And it is indeed the appeal to the federal courts. INPHI strategy has not changed. They are trying to bleed Netlist with delays.
And then the trial starts back up. In the meantime though, damages only get worse. So sooner or later, INPHI may realize that the probability of winning is low and to stop the damages from building and settle. Maybe they tried and Hong said "NOT ENOUGH" lol
And they actually have a mediation program in the hopes of reaching a settlement before ruling. A vast majority are terminated/rejected and not even ruled on
well if the appeal to the federal circuit court is accepted, the median time is 10 months. In 2013, 8 percent were reversed.
expected that it would. couldn't see the details though. only a receipt of transmissions that includes a Appeal.pdf that is five pages. looking forward to reading it
So companies can sell and Intel can certify, but it may change again?
--More or less even though I think they have design spec done just cannot get the votes to pass
Seems weird and what if it never becomes final, companies would never have to pay Netlist?
--- JEDEC is not law enforcement. Infringing patents is illegal. JEDEC just sets standards. JEDEC has a pretty broad patent policy. They do not take responsibility for either party just provide guidelines.
Required by whom? It is a free country, you just have to be ready to suffer the consequences for your actions
Good point. That could be a deliberate chess move by hong and fortress. A low ball tender offer just to provoke the sharks. But I admit, that is sort of conspiracy theory minded.
It is like bidding up an auction. Watch storage wars? Bidders will deliberately bid it up or put in the first bid so to get things moving.
I think it makes sense. There is no litigation risk if selling small quantities. Netlist wont sue them over selling a couple hundred. On the other hand, if they are selling millions, then the risk of selling a possible infringing product increases. I think the companies need to probe the demand for the product before they can negotiate. It means everything in terms of the details of license. The company needs to know HOW IMPORTANT the product is to their company. If not important, no need to overpay on a license. If important, better pay up.
Hong has implied this in calls where he more less says that licensing needs to take logical path. To me that logical path is that product needs demand.
I think a lot of these companies were unsure of the demand. Look at HCDIMM. That was a bust. I think due to demand. This market is so fragmented and so many few big players that I think hyperscale drives everything. I think hyperscale may have been waiting for the new intel chips and DDR4. I think now it may take off. You only need 1 hyperscale to sell several millions lrdimms.
viously announced guidance range of $41 million to $45 million. The increased revenue expectations reflect higher sales of its memory interface solutions, which are expected to be approximately $14.0 million or 30 percent of revenue for the third quarter, primarily due to increased demand for its DDR4 RDIMM and LRDIMM solutions.
Good news. Hong said things need to take logical order before licensing occurs. My guess order meant that companies need to see a demand for the product before they consider licensing. Looks like market is growing for LRDIMM
Taking a company private on privy information is illegal. Your the CEO of a 30M company and you find out you have a 100M order coming in, you decide to go private lol. Illegal. Now he might only have to disclose it to the board members but then they would not approve.
Notice how there were no insider buys when we crashed. THERE IS A GREAT DEAL OF PRIVY INFORMATION OUT THERE RIGHT NOW. They cannot buy stock not to mention some are likely in a blackout period.
VP of marketing. It is on glass door. Here is excerpt
"Netlist is looking for a strong leader who will oversee key relationships with customers, suppliers and strategic partners and guide the development of current and next generation products. ThisVice Presidentof Marketing will be a highly visible and critical role, key to important product qualifications with hyperscale customers such as Microsoft, Amazon and Facebook as well as continuing to map and implement the strategy for our hybrid memory storage business."
Switching my hypothesis to a settlement or buyout turned down. Hong would be deep in lawsuits if he tried to take it private. There is too much privy information that he knows. I suppose he could release everything he knows to the board and then have them approve an offer but the lawsuits would still come. He has been down that path before and do not think he would do that.
He probably wants some big figure. Always has.
There are so many irons in the fire right now. It is only a matter of time before things start to swing our way.
What else is interesting is that there has not been any communication since that filing. I was expecting the issue at hand to be disclosed by now. Especially to protect shareholders. Like if the SP kept crashing, I think Hong would have had to come out to protect shareholders and at the very least say "I cannot disclose exactly what the problem is, but we are doing what is best for the company, and you will soon find out".
I think whatever is going on is still going on and he has to be very careful. Maybe he is about to hit a home run by creating a bidding war or a settlement war. This is likely a chess game and some of the board did not like his move but Hong must feel that move will create checkmate in the end. haha getting philosophical now.
at least some big buyer(s) have showed up and are supporting SP.
We got sooooo many irons in fire. One must produce
Bingo. Not one but two directors resigned. So it was something very serious. Their job is to protect shareholders and when they can't do their job they resign. Hong is stealing the company. I think he owns almost half. You see this all the time in the chineese stocks where there is a single huge holder. It seems like whenever you have a company that you think could be worth 10x but the market is not recongnizing it, somebody makes the tender offer. I think on Monday fortress and Hong offer shareholders 2. Too bad. This company could have been a ten bagger. Hopefully it will be 2.50 or 3. One problem with this hypothesis though. I believe that Hong may not be allowed to make offer without disclosing the companies secrets in terms of deals and other privy stuff. But it might suffice to share it with the board members only and have them approve the transaction. Those directors knew that he was trying to ste the company. Hong has lost his respect to the market and shareholders. Shorts and other funds have ruined it. Just like the chineese.companies. No reason to be listed unless the value is recognized. Time for strategic alternatives
1. Only validated ddr4 lrdimm for intel is Samsung, Hynix, Micron with buffer suppliers IDT and Montage.
2. We have a lawsuit against INPHI
3. Why does no one want the buffers from INPHI?
4. Bc they haven't licensed?
Ask INPHI where there DDR4 LRDIMM products are.....
Not just ddr4 LRD. Any independent claim in the patent if found violated works. I am sure some claims extend into other generations
I do believe in the truth here though. The truth, the good guys dont always win though. The truth it that they had the best LRDIMM years before anyone, they had NVDIMM years before anyone. It is tough the gauge the strength of the patents. But they appear to be first.
I mean at least the distributed buffer. INPHI did not even use a distrubted buffer. We have a patent on the distributed buffer. DDR4 literally copied that exact design. How can JEDEC allow it to be stolen. You think there has to be some fairness in business.