Consider this
posted on
Oct 24, 2008 05:28AM
You're an infringing company looking at a $20-$50 million judgment against you or settlement in that range.
Having had a first hand look at the patent case and realizing that EDIG has the potential to reap 100s of millions in like settlements from other infringers, what are your options?
You also note that EDIG has the asset of $58+$17 million in tax loss carry forward if you buy out the company whose market cap is around $40 million.
So for less than the current market price you could avoid paying the settlement, own the company and its tax loss carry forward and either buy it with cash or a stock swap or a combination.
Apple has $24 Billion in the bank and shares valued at over $90/share. There are other companies in similar positions....or do you just pay the settlement and be done with it or fight and risk losing a whole lot more?
If you realize you will recoup more than what you owe EDIG via the carry forward benefits and savings from not having to pay the judgement and own the company and its patent portfolio, and then let DM carry on....interesting concept imo.