Replies to post #1011 on DSS Inc (DSS)

[Patentinvestor]

Chas, outstanding post. You pointed out things i never even considered.

Questions for the board and tomorrow's conference call:

#1 - what happened to the ninth board member as outlined in the S-4?

#2 - it seems the manufacturing is a loser, when will they dump it and concentrate on digital products only?

#3 - DSS is a conglomerate of small mom and pop businesses - when will DSS bring in a heavy hitter with a successful large company background to run the operations?

#4 - how much annual/quarterly revenue will the Jive and Broadvision settlements generate?

[Nolerman]

"The ECB appeal was heard back in April in Spain regarding the suit brought by DSS. (DSS won original case). The ruling was supposed to be released 2nd quarter but no answer yet. This would be a seminal event for the company if positive ruling. Any thoughts from legal experts very much welcome."

This is a great point. I have received a couple private messages regarding this suit since it isn't necessarily in the recent spotlight, and two easy reads to catch up are below:

http://www.prnewswire.co.uk/news-releases/document-security-systems-says-euro-notes-infringe-its-patent-seeks-damages-by-way-of-royalties-from-european-central-bank-154621405.html

http://kluwerpatentblog.com/2010/12/22/ecb-cashes-in-at-dutch-coa-dss’-patent-revoked/

Bottom line is with a ruling here and a settlement with Novell (as you eluded to above), momentum would be fantastic for the company going into Markman and fantastic for Joe Retail to bank some profits.

"One of the greatest things I believe started happening immediately is the constant issuing of stock to officers of the company will cease and desist. DSS was just plain horrible. A stock that had no insider buys (they didn’t need to!) is just bad business. I will say with pretty good confidence, Hudson Bay will effectively stop that going forward. The days of stock based compensation costs of 247% are hereby gone. "

This was one of many things that were "horrible" about the company, But I'm glad you brought this up. As there are so many negatives with the logistical operations of old DSS, new DSS has some exciting prospects. I am interested to see how this shakes out in the near term. Thanks for posting.

[coolerheadsprevail]

The ECB appeal was heard back in April in Spain regarding the suit brought by DSS. (DSS won original case). The ruling was supposed to be released 2nd quarter but no answer yet. This would be a seminal event for the company if positive ruling.

@Chas,

Why do you feel that a positive ruling in Spain would be a seminal event for DSS? 7 of the 9 Euro districts have already revoked the patent being asserted by DSS, w/Spain and Luxembourg being the two remaining districts. Of what significance would victory in Spain and/or Luxembourg be if the other 7 Euro districts already deep-six'd the patent? The troubling thing is that Germany -- arguably the most "patent owner friendly" Euro district -- was one of the districts that already revoked DSS' patent.

To be honest though, I've not paid much attention to any of DSS' legacy lines of business as these are peanuts compared to what Lexington brings to the table. In fact, I've admittedly not even cared to spend any time looking into the Coupons.com suit either as the Bascom suits are the ones that interested me enough to invest here. So if there is something special w/Spain or if the value that can be derived from ether the ECB or the Coupons.com suits are indeed significant, I am more than happy to change my opinion on these matters!

TIA...