A true wallstreet bet.

Submitted by jollyjonte t3_zx5ulz in wallstreetbets

Hello Regards.

This is my first post here and i would like to present to you a true regarded bet, since i found nothing related to this stock in this sub.

A friend of my presented this company to me, named Neonode, which is currently in a legal dispute with Apple, Samsung and Alphabet regarding a patent relevant to the "slide to unlock" function present in almost every produced phone from these companies.

Neonode claims they were the ones that invented the slide to unlock function and is now suing the giants for patent infringement. The interesting thing is that Neonode actually had success in the first leg in the legal dispute where Apple and Samsung tried to invalidate the patent, but the judge decided the Neonode patent from the early 2000's was valid.

IF the second half of the legal dispute is won in January, the company could see huge upsides. (And if a loss, even larger downside). This is why i think this case suits this subreddit so well, it is merely an educated coin flip.

More information can be found from this guy who have followed the case for the last couple of years:

https://twitter.com/F_Lindberg/status/1485517876295618562?t=qAzsOMgjCOA0gSKBgG1V0g&s=19

In my opinion a true coinflip, which makes it beautiful.

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Comments

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imunfair t1_j1z28ct wrote

I hate patent trolls. Silly user interface stuff like this shouldn't even be patentable, much less by some company that comes out of nowhere and claims that everyone using it owes them money.

They should let you trademark a look and feel of your brand, but not patent a software UI feature, that's not an invention or anything worthy of long-term moat protection no matter how much programmers might want it to be.

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jollyjonte OP t1_j1z34kk wrote

Kinda agree, the issue was (in my understanding of this case) that Neonode and Samsung had a deal where they (Samsung) could use this feature based on the actual patent.

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Dan_inKuwait t1_j207qik wrote

This isn't a YOLO... This is your rambling about something apple.

Maybe you should try posting in r/talkaboutbets until you actually slap your money on the table?

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VisualMod t1_j1yjkod wrote

>This is an interesting company and I am intrigued by their legal case. I will be following this closely to see how it unfolds.

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jollyjonte OP t1_j1yk628 wrote

Interesting thing is that the legal case is driven by Aequitas Technologies LLC which is taking all the cost related to court and lawyer fees, which makes it easier for Neonode to drive the case forward and not to be "drowned by documents" by the giants. Although for a split share of 50% of the winnings if the case is decided in favor of Neonode.

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anotherloserhere t1_j245o7t wrote

Not a yolo. More likes news or discussion, or spam. Where are your positions?

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VisualMod t1_j1yjkew wrote

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^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive >TL;DR: Neonode vs Apple/Samsung/Alphabet in legal dispute over "slide to unlock". If Neonode wins, upside could be huge.

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