One to Two Settlements per month
posted on
Jan 13, 2009 07:15AM
would provide this company and its shareholders a tremendous shot in the arm.
Imagine getting settlement announcements every two to three weeks and the type of buzz that would create...projected out over 6 years or more.
That translates into the next round of infringers being in the 12-24 number range.
At that pace EDIG would be a $20-$40 million company with a substantial portion of that going to the bottom line.....which further adds tremendous value to the company.
Many companies netting $10 to $30 million annually have much larger top line revenue numbers....that makes EDIG a very attractive buy.
Then the question arises, what will Cocumelli, Blakeley and Putnam do with the money, or who will see EDIG as vastly undervalued considering the cash asset value alone ????
Right now, cash is king, however they could be some very good acquisition targets for EDIG to consider.
So many possibilities in the pipeline.