Re: LTL2 - jefother - DB - Coyote - LTL2
posted on
Dec 04, 2008 11:02AM
I'm confused about something (ya ya ya go ahead and tease me) concerning a "material event."
My understanding is an 8-K is required X # of days after a material event has taken place, such as a substantial, what ever substantial means, cash award from a settlement for example.
Then again, if a NDA is part of the settlement, the 8-K is not required and the cash award via Casio, as it was with LG, is reported in the Q....is that correct?
I'm assuming this to be the case, or RP would not have stated the value would be in the Q report, or words to that effect.
I'm a novice at this part, but something tells me there will be 184+ NDA's and we will just have to wait for the facts. If this be the case, it's not a bad thing other than the anticipation, and it's what potential investors are looking for. A PR for a future settlement would be nice, stating the award value, but don't think IMHO it is in the best interest of EDIG/DM strategy.
I don't see any instant gratification is the point, and it's really not that big of a deal over the long haul.
Any thoughts?