Blackberry - new 20 year low today They have one year of cash left at this burn rate and have a debenture balloon payment due next year. Whatever happened to that guy that was a blackberry bull that also got smoked on QTRH.
And where is that "homework" person that kept saying that TSLA and QTRH were great buys. And to just "do your homework". He is also gone.
Blackberry has no option other than to close the patent sale. I wonder how big of a haircut to the $600 million or 13k/ patent they will take. As a reminder that would value the Quarterhill patents at $50 million, far below what any analyst believes it is worth. And this has been a 3+ year process and it still hasn't finished.