RE:Random thoughts - all IMHOHow can you be a long term shareholder if you don't even follow the ER or listen to them?
I've been long 8 years so i can say whatever i want to BB mgmt. I earned it!
You really think it's worth spending 12 months negotating only 2 billion for 20k patents? You need to redo your analysis. If it's anything less than 4 billion then Chen should be kicked out! Will have destroyed Canadian IP value/portfolio.
Earning Transcript From Chen Also, the 7 year tail that
Chen mistakenly blurbed out is very small.
John Chen: Yeah. Paul, that’s a good question. So, this is an unusual year. So, let’s talk about if the patent license sale goes through, we will report a one-time gain of a reasonably big number followed by a tail of up to seven years. So, it will not go away to zero. There is some recurring stuff but most of that would not be with us, but it will not be zero, but it will be quite small if the patent sale goes through, with one big year in this fiscal year 2022.
If the patent sale does not go through, then the first couple of quarters will be low because as the patent sale is being negotiated right now, I actually am unable to do more other negotiation going on, so the pipeline basically is frozen, but it won’t go away. So, if the patent sale does not go through, I may have to suffer a little bit for the first couple or two or three quarters and then we will then resume the target $250 million a year of patent licensing. Does that make - did I answer your question?