from annual report: which was filed June 23, 2016 w SEC
partial exerpts...below.
Jt Motion to terminate in Google IPR was filed on June 29th, after conference w the board and approval to file..
While we expect to file future complaints against additional companies and license additional companies, there can be no assurance of the timing or amounts of any related license revenue. We seek to continue to develop new intellectual property for licensing.
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Our current licensing and enforcement activity consists of the following:
Nunchi Technology Enforcement - We commenced legal action with regards to our Nunchi portfolio of patents in July 2014. As of March 31, 2016, we have filed patent infringement litigation and sought licenses from eight companies and related distributors. We have entered into one royalty bearing license agreement and one settlement agreement with one defendant. We currently have six active complaints in the U.S. District Court for the Northern District of California and one active complaint in the U.S. District for the Southern District of California. We expect to file future complaints against additional companies. In December 2015, the United States Patent Trial and Appeal Board (PTAB) granted a defendant’s petition for Inter Partes Review (IPR) of the asserted patents. An IPR is a procedure for challenging the validity of a United States patent before the United States Patent and Trademark Office (USPTO). If the patents are upheld, we believe the patents will be stronger against other future defendants considering IPR challenges. We are in early negotiations with other defendants, and are confident regarding license and settlement prospects for the Nunchi portfolio.
microSignet Technology - We are seeking to license our microSignet technology and to date have not commenced any legal actions but may do so in the future.
Synap Technology - We are seeking to license our Synap technology and to date have not commenced any legal actions, but may do so in the future.
