Re: Facebook settlement.....Since the terms of the Facebook settlement is under wraps.....its hard to follow the money
trail because of the patent sale. During the past six months, we have already seen Facebook
re-jig some of their platforms based on Blackberry patents. Nobody has even made a valid
case why BB has been allowing royality payments to be parked into someone elses bank
account this year ??
If Blackberry did forge some sort of business arrangement with Facebook, that could explain
the absence of cash in the financials today. The IAM story needs to be taken with a grain of
salt, but with BB off loading some 15 to 20 thousand patents, we should expect several players
wanting a piece of the action. Lets hope shareholders see a farourable result before the
return of Santa. As for Chen stating a settlement with Facebook has been reached earlier this
year....the final terms were yet to be hammered out.
Chen's frustration isn't based on a few months of patent wrangling, the picture is much bigger
and totally believe that Facebook has their foot print among the mix.....
Rug 2000