Thank you, DB for that excellent clarification, which does make perfect sense to me. Thus, the so-called "contingency" is the "we go to trial" scenario, which I understand you to believe will not become necessary. Now this would imply two things. One, that a settlement is how this ends, averting the necessity of a trial, and two, that this settlement comes prior to any scheduled trial date on the court docket. This would suggest that we are looking at a matter of months, not years, for a resolution to all of this infringement litigation.
And, as per your explanation, the inside selling is simply to raise the needed capital to be able to withstand the cost of a trial, just in case that becomes necessary. And you are quite correct in that those funds would need to be raised in advance of a trial. Your new target of $.70/share, which I assume is in the absence of a trial, would be seen as a most welcome improvement to anything we have seen thus far. I hope that you are correct, and I note that this new target is not based on a whim. I also recall that whenever you venture to make a prediction, it is always a conservative estimate. I make no predictions except to state that I believe that the best is yet to come for VPLM shareholders, and that we have never been in a stronger position legally and strategically. Best of luck to you and to all VPLM longs!
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