Card Activation Technologies, Inc. is a Chicago-based company that owns the patent rights to a proprietary payment transaction method used for processing gift cards and other debit purchase transactions. The company is actively seeking to license its patent to the thousands of retailers, gas stations, phone companies and others that utilize the patented payment method.
Mr. Bob Kite, President and CEO of Card Activation Technologies Inc. (Pink Sheets: CDVT), stated today, "I wanted to take a moment to update you as to the status of the lawsuit involving our company and Stored Value Solutions, n/k/a Ceridian Stored Value Solutions, Inc. As most of you will recall, SVS filed an action in the Federal District Court in Delaware claiming that the '859 patent owned by Card Activation Technologies is invalid. Trial was scheduled for April 25, 2011. Unfortunately, right before trial was to commence, the judge in the Delaware Court asked that the attorneys provide additional briefing on issues and subjects raised by the Court. This necessitated a delay in the trial date. The current schedule is for all additional depositions and briefing to be completed by the attorneys on or before June 10, 2011. We expect a hearing to be held with the Court concerning all issues shortly after June 10. We also expect a trial date to be set shortly thereafter. We remain confident in our position that the '859 patent is valid and that we will prevail in this litigation."
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Nach 80% Minus in vier Handelstagen ist denke ich nun die Zeit reif für eine technische Gegenreaktion. Ich werde heute hier mitmischen. Anbei der Chart:
