Mo123, the litigation will\is being funded by a 3rd party hedge fund. they are also talking with google a second time after previous talks stalled.
Google have made offers in the past of I believe several million but IIR are looking for > 10 million. Even this number is way below the independent valuation of the trademark [which google asked for]
Google have already changed Gmail in the UK to Googlemail so have conceded that IIR have the TM rights imo
However as said before the key driver for this company is its daily business. With contracted revnues for next year > £1.5 million already they are going to bust the latest broker forecast of £700k profits.