translates into 1.5 per month if they finalize over the next 12 months, which is quite likely. What if they conclude even sooner or have group settlements and jump into round 3 by summer?
1.5 x $1.7 million average = $2.55 million/month = $7.65 million/quarter = $30.6 million/annually...on just round 2, not counting eVU sales/service revenues.
Now settlements can vary and some may exceed this conservative estimate but either way EDIG is looking at banking close to $30 million and netting $15 million by my guesstimate.
If over the next 12 months they NET more than they produced all of last year, on just round 2, and build their cash position while continuing to name new infringers, well, I like the chances for the PPS to move up.
Mix in some strategic PR and the ground begins to rumble.