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Monday, December 5, 2022

(‘912) Patent: Netlist, Inc. (OTCMKTS: NLST) A Rising Bull

Netlist, Inc. (OTCMKTS: NLST) is heating up and racing up the charts again since a brief dip to mid $0.50s range on Tuesday. The stock is quickly emerging as the darling of small caps, attracting legions of shareholders ever since the U.S. Court of Appeals for the Federal Circuit affirmed the U.S. Patent Trial and Appeal Board’s decision upholding the validity of Netlist’s U.S. 7,619,912 (‘912) patent that applies to DDR server memory modules.

The decision is final and binding on future cases and represents a resounding win for Netlist. The (‘912) patent is a seminal patent; an invention so impactful that it creates or shifts the technology space. This ruling has much larger implications than just GOOG which will more than likely set the tone for other settlements long overdue here.

Netlist, Inc. (OTCMKTS: NLST) is fully reporting OTCQB operating out of Irvine, California. The Company provides high-performance SSDs and modular memory subsystems to enterprise customers in diverse industries. The Company has manufacturing facilities in Suzhou, People’s Republic of China as well as an engineering design center in Silicon Valley, CA. Through its targeted patenting activities, Netlist has invested and grown its Intellectual Property, which now includes multiple patent portfolios.

NLST CEO C.K. Hong who recently fired his BOD giving him full control of the Company and the ability to make big decisions quickly stated at the time of the U.S. Court of Appeals decision: “For ten years Netlist has steadfastly opposed Google’s misguided campaign to invalidate the ‘912 patent,” said Netlist’s CEO, C.K. Hong. “We are very pleased that in the end the appellate court made it clear that the claims of this seminal patent are indeed valid and in so doing, further vindicate our decade-long defense of the company’s strategic intellectual property. We will now move to lift the stay in the patent infringement lawsuit against Google in the U.S. District Court for the Northern District of CA., in order to recover current and past damages related to the ‘912 patent.”

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NLSTAccording to a summery of the court dates from goodforthebet: The case will be mandated on July 22nd. Nothing will happen on the 15th, as Google is unable to appeal to the Federal Circuit. However, Google can try and approach SCOTUS with a petition for writ of certiorari, by September 14th. Of which, only 1% of cases get approved by the Supreme Court to advance. We’ll most likely receive news of the stay being lifted in the Northern District Court of California during or before the Annual Meeting. A petition for writ of certiorari can be filed, by October 13th. The case is mandated 37 days after the decision has been issued, if no rehearing has been filed. Also, I said we’ll most likely receive news on Netlist trying to lift the stay during or before the Annual Meeting. thanks to Redeemer

Microcapdaily has been reporting on NLST since the stok was $0.25 reporting on June 15: Netlist, Inc. (OTCMKTS: NLST) is making a fast move up the charts running of its $0.20 base and emerging as one of the top most traded stocks in small caps. NLST does have a history of volatility running to $1.10 in September of last year after the Company announced a favorable claim construction order in ITC Investigation of SK hynix. The current move is being spurned by word that the Companies long standing IP patent infringement case against google filed back in 2009 may soon bear fruit.

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Currently trading at a $156 million makret valuation NLST is racing up the charts again since a brief dip to mid $0.50s range on Tuesday. As of last filing Netlist had $6 million in the treasury and significant sales reporting revenues of $14.6 million for the latest quarter up from $5 million for the same period last year.  NLST is emerging as the darling of small caps as most investors agree GOOG and many other tech giants liability on the (912) patent could be in the billions. The stock has been climbing quickly ever since the U.S. Court of Appeals for the Federal Circuit affirmed the U.S. Patent Trial and Appeal Board’s decision upholding the validity of Netlist’s U.S. 7,619,912 (‘912) patent that applies to DDR server memory modules. The decision is final and binding on future cases and represents a resounding win for Netlist. The (‘912) patent is a seminal patent; an invention so impactful that it creates or shifts the technology space. This ruling has much larger implications than just GOOG which will more than likely set the tone for other settlements long overdue here. We will be updating on Netlist when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with Netlist.

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Disclosure: we hold no position in NLST either long or short and we have not been compensated for this article.

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