Re: LL, personal inquirery??/Wolfy
in response to
by
posted on
Apr 17, 2008 07:40AM
I think we are all energized as a result of DM representing edig on a contingency basis.
I also would think that DM expects to prevail and accepted the case based on a 80-90% probability of success. As to expected revenue, they will incur millions of dollars in expenses over many months and likely years if they follow through with 150+ lawsuits. The potential income from positive results could amount to a hundred million or five times that amount.
However, that alone does not guarantee a win to be realistic. It only satisfies our long term frustration experienced over the past several years.
For now, it's not a slam dunk as some may think, and the potential may improve as the resolution to the Vivitar suit becomes a matter of fact.
We wait with anticipation for a successful verdict.