I think you are correct and we also must consider EDIG's need for some early cash along with DM looking to cover some of their early expenses.

With 184+ infringers already identified it makes sense to get the ball rolling ASAP and steady their financial ship prior to the Markman hearing and tier 2 involvement with some early settlements.

The thing is that they can become profitable and a cash cow just by staying lean and banking bottom line, net dollars with little or no effort.

Add to that some big wins down by more notable infringers and this looks better by the minute.

This is undervalued based on the evidence of pending settlements and operating profit turnaround evidenced in the 10Q just released last Friday.