Kodak To Use Patents for Cash Infusion

[CD55]

According to this story Kodak is trying to sell its patents for some cash. It needs for some positive cash flow though otherwise it'll be just delaying bankruptcy. I wonder how long it will take for any sale to take place if they've been trying since July.

http://news.yahoo.com/kodak-rescue-itself-via-patent-bonanza-120212707.html

 

[Mackinaw]

Old news. We talked about this over a month ago.

 

[Mainecoonmaniac]

Selling patents is like a someone broke selling their life's blood. It compromises the health of the person and if he sells enough, it's going to kill them.