...........By partnering with Munich Innovation, a leading service provider for intellectual property monetization, we can better focus on the gaming patent infringement suit we filed in November 2012, as well as continuing to explore avenues to create and enhance shareholder value.”
You already lost one time, you might consider leaving it up to the lawyers....that's what they are for. They don't need MGT to focus on the lawsuit.
I feel so sorry for you. You really need to get out of the house and stop posting on message boards. The partnership with Munich Innovation is for the medical imaging patents. It has nothing to do with the gaming (J&S Gaming, Steve Brandstetter) patents or the associated lawsuit against WMS, PENN, CZR and Aruze. The lawyers are Nixon & Vanderhye, and they are operating on contingency (do you know what that means?) with the J&S Gaming patent portfolio.
MGT has not lost any lawsuit. Also, today's announcement has nothing to do with the lawyers. At all. Do you understand? The ignorance on this board is so sad...
You have made a strong case for this company.I know what contingency means. So on revenues of $20 a month the CEO & CFO drawing a total of $600,000 a year out if the companys cash,because they have an income of $9. This is based on the contingency of invester's pouring $9,000,000 into this company to pay the CEO and CFO.What the invester's get in return is a huge tax lose.