Jetmek_03052
12 hours ago
I'm fairly certain that an injunction will not happen while there is the possibility of an appeal, and the final outcome of the trial is in doubt. Yes, I realize that Samsung has not yet made an appeal (because they have 30 days after the final verdict in which to make one). In this case, I'll bet that Gilstrap waits at least thirty days to rule on the injunction, specifically so that Samsung has the proper time in which to lodge the appeal. Once it is lodged, I do not think an injunction can be made.
100lbStriper
12 hours ago
i feel the same, i just have my inner battle with patience!!!
Stokd
28m
$NLST Part-1
My words of advice and wisdom…LET IT ALL PLAY OUT!
No one knows how things will unfold and ultimately conclude…not us, not the CEO, not the legal team, nor the infringers. That’s the reality, and anyone coming to conclusions on what they think will or will not happen, on any aspect, is playing a foolish and futile game, IMO.
Given what we know with the DD/research done and developments that have occurred, my thesis is intact and I’m a believer in an ultimately bullish outcome to at least a degree enough to make the investment well worthwhile. Choice is a personal one for each to make, after which, LET IT PLAY OUT, without getting emotionally caught up with the nuances and semantics of patent litigation, which has many twists and turns with unexpected events that can make your head spin, as well as developments/changes in law, governance, and procedure…all constantly evolving.
These things take time, being patient and staying confident is not easy, but our time will come!
$NLST Part-2
There are also so many factors and dynamics with all the cases combined, very fluid, but most important is any one trial or patent or aspect of litigation is just one piece of the whole big puzzle/picture that is Netlist’s litigation as a whole, which is greater than the sum of its parts…that's key and what we’re working with. Winning the war is the objective, over any one/few battles.
Hold on for the ride and enjoy the show if you want to see it through. Who knows what the stock does in the meantime, you can accumulate at lows or come back to perhaps buy higher, as any unexpected catalyst can increase the price with sticking power—meaning it would have to be a monetary event that improves Netlist’s fundamentals. Or we may still hover around $1 till then, aside anything unexpected/unpredictable that's favorable.
In 2025 SK Hynix will have to renegotiate their licensing agreement with Netlist, some CAFC appeal decisions will come, and DE Samsung/Google case should resume.
Jetmek_03052
14 hours ago
Not bizarre at all, IMO. They are smart. That's why they're doing it like they are. Using shares costs the company nothing. Loans add to the companies debt and cost more money in interest payments. And now there will be cries that it's unfair to the shareholders to do it that way. I disagree. Yes, it does dilute shareholder value at this time. People don't like it. I get it.
So right now, most of us are under water with our shares anyways. If the CAFC appeals don't go NLST's way? Then the share price will PLUMMET anyways. What difference will a few hundred million more shares make?? WE will all just have larger losses.
However. IF NLST can win the CAFC appeals, everything will change. They will get damage awards, and then royalties paid every year, for every chip out there (having NLST patented technology) that is being used. IF this happens, the outstanding share base (even adding all the warrant shares) will seem small, for the revenue of the company. The share price will do nothing but go up.
We are where we have always been. Gambling that the company wins the infringement battles. If they don't, we all lose. If they do, everyone goes home in a limo.
100lbStriper
16 hours ago
Netlist Secures Final Judgment Against Samsung Confirming Willful Infringement and $118 Million in Damages
https://investors.netlist.com/websites/netlist/English/2120/us-press-release.html?airportNewsID=27a423ac-44f3-480e-bbb2-94165686ab7d
IRVINE, CA / ACCESSWIRE / December 4, 2024 / Netlist, Inc. (OTCQB:NLST) today announced the entry of a Final Judgment in the case of Netlist v. Samsung Electronics Co. LTD., et. al., (EDTX Case 2:22-cv-00293-JRG) in the United States District Court for the Eastern District of Texas.
The Court's Final Judgment upheld the jury's verdict in the November 2024 trial and confirmed that Samsung willfully infringed Netlist's patented technologies. Chief Judge Gilstrap ordered Netlist receive $118 million for Samsung's infringement of Netlist's patents.
C.K. Hong, Netlist's Chief Executive Officer, said, "The Final Judgment by the court validates the jury's verdict, the damages award, and confirms that Samsung willfully infringed Netlist's patented technologies and that none of the asserted claims are invalid. Netlist is committed to securing fair value for the unauthorized use of its patents and remains confident that the Court's ruling in this case will remain intact through any post-judgment motions and appeal."
In April 2023, Netlist received a separate jury award for the willful infringement of its patents against Samsung and was awarded $303 million in damages. This brings total damages awarded to Netlist against Samsung to $421 million.
About Netlist
Netlist is a leading innovator in advanced memory and storage solutions, pushing the boundaries of technology to deliver unparalleled performance and reliability. With a rich portfolio of patented technologies, Netlist inventions are foundational to the advancement of AI which is revolutionizing computing and empowering businesses and industries to thrive in the digital age. To learn more about Netlist, please visit www.netlist.com.
Safe Harbor Statement
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements other than historical facts and often address future events or Netlist's future performance. Forward-looking statements contained in this news release include statements about Netlist's ability to execute on its strategic initiatives. All forward-looking statements reflect management's present expectations regarding future events and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by any forward-looking statements. These risks, uncertainties and other factors include, among others: risks that a counterparty may appeal a jury verdict or judgment which could cause a lengthy delay in Netlist's ability to collect the damage award or overturn the verdict or judgment or reduce the damages award; potential delays in expected litigation and other milestones; risks related to Netlist's plans for its intellectual property, including its strategies for monetizing, licensing, expanding, and defending its patent portfolio; risks associated with patent infringement litigation initiated by Netlist, or by others against Netlist, as well as the costs and unpredictability of any such litigation; risks associated with Netlist's product sales, including the market and demand for products sold by Netlist and its ability to successfully develop and launch new products that are attractive to the market; the success of product, joint development and licensing partnerships; the competitive landscape of Netlist's industry; and general economic, political and market conditions, including quarantines, factory slowdowns and/or shutdowns, acts of terrorism, war and other conflicts. All forward-looking statements reflect management's present assumptions, expectations and beliefs regarding future events and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by any forward-looking statements. These and other risks and uncertainties are described in Netlist's quarterly report on Form 10-Q for its most recently completed quarter ended September 28, 2024, filed on November 7, 2024, and the other filings it makes with the U.S. Securities and Exchange Commission from time to time, including any subsequently filed quarterly and current reports. In light of these risks, uncertainties and other factors, these forward-looking statements should not be relied on as predictions of future events. These forward-looking statements represent Netlist's assumptions, expectations and beliefs only as of the date they are made, and except as required by law, Netlist undertakes no obligation to revise or update any forward-looking statements for any reason.
For more information, please contact:
Investors/Media
The Plunkett Group
Mike Smargiassi
NLST@theplunkettgroup.com
(212) 739-6729
SOURCE: Netlist, Inc.
View the original press release on accesswire.com