Replies to post #21928 on NetList Inc (NLST)

[Jetmek_03052]

NLST will be fine. Court cases take time. It is coming together quickly now. They won't win all the cases, but they will win enough of them to have NLST become a big player and have a share price far north of its present value.

Iggy this guy. He's simply here to cause dissension.

[Boxsterfan]

At this point, the patents have been worthless. SK Hynix offered $40M cash and $600M in product at wholesale pricing for resale. This resale of product has turned into a net loss because the SG&A expenses are more than the margin. This includes the cash from which Hong gave himself a raise, a $650K bonus and more stock grants.

The math doesn't lie. The $40M cash and the $600M in product for resale has resulted in a net loss. Unless, of course, you are Hong.