publicized what fee Apple paid. Testimony indicated the "MMP license to Apple was for "$960,000". This was not disputed, and our side even admitted it; under oath.
In the suit we filed against TPL for Fraud, documents revealed that the comingled licensing deal TPL did with Apple comprised a total of 4 patents; the MMP, and 3 others that are exclusively TPLs.
The total amount of the TPL / Apple License fee for the combined negotiation of the 4 patents, was $26.62 million; meaning the other three Patents owned exclusively by TPL brought in over $25,000,000.
*To be fair, there is room for some minor adjustment in the actual MMP fee amount, because although "$960,000" was used in court as what Apple paid for the MMP license fee, internal PTSC Fraud documents against TPL indicate that the MMP accounted for "less than 20%" of the $26.62 million; or for no more than $5.2 million, AT BEST.
So .... by PTSC's own admission, the MMP fee to Apple could have been anything between $960,000 and $5.5 Million.
However, Apple paid TPL for 3 other patents least 80% of the $26.6 Million; so $21.3 million went exclusively to TPL for their lesser valuable patents.
In our letter to Apple notifying them of infringment, we stated that they had potential exposure of $3.3 billion. Guess not.
Fine bunch of smart and shrewd business executives we've got watching out for our interests. lol
