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Albert I agree absolutely that the way out taken seems sharp practice to say the least and doesn't look morally right . However I understand there are two basic business purchase structures - an asset sale and a stock sale. With the former you don't inherit the debts. The indications are that CPX realise this and have given the impression that any success is unlikely. That's how I see it but who knows

How ca they People XP did not acquire Ioxus's debts?

You question was quite reasonable as were I believe my comments. The position is that CPX are saying that "it is not clear whether we will be successful". IMHO that is a statement which says "no we are in a situation where Ioxus have sold their assets and as such there aint much chance we will get anything". the only hope is that the purchaser continues to produce the same offending articles and is possible we can take action against them

Tell me Kencarv what good is that to us ? It looks like we have lost money on the deal. The fact that Ioxus has ceased to be means diddly squat to the SP

The problem is spoon that for the last god knows how many years CPX have come up with the same old "remain on track", "expects to receive", "has been strong", "expected to result" platitudes which always fail to deliver. By the way I have written to CPX as suggested to see if they have any figures to support Murata customer retention. They have not responded so far. This share is about confidence . Mine is lower than yours simples

We won the case but Ioxus did not get taken to the cleaners. It hasn't cost them one penny so far (apart from their legal costs). We even employed some of the staff. More importantly we have not seen a penny but have had to pay our costs, So so far it has cost us money . All that CPX has said is look we are trying to get blood out of a stone but it looks like we are flogging a dead horse. The bottom line is that it is going to cost us. If they can identify revenue from royalties they should be honest and tell us what this has cost

It also said later "following the previously announced success in the patent infringement case against Ioxus Inc, CAP-XX is now pursuing the recovery of the US$4.9m court award, though it remains unclear whether this will be successful". It would nice to have an informed opinion of the issues and likelihood of success as there must come a time when you are throwing money down the drain.

Well Kenny, he doesn't scare me !! Its your money say what you want

The position as I understand is that when you buy a company you can just buy the assets ie it doesn't have to come with the associated debts. In this case the purchaser continued to produce the same product and presumably we have a claim against them which will have to start from the beginning of the process again. Basically we have been out manoeuvred in this case although I don't know what we could have done to avoid it. Some observers however say the judgement which is essentially the same as the Maxwell case , strengthens the likelihood of a positive outcome to that case. Who knows the company tells us little

Kencarv. The only definitive comment I can find was months ago when it was said Management reports good engagement with Murata customers. Sorry but that tells me not a lot

I guess our eggs are now all in one basket then Kencarv. We must hope that we have retained all of Murata's customers (and some) Any figures on previous turnover and predicted profit ?? Obviously I would suggest this years royalties will be affected by Covid.

Now that battery day has come and gone , its forget about Maxwell then slowly , slowly ..ultra cautious testing... sounds like jam next year to me. As I said there is always some excuse with CPX

Well my AMC shares are doing worse that my CPX ones (average of 31.2p). Lets hope they both rocket

Well said PC01 Que sera sera

Well said Kenny

Now now PC01 sarcasm is the lowest from of wit... but yes a positive RNS... Perhaps a reaction to LSE comments ?

Red 381 . Why do you need to understand why anybody holds any stock? Its their money and nobody's business but theirs. Personally I feel that if you have made a purchase in which the SP is down you are perfectly entitled to speculate as to the reasons. That does not mean you have to sell the stock. Its called having an opinion

Well Kencrav I am glad you at last refer to me in the singular ie no duplicate account. Cornish's account is quite simply spot on but I realise that you don't want to hear that. Great week away by the way

Point take man 381. I guess its all about perception then . My perception is that CPX have shown potential for many years but as yet have not delivered . I still hold in the HOPE they may deliver THIS TIME but my confidence/trust in the BOD is less than it was before. At the end of the day we are pawns in someone else's game

Well if you invest only in potential and not aspire to anything , well we must all be a lot of nutters as most BODs would bleed us dry. While I appreciate Companies must evolve sooner or later they must get down to the basics ie earn more than you spend