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Message: Sorry, Nikon is in this Quarter

For now....Casio only...lol

The Pacer dates have always been there....pacer date, PR's(linked), 10Q's(linked).

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 2008-09-30/filed 2008-11-14(45days)

2) CASIO AMERICA--DONE (doc104 11/21/08{8 months})..PR12/2 foreign and domestic patents including FlashR/Xlicense, 10Q 2008-12-31/filed 2009-02-10(42days)

3) NIKON-- 2/3 DONE (doc118 12/17/08 {9 months})...PR1/8(no name mention) FlashR, 10Q soon

4) OLYMPUS AMERICA--1/3 DONE (doc 127 2/3/09 {10 months})...PR/10Q soon, 2009-03-31/file 2009-05-12(40days)

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, -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

====================================...

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

====================================...

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 / DM 470,400

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10Q page 14, 15 and 22

"Revenues from three customers comprised 33%, 27% and 26% of revenue for the nine months ended December 31, 2008. Sales to three customer comprised 37%, 26% and 20% of revenue for the nine months ended December 31, 2007. Accounts receivable from one customer comprised 95% of net accounts receivable at December 31, 2008 and three customers accounted for 61%, 14% and 12% of net accounts receivable at December 31, 2007."

"Our most recent quarter’s revenues consisted primarily of $3,650,000 of one-time non-recurring patent license revenue and $256,033 of eVU product and service revenues."

Casio.....3,650,000

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doni


















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