LGJ, hope you don't mind...LOL!!!
posted on
Feb 12, 2014 11:37AM
Can't spin this...LOL!!!
Heybrad, it seems you were WRONGwith your prediction listed below. That's alright, even the best of us can't be right all the time. I've been WRONG many times before myself. So, your guess of 54k per settlement seems to be way low, the actual numbers equal 153K per settlement. Approximately 100k per settlement low... that's a big chunk of change when you add it all up. That's about 800K low total and we don't actually know who settled. Wish I knew what Apple did.. hmmm.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96960258
Quote: Heybrad's prediction: Financials revealed Valentines day Feb 14th.Total revenues 362k. License and settlement revenues 322k from 6 settlements. Apple settlement 200k for license of the entire flash patent portfolio.dismissed with prejudice. Of course if only for claim 1 of patent 108 then apple settlement will be 50k.
Side note. Even though true they most likely won't say apple paid this amount they do reveal in the filing how many companies cover 10% or more and they usually reveal those percentages in order. So we will know by mathematically figuring what the amounts are of those companies that paid over 10 percent. We just won't know example who paid the 10, 12, 12, 18 percent. But if one company paid much more say 60% it can be assumed it was apple. Those are my guesses and to be honest I am not sure how many settlements this will include. Just guessing 6. So my average settlement guess is 54k. Remove apple and it's about 24k.
Third Quarter Fiscal 2014 Financial Summary:
The Company reported a net income of $698,794 or $0.00 per share, for the third quarter of fiscal 2014 compared to a net loss of $334,494 or $(0.00) per share for the prior year’s third quarter. For the third quarter of fiscal 2014 revenues totaled $1,286,367 compared to $79,072 for the third quarter of the prior year. The most recent quarter included $1,227,500 of patent license revenues with no comparable revenues for the third quarter of the prior year
During the third fiscal quarter, the Company entered into eight revenue-generating license and settlement agreements.
So, your guess of 54k per settlements seems to be way low, the actual numbers equal 153K per settlement.