Edgewater Wireless Systems Inc V.YFI

Strange

[Liked2Think]

how does this pile of dog poo even stay at 5 cents a share?

Like really how is this not at least 1 cent a share at least.

They have zero revenue. Zero business, 1-2 employees, old patents portfolio that hasnt done anything for a decade.

[Pandora]

Re the patent portfolio maybe they are following big footsteps: BlackBerry ‘Frustrated’ With Stalled Sale of its Legacy Patents: CEO Intellectual Property|29 Sep 2022|Ref: 2209280002|by Paul Gluckman   The “sales process” continues as BlackBerry divests its legacy patent portfolio to Catapult IP Innovations for $600 million (see 2201310001), said CEO John Chen on an earnings call

[Liked2Think]

i guess every company will try to sell their old patents that no one wants anymore.

[Pandora]

Another example of the value of certain patents. Seems Interdigital did a little better than Edgewater in negotiating a deal with Apple. Back in 2014 - 2015 Edgewater got a $250K deal from Apple. Interdigital is getting $938M -- about $937,750,000 better. But then with this intellectual properties stuff you can't compare apples(no pun intended) to oranges. InterDigital inks 7-year, $938M