Member Info for ddubya

A good few years ago, I worked with a firm that received investment from a Venture Capital firm with a view to exit via a trade sale.

I had not worked with a VC firm before (or since) but prior to agreement of a trade sale the VC restructured some of it’s shareholding, distributing a portion of them between a number of connected parties, for example the partner dealing with our firm and other VC employees.

My role was not Finance but I gained the impression the purpose was to reward VC staff as tax efficiently as possible by securing the shares at the lowest value possible and not at the post takeover value? I would not be surprised if the LOAM ‘sales’ are related to some sort of tax avoidance scheme but in effect not reflect a ‘sale’ in the ordinary sense. It might also help to explain the earlier mistake of reporting a previous LOAM sale as a ‘purchase’ before retracting in a further RNS.

Thanks for the legal perspective Sammy.

If the outcome of proceedings look more likely to go against Samsung its desire for a settlement will surely grow. The question is surely at what point does Samsung accept that there is more to be gained through agreement than contest.

I have always been in the camp that says Samsung will go to trial and appeal. However, recent PTAB and pre trial decisions must make Samsung feel like it is pushing water uphill and I would not be at all surprised to see a settlement prior to the trial date.

If Samsung’s case is as as weak as many suspect yet they allow the case to go to Court (without compelling evidence), Judge G might be inclined to slap a penalty on any damages awarded as a deterrent to wasting future Court time.

Lots of room for negotiation between say 1.5 and 2.5 times the royalties due?

I can't really see that anything has changed for the worse with today's RNS. It did not signal anything that was likely to move the price forward in a major way, which might have disappointed the market in itself. However, a longer cash runway and confidence in short term value suggests everything is going to plan, so it could just as easily go up tomoz as much as it fell today.

I suspect the best time to have and release news of orders is after the court case, so as to gain maximum juror sympathy for our plight during proceedings. The current share price is around the level it was before ME bailed out (admittedly before dilution), but we are in a far better position now.

I very much doubt that would be so SL, as IT sensor products developed for ST Micro serve a very a different technology to CFQD for display applications. They may share a similar molecular cluster construction but since NANO is the only firm with a patent would it not be academic?

Lol Bot. If it happens, a 20% surplus will feel pretty rewarding having been down over 95% at one point.

In fact I did buy £5K at £1.75 around 12 years ago, and I still have them. Samsung's (alleged) crime is that it robbed me and other investors of a multi bagger then, and many will have cashed out since at a loss. Thankfully, I averaged down and have made a good overall profit. I should probably thank Samsung for creating circumstances that allowed me in at a cheaper average but my feelings towards them are not especially charitable.

Best not to count chickens and who knows where the share price could go, however, £2 does not seem unachievable in time, if a large settlement is secured and new contracts are secured via ST Micro.

The way I see it, in the lead up to the Court Case, NANO is behaving like an AIM oiler as the drill bit closes in on target depth. A decision in our favour would be the equivalent of hitting billions of barrels of light crude reserves.

Investors with a short term outlook are very likely to be interested in chance of a quick profit, assuming of course that they can find any shares to purchase. In my view, this will push prices higher in the short term and probably right up to the commencement of Court proceedings.

There is of course the risk of some tears too but my shares are going nowhere, since I believe there is genuine potential to bring smiles to faces, even those who bought at £1.70 or more and have not averaged down.

If it all comes good I shall retire very comfortably and if not I shall work on for a couple of years, which won’t be a hardship anyway. Good luck to everyone here, especially if the outcome has potential to change your life for the better.

Certainly hope so Gino. 9% up as we speak so looking good again today so far.

It all hinges on the right outcome from the court case, or any settlement if Samsung were so inclined. Like many others here, I am quietly confident of a positive outcome, which would be justice served cold.

OK. Lol and good night and good luck with the murmuration.

Hi T. I could see where you were headed in conversation with Hawi. I was just putting my (warped) sense of humour to play.

Within a Civil context I can only assume you mean not ‘liable’ T (said tongue in cheek).

Great to see progress in the SP today. There is no longer anything to stop anyone placing their bet on NANO. There must be lots that want to and relatively few shares in circulation, so it should get interesting in the lead up to the trial date.

Fingers crossed for everyone, including myself.

Share price back over 40p again which is nice - I will happily accept that for now but would like to see it move much higher again.

Perhaps the market has been waiting for the determination of certain pre trial motions, including Samsung’s question on definition of a cluster?

Looking forward to the next few weeks and months.

Cynical old me suggests that Samsung will not want to appear uncooperative in the eyes of the Court, so mediation was always in plan, even if failure to agree were the intended outcome. Some similarities to the agreement to permit passage of wheat through Odesa and the Black Sea.

My guess is that we shall need to wait for the day of the trial opening to know whether there is genuine willingness to reach agreement, as these things are typically decided at 11.59 or later.

NANO is also propping my portfolio up at the moment Feeks! Up without real news so far, so rather hoping it retains the uplift of recent days (and improves on it) as we move closer to the trial date.

LOAM held the shares sold and Turcan represents their interest on the Board as hellojello says.

It was not a buy as the first RNS stated but it is still possible that LO is selling to a connected party in which it holds an interest?

An unbelievable mistake to make in an RNS and for the shares of a Non Exec Director too.

Time must be running out for Directors (inc NEDs) to deal before we enter a ‘closed’ period for one reason or another.

Smacks of confidence in the Samsung outcome or contract news and possibly both.

BELL is being very forward thinking with its Bluetooth app and imaginative distribution model.

On any ‘normal’ day I suspect we might be up by over twice today’s rise but in this climate but anything in the blue is a real success story.

Samsung staff will have enjoyed a fair number of Chuseok, which were likely fatter than they would have been were Samsung paying royalties to NANO.

Had this case been about infringement of South Korean patents, the case would be heard there and local holidays would be observed. However, it is not. It concerns breaking US patent laws in the USA, and the South Korean social calendar hold no relevance I can think of.

Maybe I am just being harsh but I can’t see why missing just one Chuseok causes too much inconvenience. If you are willing to steal from others (allegedly) it seems only reasonable you should forfeit some free time to demonstrate your innocence.

Lol Ecckescake. Unfortunately not likely but it would be hilarious if there were an unexpected and earlier slot available.

Sweeping up the proceeds from ‘stop losses’ set at 10 and 15% below perhaps?
Who knows but it changes nothing to my mind.