Offer might be as early as tomorrow. Any thoughts, or am I the only one HERE, here here. It's been over 3 hours and no posts. HMMMMM, that's not good for me. I sure would like more, but what you going to do!!!
I have received and completed one of two packages for my accounts. The jury only awarded 12.5 million of which the lawyers get 27.5%. I do not expect much but I'm filing anyway since I don't like to get screeewwed.
You and me both. So glad to see hong and cronies are rewarding themselves with 7 million shares for a job well done shafting stockholders.Have you been notified by your brokerage house yet? seems this notification company is a scam to try and get some of the money as the filing deadline is August.If this sees north of 27 I am so gone. Just flagrant theft and abuse of stockholders.
Proof of claims being received by all who lost money when management mangled the concealment of the loss of Apple business to Sony on the 4S camera in 2011. I may get back a few hundred on my $57k loss in that debacle.
innegan: Ziptronix has lost its 2010 lawsuit against Omnivision and TSMC on infringement on its 9 patents on direct wafer bonding.
"In Ziptronix, Inc. v. OmniVision Technologies, Inc. a Taiwanese contract manufacturer and its U.S. subsidiary moved for summary judgment of no infringement because the allegedly infringing activity occurred only in Taiwan, with the exception of negotiations and contracting in the United States. The district court granted summary judgment, finding that even if negotiation and contracting occurred in the United States, there could be no direct infringement under U.S. patent law because the contracts contemplated delivery and performance to take place solely abroad. Additionally, the patent holder failed to present evidence that the Taiwanese manufacturer's customer, OmniVision, committed an underlying act of direct infringement. Thus, the court concluded, the Taiwanese manufacturer and its U.S. subsidiary did not commit or induce infringing acts "within the United States."
For those who skilled in legal language and logic, the full text of California Court summary judgement from Oct. 21, 2014 can be downloaded here. More discussions on patent law gray areas, apparently involved in this case, can be found in another Finnegan article.
Nearly all of today's volume was via big block trades near the HOD. When a 35,000 block trade passes on this otherwise relatively thinly traded stock with no change in the stock price of $26.60, one has to think someone is assembling a large position in cahoots with one or more market makers. Perhaps an activist? Perhaps the Chinese? Perhaps a U.S. suitor poised to make a takeover bid and alleviate any FOCI concerns associated with the current takeover offer? Just thinking out loud and holding for at least the low 30's.
High growth stock JD ( JD ) April 16,
The Chinese e-commerce market will soon witness the coming together of eBay EBAY and JD on popular demand. This comes close on the heels of the AMZN and Alibaba BABA collaboration in March.
China happens to be a very important market for e-commerce giants all over the world. According to reports by EMarketer Inc., e-commerce in China is predicted to reach $1.01 trillion in 2018, more than doubling from $426.3 billion in 2014.
eBay & JD Worldwide
JD Worldwide, which launched today, is a cross-border e-commerce platform that can help foreign reach Chinese customers. It eliminates problems like international shipping and customs, as well as language barriers. The platform already plays host to about 450 shops, offering more than 150,000 products from over 1,200 brands.
eBay will be among the first to use JD worldwide. In the beginning, eBay will run a pilot program called "Best of eBay Deals." This will offer a wide range of categories and popular brands from eBay sellers in the U.S.
According to eBay spokesperson Johnna Hoff, demand from Chinese consumers to buy from their sellers' selection of global inventory has been on the rise. This partnership will give Chinese shoppers a more direct approach to the popular brands from the U.S. At the same time, it will also increase the global reach of the sellers on eBay.
Sentiment: Strong Buy
The LinX acquisition was valued at around $20 million.
I forget, how much did OVTI pay Kodak for their patent rights? A startup company that claims they can accomplish the same digital feats as Sony and Omnivision is bought for 20 million. No kidding, and they probably have their on CMOS processing plants, all for 20 million.
Apple has acquired LinX, an Israeli camera tech company whose most recent offerings include multi-aperture camera models which can enable effects like background focus blur, parallax images and 3D picture capture. TechCrunch received the following from Apple, which is a statement the company provides in lieu of confirmation when it has, in fact, acquired a smaller company:
Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.
The LinX acquisition was valued at around $20 million according to the Wall Street Journal, according to sources familiar with discussions between the two. The Israeli startup’s hardware was targeted at tablets and smartphones specifically, and could not only offer the kinds of background defocus popular on low aperture lenses paired with DSLRs, but could also help achieve better low-light performance, ideal for taking pictures indoors or at night without using flash.