It depends on the mix of products and licenses - think about this for a minete - if EDIG emerges with the nunchi product and they OWN it and big companies cannot access it EXCEPT for Fred and the boys - even with 290 milion shares outstanding - the company could be 500 million or more...
now if the settlements contain license deals along with cash and the valuation is 4 to 5 times worth - again the PPS could be quite nice.
It depends on the deals cut and the products the company possesses...