Grae,
I think if IPR had stuck to its original core business we would have been OK.
Each time they have gone off on frolics into new areas they didn't know about they have blown our money. I invested in the IP assertion business. They should have stuck to this and returned profits to shareholders when they had wins. Note IFM is doing well out of the litigation business.
The frolic into 'assertion tecnology' was a loser. No further mention of this. They have gone into Venture Capitalism with no skills or experience in this area. The market puts less than zero value on their skills in this area and the acquisitions they have blown our money on.
I am hoping that the directors are men of honour and will resign in shame at the enormous loss of money that they have presided over.
I wonder if they will realise about Nearmap before we get to zero cash.
Bacci
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