Someone posted recently that at the ASM, management mentioned they were in several discussions per month with companies they believe infringe. They also wrote that PTSC has received most of their licensing deals this way and not through legal action. If correct, this could be big for EDIG. Should such discussions yield licensing deals, and since no lawsuit was filed and no trial or appeal necessary, wouldn't EDIG enjoy 100% of the licensing funds and not have to split 60/40 with DM since they wouldn't be involved with the discussions. Discussions would be conducted by Pat Nunally, Robert Putnam and Fred Falk. If a license deal is reached, they could hire DM at an hourly billing rate to draw up the necessary legal documents for the license.

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EDIG: You are infringing on our 774 patentand here's our proof. Record something on your camera or cell phone. Now take the removable flash memory out and play it back. Hmmmmm, can't do it?

Company X: So what.

EDIG: We've sued 7 large companies and 6 have settled. You will be next. Why not just license our IP and save yourself a lot of legal fees and a big judgment at trial?

Company X: OK, we agree and we want a license on your IP.

EDIG: Hey DM, draw up the paperwork and close this deal for us. Here's your $300 per hour for 100 hours of work.

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I'd be interested to know how many companies PTSC filed lawsuits against before discussions alone resulted in licensing deals.