Post by
omely on Jan 31, 2022 10:09am
Is it an update from Mr Chen?
Did not collect any license fee for over one year. Sell it 600m not getting full amount. Only 450m now . Set up for default 150m ? Where is FB settlement? He destroyed this Canadian company slowly with high payroll and bonus. Really sad to see it happening but nothing we could do to stop it.
Comment by
Patagonia75 on Jan 31, 2022 10:28am
Looks like I was right again. When this became a meme stock I argued the potential settlement with Facebook would be no where near the 3 billion people were suggesting. Well, if you can buy all of the patents for only 600 million you can expect the settlement to be only a few million dollars.
Comment by
Digby8 on Jan 31, 2022 11:19am
I agree. I'm glad this is finally behind us and we can get rid of the patent chasers. The transformation is now complete. It's time to look ahead.