I just hope your read on the Baroni PR is a bit more accurate than your read on the J3 settlement disclosures. Hard to believe you want to continually read tea leaves to discern what the company is doing/saying. I'd much prefer they at least get the SIMPLE announcements correct. lol
Unfortunately as we all came to realize, you were wrong with the below assumptions/analysis because you read into the situation MORE than PTSC revealed. Are you doing so again?
*********************************************
http://agoracom.com/ir/patriot/forums/discussion/topics/219515-here-is-what-i-think-is-a-real-possibility/messages/800663#message
Here is what I think is a real possibility
posted on Apr 16, 08 09:39PM
Our license agreements with the J's identified specific products that are infringing. They have agreed to pay a royalty rate based on the sales of these products for the statutory past years they have been infringing (i.e. it has been posted that the infringement period starts when the defendants have been notified that they are infringing). They have agreed to have independent auditors come in and audit the sales so as to come up with the amount of sales that contained infringing products. This audit will take at least a few months to complete. Once it is completed and reviewed by the court the amounts to be paid are agreed upon and payment is made.
I won't even get into the possibility of future infringement.
Based on the above, no licensing revenue would be recorded until the audit is complete. RG's statement about all transactions being included would be accurate as the licensing transaction would not be complete until the numbers are agreed upon.
All jmo.
