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I could advise you not to look for excitement in your share investing Nanonano, or to look for it by dabbling with small punts elsewhere. The stage for excitement here is set - a mega pay-out by Oct 0201 (ish) - but it will come whenever it comes - so don't expect a prelude to the main show.

Depends on how much they truly think they can win, and whether the problem can be solved cheaper. On both counts I agree with you 100% - it will settle - or Samsung will buy Nanoco if they feel the IP is so important.

"A trial date has been set for October 2021"

Excellent news, surely people ...!

That's a shocker of an RNS, but not so much of a surprise in truth. Glad I woke up to the nonsense and exited some time ago, but feel sorry for the long suffering shareholders who have been let down, once again. If you want a rocket to restore your faith in AIM investing, then VDTK and TEK have done it for me.

Not plugged in - it's solar powered - just taking a little time to heat up ;-)

Not plugged in - it's solar powered - just taking a little time to heat up ;-)

Purely a tactical move by Samsung IMO - it is clear and obvious that its best chance of driving a better deal is to delay the case (regardless of the existence of TP funders who have to spend their own money). You have to credit the fact that Nanoco's backers who are top of their field in IP infringement cases spent an entire year reviewing the patent position and have backed it heavily. They are also used to beating Samsung too! I firmly believe there will be a deal and it will be for several hundreds of millions $.

Thanks Nanonano
The figure ME gave in the May 2020 interview was 14m, so can you please work out a figure for the combined total since that date..? He also mentions a $100 component , but he surely doesn't mean the usual sales royalty would be $100 on each set?

Well presumably they are taking that as a global figure with pecuniary losses and a punitive award combined. $180m or so to the bottom line after TP fees are deducted, and future royalties (guessing now, but $50m per year @ $10 per tv ) on the IP as saleable product; or a $600m valuation on a PE of 12, plus cash. That puts Nanoco in or around the size of a $1bn dollar company, doesn't it? A 10-20 bagger from here at least if the case is successful with an injunction. I will bet Samsung will be negotiating a WP purchase price for the whole company, or damages + future royalty price, or both.

I didn't say it was in China. That's the cap they use and so I chose to use it for my example. Samsung sold 5m QF tv's in 2019. What do people consider would have been the royalty on each one of those sales? Not sure where the $250m loss comes from which someone has stated. Is there a source for that?

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Results "Comfortably ahead of market expectations"., says James Knight

The court systems in the US, China and EU member states (from 2017) allow claimants to claim punitive damages for IP infringement cases. In China, that loss would be up to 3 times the pecuniary loss, so you need to factor in a multiplier of the ordinary damages in terms of lost royalty. If Nanoco's stated loss is $250m then up to $750m could be added as punitive damages (in China), and an offer of half that $1bn total would make an acceptable offer to settle litigation where the outcome is inherently uncertain for both sides. After deducting 30% (?) TP funder fees, Nanoco should pocket approx. $300m or so right to the bottom line. - paid as a special dividend? There would be ongoing business royalties paid to Nanoco going forward too.

Ps. The very involvement of third party funders also reduces the prospect that any sensible offer would be rejected.

Totally agree Amerloque. Cases like this one tend to settle because of the typically cautious legal advice that tends to be given on both sides which militates towards a mutual deal. There IS no slam dunk defence here for Samsung and its best strategt is to pay out before trial. As the offer of settlement increases Nanoco has to decide if it runs the risk of refusing a company changing offer. It won't do that.

There has not been any decent news for quite some time (since August). Investors must be questioning the company's ability to do any meaningful deals given the size of the market on offer. Question marks over the product, or its selling price? Cash flow positive by Christmas anyone ....?

All good pointd until the next raise, missthepenny!

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Some new faces in here. Welcome ladies. Is it ready to launch again?

Well good luck with all that, I am sure you will do very well. Then again we probably both said similar things about WSG once too!

Sheddie, by now I think you must be holding more than me! What have you got now? GLA

Nealsp - does his nan knit you jumpers too? C'mon Verditek let's be having an early xmas present