the fiduciary responsibility of the CEO and BOD to protect shareholders interest. I think this will be a key question for the judge to answer. Just who was protected? Let's see Matt and the BOD keep their jobs, got huge bonuses in January after years off losses and drop of the stock 90% plus dilution and the Hantro write off and get retention bonusess and all the shares they have now plus whatever Google decides to pay them as new employees. Google gets On2 for a song and at least 1/5 of it's value plus all patents, products and client relationships. The shareholders are the only ones taking the hit on this deal it seems judge.
Motorola deal offers Google tax, patent benefits On Wednesday August 31, 2011, 7:15 am By Lynnley Browning and Nanette Byrnes
By agreeing on August 15 to pay $12.5 billion in cash for struggling Motorola Mobility's vast portfolio of 17,000 patents and 7,500 pending patent applications on top of its handset business and television set-top boxes, Google is building a defensive bulwark for its Android phone software, already available on Motorola phones among others.
The acquisition, Google's largest ever, has legal tax and accounting benefits, many associated with the money Motorola Mobility has lost over the years, according to experts who have studied its details.
"The tax benefits of the deal make what was a good deal into a great deal," said Robert Willens, a New York accounting and tax expert. He estimated that through the acquisition, Google can expect to reap $700 million a year in tax deductions from future profits each year through 2019. Google also will be able to immediately reduce its taxes by $1 billion due to Motorola Mobility's U.S. net operating loss, and by a further $700 million due to its foreign operating loss, he said.
Biden Slams S&P for Downgrade that Hurt Economy Friday, 26 Aug 2011 ----“There were probably an awful lot of businesses out there going, ‘what the hell did you guys do?’” Biden said in an interview with reporters on board Air Force Two on the way to his home in Wilmington, Delaware, after a nine-day trip to China, Mongolia and Japan. ----------------------
Re: HOW many, involved in ON2 SCAM, will GO to JAIL before Google PAYING ON2 shareholders?
Would John Fargis be Google's main contacts in China if ON2 shareholders were NOT EXPOSED ON2 and China deals, will be anyone guess at this time until ON2 shareholders take the OPT-OUT to the COURT.
John Fargis worked in Beijing, with Motorola's Network Solutions Sector, whic's bought by Seimens
Biden Slams S&P for Downgrade that Hurt Economy Friday, 26 Aug 2011 ----“There were probably an awful lot of businesses out there going, ‘what the hell did you guys do?’” Biden said in an interview with reporters on board Air Force Two on the way to his home in Wilmington, Delaware, after a nine-day trip to China, Mongolia and Japan.