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teecee

01/10/03 8:27 AM

#1869 RE: laranger #1866

ranger....why would you hesitate to post that....pwc should be thankfull that you alerted them to the situation...its obvious that ericy was confronted by pwc w/ the situation...and some upper level feathers at pwc were ruffled....its a good thing that email was recieved down the food chain at pwc....the guy at pwc who recieved the email and acted upon it w/ good intentions...probably got his ass kicked also

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infinite_q

01/10/03 8:58 AM

#1876 RE: laranger #1866

laranger, way to go! Based on the timing of your actions, I would suspect you may have been the straw that broke the camel's back, as it were.

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warbil

01/10/03 9:35 AM

#1887 RE: laranger #1866

Laranger...Bravo

By that action, you invariably gave notice to PWC that there was an unrecognized contingent liability on the books of ERICY that PWC was either unaware of or not told about. Your action put PWC on notice and provided information that they could not ignore.

If the case had settled or gone to trial and ERICY had to pay material royalties or damages, your e-mail could have been evidence against PWC and their arguments that they were unaware of the litigation of IDCC.

I'm not surprised about your statement that PWC no longer accepts e-mails about their clients. I would love to have seen the conversations between PWC and ERICY as a result of your e-mail. You probably made a few enemys back then.

Bill

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redhot

01/10/03 10:16 AM

#1906 RE: laranger #1866

laranger-I emailed the SEC after early drafts of the rights prospectus seemed to make NO mention of IDCC/litigation. I suspected only the FINAL version, to be accepted by SEC before the rights offer, might mention it.The final prospectus, cleared by the SEC, made clear mention of litigation liability but w/o mention of IDCC.
I wanted to put the SEC on notice that they were told about such omission and could not later claim they did not know. I felt so little chance of having any impact, and did it only to assuage my own protest/impotence...and until now forgot about it. Probably MANY others did similar acts and, who is to say, made a diference. Thanks, laranger and all who did/do the ethical, if unknown actions.redhot

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JimLur

01/10/03 7:04 PM

#2048 RE: laranger #1866

Welcome to a site that can share values on IDCC and idiots can't post.

Hope you stick around.



Jim Lurgio