Re: Get hung up on the HTC Settlement, period: PTSC still in business
posted on
Jan 07, 2015 03:35PM
So PTSC is still in businsess, the widget business? But I get your point, the widget business is a meaningless business, n'est-ce pas? . I have a friend in the widget business, lives in Newport Beach. He and his wife travel the world in luxury. So they are not Bill and Melinda Gates, but they have plenty of money.
The problem here is that we all bought in to the idea that PTSC has "the patent" and would be worth billions.I think we all get it that it is "The Patent". It's just that the billions are for the power players. Many of the characters in this legal wrangling got in the way of PTSC and CM and still are working towards that purpose. But can PTSC survive and make some money? I think you are saying that they will, but only enough to pay the BOD? I ask could it be that maybe there will be enough to share with the shareholders? Maybe yes, maybe no.But just what was the dollar amount? What were the terms? Did it include all products? Is there a partnership? Wait, maybe that is what happened with Apple??!!! How is it that you know the details about the agreement to the extent that you can call it "pocket change"? Can you please share!!! TIA
So your point wasn't about the money. It's about the industry stealing and robbing from the inventor and the shareholders with the help of those that were supposed to help license the patent. What kind of justice is that? Brian, do really know why they call it BIG business! I know you do! Do you think they will let a small fry in their club of dominance? Maybe they can join but never take control, never! IMO PTSC and DL were too greedy and they fought each other. Divide and conquer.... The big guys loved it, to a point.
At least PTSC may now get to join the club without the likes of DL's direct involvement. Being part of the club provides certain opportunities which are not available to those outside the club. That may be the real value of the settlement.