RE:RE:RE:RE:RE:RE:RE:RE:RE:Great idea -Merger or buyout by Vernetx Cabbie- As you are one of the most knowledge members of board what do you think of approaching Board re idea of merger or takeover by Virnetx. Virnetx has just won second award from Apple. Virnetx is a troll with no actual product or service revenue but has approx 800 million cash. With Quarterhills cash of 150million plus Virntex 800 million we would have company of 1 billion in cash. With IRD, long term licensing revenue, and our current o/s cases 68 with 2 mega (Google, Microsoft amazon, Micron and of Apple.
We have the same counsel on our Apple case Mckool LLP plus Jeffrey Lampton who were successful against Apple. An Apple win by same legal team would encourage win.
With no product or services Virnetx, a merger would be beneficial to both companies and would guarantee long term to for both companies. IRD could become major player in future. In addition the merged company would beworld class troll Court cases down road would constitute no problem with longebilty and staying power..
With only revenue from Apple approval by shareholders might pose no problem of Virnetx as to use of capital..
This appears perfect fit for both companies. We have assets patents ,licenses court cases and they have cash. Merged company could be almost financed by our Apple win. Currently the market gives us little or no for our court cases but Virnetx knows better.
Takeover by Apple is out of question but not by Virnetx.
What about emails to Dave Mason to pass on to our Board reMerger or takeover.
Thanks for your views.