I'm obviously not posting much anymore (nor following as closely as I once did), but thought I'd chime in after reading your post which confuses me somewhat.

First, I admit that whining does no good whatsoever - and I have not cluttered the board with such sentiments for some time.  Second, I haven't seen much in the way of whining or complaints at least lately.  This board seems pretty darn positive to me - especially compared to years past.

But on this one issue, that of settlements in general, I don't see how it can be argued any other way.  Someone explain to me how any settlement has benefitted any shareholder to date?  And by that I mean financially through share price appreciation - not by the company surviving to sue another day.  Maybe someday lightning will yet strike and everyone can say the many years of low settlements were all part of the plan and ultimately worth it.  But that has not happened yet... and it's been not happening long enough by now that it amazes me that anyone gets excited by ANY settlement anymore.

For the last few years I've been following real court cases of several companies trying to monetize patents against Apple, Google, etc..  They've been getting their collective butts kicked either by the PTAB or by the CAFC effectively throwing out their winning jury verdicts.  Patent monetization is now next to impossible.  The big tech companies are effectively 'reverse patent trolls' stealing IP at will without any repurcussion.

I will say that EDIG's IP is interesting and IMO has value, but I think they're basically giving it away for fractions of pennies on the dollar all at the expense of shareholders.  Whatever they're doing, it must be working for the company and the lawyers... but it's clearly not working out for us shareholders.  Aside from saying: 'but maybe someday it will', I don't see how anyone can think these low-dollar settlements are a positive.

I truly hope that something is somehow brewing with Google or whomever and that the new directors are working toward getting the company sold or making some deal that would afford us all 0.25 cents per share or something significant like that.  But I remember everyone getting all excited about an Apple 'settlement' some years back and of course we know now that it yielded absolutely nothing.  Given our history, it's a safe bet that whatever we speculate could be going on now will most likely turn out to be nothing as well.  Yes, I'm a little ray of sunshine (as my wife calls me).

I remember calls for patience going back many years now. I remember when LL's mid-2005 guess was over two years in the future (as we all whined about it).  I'm out of patience but there's simply no other choice.  I continue to follow EDIG because I still own shares - no point in selling, and because it remains an interesting story.  I do apprecicate those here who continue DD and share it with everyone.  There's still some small chance that things will improve, but I've given up any hope of recovering what I've lost to date. It's certainly been an experience though.

- Sinkman

Sorry to hear about richardo... one of the few remaining on this board that I have met in person. Did not know him well but remember conversations with him in 1999/2000. He seemed like a very upstanding guy and a good logical thinker. A loss to this board and to the world to be sure.

- Sinkman

"IMO, the country is doomed top to bottom....and there's nothing anyone can do about it."

Yep.

- Sinkman

It's been opined in the past that if EDIG were to achieve any kind of significant revenue/licensing... that the revenue amount itself wouldn't be as important as what they did with it.

So I think it is true with claims construction. Achieving favorable rulings from the judge at Markman hearings is not near as important as what Handal actually does with those 'wins'. I am of course referencing how little was gained by getting favorable decisions related to Flash-R.

Of course Nunchi is a different animal for a number of reasons. The question is whether Handal is prepared to fully leverage any advantage that might be gained from the Markman Hearings with Dropcam and Arcsoft. We don't know the answer to that of course but I don't think Dropcam(Google) will be settling with us for millions when they can easily drag it through the courts forever... and all Arcsoft probably has to do is follow Google's lead and wait it out.

Would be nice to see indications that Handal/EDIG was ready to go the distance. Unfortunately for them is the fact that Dropcam/Google/Arcsoft already know that Handal/EDIG has been willing to accept lowball settlements in the past. Is that going to change? If shareholders are ever going to benefit then this must surely change.

- Sinkman

I don't necessarily have a problem with litigating either. It's a long hard road I think but Handal is already engaged.

I just see no reason not to pursue both paths at once. I agree that no one is buying a 'concept'. There are just too many unknowns, people like proof, and most have to see something in action before they would understand it anyway.

Maybe they HAVE shown a demo to many potential partners but they're not telling us that. If they have but still no one was impressed, then it is time to build it themselves. Sure, they may not be able to achieve full functionality or reach the scale that they could with a committed partner but so what?

At this point something is better than nothing. The cost would be relatively little so what have they got to lose?

- Sinkman

...anybody can program...

If that is true, then why has no one programmed and demo'd an app based on the Nunchi platform/patents? Until it's real, it's vaporware.

We will never sue our way to success. We live in an adverse environment where patents and NPEs are concerned. The courts have spoken on numerous recent cases. Many patents are being ruled obvious and are not being protected by the courts. Even if we won, we would ultimately loose on appeal or upon the first, second, or third re-examination (or fourth or fifth and so on).

DM's loss at our first Markman is nothing compared to what is going on now... not just EDIG, but everywhere. Companies don't have to settle so long as the courts favor the infringers.

The only way to succeed is to build something of value, build it first, build it better than anyone else, and build it in such a way that it cannot easily be copied. You can encrypt all communications between the cell phone (app) and the servers (Nunchi platform) where the databases, algorithms, and therefore most of the intelligence would reside.

As you said, this is not that hard to do - and it should be a relatively simple thing to do on a small scale... like a POC (Proof of Concept). They needed to have done this years ago. They still need to do it.

If Nunchi has value, then prove it.

- Sinkman