That is very good news.
Shows that the trial is still on schedule. Not sure what the pretrial exhibits will be but it shows Albright is pushing this forward. I assume that the info to be provided by Verizon is not something that will take more than a month to assess.
But this does look good. If the insiders would stop selling it might actually bode well for the share price. Personally I think Barbara, Chang, Williams and Clifton are holding the price lower. If this is all based on agreement to sell so many shares and they have no choice but to sell I can understand a little but I don't think that is the situation. I would love to see no additional form 4s but that is just a wish that will never happen.
But if the pre trial on July 9th actually happens it looks like the trial on 8/19 is likely to take place. Finally there would be a real outcome from one of the patent lawsuits that would result in something material. If the trial is won by VPLM it would result in a much higher share price in the near term. The trial would be appealed but it would show everyone the patents are defendable and these companies will be paying an award. I would hope it would lead to a settlement in the Verizon, T-Mobile and other gateway cases. If not these companies would be seen as owing even more money down the road and have much higher legal costs. I would expect Verizon to settle for a smaller amount to avoid the need to appeal.
Thank you Greenback.
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