So many bloggers, forum posters have been puzzling over the court case and why is the court still in session.
So much futile wasted time really.
All anyone had to do was call the court reporter on Dec 13th and ask, is the court in session today?
The court reporter's reply is no. The case is no longer being adjudicated.
#1 confirmed there are no more court dates. #2 The Judge did not rule on a verdict.
So that leaves #3 for those who have even a little shred of deductive reasoning plus some reporter like fact checking to back it up.
It's a settlement. what type of settlement is it?
Well, the franchise is now worth over $800 million and will go over a Billion quickly in the future.
Bethesda does not want to lose their cash cow. So what's a company flush with cash to do other than wave around multiples time more cash than current valuation of the other little company that has fought through two injunctions and was offered a settlement?
BTW, Blue's news just got quoted in the Wall Street Journal.
A small company worth only 7 million is getting a settlement over an $ 800 million and counting Intellectual property.
There's money to be made for sure for those that are savvy enough to figure this rather simple idea.
Here's another hint since most posters only ponder how they can afford their gaming habits: a company with a 6 cent a share stock is getting a settlement of monies with possibly many times that value per share.
Ever heard of an inverted P/E ratio?
They only happen every once in a while and not for long either.