Re: Pravda - Giants As a matter of fact
posted on
Jul 08, 2009 03:24PM
We are talking about a management team that has accumulated a deficit of 79 million dollars and all of the products and partnerships in the last decade, until the latest IFE products, both the original and the new version, had been failures.
The salvation was Nunally, who was able to develop a strategy to highlight the patent applications and possible infringers and as a result helped formulate a partnership with DM to generate substantial revenues if the lawsuits result in favorable rulings for edig.
Where would we be without Pat as it became obvious that none of the employees on the patroll could do the job that Pat did.
The doors were kept open as a result of outside investors constantly supporting annual losses for more than ten years. They had to think that the patents were in the long term worth an investment with an adequate ROI over the long term. This has yet to be proven a success.
Our hope is that this infringment process will prevail to a favorable outcome, otherwise there is nothing on the horizon to support an ongoing business, except speculation on possible achievements.