Replies to post #106935 on InterDigital Inc (IDCC)

[Menander]

They also refused to take the interest due on the loan but nobody mentions that.

That statement qualifies under your definition of falsehood.
That fact has been stated ad nauseum during the last twelve hours, together with the statement that the interest was piddling and taken instead in the form of a number of options.

Hello?

[lando1]

From a lurker and sometimes poster,

If a company in this financial condition, which cannot borrow any more from financial institutions, and which is going to fold unless it gets an immediate cash infusion, receives a loan from an individual investor for $112,500 and his friends for even more, that company has been "saved". Without it, and probably a commitment from the lender to invest his time and talents in working for the company, it would probably have closed. The lenders took the huge risk that they would lose it all.

I have seen this happen many times. I believe it happened to IDCC. If so, it is lucky to have found such a lender and businessman. It took a lot of work and hard decisions to recover from that state, and I think it has succeeded.

Corp and friends, let's look to the future and what it brings, not at the past, which, in your case, is only a subject upon which to speculate. In the meantime, all of you are going on hold so I do not waste any more time reading your non-constructive notes.

I will continue to read the information put forth in a positive and useful manner.

Jim, keep up the good work. Wish I could attend the ASM, but will be in Ireland on vacation, where I look forward to raising a roomful of Guiness for every Irishman in the house when I receive the good news of the settlement!!!!!