Quarterhill Inc T.QTRH

Upfront Cash plus Royalty

[nozzpack]

I guess we get the cash and the Royalty will enrich the selling price of Wilan.

Wilan has been a frustrating asset because of the volatility and unpredictability of its revenues.

This necessarily has had negative impact on Analyst targets .

Including the inflow of cash from Apple, we have a solid cash hoard to acquire a robust and predictable business whose stable cash flows will boost the share price and engage a higher dividend.

Onwards and upwards

[nozzpack]

This is new patent licence deal  with Apple Inc. which also " includes the settlement and dismissal of all litigation pending between WiLAN and Polaris and Apple in the United States, Canada and Germany". To me that means cash up front for past violations , and license fees going forward.  

[v_guerriero]

50/50 chance of 110 million in 3 years (after jury trial and another CAFC).  Discounting back at 15% / yr isn't much.  You get $30 million present value. Especially net of McKool smith fees.  They get 30% of the winnings.  The government takes 15% tax.  And remember the Polaris patents are a 40/40/20 model.  So the Polaris patents get revenue, but the lawyers

[nozzpack]

Right and you are the shorter. CIBC just gave QtRH an Outperform rating and a price target of $3.50..

[buckon]

Could be another Moto...could be much bigger.  Q1 results will tell the tale.  Canaccord's assumptions yield ~C$75M to QTRH, per this morning's note.  Importantly, the settlement cleans up a potentialy complicating factor in the Wilan sale.