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Bullboard - Stock Discussion Forum 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... see more

TSX:BB - Post Discussion

BlackBerry Ltd > Confidential Agreement
View:
Post by Uraniuman308 on Jan 15, 2021 5:56pm

Confidential Agreement

WTF!!  Don't we (shareholders) have the right to know?
Comment by paradini on Jan 15, 2021 7:49pm
we should see some good revenue growth on the next financial report... or maybe it will be paid out slowly like the royalty they deserve... would be good both ways.
Comment by downwithdotcom1 on Jan 15, 2021 8:52pm
given that is a  victory for BB, made sweeter when the underdog beats the establishment you can expect that this was a demand from FACEBOOK's legal team. I suspect (without any inside intel) that has to be material , otherwise SUCKERBERG et all would be singing out loud about how it cost them pocket change and life is good.. Generally speaking, BB patent business plan is not to punish ...more  
Comment by ghostzapper on Jan 15, 2021 9:24pm
And you can never forget - How much did the lawyers rake on the deal?
Comment by snappyday on Jan 16, 2021 12:33am
I too wonder the same. If the "confidential" amount is HUGE how can they hide it?
Comment by mas75 on Jan 16, 2021 8:22am
Hi everybody, My best "accounting" guess on how any settlement would be treated: - under Generally Accepted Accounting Principles (GAAP),  revenues MUST be reported when a settlement is enforced/official, on the corresponding date of settlement (not necessarily the payment date - think accounts receivable). - CONFIDENTIALITY: BB and FB have some flexibility about what ...more  
Comment by blackberry on Jan 16, 2021 10:26am
Thank you for your contribution Mas. Much appreciated!
Comment by Uraniuman308 on Jan 16, 2021 10:51am
In any event, I believe it is fair to assume the benefit to BB is nominal and not the billion(s) we hoped for.  Anything of major significance would need to be disclosed - by both parties.  JMO