Now Cannaccord is cautioning investors. Re-affirms 2.75.Apple saga ends with terms undisclosed (2.75 12 month target)
This moming, Quarterill announced a patent license agreement with Apple that settles and dismisses an ongoing patent dispute between the two companies in the US, Canada, and Germany. While the conclusion of this agreement had been considered a sionificant potential Catalyst the terms and consideration
payable to OTRH were not disclosed and remain confidential. Pending more detail
on the license agreements terms and conditions, we are not makina changes to our model or valuation at this time...