as idcc heads back to being a cult stock, one has to wonder why idcc promises anything.
he told them how idcc made mistakes in the past with some of their licensing deals
he also spoke of the patent sales
the last thing we (the public) were told, was that bidding for the non-core patents was going well, and ending for round 1, and would proceed to round 2. No indication was given whether there were any offers made.
So yesterday, bill merritt tells the conference that the company might not sell the non core patents. that they might form a venture. and the venture might try to sign them
he also said they might try to license some of them along with core patents
CLEAR SIGNAL- I BELIEVE HE JUST TOLD US THAT THE BIDDING PROCESS IS NOT GOING WELL.
How long would it take to form a venture ?
Who can stomach working with us ?
How long would it take to find companies that are infringing these non core patents ?
And how much royalties would they be ?
Non -core patents, that IDCC didnt even know had value to the half-baked sale attempt And even if they sold them tommorrow, its a one time sale, and its no recurring royalties, and it wont be that much money anyway, it will just make one quarter report look better.