Found this on another board.
Quote:
The Frank Russell Company, which produces the Russell 2000 stock listing has removed Acacia from its Russell 2000 Index.
According to the Russell web site, " the Russell 2000 Index is a comprehensive representation of the investible U.S. small-capitalization equity market. Since its inception, the Russell 2000 Index has become the premier measure of small-capitalization stocks and is widely followed by U.S. fund managers."
(Does That Mean Acacia is no longer considered an "investible stock by Russells?)
This move confirms a report on CBS Market Watch, of May 28, 2003, written by Mike Tarsala that the company "burned thru $3-million dollars in the last quarter".
The company, according to the report, posted sales of $220,000 and a loss of $7-million"
The report said "future growth of the company depends on its ability to enforce 13-year old patents" which the company president admitted presents a "risk" to the company if the patents are challenged and invalidated.
You can read more here:
http://chat.ynotmasters.com/public/C...83&Site_ID=yno
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Plus to make it even worse for them I think with my brothers help I may have found the "Prior Art" that will sink their ship.
Alan my youngest brother recently retired from Reuters, where he helped write the original program (his name is on their patent) did a search and found an article listing all the instances of prior art.
It was written by some one who claims he was employed as a principal scientist by one the pioneers of internet content delivery.
Sent it to
www.impai.org for them to consider.
Are your reading this Mr. Ryan?