Repost from another message board.... I appreciate
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Posted On: 09/17/2022 12:58:03 PM
Repost from another message board.... I appreciate your contributions to this board over the years Loc.
I'm sure you've seen this already, but just in case, here is Bill Q's message sent out to Charles (on Yahoo) earlier today:
I would like to share on this board the latest response from Bill Quirk to HDVY shareholders regarding the PTAB's latest IPR ruling, and how that ruling relates to Health Discovery Corporation going forward:
Dear HDC Shareholders,
Intel is now “mausetot”, which in German means “dead as a doornail”. The PTAB ruled today that the fourth and last HDC patent that Intel, for the second time, asked PTAB to declare “unpatentable” is in fact, patentable. A clean sweep for HDC. Intel immediately asked Judge Albright, the trial court judge, to ignore everything the Patent Office has decided for years, and unilaterally declare HDC's SVM-RFE technology unpatentable. Clearly they prepared this filing well in advance because they knew PTAB’s decision was inevitable.
Intel’s entire legal strategy for the past 10 years has been to drag things out interminably in the hope that HDC would either go bankrupt or settle for a pittance. It didn’t happen. While it’s impossible to say what Intel will do next, I’ll note this: 1) the vast majority of infringement suits that go at least this far are settled before trial, and 2) Intel has lost at every turn during this process. While, of course, anything can happen in our legal system, my firm conviction is that Judge Albright will reject Intel’s cynical but inevitable filing and proceed to jury trial
If Intel dares to go to trial – which I don’t think they will because it is so incredibly dangerous – I assert they will lose big time because the facts and the law are on HDC’s side. Why? A favorable decision for HDC would allow for “exemplary damages”, which means a monetary award up to three times the actual damages awarded by the jury. This, I believe, is up to the judge, who is a former patent trial attorney intimately knowledgeable about these matters.
Bottom line?: this is a fantastic victory for HDC. McGovern will now have few problems raising equity to get the SEC financials done and then restoring the stock to “tradeable" again. If he does, Venning won’t.
My prediction? Intel will offer to settle.
Bill
I'm sure you've seen this already, but just in case, here is Bill Q's message sent out to Charles (on Yahoo) earlier today:
I would like to share on this board the latest response from Bill Quirk to HDVY shareholders regarding the PTAB's latest IPR ruling, and how that ruling relates to Health Discovery Corporation going forward:
Dear HDC Shareholders,
Intel is now “mausetot”, which in German means “dead as a doornail”. The PTAB ruled today that the fourth and last HDC patent that Intel, for the second time, asked PTAB to declare “unpatentable” is in fact, patentable. A clean sweep for HDC. Intel immediately asked Judge Albright, the trial court judge, to ignore everything the Patent Office has decided for years, and unilaterally declare HDC's SVM-RFE technology unpatentable. Clearly they prepared this filing well in advance because they knew PTAB’s decision was inevitable.
Intel’s entire legal strategy for the past 10 years has been to drag things out interminably in the hope that HDC would either go bankrupt or settle for a pittance. It didn’t happen. While it’s impossible to say what Intel will do next, I’ll note this: 1) the vast majority of infringement suits that go at least this far are settled before trial, and 2) Intel has lost at every turn during this process. While, of course, anything can happen in our legal system, my firm conviction is that Judge Albright will reject Intel’s cynical but inevitable filing and proceed to jury trial
If Intel dares to go to trial – which I don’t think they will because it is so incredibly dangerous – I assert they will lose big time because the facts and the law are on HDC’s side. Why? A favorable decision for HDC would allow for “exemplary damages”, which means a monetary award up to three times the actual damages awarded by the jury. This, I believe, is up to the judge, who is a former patent trial attorney intimately knowledgeable about these matters.
Bottom line?: this is a fantastic victory for HDC. McGovern will now have few problems raising equity to get the SEC financials done and then restoring the stock to “tradeable" again. If he does, Venning won’t.
My prediction? Intel will offer to settle.
Bill
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