Member Info for JBongo

Yes, it does seem to need constant shots of news to keep the price up. Not that I'll be complaining if I can buy a few more shares at sub 10p!

The UK government doesn't care about nurturing young tech businesses, hence why our stock exhange is full of dinosaurs. The US do a much better job encouraging tech companies.

Going back to the case caption. According to a quick Google, the case caption includes the names of the plaintiff(s) and the defendant(s), the name of the court, the assigned judge, and the case number.

Why would Samsung want any of that changed? :s unless they tried to change the name of the defendant to "Apple inc" :D

I'm not sure why they released today's RNS to be honest. It doesn't add anything that wasn't in the final results RNS the other day.

If it's the same person making these big buys, they're going to have to show their face soon when they reach 3%

Another big buy of £25k yesterday as well. Someone must know something!

Appears they have dropped the price of the unit plus 20 sticks to £99 on the mylotus website. Down from £149 i think. Much more palatable price for users. Hope they're still profitable at that price.
They need to get the price on Amazon matching as well. Still 149 on there.

Also see there's another positive review on boots.

How do Samdung maintain the innocence of the other 3 divisions, while admitting the Advanced institute and the visual display did nothing wrong? Surely they would claim that all 5 companies did nothing wrong...

Nanoco: "We're suing these 5 samsung companies"
Samsung: "That's not fair, two of those companies didn't have anything to do with stealing your IP"
Nanoco: "So the other three did?! Haha, gotcha!"

Looks like they've dismissed the case against two of the Samsung divisions. I think there were about 6 'different samsungs' on the original paperwork wasn't there. Does seem strange that it came from Nano. Maybe they've just decided it's the other divisions of Samsung that have actual done the wrongdoing.

Not easy to understand legal writing though!

I don't know why we wouldn't oppose the date change either

Great news. The price should shoot up today -it was oversold after the sales process ended imo. I was hoping to top up more after pay day, but hey ho!

A green day, haven't seen one of them in a while!

I've just been having a look through the Federal Rules of Civil Procedure, which govern the process (seen as how I was reprimanded for talking about uk procedures :p ). N.b. I'm not a lawyer, just musing.

Rule 6 governs time. 6(b) states that the court may for good cause extend the time (for Samsung to reply in this case). This can be done with or without notice or motion (even if the 21 days has expired, but only due to "excusable neglect").

Rule 14 states that the defendant can bring in a third party who may be liable for all or part of the claim (could Samsung throw Hansol under the bus? (Unlikely as they're run by family I think) Or Dow chemicals maybe?)

Rule 8(b) states that the defendant has to admit or deny every element of the plaintiffs claim in their answer (the one due in a couple of weeks)

Rule 12(b) describes pretrial motions that could be filed (by Samsung to try and scupper the procedings. They are
Lack of subject matter jurisdiction (is the court allowed to hear patent motions?)
Lack of personal jurisdiction (Can the court rule over the companies in the claim)
Improper venue (should the trial have been held elsewhere?)
Insufficient process (If our court documents are incorrect/don't follow procedure)
Insufficient service of process (If nanoco didn't file our papers correctly)
Failure to state a claim (If we fail to give sufficient facts in our claim)
Failure to join a party (not sure on this one)

I can't see any of them helping Samsung. And any request to delay would be down to the judge - who is patent holder friendly apparently.

As nice as that sounds, i think if Samsung settled, they would make sure it was for all markets and not just the USA. It's then up to our team to make sure they get enough money in the settlement to cover all the world's damages.

I suspect Samsung may see the share price now and offer a lowball 20-30p to see if they can tempt weak hands

The analyst from Deutsche bank was also talking about the Apple business that concluded this year by name as well. Was quite funny him openly calling the company Apple and ME still referring to them as "the American partner".

With regards to the ST micro job. There's only one thing for it, one of us is going to have to apply for it, gather more information and report back.

You can see why he's popular... (nigwit that is).

Just a guess here, but i would think any arguments they don't bring up in this reply wouldn't be allowed to be brought up at a later as stage. As I say, just a guess based on my experience with the civil courts in the UK (different kettle of fish, I know)

Be afraid Samsung. Be very afraid!

Does this mean we can start the 45 day countdown again... or is it 90... or will we get 3 months down the line and find out there's there a super final serving date and the clock doesn't start until then?!

I dont know much about patents, but that seems like it could be quite an important one (assuming it's granted). Does that mean companies like clear blue etc will be hamstrung to just using qualitative tests (unless they fancy sticking a nice 10p a share bid in of course ;) )

I've bought a few more shares (well, put the order in at least). The risk v potential reward makes the current share price very tempting imo.

We've been at around 10-15p since June for the most part. The sales process and suing Samsung took the price up to around 30p. We've only lost one of those drivers, yet have moved to a 7-10p range. Looks oversold to me.

Risks that I can see:
1. Samsung win the court case - Unlikely, but high severity. No big pay day and were left licking our wounds/ scrabbling round for small contracts here and there.
2. We run out of cash - moderate chance (although several options to raise cash), high severity. Would lead to large dilution probably.
3. Technology becomes obsolete - unlikely in short to medium term (as shown by the amount of interest starting to be shown in QDs by some big players), high severity.

Potential rewards:
1. We win court case - large damages (multiple times current market cap). Would open door to further damages in other counties. Medium likelihood.
2. Out of court settlement with Samsung. Large payment for past use and obtain lucrative future use contract. Regular cash flow for the foreseeable future. High likelihood.
3. Obtain other smaller contracts with other companies. Sounds like apple (sorry. "The American partner") dropping out has opened the door to other companies who are interested in the tech. Likely, but probably won't be a big pay day.
4. More stringent rules on cadmium based dots. Medium likelihood. We've been holding our breath on Europe for a while though. Would likely lead to more orders/interest though.

The risks seem relatively unlikely to happen (although most would be severe if they came to fruition), whereas the potential rewards are huge and relatively likely in my opinion.

Concepta might not be involved in any covid activities, but that app sounds like it would be great for it. Everyone in the country gets an antibody test sent out. All test and use the app to scan the results in. PHE/government gets all the results back.

I was a bit surprised by the drop today as well. I guess people had heard an RNS was coming and expected something bigger/better