JUST TO CLARIFY
posted on
Sep 18, 2008 08:54AM
Lots to read today!
1. I believe the correct # of holders was 226,000. Someone help me here.
2. They are not going after royaltys as someone posted, but one time licensing agreements and a one time payment.
3. The primary reason DM has only filed 8 thus far and 2 more soon, is they are "footing the bill" as RP was quoted. As $ comes in, DM will step up it's activity.
4. On Apple, PN said, "they are not a target at this time, but if they were I would not tell you."
5. 50 Mln shares auth by the proxy vote, making the total 350 Mln. RP felt that was enough to give them the cash they needed until settlements came in.
6. "100's of mlns in settlements" per RP.
7. Diaz and Warden were not there.
If I missed some points from the questions posted others can chime in for us.