Re: if the true value of the settlement was obscured in this way
in response to
by
posted on
Mar 10, 2008 07:19AM
IMHO...the "true value' will be there in our april Q,it's just that it will be shown, in total, as our 50% share of the TPL/ALLIACENSE negotiated fees.
Now is it possible we may be able to extrapoloate some individual settlement from the total that will be shown?....possibly...but in any case without a distinct paragraph in the Q that states who paid exactly what amount....my guess is that we will be stuck with a toal number not anything individual.
For those who might be wishing for an early announcement of the earnings...my guess there is 4/9/08 is our date and it will remain so.
PTSC will stick with the required date for the Q and if it were I that had to sign that Q for the first time....like RG is required to do under the Sarbanes/Oxley rules....I'd make darn sure that every T was crossed and every I was dotted and every penny was accounted for correctly. He will need that time just review what will be published IMO.
As far as insider trading with information the public des not have...well many companies report their earnigns with mention of spcifcity within their contracts. As long as the true value is reported according to GAAP the public has in their hands what is required and the BOD/Executives can be relieved of their restrictions.
What I want is the lifting of restriction of the company buyback program...start that up again and either use cash to take out Swartz's shares before they hit the market and/or continue to buy shares openly as had been previously happening.
I'm sure all of us would like detail upon detail on the licenses but IMO that just isn't going to occur...although I sure wouldn't mind reading details like that, I just don't think we should expect that.