3 prs and some DigEcor stuff soon...

At a glance

SUIT 2 filed: 03-04-08

1) LG ELECTRONICS USA-- DONE (doc92 10/14/08{7 months}) PR9/25(no name mention) FlashR/Xlicense,10Q,

2) CASIO AMERICA--DONE (doc104 11/21/08{8 months}).. PR12/2 foreign and domestic patents including FlashR/Xlicense, 10Q

3) NIKON-- DONE (doc118 12/17/08 {9 months})...PR1/8(no name mention) FlashR, 10Q

4) OLYMPUS AMERICA--1/3 DONE (doc 127 2/3/09 {10 months})...PR/10Q soon,

5) SANYO NORTH AMERICA--1/3 DONE (doc 128 2/5/09 {10 months})...PR/10Q soon, to be a Panasonic entity

6) AVID ELECTRONICS--1/3 DONE (doc 130 2/6/09 {10 months})...PR/10Q soon,

7) SAMSUNG ELECTRONICS AMERICA-pending

SUIT 1 filed: 09-07-2007

8) VIVITAR-pending...waiting on decision to consolidate to Suit 2

In the Nikon et al case, the Markman Hearing is scheduled for Feb 2010.

In the Vivitar case, it's scheduled for May 2010.

Other business:

Suit filed: 05-04-06

DigEcor waiting on motion hearing Jan20th 09....now waiting on results

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Filings PR's

Guesstimate Results

"Patent license costs of revenues include contingency legal and other direct costs associated with patent licensing."

Edig preliminary up front cost 250,000 ? prorate for each settlement 250,000/4 = 62,500

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10Q see intellectual litigation for who settles , see page 21 for amounts, see income tax for foreign tax amounts

1) LG...Income tax expense of $264,000 consists of foreign taxes payable on patent license revenue...40/60 split?

40/60 split after.... legal expenses 10%(160,000)?

1,600,000 - (Tax)264,000(edig 158,400/DM 105,600) = 1,336,000 - (legal)160,000 = 1,176,000... Edig 705,600 + 105,600 =811, 200 / DM 470,400

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10Q see page 23 revenue

We are reliant on a limited number of customers with three customers accounting for 33%, 27% and 26% of our first nine-month revenues.

Revenue 6,058K 3 settlements 2 mil 33% 1.65 mil 27% 1.6 mil 26%

Casio.....1, 650,000

Nikon....2,000,000

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