I don’t have time to provide links, but Judge Davis ruled this evening, giving AAPL 45 days to sit down and settle with VHC, else he’s going to slap a 1% royalty on them.
I took my position down from 30% of assets to 4% because I was afraid of an opaque ruling like this. Don’t get me wrong, things are heading in the right direction for VHC. But the delay process is nauseating and AAPL is sure to give Judge Davis the middle finger and appeal any and all rulings.
There wasn’t any injunctions levied, just more delay.
That’s my take.
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