chickens
posted on
Feb 03, 2012 11:56AM
I'm getting vibes that folks are counting their chickens before they hatch.
Even if the claim constructions all go our way in the Markman, their is still a potential trial at hand to prove the infringement claims.
Even if at a potential trial we win there is the matter of judgement, an unknown.
Even if we win a judgement, we don't know the size - small? medium? large? How would you define these?
Even if we win a large judgement, there may be a matter of an appeal.
Even if we win an appeal, their is another problem - BoD and Leckrone/Alliacense.
OK, having said that, I remain optimistic with my bet that things will eventually go our way, and in the meantime I hope the share price continues its climb.
As far as dividends go, how much of a judgement would we have to get to see a "substantial" dividend? With 400+ million shares, a $0.10 dividend would mean at least a $50 million settlement/judgement, as $40+ million would go out the door in a dividend, and we'd have to keep some back for future litigations, etc.
Although if we win all the steps or a shortened version of above, maybe other infringers will see it to their advantage to 1) buy some shares, and 2) pay off instead of going to court.
Given the best case scenario, a share price estimate may be done if a clearly stated business plan of dividends is presented by the BoD, dependent on licensing, on a quarterly basis. Every license from here on out needs to be public knowledge, if not to the specific amount then at least the name of the infringing company.
Finally, would someone please tell the BoD at the shareholder meeting --- "Gloria, you had your chance, now would you kindly step out of the way along with Carlton; Cliff, you can stay, but you're on probation." ha ha ha
OT: One more thing --- someone awhile ago said something about "God's Country" in reference to Brenham, Texas. With all due respect, I live in the real "God's Country" -- Madison County, Arkansas in the glorious Ozarks.