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nyt

05/24/24 9:50 AM

#130309 RE: rapz #130303

"US patent law sets no maximum for damages. Those hoping for 1 million and 2 millions award, check VPLM's the preliminary 2017 estimates for VZ, T, AAPL.
VZ estimated damages were $2.4 Billion in 2017. Update the 2017 estimate by adding appx 10 years of damages to make it current, 2024"
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Above doesn't sound right to me. To begin with, the "preliminary estimates" were made before 2017, whenever the lawsuit was initiated. I don't remember offhand, exactly when that was but the reason I say it was before 2017 is because I'm about to show you the actual updated and recalculated estimates by Vplm which they posted in 2017. Point being that I dont think the updated figures came in the same year as the original figures with the original lawsuit. It could've been only a few months in between but I think it was longer than that. Regardless, in May of 2017 Vplm published the updated damages along with how they were determined. For Verizon and att they were far higher than the $2 bil you mentioned. Way way way more. And the total revision for the 4 or 5 companies being sued at the time, came to over $102 BILLION! And that was 7 yrs ago. It would/should be much higher now, all things considered and then, when incl all 60 or so named companies by Vplm, it becomes vividly apparent that the figure of a trillion dollars or so, that I have suggested for several yrs, as a figure I used to help me make my argument that the whole thing is one big phony farce......is very reasonable. Here are those 2017 revisions, excerpted from what the company posted back the...
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"The newly revised potential maximum total award to Voip-Pal to over one hundred two billion dollars ($102,570,231,360) .
Applying the updated damage award calculation method to Verizon and AT&T, the current damages sought from Verizon of more
than two billion dollars ($2,382,872,100) would in////crease to over seventeen billion dollars ($17,262,042,011) .
The current damages sought from AT&T would increase from more than one billion dollars ($1,804,795,745) to over thirteen billion
dollars ($13,540,863,431) .
Applying the maximum potential punitive damages, increases the maximum potential award from Verizon to more than sixty-nine
billion dollars ($69 billion) .
Applying the maximum potential punitive damages, increases the maximum potential award from AT&T to more than fifty-four billion
dollars ($54 billion) .
The complete monetization analyses and damage calculation methodologies are linked below." (I haven't included that here)