InvestorsHub Logo
icon url

loophole73

05/02/03 1:03 AM

#22339 RE: blueskywaves #22334

bluesky

Marchma broke it down and if the additional 5 mil passes it is higher than that. I believe that the shares were at 42 mil before the plans. They are now at 56 with 5 remaining and asking for 5 more. It is very silly to give this increase until the 3g licensing matters are up and running. The percentage is just too high since only one of the top 15 is a founder. In fact, it may be silly period. It is not like the shareholders have not been very generous up to this request. The rule of thumb is 20% and the BOD is asking for approval that will take it to 38%.

MO
loop
icon url

mickeybritt

05/02/03 7:28 AM

#22356 RE: blueskywaves #22334

Blueskywaves

How about this scenario, since IDCC already has the 2G patents, and the engine and transmission for 3G and 4G will be so many years out that I doubt if very many of us will even be around by then, why don't IDCC fire all the engineers but a very few that they can retain to try to verify other outside peoples patents and develop some of their on. IDCC could take options on patents from independent engineers and have their engineers verify the value of the patent or use Co_Ware or other companies who does the verification testing. IDCC could also buy patents from other companies after getting certification of the viability of the patents. IDCC could retain a legal team to get license deals, and pay them a ongoing commission on revenues received after the license agreement but the lawyers would be on comission only. By implementing this strategy IDCC could sell the 2 existing facilities and relocate into a smaller location and reduce expenses about 70 million a year, and still have all the money that was supposed to be coming in coming in.

Now wouldn't that be a way to really get a PS and PE that would knock your socks off, but you know what I bet the management would still want more options. They would say since they was able to reduce expenses this much they should be compensated oh lets say 1/2 of what they saved the company.

Mickey

icon url

EconEli

05/02/03 11:04 AM

#22392 RE: blueskywaves #22334

bluesky, I got that rounded number by doing some simple math. You are pretty silly if you are out here giving advice, but can't even add and subtract.

And I know my opinions about increasing float have merit. I wouldn't have posted it if that was not the case.

You have a real talent for stating the obvious you know. What dos PE mean again?