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Message: Re: Huge security breach at Chase--76 million accounts

Granted, no license agreements to date, but...8/13 PR.

  • 6 Nunchi patents published from Nov 6 thru Nov 13, 2012 with 4 pending....soon to be 2 years.
  • 1 microSignet patent published Oct 28, 2013 with 1 pending....soon to be 1 year.

Nunchi® lawsuit filed – The Company’s newest technologies embodied in its Nunchi® patents is demonstrating monetization promise. The Company recently identified several potential infringers of its Nunchi properties in the “connected” home security space. In July, the Company filed its first patent infringement lawsuit involving its Nunchi® portfolio against Dropcam, which uses various devices to communicate and monitor remote locations.

•Expanded and strengthened the Company’s Nunchi patent portfolio – On July 10, 2014, the Company filed a continuation patent application to broaden the coverage of its Nunchi patent portfolio. The portfolio now consists of six granted U.S. patents along with four continuation applications now pending.

•microSignet™ technology – The Company believes the rapidly developing and changing data security market offers improved licensing opportunities as it seeks partnerships with semiconductor companies and established online security providers.

My questions/comments:

  • If one considers Nunchi to be "worthless" or an IP that is not needed by anyone of the companies in this space, WHY ARE (per bolded above) several stealing it?
  • Why did EDIG file 5 Nunchi continuations of which all were granted, then 4 more? To burn what little cash on hand, or to further strengthen the portfolio to protect it, adding additional features as in they ask, "can it do this?" Cocumelli on 9-1-11 @ the SHM, "YES!"
  • How do us investors put a time table on obtaining licenses, the proper way? What do we know about how the process to demo either IP, understand the DD time for prospective licensees, the legal issues, beta testing time...the list goes on.

The problem IMO, after 15+ years for the majority here, one gets sick and tired of the wait to get a return on the investment, we create impatience, then say "it's been 2 years for Nunchi and 1 for microSignet."

Not picking on you BLR, but that is the majority sentiment.

I plead total ignorance as to what time frame is reasonable/expected as a holder of this stock, with LOTS of shares and a large dollar investment at that. All I know is, I WANT IT NOW...LOL!!!

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