hope springs eternal, page-2

A meaningful strategic acquisition may be impossible without entering into the debt cycle. The amount of money required to purchase an asset that would make IPR a going concern and return an annual profit, would cost far more than IPR have.

Remember: 30-35 million

Liability estimates:

Less tax possibly $10 million - less if all money is re-invested
Less contingent loss $5 mill plus
Less accrued interest on contingent loss, possibly $1 mil +
Less recent secret capital commitment $ unknown
Less payout for executive contracts in 2009 $unknown
Less loss on double shuffles to Offspring $ unknown
Less the atrocious burn rate approx $4 mil
Less payments to partners $ unknown
Less dilution factor and sentiment dump from the next round of performance bonus options to our magnificent management
Less 50% of the leftovers as a return to shareholders and we have a share price of 4 cents or less, not 70 cents or any other insane prediction.

Initiating a strategic review says there is little or no more money coming? Even if they win a few more cases, there is no profit! IPR is living proof that IP assertion does not pay a commercial return on an investment to its shareholders?

We need an accurate assessment of whatsleft and a list options shareholders can put to the company before they burn the lot? Thats if anyone really gives a hoot anymore?