Am I wrong here?
posted on
Nov 17, 2009 08:47AM
LG, the only settlement where the value was public, was 1.6 mln, and the financials showed about 900K to EDIG after expenses/DM cut. It was said that "DM became whole" on this 1st settlement expense wise. That's roughly a split of 56/44, EDIG/DM.
If we got 1.25 mln from Samsung, on the financials as shown, then the settlement is about 2.25 mln.
Am I not understanding how this is reported, or is everyone saying 1.25 mln is.....whatever....
Accountants needed.....I'm listening.