Local Corp should wait with the announcement of dditional license-fee's, bcause investors should have enough time to buy from naked shortseller,
"Income from settlement and patent licensing
During the third quarter of fiscal 2014, we reached a settlement agreement in the patent infringement action against Fry’s Electronics, Inc. As part of the settlement agreement, we received a one-time patent license fee payment of $700,000 related to prior infringement of our patent."
But this $700,000 will never standing alone – take a look at the speech of the CEO as the settlement was published, some weeks ago.
”We have identified hundreds of websites and applications that we believe infringe upon this patent and believe there are likely thousands more. We have set a clear course to begin the process of licensing this patent and expect to continue to report the results of these monetization efforts with greater frequency. Overall, we currently believe that a conservative estimate of potential future licensing fees that could be generated from this patent is $100 million.”
Quellen: Letztes Q10-Filing von Local Corp an die SEC