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.
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.