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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Comment by Hedgetrimmeron Nov 22, 2021 12:17pm
306 Views
Post# 34153329

RE:RE:RE:Fireside chat November 22

RE:RE:RE:Fireside chat November 22
shareholders1 wrote: You seem to be confusing settlement of trades on the stock market with other contractual agreements.

If a patent sale agreement is signed on Nov 30, with the same effective date, it will "settle" right then and there, and it will impact Q3. The cash may still take a few days to change hands, but it is a done deal on signing. It will show as a "receiveable" on the balance sheet until the cash is collected.

There is no general T+ rule for legal/ contractual agreements. 

Thanks for the correction. Don't know what I was thinking there.
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