Re: A buy out scenario using DM as an alternativeRichardo
in response to
by
posted on
Mar 30, 2011 02:46PM
And I believe this to be TRUE also as posted here a few times.
In so many words, in the event of a buyout, DM receives 15% of the value of the patents.
I don't recall the exact clause in the contract, but they have their bases covered % wise for a settlement with no trial 60/40, with trial 50/50, and 15 if we get bought.
Somebody might want to dig up the contract again....MG?
Don't want to mislead, so best we see the real deal if anyone has it.
As corrected by Richardo (and thank you for that) X times outstanding shares.
In DM's best interest no matter how it is sliced, and they cannot prevent an offer coming our way, but could I assume sure impact getting the right price.
Just a thought...