I agree with most here who wished for a final ruling hence I see this settlement with mixed feelings.
Anyway, one thing is safe to say:
Both parties have come to the conclusion a settlement is in their best interests and they wanted it defitinely before the ruling - hence the question for us as PTSC shareholders is:
Are these interests our interests, too?
Provided the settlement conditions remain secret we only will know by the numbers in one of the next 10Qs by PTSC - as always we can only speculate (of course there would be one case we'd know the settlement was positive for us, this being the declaration of a dividend BECAUSE OF the settlement revenue ...:-))
One thing to remember from the PDS/Alliacense agreement in July/14:
„Alliacense has attempted to negotiate an MMP license with HTC without success. It provided litigation support in connection with the HTC trial in Fall 2013. The parties are presently in a negotiation to settle the HTC lawsuit and potentially issue an MMP license, or license with respect to some MMP patents, to HTC. Based on this, [*] The parties do not contemplate any significant future litigation support from Alliacense as to HTC; if needed, Alliacense will be paid at the hourly rates discussed in paragraph 3(b)(i) below."
...
As I understand it it's NOT Alliacense which led the negotiations with HTC, therefore I hope this settlement gives our side the leverage to re-install the MMP licensing business without the threat of another painful litigation with another powerful infringer.
In a nutshell:
Though the "official power" of a ruling would have been great I hope our side got what they wanted WITHOUT the risk of a negative appeal, so in the end I bank on Otteson and his ambition to present himself as a successful lawyer.
GLTA
