CLRO - ClearOne: A Risky Bet On A Favourable Court Ruling
- CLRO is bleeding cash. Management continues to support the view that the ongoing infringement of company’s patents is the major cause of revenue decline.
- CLRO has a long history of being a smart litigant. The company’s ability to win those patent infringement cases increases the value of the business significantly.
- Court decision to grant CLRO’s request for a preliminary injunction is an incredibly valuable ruling for CLRO's business and puts it in a strong position for the final trial.
- Insiders have persistently acquired the company’s shares since June 2019.
For further details see:
ClearOne: A Risky Bet On A Favourable Court Ruling