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vlftraders

04/03/11 10:37 PM

#51209 RE: Vision21 #51203

Very true! Having a legal background...

Its a Fact....

A Tort Attorney has been hired and approved by the Court.

Fact...this Attorney has informed QSGI that there may be a statute of limitations issue....

Fact...QSGI and the Attorney have entered into a 4 month tolling agreement beginning Jan 1. There is no indication that IBM has agreed to such tolling agreement but many times this is the case ...

"While a potential defendant might agree to a tolling agreement might not seem immediately apparent, there can actually be significant benefit to the defendant. Offers to make a tolling agreement often occur within the context of settlement negotiations. If a defendant has determined that it would prefer to settle rather than defend against litigation, it might be willing to toll the statute of limitations period to allow negotiations to be completed. Otherwise, the plaintiff might be forced to file suit simply to preserve its right."

Fact...To say there is no IBM lawsuit is a premature, shoot from the hip statement with the only purpose to confuse, and obfuscate the real facts. We have seen way too much of that here lately...IMO

Some choose NOT to see the forest for the trees...


VLF