Re: If news is around the corner - bpjets
in response to
by
posted on
Oct 29, 2008 08:34AM
I posted this after a conversation with Putnam.
Posted by: trillium on October 13, 2008 05:36PM
I think we'll see additional settlements between now and the end of the month. It's my feeling that monies from the first settlement are already being channeled into developing markets beyond IFE. The question of how much the first settlement raised should be put into the context of growing the company into additional marketplaces and paying off existing debt....I don't think the first settlement was for chump change!
Larry
I mentioned "additional settlements by the end of the month" because it was how I interpreted Putnams comments. They already disclosed the first settlement was with LG. There are still a couple of days left in the month. There is no assurance that settlement negotiations have finalized in a timely manner. We'll see!
Larry