VRNG Recent activities 08/16/2014 02:27:10 $VRNG
Don't forget the $30,496,155 REFUND BACK TO GOOGLE!
I don't need a calculator to add 0 + 0!
How much did they pay for the big patent portfolio they bought? So they have 39 cents per share in cash, that patent portfolio they bought off of,..Nokia? The value as a big board entity. The longshot value of Google appeals etc. Whatever value you give for other lawsuits based off the now tainted patents. What do you get $1.25-$1.50 per share worth of meat left on the bones?
Losers thats what you get for investing in a company slows technological progress because your litigation nonsense
There was a report of $31.7 million in cash at the end of June. And an additional $2.3 million deposited with various international courts for injunction enforcement.
Common shares outstanding is approx 87.2 million. There are approx 115 million shares on a fully diluted basis. But because 17.4 million of them are related to warrants (at $1.76 and $5.06) it probably doesn't make sense to count them when we have a market closing price per share of $0.88.
There are 12 million more shares related to the employee incentive plan.
So using the most favorable metrics, I believe it would be approximately $0.39 cash per share. But I don't know the cash burn the last two and half months. I am sure it is more than zero.
Get a better calculator.
One other point, the patents in question were directly related to proprietary query based content ad retrieval, which is Google Adsense. In essence, this voids ANY claim Vringo has to use or revenue generated from its use. In other words, Vringo is UP THE CREEK & will not obtain ANY revenue tied to those patents. No matter how the advocates for VRINGO twist this on the wire & on the message boards, LOSS of this revenue stream is MAJOR for a company this size!
How much cash per share does vringo have left?
Nice add...
Unforunately, with the Earnings loss & the revenue impacting patent losses, VRNG is going to correct & fall inline with it's true support level, in the low .50's. This stock is in a dead cat bounce & the only thing that will send it back up is a positive Earnings Report. The short rally wont happen until this bounce bottoms out. Short sellers are going to squeeze every ounce of gain out of VRNG, and, they will not leave 1/2 of a dollar sitting on the table.
Sort of yes but not that simple.ken lang is the inventor of the patents in question was involved as well
EPS is -.49. Something doesnt add up.
Reversing Trial Court For error
Would some trial lawyer respond to this? I've been out of law school for over 50 years and had little trial experience. I recall however that appellate courts have to give juriy opinions great deference and where an agency has opined as the Patent office here has more than once, that the courts have to give that even greater weight. So now we have the CAFC knowing more about patent law than the patent office?? If the above is correct, IMO en banc is clearly warranted here and it will reverse the appellate court. Less
Sentiment: Hold
vringo bought some old patents and they thought they were gonna make billions suing ?
So did we still win some money as before but lost the later part? Or did it all just go to shit? After being here for years this is bs.
Unfortunately this is the down fall of USA. I don't really care I'm a cunuck, and at a moments notice I will be out of this messed up us, sadly. gl.
I think it's now illegal to say "God Bless" yes words we used to form our nation!
really 1,50? or 1,20?
So true. god bless America. Anybody who knows anything about, what really goes on, in our beloved gov., Knows it isn't pretty.
And once again the little guy loses. I do pray their is some justice, to prevail. glta
Don't forget the $30,496,155 REFUND BACK TO GOOGLE!
I don't need a calculator to add 0 + 0!
How much did they pay for the big patent portfolio they bought? So they have 39 cents per share in cash, that patent portfolio they bought off of,..Nokia? The value as a big board entity. The longshot value of Google appeals etc. Whatever value you give for other lawsuits based off the now tainted patents. What do you get $1.25-$1.50 per share worth of meat left on the bones?
Losers thats what you get for investing in a company slows technological progress because your litigation nonsense
There was a report of $31.7 million in cash at the end of June. And an additional $2.3 million deposited with various international courts for injunction enforcement.
Common shares outstanding is approx 87.2 million. There are approx 115 million shares on a fully diluted basis. But because 17.4 million of them are related to warrants (at $1.76 and $5.06) it probably doesn't make sense to count them when we have a market closing price per share of $0.88.
There are 12 million more shares related to the employee incentive plan.
So using the most favorable metrics, I believe it would be approximately $0.39 cash per share. But I don't know the cash burn the last two and half months. I am sure it is more than zero.
Get a better calculator.
One other point, the patents in question were directly related to proprietary query based content ad retrieval, which is Google Adsense. In essence, this voids ANY claim Vringo has to use or revenue generated from its use. In other words, Vringo is UP THE CREEK & will not obtain ANY revenue tied to those patents. No matter how the advocates for VRINGO twist this on the wire & on the message boards, LOSS of this revenue stream is MAJOR for a company this size!
How much cash per share does vringo have left?
Nice add...
Unforunately, with the Earnings loss & the revenue impacting patent losses, VRNG is going to correct & fall inline with it's true support level, in the low .50's. This stock is in a dead cat bounce & the only thing that will send it back up is a positive Earnings Report. The short rally wont happen until this bounce bottoms out. Short sellers are going to squeeze every ounce of gain out of VRNG, and, they will not leave 1/2 of a dollar sitting on the table.
Sort of yes but not that simple.ken lang is the inventor of the patents in question was involved as well
EPS is -.49. Something doesnt add up.
Reversing Trial Court For error
Would some trial lawyer respond to this? I've been out of law school for over 50 years and had little trial experience. I recall however that appellate courts have to give juriy opinions great deference and where an agency has opined as the Patent office here has more than once, that the courts have to give that even greater weight. So now we have the CAFC knowing more about patent law than the patent office?? If the above is correct, IMO en banc is clearly warranted here and it will reverse the appellate court. Less
Sentiment: Hold
vringo bought some old patents and they thought they were gonna make billions suing ?
So did we still win some money as before but lost the later part? Or did it all just go to shit? After being here for years this is bs.
Unfortunately this is the down fall of USA. I don't really care I'm a cunuck, and at a moments notice I will be out of this messed up us, sadly. gl.
I think it's now illegal to say "God Bless" yes words we used to form our nation!
really 1,50? or 1,20?
So true. god bless America. Anybody who knows anything about, what really goes on, in our beloved gov., Knows it isn't pretty.
And once again the little guy loses. I do pray their is some justice, to prevail. glta
