we must have been left out of this investor meeting...
i hope they don't consider the recent LTE signings as "major"
WAITING ON PROMISED EXECUTION
- During investor meetings at the beginning of March, Management made a promise to sell up to 2000 patents to interested parties within three to six months. The size of the transaction is expected to be in the "hundreds of millions" of dollars range. Each $100M of cash is worth $2.00/fd share.
- In the same timeframe, the company promised to sign a "major" LTE license. This would form part of our 4G/LTE estimate. Our forecast assumes that current 3G licensees would become 4G licensees.
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