8th April Palt vs Cisco.
To be crystal clear, we are not saying Paltalk is going to win a billion dollars in this trial. They might not win at all. But the reality is they absolutely could and a billion dollars would still be less than half the amount awarded in patent infringement actions in this courtroom over the last few years. The last company of Paltalk’s size (VLSI) that enforced a patent against a company of Cisco’s size (Intel) in this same courtroom won $2.1 Billion in 2022. And the last Paltalk-sized company that sued Cisco won a judgement of $2.7 Billion. So again, it would not be so extraordinary for a company of Paltalk’s size to win a billion dollar verdict against a company of Cisco’s size. What is extraordinary is that it’s a public company that investors can own a stake in. And a patent royalty recovery of 1/10 those verdicts by Paltalk makes its stock a 10 bagger on the cash alone, before you factor in the precedential value of such a ruling and how it would be used to price settlements from what appears to be other non-paying users of this patent like Zoom (NASDAQ: ZM), Google (NASDAQ: GOOG) and Facebook (NASDAQ: META).
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