Well we're down 3 cents so it could be a few sellers that that don't want to wait for the 10-K, then we have the NASDAQ delisting notice breathing down our neck.. Settlement "negotiations" status by April 2? well that's another long shot..
With a 4.9% drop now, the day before the 10-K, insiders seem to be hitting the exit doors. I am going to wait to see what happens tomorrow. Will the 10-K be out at beginning or close of market?
I hope some poster will summarize the order re/ whether the terms will be construed broadly or narrowly. I suppose, though, in 106 pages there is some of each.
Has A. Hayes been reading the yahoo MB?.. Interesting that he wanted to repeat this update today.. committed to updating shareholders on our monetization efforts.. well we'll know soon enough..
Hopefully this will negate the delisting news and keep the stock level. Manipulator a are always looking to push it one direction or the other.
Concerning the company's cases against VTech and Uniden, on March 19, 2015, the honorable Barbara M. G. Lynn issued a 106-page claim construction order, following the Markman Hearing which had been held on November 21, 2014. The court's order creates various discovery deadlines under the scheduling order. Most notably, the order set deadlines for the close of both fact and expert discovery.
Concerning the company's case against Verizon, the trial date has been rescheduled from May 18, 2015 to August 10, 2015 at the request of the Judge, who has rescheduled all trials for the month of May.
Anthony Hayes, Chief Executive Officer of Spherix, stated, "The detailed schedules for our cases against VTech and Uniden have come into focus with the judge's order. Our litigation against Verizon also continues to progress. As with any litigation, dates are subject to change, but we remain committed to updating shareholders on our monetization efforts. Step by step, these cases are progressing forward and we continue to pursue enforcement of our intellectual property rights associated with our patent portfolio."
Sentiment: Strong Buy
Either there is a settlement or there isn't. I suppose if there is nothing in the 10q it doesn't have to mean there isn't a settlement. It could mean that no money has changed hands yet. That's the gamble.
Unfortunately this has become a gamble, not even an investment.. Probably smart to lighten up.. I'm sitting on $8k shares only.. AH seems pretty damn confident that monetization will or has happened.. ATT&T settlement has to show it's face at some point unless it was insignificant or possibly non-existing?.. Is it even possible that we're interpreting the AT&T case wrong?
I have a little less sharers then you. If no good news on the 10Q then I'm out! Then I may wait 31 days plus a major dip, or if Anthony resigns before I consider getting back in.
What I really want is for good news from the 10Q, a pop in the pps and MARA to once again make a offer. If this scenario were to take place then I would call Anthony a great CEO who did the right thing refusing the first offer. 🌚
180 days to get compliant. This means 10 consecutive trading days over a buck for compliance. The 10q will tell the tale. I lightened up down to 12k shares. It will either rocket up or rocket down based on the 10q. Be prepared.
Your trading account won’t be the same now that you’ve found Ultimate Stock Alerts (find them in Google)
I too hope for the 10K to show something. Whatever happened to that AT&T settlement everyone was posting about. 4 or 5 months ago. In the 10K if nothing shows about a settlement with the giant telecom company -- I hope people will admit the case was lost.
I think non-disclosure agreements can work both ways. If Spex lost, the agreement might not allow AT&T to announce this so that future cases SPHERIX has, the defendants will not know that they will be victorious. Just thinking. Both sides can get any info,they want.
180 day warning is just procedural.. We need a catalyst whether it's in the 10K or the negotiation status by the 2nd.. At this point we need a break whether we get one is anyone's guess..