PCI-PAL – notes announcement of patent lawsuits filed against it, to “defend itself robustly” But...
By Steve Moore | Thursday 16 September 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Payment software for business communications company PCI-PAL (PCIP) has noted a patent infringements lawsuits press release from competitor Semafone and that its directors “believe that the Semafone claims have no basis… PCI Pal will defend itself robustly against all allegations of patent infringement”. The shares, at 76p, are still though currently more than 14% lower.
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