BlackBerry Ltd T.BB

Line in sand

[theRussian]

Chen said I have to draw line in sand and then said 80% it gets done this qtr. did he say line in sand it gets done this qtr or he moves on? 

steve rai said "Chen said one way or another by qtr earning" will be announced by Chen. 

How do ya all read this? That it's sale or no sale by ER? Or that it could get dragged out further? I'm thinking sale or no sale by er.

[theRussian]

Yasch or anyone, in an exclusive agreement is the buying party required to put some type of money in escrow for halting bb from negotiating with someone else? And if deal falls through is the money in escrow automatically disbursed to bb?  The price is already agreed per Chen. So wtf is there left ? Price is the main thing. The other stuff should be easy if price is agreed to. 

[Yasch22]

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[dwolfenson]

Well said, Yasch. We know what little we've been told and the rest is more or less conjecture. Perhaps we'll be updated in small or large measure later today when Chen sits down for a chat. Last week he made some confident statements that didn't get much play. I'm hoping today's chat will delve deeper and offer more for investors old and new to chew on. - dwolf

[theRussian]

yasch, so if BB draws a line in sand by end of nov and walks away....does this mean BB has to pay the break fee? Seems like BB lawyers didn't put a time-frame in the exclusive agreement or else Chen wouldn't have to put a line in sand by nov end( end of qtr). I'm telling you man, the BB lawyer team is not trustable or is not as competent as american lawyer team(deep pockets buy best

[Chill111111]

don't understand all the anger. Mr Chen's initial statements on announcement of patent sale was deal expected to close by end of BB's 2022 fiscal year which ends in February. So no promises have been broken. Personally i never expected deal before mid December. Also same lawyers who won a settlement against Facebook. Very complex deal with hundreds if not thousands of licencing

[Foxbat143]

Chen said that there is a 80% chance of the deal being completed at the end of THIS QUARTER. Remember that statement?

[Chill111111]

and 80% is just that not 100%

[Joey67]

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[Chill111111]

they never gave up the licencing money it's has been paused until deal is complete. If deal doesn't go thru all licensing gets added back.

[Joey67]

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[Chill111111]

the Facebook win signaled others would have to pay. It's up to the new patent holders to go after them and nothing is lost as you can go back many years on patent infringement. Unless the deal is cancelled which I strongly doubt all is well. Also the best scenario for BB investors long term if for the price to remain or drop a little until deal is signed. Why because at a lower valuation this

[theRussian]

But WE DID stop persuing and monitizing patents while the negotation is ongoing...per chen.  Also, BB will not acquire any shares. Chen made it clear where the money would go. Also, if announcement is material the stock wouldn't stay low.  The problem is here someone in lawyer departmetn (mole) screwed up and screwed BB in terms of monitizing. Turning the monitizing machine back on

[Yasch22]

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[dwolfenson]

Yasch, tour 4th paragraph is brilliant and a theory I'd never as much as considered. It's a conspiracy theory I can readily sink me teeth into. Not that Vlad's inside legal mole theory isn't plausible, but your suspicion relates to something we know has played out more chapters. We could get an announcement tomorrow that would poke serious holes in mole theory, whereas, BB10 is for

[Chill111111]

alot of little technical issues for sure. My theory is that the deal is with a patent company like Marconi they would be the new patent holders but they would need cash. The big Telecom's have swung deals in the past were they share the patents amongst themselves at set fees. Then Marconi or similar has cart blanche to go after any and all other violators of patents. Again just my theory

[dwolfenson]

Russian, I believe you're correct about SP not remaining low after positive patent sale announcement, as well as the unlikelihood of a share buy back. However, after reading your prior disclosure about telling friends to buy BB and your subsequently feeling pressured by that, I now read the conspiracy theory emails, about a legal mole and now concern for investors in their 60's, with a

[theRussian]

After holding for 8+ years i think you'd be frustrated too. I want our mgmt to FIGHT!!! NOT JUST TAKE THE MANIPULATION AND ALLOW SENIORS THAT INVESTED TO GET DESTROYED. SOME of these seniors had BB in retirement(big chunk) and has not been good for them.  You remember Ontario Teachers Fund....they had lost big after investing in BB for 7+ years....they weren't getting any support

[dwolfenson]

Russian, I've been in more or less the same length of time or since 2014 and full well understand the frustration. That said, I believe folks who invest in speculative stocks or any stocks are doing so of sound mind and understand risks of being long and/or short. No one is putting a gun to the head and saying buy BB or else. You can be sure the Ontario Teachers Fund is not a bunch of old

[Hedgetrimmer]

Good job Wolfie. Can't be like the guy in a casino who plays a machine all night with no success  and then demands their(?) money back when someone else gives it a go and hits the jackpot. Saw someone do that in Hull one night. They should have darted the guy.  

[dwolfenson]

Thanks, Hedge. I'm all for taking responsibility, self-deprecation, apologies (when warranted), respectfully voicing opposing views and the rest of what often doesn't come more easily until a little bit later in life. That is unless you're a certain breed of politician. ;) While I may be in the minority, for me there's no one on the planet I'd prefer as cap'n' of the SS

[Chill111111]

everything you say is based on the deal falling thru it won't simple as that so all your statements are irrelevant. Ps I'm 60 and plan on leaving my shares to my kids and really enjoy my retirement. There should be no problem reaching $30 in 2023 and $100 in 2025 so I don't see anyone selling out quickly. Mr Chen will acquire shares I put money on that. Firstly because it's

[Joey67]

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