Replies to post #9140 on Nortel Networks (fka NRTLQ)

[Zorax]

That post is referring to a previous action that has been settled for all intents and purposes, this patent case is a new ball game, and the other creditors from other countries claiming what's owed them are also in a new phase.

Nortel has sold ALL businesses and only has the patent package left to unload.

(b) risks and uncertainties associated with: limitations on actions against any Debtor during the Creditor Protection Proceedings; the values, if any, that will be prescribed pursuant to any court approved plan to outstanding Nortel securities and, in particular, that Nortel does not expect that any value will be prescribed to the NNC common shares or the NNL preferred shares in any such plan; the delisting of NNC common shares from the NYSE; and the delisting of NNC common shares and NNL preferred shares from the TSX; and

http://www.marketwire.com/press-release/nortel-reports-financial-results-for-the-first-quarter-2011-otc-bulletin-board-nrtlq-1515095.htm