However, I don't think we are going anywhere until we sell or place a license or partnership that wasn't driven by filing a law suit.

Indeed. I recall some of Pat's statements when Nunchi was first introduced to us during a conference call. He said something to the effect that Nunchi was not just something they were playing around with and that all they wanted was to be farily paid for what they brought to the table (meaning the Nunchi IP).

It doesn't surprise me that they would sue someone for infringement of Nunchi patents, but that by itself doesn't mean that we're right and Dropcam (in this case) is guilty. That remains to be seen.

If Nunchi IP is in fact of real value and they have presented it well to many potential partners/buyers, then I doubt that EDIG would ask so much (in royalties) as to scare away anyone who might be interested. So if they are unable to license on reasonable (and probably relatively cheap) terms, what does that tell us about the value or demand for this technology? How do we know for sure that Nunchi fits the bill until someone wants it?

- Sinkman