for any amount. I believe the $2+ million was all Intel was willing to give up, and HDC took it because they had no other options.

I hope there is a "secret deal" but I'd put the odds of that at 0%, rounded to the nearest whole number. If there's another announcement I think it will probably be that the stock ticker symbol HDVY is being retired and to consult your broker for more information. Or I might log on to my account some day and where HDVY used to be, instead there will be an asterisk, referring me to a message about stocks that no longer trade.

Pity those (like me) whose shares are in an IRA so there's no tax write off. For those saying there's more good news to come, I'm rooting for you. Anyone who holds shares wants you to be right!

chazzy1

12/11/23 12:26 PM

#18076 RE: LocWolf #18073

Thanks LocWolf. I am still struck with this one overriding question: Why would HDC agree to dismiss their strong case against Intel "with prejudice", meaning that they can never reopen this case, IF they hadn't already negotiated a satisfactory settlement with Intel? "With prejudice" means burning the bridge back to Intel's wallet. HDC wouldn't normally be required to include this limitation, and I assert that they wouldn't have included it UNLESS they were getting a very satisfactory sum from Intel. Seriously, if all you are getting back for the years of expense and effort, is a paltry $2.25 million, you wouldn't seal the doorway shut to potentially more funds by adding "with prejudice." If I were HDC's Directors or their attorneys, and Intel said, "Here is $2.25 million. Now go away and never bother us again." (This is exactly what occurred on the surface), I would reply to Intel, "We'll see you in court." If $2.25 million was Intel's best offer, I can all but guarantee you that, by waiting until closer to the trial date, Intel would have upped their offer. If you know that you are getting a lowball offer, and that you have the upper hand legally, you wait for a better offer. You don't cave. By not waiting, IF HDC had knowingly accepted a lowball offer, then they would have opened themselves to a class action by shareholders who felt defrauded of the true value of HDC's IP. But, I am reasonably sure that this did NOT happen. HDC did NOT feel the need to hold out for a better offer. Why? BECAUSE they knew that they had already received a reasonable offer, and thus, there was no need to hold out for more. This is the only hypothesis that makes sense to me, so I am sticking with it until I see compelling evidence to the contrary.
Bullish
Bullish