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Posted On: 10/25/2019 4:42:26 PM
Post# of 11802
The good news is that within 3 or 4 months we shall know if the the appeal is successful or not. Of course, this appeal only speaks to the summary judgment against the Company. Assuming a longshot reversal, the case would then begin the discovery phase, a litany of pleadings and answers will be filed and eventually a trial.
The Company is in terrible financial straits and any funding the Company gets will continue to massively dilute shareholders.
A victory in the appeal will certainly not be as earth-shattering as when the previous litigation found the patent of Johnson and Johnson invalid.
It could put the Company in position to get financing or a settlement. This continues to be a very high risk low return play even for investors that have an average cost over .03 pennies.
What ever happened to all the noise Mr. Know It All was touting about a multi million dollar license agreement? The Company has sure been reticent regarding all the Walmart, CVS big box store noise that was being hyped up here a few months ago.
The Company is in terrible financial straits and any funding the Company gets will continue to massively dilute shareholders.
A victory in the appeal will certainly not be as earth-shattering as when the previous litigation found the patent of Johnson and Johnson invalid.
It could put the Company in position to get financing or a settlement. This continues to be a very high risk low return play even for investors that have an average cost over .03 pennies.
What ever happened to all the noise Mr. Know It All was touting about a multi million dollar license agreement? The Company has sure been reticent regarding all the Walmart, CVS big box store noise that was being hyped up here a few months ago.
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