"Future events including court rulings, patent reexamination results and other factors could have a significant positive or negative impact on future patent enforcement and licensing activity." Falk, fiscal Q1 2012

So that's where we sit.

If I were Fred I would do everything possible to fast track Nunchi and inform shareholders of the efforts being made as well as clarify what Nunchi is, where its applications lie and what size the markets are that it targets so investors can better evaluate their investment propects.

A positive reexam and several Nunchi customers over the next 12 months would shed significant new light on the markets .024 valuation.