Re: OT: PTSC knocks down # 16---SHARP / DaBoss/jhawk / DaBoss
in response to
by
posted on
Apr 11, 2007 01:38PM
Once PTSC has Markman results (~June), I expect a pay off -- assuming we win -- and I'll probably get out once it runs and S & L converts all of their warrants (~30M left as of Dec Q report).
Look at the divy this way:
A. They lose the Markman and spend the banked $30M+ on a small company to start yet another biz plan (unlikely, but possible, IMO); or
B. They win the Markeman and hundreds of licence deals await. No cash needed.
With only a handful of employees, PTSC has a very low burn rate and the cash piles were going to be obscene for a company with few bills to pay.
After all that PTSC hype, I like EDIG's chances better in the long run because they already have a revenue stream other than IP licensing.
The IP license program will have to work it's magic through DM and my guess is EDIG will not be that heavily involved once the tech specs are out there. DM may elect to be very quiet until deals are completed (like TPL is with PTSC). OK by me and it certainly eliminates some of the FUD when the deal is done before weknew it was in play.
While the patents may be good through 2015, I believe there is an outside chance we could see some benefit before they expire. lol Short of that, no way to know.
John