RE: GREATER CLARITY RE: LAWSUIT Patent infringement is a serious matter in these sectors where the industry leaders have and continue to vigorously defend their investments in the development of new technologies. When dealing in multi-million industries, the damages can be significant when infringement is found to have occurred by the proper legal authorities.
In an industry that accounts for between $600 and $800 million dollars, the potential for damage awards to Zecotek and its shareholders may be a material amount.
Zecotek last traded at 63 cents per share before the announcement of the lawsuit. The current share price gave the Zecotek a total market value of just over $43 million.
Learn more about the entire lawsuit in Zecotek’s official announcement of the lawsuit and its potential impact on the future valuation of the company by viewing the full announcement here.
Wow $600 to $800 Million even a fast settlement could be upward to $200 million, could that more than triple the current share price ?
The above is just my opinion, govern yourself accordingly.
Always get the:
Point
Educational Purposes Only