Quarterhill Inc T.QTRH

“Specific Consideration Payable”

[v_guerriero]

Means we have agreed to terms and want to see WiLan destroyed.  

You can upload that agreement into the data room for any buyers to look at and incorporate into a purchase price calculation.  

And we will facilitate the sale by stopping the cash burn in the process.  

But we won't go out of our way to thwart the sale process.  

But any of our competitors... don't look expect to buy these patents and take a bite out of big old Apple.  You can't now.  You can see the agreement in the data room.

[Joske]

The strategic review of WILAN patents might indeed accelerated the settlement as this increased the bargaining power of QTRH: what if the WILAN portfolio was sold to Samsung and tSamsung could receive a verdict which would  block the sale of iPhones in Germany ( >80 mio potential consumers..). Samsung would in this case have a negative incentive to settle... So we can speculate how

[whaler83]

strange chain of events to say the least. Hopefully there is more news comming to shed some light on what transpired.

[Tcad123]

I think this is huge. I bet the stock is up 50% or more today. A court ruled that Apple owed them $120 M US I believe and that was just for one patent in one country. Another factor is that WiLan is being sold and theyll want to get this money from Apple before selling, so there may have been a steep discount to get it done. Has to be at least $50 M US and could be way more than that. Quarterhill

[whaler83]

i like your thining tcad123. add the shorts that vg has to cover and we may be up even more than that.

[100mill]

The inclusion of the Polaris patents being included makes the settlement being in the $100 million + USD range much more likely. As for not anouncing the amount, when Wilan signed with Samsung, the amount was not announced until a day or two later. Since Wilan signed Apple to the entire portfolio, announcement of a single amount would not reveal the license amount for each patent.

[Joey67]

This post has been removed in accordance with Community Policy