RE:RE:RE:RE:RE:RE:RE:This is interesting… Cabbie might be right V-g I respectfully disagree . It would take far more than 250 million to buy Wilan and its patents.(IMO) .
You are looking at today's negative reaction by investors who have little regard for Wilan.
A successful win by Apple in US could bring us 200million cash in next 4 months assuming we only get original jury verdict. 109 million plus up dates for post iphone 7. or a possible settlement which I doubt. Tthis will only equal the $2.50 you say we sell Wilan for.
Now we move to the second Apple case in Germany which we shall get decision within next six months. This Apple case is for semiconductors for memory inter face. I have now idea of the amount that we are going for but I hope it is substantial and Apple proven infringer..
Neither you or I know the amount and number of licensing deals are in process so, to judge Wilan solely on its cases in the courts and outcome I AGREE IS frustrating and agree investors give us value only when amounts received.
Before any court action is taken ,this is the last resort after trying to negotiate a reasonable license.
We did not have to go to court action to get INTEL license. Wilan accumulated its cash on large licensing agreements. Samsung and INTEL.
Wilan had 53 approx cash exluding convertible bond and Q3 should show Motorola settlement.
There may be 80 in cash which I agree is given no value to Wilan but sooner on later investment community will attach a value to Wilan.
Wilan has developed a huge portfolio in semiconductors in past five years and time will tell the amount of reveue from licensing. and litigation if necessary.
My view is to just set tight and let situation unfold in next six months to year..
Quarterhill has incorporated a separate company QTRH ITS INC WITH etc ,IRD AND TUCK INS
so investment community can value QTRH ITS INC with appropriate multiple times EPIDA.
One thing we both agree upon is fact that no value to Wilan but things and views could change.and Quarterhilll stock is greatly undervalued. Once we go above $ 3.00 ,investors will take note of valuation, potential and fact we still pay dividend.
Without Wilan there would be no ITS. Paul has stated originally he had 5 year plan to spend 400 million and has moved it up to possibly one year. I believe Paul does value of Wilan before spending most of our cash. I stated previousl Wilan hired Paul and created Quarterhill ITS INC IRD, ETC and now possible acquisition and we want to dispose of our creator.
As a shareholder of QTRH I believe we are firing on all cylinders Wilan (Apple cases). IRD at record profits, ETC? and are a major player in world re semiconductors and licensing. Just recently Wilan stated it signed license in automobile industry,
Just imagine if we get semiconductor license with any of majors/ Everything Electronic depends on SEMICONDUCTORS AND we have the world's largest licensees. What better position would you want for future and you want to dispose of for $2.50.?
Our ITS I hope with upcoming acquisition could take us to 40 million EPIDA and value for our ITS
will alone exceed in separate ITS INC>
GO Go QTRH. With acquisition upcoming in ITS hopefully and good Q3 , shorts will be heading for hills and our stock will be above $ 3.00 by Nov 10.and on move upward.