Questions re process20 May 2021 11:45
Hi all, obviously this is a disappointing outcome but we all knew things were not going to be straightforward.
I don't understand the full legal implications and am thankful for the guidance and thoughts from those more experienced in this field, no names mentioned as I'm sure I'll miss someone!
I have a few questions that I would like to put forward to this group:
1) Which court / process has priority? e.g. if Texas court finds in Nano's favour, will this supersede any subsequent finding from IPR?
2) If IPR decision can be appealed, which court / process deals with this?
3) Obviously if the case is further delayed then funding needs to be addressed. Is there an appetite in this group to form a "funding party" so that we can take part in funding raises so as not to dilute our holdings. I would be happy to participate. I expect the company to go to institutional holders first and give them the opportunity ahead of retail investors especially if they believe retail is not interested.
Thank you