Question-and-Answer Session
Operator
Thank you. (Operator instructions) We’ll go first to Tom Carpenter with Hilliard Lyons.
Tom Carpenter – Hilliard Lyons
Hello, Scott and Janet.
Janet Point
Are you there?
Tom Carpenter – Hilliard Lyons
Yes, are you?
Janet Point
Okay. (inaudible)
Tom Carpenter – Hilliard Lyons
Okay. Excellent. Like, where did you guys go? Congratulations on getting some clarity on Samsung 2G. Have Samsung’s 2006 sales reports been submitted to the Tribunal?
Bill Merritt
I think that information is with the panel or at least been produced in that litigation. And that’s really the remaining issue with respect to that case, is applying the rates that were established under the prior award to the determined royalty basis. So, that data is in.
Tom Carpenter – Hilliard Lyons
And just because some of us out there really don’t understand the ICC process, is there another need for an evidentiary hearing or is this something they can just meet for a couple of hours and resolve without going through the formal process?
Bill Merritt
I don’t know at this point. Typically you’ll have evidentiary hearings if there’s disputes of the fact. Right? So this may not – so if there is not a dispute of the fact, but there’s maybe a dispute as to how to apply those facts in particular situation. What you’ll instead have is they will just have an oral argument. And it’s a little looser because in the arbitration, the arguments tend to even be – they even mix law and fact type things. But we will see. I guess the panel will set a schedule for the remainder of the case and it will be helpful if it moves pretty quickly through the very few remaining issues in that case.
Tom Carpenter – Hilliard Lyons
Okay. Is your current thought process to try and crack all the years, ’02 through ’06 together, or because the ’02 through ’05 matter appears to be decided to collect that before you proceed with ’06?
Bill Merritt
Certainly in the context of working on an agreement with Samsung, we would collect all years. Right? And if it ends up being a situation where the litigation is forcing payment, then you would get the ’02 to ’05 presumably first because that’s already teed up. And then you would then move to collect on the ’06 amount.
Tom Carpenter – Hilliard Lyons
Okay. I think you brought up something that’s a nice segue to my follow-up question. What are your thoughts on using part of this award as a bargaining chip in your 3G negotiations with Samsung?
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