RE:My Feb 7, 2021 Post. No replies to it. Why not? What you are saying is already priced into the stock.
The market is priced the company at working capital + 5X EBITDA for IRD. At this point of selling or shorting you have to believe that the company is so incompetent that they are going to lose every single patent case, that they are going to waste every dollar they spend, and the future bullish market for infrastructure spending that IRD (which has doubled revenues in last 5 years) will flatline and fade away.
Given the Board and management have loaded their pockets with options, my bet is that it is NOW in their interest to raise the stock.
Keeping it at these levels they run the risk of a takeover problem. RPX Corp could take a run at Quarterhill, offer $3 a share, sell IRD and basically clear the market risk of 5k patents for $50M for their clients. This would also include Apple. A steal to remove the risk of a $250M win for the original case + post iPhone 7 models that weren't included in the $107M judgment. There is a Billion + licensing fee risk here.
The risk reward is skewed to much higher levels.
Not like KNR that dropped another 20% this morning. And if you are still holding that PoS, GTFO now! That is going back to penny stock status.