The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Absolutely. If wrongdoing is PROVEN.
Trust Tariq. Do you trust him?
https://www.youtube.com/watch?v=0eWUhXPhIaE
Sure you did.
Goodness gracious me. This is terrible. Shockingly so. I would have more faith in their proposition if Tariq said his plan for the business was to rub his magic lamp.
Pathetic.
Any way, all the best to you all. Including you Tariq. Going away for a bit.
Agree with you Nanonano. Commercial traction with the organic business by year end. If not then will revise my position regarding the Bosrd.
No chance. Had we lost, we'd be complaining why we hadn't settled when learning offers were made.
Yes it's speculation. Hence the word possible.
As long as the litigation continued it was not comprehensive. Recall that Samsung were appealing the PTAB decision, so the company was going to have to go through the whole PTAB appeal process also.
Like it or not, the low end case was credible. Even if the company won the higher damages award, Samsung would almost certainly have appealed it and stood a realistic chance of the awarded damages being reduced down to the Dow model (+ wilfulness). Years more of litigation distraction.... time, effort (particularly of the CTO) and money, imposing a significant drag on the organic business. All the while, the validity of the technology still not being fully resolved, contiued infringment by Sasmung and others. Indeed, it is quite possible that certain partners relating to the organic business wanted the validity of the technology comprehensively resolved ASAP.
Why weren't they selling, knowing that the likely settlement would be well below market expectations for a damages award?
Jury awarded damages and settlement are not the same thing. The company made no communicatons regarding the value of any settlement. They have clearly explained the rationale for accepting the agreed settlement.
Likewise, SPECULATIVE allegations of wrongdoing by the Board don't get any truer by just repeating them. Nor does a Hail Mary prospective Board and unfinished open-ended business plan become any more appealing.
Again, you may have a case. PROVE IT.
Oooh, Tariq don't like it....
https://www.youtube.com/watch?v=bJ9r8LMU9bQ
Vote away fella, your investment decisons based on my BB posts, brilliant.
Oh, no plan to sell the production facility now, Tariq. How convenient, now you realise how unpopular this is with PIs. Promise.
Any other about-turns to assuage our fears and entice us into supporting your coup, Tariq?
Then initiate legal proceedings, Tariq, and let's test the merits and robustness of your allegations. BBs are not a court of law. But you won't. Instead you bombard BBs with your highly selective and contrived narrative in order to hoodwink PIs into supporting your efforts to takeover the company. You may well be right. Maybe, possibly, perhaps.... Not good enough. PROVE YOUR CASE.
Moreover, your plans for the business, or lack of, upon seizing control of the company will be detrimental to shareholders. Except you and your harem, of course. A appealing alternative it most definitely is not. Sell off the production facility and fulfill near-term orders how exactly? And the wider business plan?.... Wait and see... how long for? Return of capital to shareholders... we'll let you know in due course.
BT, CR: Did you act in the interests of shareholders?
Yes we did, for the reasons we have set out in the RNS and subsequent presentations.
Tariq, do you have evidence, beyond the circumstantial, proving the wrongdoing that you asserting the Board have engaged in?
No, I do not.
A contrived negative narrative formed on the basis of SPECULATIVE ALLEGATIONS.
I will consider removing the Board and changing the entire business plan on the basis of EVIDENCE only.