PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Device Authority previously known as NetAuthority was a division of Uniloc. The patent inventors work for Uniloc and at Device Authority.
Not a nice bunch.
“A federal judge has ordered that prolific patent troll Uniloc cannot hide its shell games from the public”
“For those unfamiliar with the Uniloc USA, Inc. v. Microsoft Corp. patent lawsuit, it goes like this. A company called Uniloc, a developer of “try and buy” software (essentially bloatware) that is found in magazines and built in to new PCs, presumably found that its business model wasn’t quite as effective as it had hoped.
So the company decided to sue over 75 companies for infringement of a vague patent (the ‘216 patent) that it filed in 1996. The patent consisted of a trial-based software registration system demanding an activation code issued by the company in order for the user to fully access it. As a result, the software user would somehow manage to avoid piracy.
Unfortunately, many companies were using this system at the time. Sure, Uniloc had it patented, but it wasn’t a particularly unique proposition to begin with. Microsoft was one of the multitude of companies Uniloc sued, and Microsoft nearly lost $388 million in 2009 in the action Uniloc brought against it. The verdict, however, was overturned five months later and then revisited in 2010 when both parties decided to settle for an unknown amount.”
ipCapital Group, Inc. ("ipCG"), a premier IP strategy consulting practice, has provided an independent valuation of six of Device Authority's nine US patents as part of the process of finalising the accounts consolidating Device Authority's financial statements. ipCG worked with Device Authority to perform an update to the 2013 Uniloc ipValue ModelSM which had considered approximately 260 global active issued patents and pending applications that addressed five primary markets. This update considered the Device Authority subset of this portfolio which substantially focuses on six granted patents, two of which were applications at the time the original model was completed. Today, Device Authority maintains a portfolio of nine US patents, out of a total of fifteen patents.
IpCG estimates the risk-adjusted Net Present Value of the subset portfolio to be approximately $9 million over a five-year period beginning in 2018, and $18 million over the life of the portfolio (with an average expiration year of 2030).
IpCG found the subset portfolio to be highly relevant to applications in the Transaction & Communication Security market. For example, this patent portfolio details technology capable of identifying all physical routing devices through which a packet has travelled, authentication of computing and communications hardware, detection of tampering attacks, and other actions critical for IoT security.”
On the Hovis website there is a recipe for a Sausage Sandwich.
Look at all the Sausages Hovis now have to buy.
Bread doesn’t work without Sausages.
Sausages are now an integral ingredient to Bread
Darron said we have the best pigs in the world. Use us or die of food poisoning.
A simplified version of ADFVN’s nonsense.
Bruce Leith was the only Tern Executive Director(earning £130k) that wasn’t representing Tern on any Investee’s BOD.
What did he do all year other than attend 2 board meetings at Tern??
Sisto was saving his job from the ADFVN mob…
Dropping the SP EOD.
My average is way above NAV and it’s your fault.
Why do your Factual RNS’s keep dropping the Fantasy SP? If my trader mates sell on news you’re also to blame.
Tern investor’s stopped the Pires deal which proves we can call an EGM and get you removed. If you can sell DA for over £1bn next week you can keep your position…
Shhh, Piri investors wanted the deal.. Honest guv! It wasn’t them…schhhhhhhh
A rope around Sarah Payne’s neck.
Did she go out and spend FVR’s cash reserves??
You know she didn’t..
Why didn’t Tern invest more cash in FVR at the latest fundraise..
You guessed it.. Tern investors know best..
Selling INVMA or Talking medicine’s is again Tern Investors talking nonsense..
But Rodder’s is being absurd..
Rodney quoted
“I would like to think it was for 5% or less of the company as that would only give FVR a $400 million valuation and it must be worth significantly more imo”
$400m minimum.
Reality check : FVR was given a pre-cash valuation of £23m
When Sisto is trying to attract funding what numbers can he pull out of his hat?
A) Rodder’s $400m minimum
Or
B) The price at the latest fundraise(yesterday). The 1st tranche was only a couple of months back mind you.
You shouldn’t be disappointed, you should be ashamed..
I will quote Sisto
‘PI’s need to understand that investment companies are valued on Nav or Nav/share.
Tern is currently trading at a premium.
Stop reading ADVFN is the best advice anyone can give Tern investors.
BURDON, Drew
Correspondence address
Lsp Hef 2 Holding Cv, Johannes, Vermeerplein 9, 1071 Dv, Amsterdam, Netherlands
Role ACTIVE
Director
Date of birth
December 1977
Appointed on
30 May 2022
Nationality
British
Country of residence
England
Occupation
Venture Capital