Penny Stock Pick Report is pleased to alert investors of stocks on the move. Sign Up for our Stock Newsletter
Research In Motion Limited (NASDAQ: RIMM) recently made known they have entered into a definitive agreement to settle all outstanding worldwide patent litigation between Research In Motion Limited and Visto Corporation
The terms of the settlement include Research In Motion Limited receiving a perpetual and fully-paid license on all Visto Corporation patents, a transfer of certain Visto Corporation intellectual property, payment by Research In Motion Limited of US $ 267.5 million and all parties executing full and final releases in respect of all outstanding worldwide litigation. Expected completion of the settlement will be during the week of July 20, 2009 and is subject to certain closing conditions.
PennyStockPickReport About/Disclaimer
Sign Up for Penny Stock Pick Report’s Free Small Cap Newsletter! To subscribe please enter your email address in the frame at the bottom of this page or visit us at our website.
Subscribe at the bottom of this page.
About Us
Penny Stock Pick Report is a leading stock web site that provides free stock alerts on stocks that are poised to make big gains. We also track small cap companies that could be on the brink of a massive breakout. To feature a company on our web site please contact us at the email listed below.
Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. This publication is not a registered investment advisor or broker-dealer. Our affiliates, officers, directors and employees may buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above. View our full disclaimer.