Subject:

RE: US Design Patent Des.400,941

Date:

Fri, 5 Jan 2007 14:45:37 -0700

From:

"Tamkin, Greg" <Tamkin.Greg@dorsey.com>  

To:

"Commando Dave" <bulzidave@yahoo.com>

CC:

"Osman, Lee" <Osman.Lee@dorsey.com>

 

 

 



Mr. Allen:

During our conversation of December 27, I advised you that although your claims have no merit and are subject to a variety of attacks, to avoid the expense of a lawsuit, Nautilus was willing to settle the claim for $2,000.  You responded by demanding $250,000.  It appears that the parties have drastically different expectations and evaluations of this dispute.  If your demands are truly in the neighborhood of $250,000, any reasonable counter by Nautilus would likely be insulting to you.  Thus, it makes no sense to have further negotiations. 

If, however, you are willing to discuss a settlement in the range of what was previously proposed, please give me a call.

Regards,

Greg
________________________________________________________________________________________________________________________________________
Gregory S. Tamkin  |  Partner  |  ( ))) DORSEY
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