Lawyers take on Sfor lawsuits...it's good HUGE SF
Post# of 82672
HUGE SFOR DD. Now that was some excellent DD by a lawyer TY on the lawsuits and Microsoft settlement. Wow after Microsoft did the exact same thing last Dec. as the company here did today Microsoft settled just weeks later in Jan. Lot's of other catalysts to see a nice SFOR run ahead before we get all those nice settlement 8K's and PRs very soon IMO.
"Time to answer was moved to Dec 16, 2015. On Dec 16, Microsoft answered the complaint asking for a jury trial (This is almost always a standard) (This is also similar to the 2 defendants who answered today). At this point, people would argue including myself that this would take forever to conclude because just like other patent cases (i.e. WDDD), the strategy of the billion dollar company defendant is to prolong the case by continuously asking for extensions and so on until the small plaintiff just folds. Yet, a month later on Jan 19, 2016, one of the biggest if not the biggest company in the entire planet SETTLED with SFOR!!"
Quote:
Let me relax you and others a bit. First, everyone please go back to post # 73040 (please sticky this). As you can see, complaint versus Microsoft was filed on June, 2015. However, SERVICE OF PROCESS was served on the defendant on Oct.2015. This means that Microsoft only found out about the complaint in Oct. As we all know, if there is a complaint, there is an answer within 30 days. A stipulation ( which means it was agreed by both parties) to extend to answer the complaint was extended to Nov 25, 2015. On Nov 19,2015, a stipulation to further extend time for the second time to answer was filed and approved by the court (We are in the exact same situation with one of the defendants at this time). Time to answer was moved to Dec 16, 2015. On Dec 16, Microsoft answered the complaint asking for a jury trial (This is almost always a standard) (This is also similar to the 2 defendants who answered today). At this point, people would argue including myself that this would take forever to conclude because just like other patent cases (i.e. WDDD), the strategy of the billion dollar company defendant is to prolong the case by continuously asking for extensions and so on until the small plaintiff just folds. Yet, a month later on Jan 19, 2016, one of the biggest if not the biggest company in the entire planet SETTLED with SFOR!! So in summary, from Oct 2015 when Microsoft found out about the lawsuit, it only took 3 MONTHS to reach a settlement. From the time Microsoft answered the lawsuit it only took 1 MONTH TO SETTLE THE CASE. NOW, since the 2 defendants have just answered the complaint which is standard legal procedure, and one defendant has extended to answer until Sept 11, 2016, we have now until Sept 11 (1 month) to reach a settlement with any of the 3 defendants. This can happen anytime. Based on this alone (not counting the retail and how good the product really is which is a bonus) and the ridiculous current price per share, i have to say i am ALL IN! By the way, I am an attorney and this is my first post.
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