a little surprising but it doesn't make much difference to oled-the-stock I suppose
from Dr F's new SA article...
While Jeff Parker has announced (and filed) a second lawsuit against Qualcomm (and HTC) on May 1, ParkerVision has not yet served the complaint. This is very unusual, and means that as yet, there is no clock ticking on the second lawsuit. Qualcomm has no need to respond (and has not responded), since until there is service, there is no formal lawsuit and nothing to respond to. At the very least, it has given Qualcomm at least two extra months to prepare IPRs against the ParkerVision patents listed in the May 1 filing.
In early May, ParkerVision asked for the case to be transferred to Judge Dalton; however, since then, things have gone very badly for ParkerVision, and the judge is clearly not happy with ParkerVision.
My personal guess is that the case in Florida will be quietly dropped, and a new lawsuit will be filed elsewhere (possibly the Eastern District of Texas). This would be called forum shopping, and would be frowned upon by the courts. We will see over the next months how and where ParkerVision intends to pursue the second lawsuit.
last serious offer was $6/share from mchp a few years ago - which was probably appropriate for the time.
Zenn and prkr were excellent shorts and long running scam-type companies. Oled is the real-deal as far as I can tell but M Asensio is short and he is a person to be reckoned with. I've probably been long oled longer than you have been weaned and probably have more invested in it than you will earn in a lifetime sonny.
Even faster than it took the crt to replace the previous tech eh?
If prkr can't get any traction with the patents I think it's worth zero. They don't produce or sell anything so that means no revenue which is a massive problem. JP is pretty good though so can probably come up with a likely story to stave things off and get a few more pipes done.
... but JP is getting to the age where he might be getting tired of the hustle and thinking of retiring, in which case the company will quickly crumble with of course no products/revenue or fund raising ability.
2 years or perhaps a few more? These scam companies can be kept going for surprisingly a long time - JP is as good at hustling as they come, and from reading the comments there is no absence of marks to fund a few new pipes.
If he found out before the news was released that's insider trading and should be prosecuted fully.
I bet prkr's attorney will not do another case on partial contigency.