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Message: Pacer: e.Digital Corporation v. Ivideon LLC et al

Thanks for the info sman

The article is about a year and a half old and cites the company selling $15MIL/year in Russia. I have no idea what the profit margin is. I'm just guessing here....maybe someone has a better handle on it. If it's 20%, that would produce $3MIL bottom line....could be more or less. Who knows what Russian accounting entails? Don't forget, Ivan has to get paid.:>):>)

Realistically, what can we expect from a settlement like this? If we were privy to the details on a couple of the other settlements we might have an idea. I do strongly believe if we don't get recurring revenue from small companies like this, we'll soon run out of companies to sue, and be left with no options......except of course.....Google.:>) Also, who knows how many of these companies will still be in business in a year or two?

Jump in with your thoughts. I'm sure there are interesting and valuable opinions out there.

 

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