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Sensio Technologies Inc SNIOF

Sensio Technologies Inc develops and markets stereoscopic technologies for consumer electronics, digital broadcasting and digital cinema markets.


GREY:SNIOF - Post by User

Comment by Sailor99on Jan 05, 2016 5:18pm
246 Views
Post# 24431378

RE:RE:RE:RE:What next?

RE:RE:RE:RE:What next?Thanks, I did not know that Buena Vista was part of Disney.

I still can`t believe that we can read this thing so differently.
I have been raising red flags, warnings, criticizing management for a long time now and so I`m aware where we stand and it`s not pretty.
I`m also aware of certain things and I don`t see the same numbers thrown around.

We are selling "certain" patents to 3Dn-LLC a subsidiary of Wi-Lan and we are getting a loan from Routhier to operate till the monies are available.

Where did the $1.250.000 for the sale of the patents come from??.
Nobody knows as far as I am concerned.
We don`t even know which patents are being sold, never mind that it`s for the whole batch.

You can create your own scenario because we are here now for different reasons and agendas.
But let`s be fair and don`t make it any worse than what it is.
We did the right thing by asking for a Motion before something dire could happen.
We have some options and a life line that we did not have before, and whatever the end happens to be let`s not rush it.

If the price of this sale (when and if we ever find out) is so low that it makes no business sense and looks like another give away and leaves very little money to try anything, I would say that not only SIO was crooked but Deloitte-the Court and Wi-Lan did not play to the standards of ethics required or needed by approving such an unfair proposal, but we don`t know.

If the sale is for more that it would leave if not a healthy balance but a balance that can do much more in conjuction with Routhiers loan and hopefully increased revenues from 3DGo tied with the chance of prolonging the STAY for the full six months, we may have a chance of maybe making it or at the worst recouping much more.

So what I see is a Motion to sell certain patents, then an option to tender the rest or some of the other patents for a bigger price and finally if nothing succeeds a complete sale.

Unless Q2 and Q3 are a disaster we could have as much as six months to determine the final fate.
Who knows?.

IMHO.




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