Re: LG Financials + 8K?
in response to
by
posted on
Oct 16, 2008 09:24AM
jawk, LL,and other interested posters
My thought on the settlement :
I don,t think DM would consider a settlement of 1M , I have no idea on how large the settlement may be but HERE IS WHAT IS IMPORTANT ABOUT THE SETTLEMENT !!
#1-- It confirms our patent is in good standing.
#2-- it gives EDIG some working capital and they need that to continue
their pursue of new business and maintain their day to day ongoing
business.
#3-- it gives DM a portion of their expenses back ( the people working
on this case had to receive a paycheck ) . It also gives DM more
incentive to pursue more out of court settlements..
#4-- it gives the other defendants in our suits more incentive to
negotiate with DM on a realistic level.
#5-- From my viewpoint it gives me a GREAT FEELING about my
investment in EDIG.
LarrysDream