RE:Apple situation You miss the point on what judge Moore said. It is what the parties were negotiating at the time.
These patents only have value now because the patents have been valid and infringed.
You have to go back in time to when they hypothetically negotiated the license.
Apple argued that no one recognized the value of the patents at the time and they were lumped together as a portfolio license with Unecto and Vertu.
So the point was that these one or two patents were worth only a sliver of the license Unecto and Vertu paid.
Hence they came up with 0.05/unit.
It is WiLan's responsibility to prove a different licensing rate. They've tried twice.
Apple won't settle until they see the new damages theory. Why would they? They think they can pay $20-25M and be done with it.
But now we have McKool Smith that needs to get paid. And they want a big #. We also can't settle because of the Most Favoured Nation clause with Samsung that requires a payment back to Samsung if WiLan agrees to a lower licensing rate.
So this is where things stand.
And now there is a weak licensing pipeline with an all-time low of 10 litigations in the hopper.
And we know that WiLan owes Vizio and Sharp damages and litigation expenses as the cases they brought forward and lost was deemed "exceptional". And WiLan is begging the judge to reconsider his decision (filed today)
So what is WiLan worth? Who the hell knows?
But QTRH has pivoted to be an ITS company just at the time that inflation is taking off, margins are compressing and supply chains are an issue at competitors. Iteris put itself up for sale and didn't find a buyer.
Fired the CEO. Fired the CFO. Issuing options. What the hell is going on at QTRH?
Why buy until the CEO or anyone in management buys shares. Still nothing on SEDI. Just options issued to management.
And has anyone thought that the reason they are getting rid of WiLan is because the pipeline is so weak and they need a distraction from the horrible results. WiLan was dependent on Amazon and Apple this year. And now there is nothing substantial except a micron case later this year.