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Message: LG Financials + 8K?

LG Financials + 8K?

posted on Oct 15, 2008 07:38AM

With over $25B in sales and $1.3B in net profit, LG does rather well. Unlike the larger Samsung and Sony competitors, LG is primarily in the CE business. Link: http://www.lge.com/ir/financial_info...

I wonder if EDIG tech is part of their talking and Internet ready refrigerator?

Since we do not know the settlement amount, the assumption seems to be it is BIG. How big? We'll know mid November.

My WAG is this is enough to push EDIG into the unchartered waters of black ink. Besides the afore mentioned validation, the black ink could be a serious catalyst to get EDIG's pps well past our 52 wk high. Again, just my opine, but I am very glad to see the LG news (vs. a lesser company). The speculation on the number continues to be very interesting. I looked at a few other licenses deals from other CE companies and the numbers are all over the park, but most are well over my original WAG of ~1M net net to EDIG.

Any guess as to if / when an 8K will be filed? Does it make sense that an 8K is not necessary in this case due to IP licenses are now part of EDIG's primary (normal) business? Are there aother reasons why an 8K would not be filed due to "normal" business operations?

John


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