Intercede Share Discussion Threads

[boadicea] 11/1/2010 14:41

The fact that IGP can insure their position implies that the odds are well on their side.
However, it will have come with a cost and although they anticipate recovering the insurance cost in the case of a win, I'm not certain how definite that will be.
What seems clear now is that they have no intention of accepting a compromise settlement. It looks like a fight to the death unless Atividentity withdraw - in which case I imagine IGP could sue for damages/defamation or whatever.

IGP have seriously upped the stakes.

[igoe104] 11/1/2010 12:57

YES, i wouldnt like to be activi shoes.
it will be interesting to see how they word it on their web-site, they havent put any comments on their we-site yet.

short term all this court stuff will put investors off, but long-term igp share will benefit from all this action.

What im after, and would expect the board to be strongly after, is a good compensation package for the company.

[egoi] 11/1/2010 09:01

I suspect, from their comments, that they have done it now because of fears that their European customer base might be starting to look elsewhere.

Good luck to them, i hope they can get this cleared up asap, though how long that might be of course is anyone's guess, and then the company can move ahead. I like the overall business here.

[aphrodites] 11/1/2010 08:55

Very good news indeed.

But why has it taken so long for IGP's lawyers to come up with this solution?

Clearly, the Board has been shaken by the share price performance and one must ask, have they underestimated the effect of this litigation?

Quite clearly they have and think they are in a strong position. But they have underestimated the way the stock market, their only major investor and new investors have been looking at this.

If I was the company broker and had found that I was facing a brick wall, as a result of this litigation, in trying to attract new institutional investors on board I would try to find a solution. And this to me looks like a winner.

The next question is if NXT is successful and win the case over here will Actividentities have to pick up the cost of two Court settlements if they also win in the USA?

This has the potential of making a major hole in their financial resources!!!

Will we see some volume buying activity now.

I would certainly not be a seller on this news.

[glasshalfull] 11/1/2010 08:50

Concur with views above.
Intercede must be VERY CONFIDENT on their position.

Regards,
GHF

[boadicea] 11/1/2010 08:03

Highly innovative approach and obviously very confident.
Actividentity's action is clearly signalled as being in the vexatious category.

[interceptor2] 11/1/2010 07:28

Agreed, they are coming out fighting.

With the arragements that the legal firm and insurance firms have agreed too, shows that they were very confident in Intercedes position.

[fft] 11/1/2010 07:09

That is an RNS and a half this morning.

Very aggressive. Should make the opoosition think a bit. London is not a cheap place to defend a case.

Having a no-win, no fee arrangement in place, along with insurance, should make customers realise that this is not a last throw of the dice, but a concerted effort to get rid of the problem once and for all.

[interceptor2] 08/1/2010 16:25

Thanks for the explanation, I didn't know what a Teleponic conference was. I'm sure the share price will react first before we hear the outcome.

[smartmoney100] 08/1/2010 16:24

I think Actividentity had to disclose within 30 days presuming that motion was granted last time.

[igoe104] 08/1/2010 16:20

Teleponic conference as far as im aware is when both parties come in front of a judge and try and come to a agreement or settlement. hopefully the case could be coming to a end, thats is providing both parties come to a agreement.

[arthurly] 08/1/2010 15:57

Mr Zimmerman ?

The times they are a changing.

[smartmoney100] 08/1/2010 15:54

Eh up! Just discovered this :



Telephonic Discovery Conference. In court today!

With a different Judge (just to confuse us). Magistrate Judge Bernard Zimmerman.

[aphrodites] 03/1/2010 15:39

rivaldo

So if my calculations are correct HHV has sold somewhere in the region of 640,000 shares since it invested £700k in the company two and half years ago.

I have posted here on several occasions my dissatisfaction about the manner Peel Hunt dealt with the placement at 33p with HHV back in 2007.

We have all sat here with shares since then and every time the share price rises we see stock being sold. Quite clear where it has been coming from!

HHV still holds somewhere in the region of 1.5m shares.

If the court case is resolved in IGP's favour I wonder if Peel Hunt will be able to persuade new institutions to come on board. If not, do not expect to see the share price move a lot higher as HHV will almost certainly take advantage of any price rise to reduce its holding still further in this illiquid stock.

If I was the C.E. I would seriously be looking to arrange a management buy-out.

Or will someone come along with a reasonable offer?

[felix99] 03/1/2010 14:55

great track record that Hargrave hale trust - look at the losses on the holdings

[rivaldo] 02/1/2010 08:14

Just out of interest, I note from HHV's results out on Thursday (Hargreave Hale AIM VCT) that they hold £628k's worth of IGP:



Happy New Year to all IGP'ers - another year of steady progress and the positive settlement of the patent case will do me fine!

[igoe104] 30/12/2009 12:41

This has to be a id target for igp to get involved in, now its been approved.

[igoe104] 24/12/2009 14:25

This is a great investment glasshalfull. you can only see the need for this type of technology bigger and bigger and more global,thats why i hold over 210,000 of these.
one-day hopefully in the next few years these will be £2 +.

[glasshalfull] 24/12/2009 14:05

Thanks again igoe.

I took advantage of a few small sells over the last week or so & topped up this morning. In the process it became my largest single holding by a small margin.
IGP is also my pick for The Fool's annual share competion.

Merry Christmas to all holders and wishing you all a prosperous 2010.

All the best,
GHF

[igoe104] 24/12/2009 12:25

Interesting if you look at the company web-site the now have a worldwide map, where they have won contracts. if you look at the middle-east i noticed 2 (new) contracts have been won to add to the kuwait and the oil company contracts we are already involved in.

one looks like its in egypt and maybe israel it looks like the other one.

[igoe104] 21/12/2009 19:05

hybrasil this has moved over 100% with the litigation hanging over the companies head over the last year.

[hybrasil] 21/12/2009 12:29

brilliant results on the 8th december. Its now 10% back.

The reality is until this litigation is out of the way that this share wont move.

[igoe104] 17/12/2009 13:35

Lots more spending from worldwide goverments on biometrics.