Intercede Share Discussion Threads

[237gmoney] 06/7/2009 14:03

what are the chances???

[smartmoney100] 02/7/2009 12:21

Added 10,000 at what I consider quite a decent price. As ever time will tell.

[aphrodites] 02/7/2009 11:40

WJC

Quite agree with you comments.

The strength of IGP's balance sheet and cash reserves will play an important psychological role in the opening shots of the Court case.

From discussions I have had with the C.E. of another tech company he has always stressed the need to have a balance sheet which shows his company can fight off any patent infringements.

If your analysis of the situation is correct and IGP can prove to the Judge Actividentity is employing spoiler tactics he may well recommend an end to the case right there. But from my experience these Court cases tend to have a protracted life style and I would not put money an early resolution.

[wjccghcc] 02/7/2009 11:04

SmartMoney, it's still early days re the legal proceedings. Usually these cases drag on for 2-3 years and then settle and we're only 9 months into this one. Actividentity most probably launched it as a spoiler because IGP have been beating them to most contract wins. Since it doesn't seem to have affected IGP's ability to win contracts and they now have the cash for a long fight if need be, hopefully that will put more pressure on Actividentity to withdraw/settle but it depends on the hubris of their management.

[smartmoney100] 02/7/2009 10:41

Igoe, if you know, what stage of legal proceedings are we at please? I haven't been able to pay full attention to my investments lately. Was comtemplating buying some more anyway this morning.

Regards Smart

[cambium] 02/7/2009 10:30

or not ;o(

[igoe104] 02/7/2009 10:21

In court at 3.30 in LA 2/7/09, we are 8 hours in front.

03:30 PM C08-4577 ACTIVIDENTITY CORP v INTERCEDE GROUP PLC AND INTERCEDE LTD
CMC

Could see a big jump in the share price tomorrow.

[237gmoney] 29/6/2009 15:23

I know IGP have two national ID card scemes in the middle east - Is one of them in Kuwait? has just kicked off....India should take a look, 3-5,000 cards a day so for 1.1 billion people you will get them all done in about 600 years...no but seriously IGP have very little chance of getting the India job unless bartonics buys out IGP...

[237gmoney] 29/6/2009 15:16

The biggest ID contract in the world.....$10 billion....if only...

NXP seem to heavily involved at this stage, is there any link to IGP there???

[boadicea] 29/6/2009 13:06

igoe - That sounds like a fairly standard type of 'catch-all' statement from a US company designed to protect the directors (vice-presidents etc) from litigation on the grounds of misleading or negligence in the event that any of the listed events occur.
If IGP were listed in US it would probably be advised or forced to include a very similar statement.
I wouldn't attach any particular importance to it. Analogous to most of our H&S induced actions = backside protection against ambulance chasing lawyers.

[igoe104] 29/6/2009 11:11

YEP, THERE new ceo will probably be out of a job soon.

gmoney knowing our luck the share price will still go down, there only seems to be sellers around at the moment, you just cant please some folks.

[237gmoney] 29/6/2009 10:59

Many thanks for the post igoe. Lets hope this issue gets resolved soon. Any positive outcome and there should be a 4-5p jump in share price as it went down by this much when the news was announced - but then thats just wishful thinking.

Either way an update from IGP next week would be helpful as to what happens on the 2nd.

[yump] 29/6/2009 10:57

Must be interesting to be a fly on the wall when shareholders are talking to management.

"How come this tiddly little UK company has managed to get these contracts, while you continue to p..s our money up the wall ?"

"We reckon they nicked our idea, so we'll sue them"

"Yes, but bearing in mind how much cash we've given you, why didn't you do it first anyway if you reckon the technology you've got is so great - you're resources have been much larger"

"Urmm, er, technology piracy, erm development time, er difficult economic climate, brain drain, unexpected supply problems....we are clearly the best though...."

"You're fired!"

[igoe104] 29/6/2009 09:45

(IS THIS THE WHITE TOWEL BEING THROWN INTO THE RING.)

From ActivIdentity Corporation (lends some support to Parris' claim):

'We have a history of losses and we expect to experience losses in the foreseeable future. In fiscal 2006, 2005 and 2004, we incurred losses of approximately $22.5 million $47.9 million and $27.4 million, respectively. As of September 30, 2006, our accumulated deficit was $237.2 million, which represents our net losses since inception. Although our cash balance is sizable, it may not last long enough for our operations to become profitable.

We will need to achieve significant incremental revenue growth and manage our costs to achieve profitability. Even if we do achieve profitability, we may be unable to sustain profitability on a quarterly or annual basis in the future. It is possible that our revenue will grow more slowly than we anticipate or that operating expenses will grow.'

And some pertinent but somewhat contradictory comments by ActivIdentity about costs of litigation and intellectual property rights:

'We may face claims of infringement on proprietary rights of others that could subject us to costly litigation and possible restriction on the use of such proprietary rights. There is a risk that our products infringe on the proprietary rights of third parties... such claims are costly to defend and could subject us to substantial litigation costs. If any claims or actions are asserted against us, we may be required to modify our products or may be forced to obtain a license for such intellectual property rights. However, we may not be able to modify our products or obtain a license on commercially reasonable terms, or at all.

In addition, despite precautions that we take, it may be possible for competitors to copy or reverse-engineer aspects of our current or future products, to independently develop similar or superior technology, or to design around the patents we own. Monitoring unauthorized use and transfer of our technology is difficult and technology piracy currently is and can be expected to continue to be a persistent problem... It may be necessary to enforce our intellectual property rights through litigation, arbitration or other adversarial proceedings, which could be costly and distracting to management, and there is no assurance that we would prevail in any such proceedings.

From time to time, we have been named as a defendant in legal actions arising from our normal business activities, which we believe will not have a material adverse effect on us or our business.'

[igoe104] 29/6/2009 09:44

Taken from a poster on the iii bb.



Apologies if none of this increases visibility but:

In the US District Court (Northern District of California) on 2nd July 2009:

CIVIL LAW AND MOTION Ref. C08-4577: ACTIVIDENTITY CORP v INTERCEDE GROUP PLC AND INTERCEDE LTD'

'The plaintiff alleges that the defendants have infringed a patent owned by ActivIdentity, and seeks damages and a permanent injunction. According to the details of the filing, this patent was issued to a third party on 10 June 2003 and ownership was transferred to ActivIdentity on 6 July 2006.'

Intercede does not believe this patent was derived from ActivIdentity's own research and development activities.

Richard Parris: "The timing of this filing is questionable as it so closely follows recent press releases about Intercede's commercial successes in the US market. I believe ActivIdentity are resorting to the distraction tactic of litigation because their value proposition in the card management software market is failing..."
--------------------------------------------------------------------------------

[awilson] 28/6/2009 22:56

igoe and 237

Thankyou for your replies. Basically they are the same - the UK national
identity card counts for little in the share price valuation. I have for
quite some long time discounted it but am happy you both think the same way as among the best posters on this thread.

[237gmoney] 28/6/2009 18:31

Awilson re your post 1428 - put it another way, if me and you walk into a room and I place £100 on the table and said Im thinking of giving this to you but then take the money back and walk out of the room - are you any worse off when you leave the room than when you entered it? So when the tories get in later this year or next and cancel the ID card why would IGP be any worse off?

[igoe104] 28/6/2009 15:11

I should think very little igp are not a one-trick pony, its one of hundreds of projects that could be available for igp to work on, we could still make abit out of it until its gets cancelled (probably the end of next year). but by the end of next year igp could be then working over 40+ other projects.

some of them hopefully will be alot bigger than the uk id card project.

[awilson] 28/6/2009 14:16

It seems probable that the UK ID card project will be cancelled irrespective
of who wins the GE.
Any thoughts as to how this would impact upon the IGP share price?

[igoe104] 27/6/2009 18:37

I was reading in the daily mail that they want the best talent around to help with the indian id card, think mr parris should drop him a-line.

if we are involved it will have a massive impact on the share price because there are 1.1 billion people who live in india.

and with it being a system which will run a large data-base im sure igp skills and software will come in handy.

[igoe104] 27/6/2009 12:55

ALSO INDIAN NATIONAL ID CARD WITH A DATA-BASE.

Maybe they will need mr parris help.

[igoe104] 26/6/2009 10:31

Maybe more contracts in the middle-east coming up.

[igoe104] 26/6/2009 10:26

Looks like there going to be lots more up-coming projects in the usa in the near future. igp look like they are in for a fantastic future.

[igoe104] 26/6/2009 10:17

Lockheed look like being involved in the usa airport security as well.




Clear's IT partner, Lockheed Martin, is working with the company "to ensure an orderly shutdown as the program closes," Clear said. But in a section of the note entitled, "Will personally identifiable information be sold?" Clear acknowledged that it could be used by someone else, presumably if Clear's assets were sold. "If the information is not used for a Registered Traveler program, it will be deleted," Clear said.