Posted On: 07/04/2013 8:14:03 PM
Post# of 17650
TORQ did not step on any Patents and no Judgements against them. An agreement between VONAGE and DUTV/TORQ will enable them to seek immediate relief of Judgement in the Federal Appeals Court.
So if you go back to 2008 when the Judgement was awarded It was for a record and 5.5% of all "FUTURE REVENUE" going forward.
The FUZZY MATH is almost 500 Million to Verizon and Sprint/Nextel for the VOIP Patent Infringements. Vonage is posting 1 Billion/yr in Revs....Immediate Relief equates to no longer an expense and goes straight to the "Bottom Line"
THAT IS "NET GAIN PRODUCTIVITY' AT IT'S BEST
REGARDS
SUNNY:>
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