Hmmm...Just reading over Global MaxFine's report once again and found some points that are worth repeating. Some running royalty reports had not been submitted early enough to be included in Q114 revenue estimate and Toshiba & Hon Hai signed on in Q1 too and also are not included. WiLAN said that Q1 could be as much as $2 million higher than their $22.6 mil forecast. GMCI estimated $23.4 million for Q1 but I think that WiLAN will surprise even higher and be closer to the $25 million mark especially when you consider the up-front lump-sum payments that WiLAN should be receiving from Toshiba & Hon Hai for past infringement. A Surprise of ~10% to the upside in revenue combined with cost reductions cannot be ignored and would get the stock out of the funk it's in IMO.
GMCI's revenue projections for the year comes in at $98 million. I believe that too will prove to be conservative given the number of upcoming catalysts of which any number will just add to the bottom line if successful. The potential upside in EPS of .43 is substantial and will be closer to .50 after all is said and done IMO.
Of course all of these estimates will be blown out of the water should WiLAN land Apple this year..and I think their chances are good..(recall the California Public Employee Pension Fund recently took a respectable position in WiLAN - they obviously know something we don't)
WiLAN will be reporting Q1 financials on April 30 this year - 1 week sooner than last year. WiLAN stock is wound up tight like a spring and I doubt it can be held back much longer. Looking forward to the next 2 months..