Mike Ralston, CEO of Blencowe Resources, explains the significance of the MSP for Orom-Cross. Watch the interview here.
@38:17 BT states that they "... are only going to comment on material risks and issues " . And yet didn't make any comment on the legal judgment which supposedly changed the company's whole prospects on the litigation
FY Results October 2022 @24:27
"...... any early settlement.... it is going to be up to Samsung if they are prepared to engage in meaningful discussions about fair value that reflects the global nature of our patents and tbe lifetime of ouelr patents."
You haven't answered the question. You cannot answer the question. It is not research I'm looking to you to provide. I want you to tell me how you interpreted those words to reach such a different interpretation to my own and to a whole mass of retail investors. Your best answer seems to be that BT was not speaking the truth. That's not a stellar defence. You also said that BT was not giving a blow-by-blow account tlof the case. But in fact he was doing just that by telling the world the company's stance on the litigation and what they hoped to achieve from a settlement.
No speculation is required on my part because settlement WAS achieved. What changed is the company's stance on a palatable settlement, and without warning. You seem to fail to grasp this simple point. You were obviously fed an inside line. It would explain quite a lot that you were.
Terror Wit you did not answer my question which must be because you do not have a sensible answer. I repeat. What did you expect when you heard those words? And how does that remain consistent with what happened? Please tell me I am all ears. Let's see if you can answer me without throwing insults..
Https://www.youtube.com/watch?v=BDWwHZFFWFY&t=1061s
@46:14 to 47:06
To the naysayers, listen to BT's words. How does the settlement represent "fair value" according to BT's measure of worldwide infringement past and future. What's your absolute best answer to that question....?
Kooba (Feels! LOL)
I agree with you and your reasoning. I had very similar thoughts to yours. I know only a little about the Hamoodi litigation but that claim is directed at a different target presumably because, for Hamoodi himself, it represents the whole or main loss of value, and possibly a cleaner line of argument too. I agree that any later litigation claim will benefit from that case being heard. For all I know Hamoodi may be thinking of taking on other satellite litigation after this case. I would be very interested to talk with him. Is anyone here in contact?
Anyone who bought shares in reliance upon BT's earlier pronouncements after public release of the first and second settlement RNS can feel jolly aggrieved, and may very well have a good claim against the company. The case may be somewhat wider than that simple issue but IMO that is the crux of it. It seems there may be some appetite for this. I do not think anyone should identify themselves just yet but if it is not too embarrassing can someone please re-post the list of shareholdings as it may be useful to gauging the potential losses.
I wiped out some pretty tremendous gains of my own on the basis of BT's nonsense remarks. I would have taken my profits on settlement had it not been for that one issue. But just like others who carried out their research fully and diligently as I did, my expectation was that a settlement value would be worth a handsome multiple of the share price, and that belief continued even after the obfuscation of the second RNS on the basis of what BT had previously stated. There are very few people who disagree with this opinion. One of the few is an amateurish investor who despite all his other incomprehensible ramblings somehow produced a seemingly relevant legal judgment. I am deeply suspicious of how he managed to do that.
Ps. Why did Nanoco not choose to publish the proposed settlement value itself? Was there a regulatory/litigation or contractual reason for not doing so?
Masterbaker
I popped my head in here after quite a long time away Md was looking perhaps to reinvest, but 2 days later, what do you know , monkey pox has hit the headlines so just for now i'm just going to remain sat on the sidelines
The question is whether there are other people on this board who would actually wish to bring illegal action for their losses. I could potentially co-ordinate a cost effect ive route to handling this matter as I have friend's who specialise in providing such services.
Please vote up this post ONLY if you might potentially wish to become involved.
Terry, the sums are relative. There will be many instances of where a claimant company has settled for less than 10% of the immediate claim value just like Nanoc did. However Nanoco choosing to settle for an undervalue to its own publicly stated investor guidance is without known precedent - unless you can name one. Go on, can you? I'll wait for you to answer.
Does not look good. I'm taking a pause at this stage to see how this develops.
https://www.bbc.co.uk/news/articles/c4gqr5lrpwxo
Interviewer: A quick question for you Brian. Given your recent experience in the US Patent court, what advice would you give to a company litigatiing in the hope of obtaining a $150m damages award?
Brian: Start with a claim worth over $1.5bn.
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