Quote:
Originally posted by reasonableness
4. ACACIA is supposed to have $50Million dollars in cash. That will pay for a lot of attorneys
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Their financial sheets are all messed up, combining different divisions, etc.
On the 3Q conference call, the CEO or President commented that they have $1M set aside for patent litigation.
They don't have $40M in the bank.. i think the $27M they got from V-Chip licenses got sucked away to other parts of the company.
$1M is not that much for a year's worth of patent ligitigation.. maybe they are hoping everyone just rolls over... oh wait, there are 11 defendants jus waiting for their day in court...
Fight the Patent!