VRNG Alerts 08/16/2014 09:21:32 $VRNG
Patentinvestr- completely agree! An end Bancorp is certainly to come...
The monetization opportunity for VRNG's internet search/advertising patents was always going to dry up after Google - win or lose, tainted or not. They expire soon anyway.
The cost of the NOK mobile patent portfolio was $22 million + 35% of any revenues generated (but only after the first $22 million is recouped), so it's clearly worth more than $22 million. And there is a much longer shelf life to these patents as compared to the search patents.
These NOK patents are currently being litigated against ZTE (big opportunity) and Belkin (small opportunity). ADT/TYCO have already settled whereby VRNG has received over $1 million to date from the two combined.
Also, the NOK patents cover so many different areas of technology, it's really impossible to guess which patents VRNG will assert next and who they will go after next.
Just based on the NOK patent portfolio opportunity by itself, that's a very reasonable starting range you present. Value should be much higher if they can structure a good ZTE licensing deal.
basically
1.50 on a covering...
will probably be all over the place but expecting it one day next week
tradeawait, once upon a time there was a trial where experts and jurors and the United States Patent Office checked and double checked the patents are real and were infringed by GOOGLE, You also forget there are other court cases pending. There may be surprises on Monday for everyone. GLTA
If you read Judge Chen's dissention, it almost comes off as a warning to the other judges. Overruling juries and substantial evidence, as he puts it, is over the top.
I think Chen could be the catalyst for justice in getting the courts 14-17 judges together for en banc review.
His writing on the decision are almost a pitch for the en banc review.
IMO The 2 affirmative judges have gone beyond their scope. Its almost as if they were hand picked to help Google. I know that sounds conspiratorial but it isn't every day that appellate judges overrule juries.
Bottom line - this decision adds significant time but in my opinion will go to the Supreme court.
VRNG now needs to show the shareholders that the fight goes on.
Two patent stocks were up yesterday. VHC +$.16 to $15.29 and ACTG +$.02 to $17.11.
Google money is not included in the cash position as it has never been recieved!
monday will see if dead cat bounce and if so, im shorting this baby to the ground. lets get it
May I help you?
POSSIBLY NOT EVEN ABOVE .025!
SHORTS won't cover above .25, if REFUND DUE!
OR, it could SINK them to sub-penny! It has happened to companies with a MORE CASH!
This could be looking at the low .20 range!
If cash is REALLY $1.3m, then, they are DEEP RED!
How did they FUND all those Patent purchases?
$31,700,000-$30,496,155=A GREAT DEAL LESS CASH!
Don't forget the $30,496,155 REFUND BACK TO GOOGLE!
I don't need a calculator to add 0 + 0!
Patentinvestr- completely agree! An end Bancorp is certainly to come...
The monetization opportunity for VRNG's internet search/advertising patents was always going to dry up after Google - win or lose, tainted or not. They expire soon anyway.
The cost of the NOK mobile patent portfolio was $22 million + 35% of any revenues generated (but only after the first $22 million is recouped), so it's clearly worth more than $22 million. And there is a much longer shelf life to these patents as compared to the search patents.
These NOK patents are currently being litigated against ZTE (big opportunity) and Belkin (small opportunity). ADT/TYCO have already settled whereby VRNG has received over $1 million to date from the two combined.
Also, the NOK patents cover so many different areas of technology, it's really impossible to guess which patents VRNG will assert next and who they will go after next.
Just based on the NOK patent portfolio opportunity by itself, that's a very reasonable starting range you present. Value should be much higher if they can structure a good ZTE licensing deal.
basically
1.50 on a covering...
will probably be all over the place but expecting it one day next week
tradeawait, once upon a time there was a trial where experts and jurors and the United States Patent Office checked and double checked the patents are real and were infringed by GOOGLE, You also forget there are other court cases pending. There may be surprises on Monday for everyone. GLTA
If you read Judge Chen's dissention, it almost comes off as a warning to the other judges. Overruling juries and substantial evidence, as he puts it, is over the top.
I think Chen could be the catalyst for justice in getting the courts 14-17 judges together for en banc review.
His writing on the decision are almost a pitch for the en banc review.
IMO The 2 affirmative judges have gone beyond their scope. Its almost as if they were hand picked to help Google. I know that sounds conspiratorial but it isn't every day that appellate judges overrule juries.
Bottom line - this decision adds significant time but in my opinion will go to the Supreme court.
VRNG now needs to show the shareholders that the fight goes on.
Two patent stocks were up yesterday. VHC +$.16 to $15.29 and ACTG +$.02 to $17.11.
Google money is not included in the cash position as it has never been recieved!
monday will see if dead cat bounce and if so, im shorting this baby to the ground. lets get it
May I help you?
POSSIBLY NOT EVEN ABOVE .025!
SHORTS won't cover above .25, if REFUND DUE!
OR, it could SINK them to sub-penny! It has happened to companies with a MORE CASH!
This could be looking at the low .20 range!
If cash is REALLY $1.3m, then, they are DEEP RED!
How did they FUND all those Patent purchases?
$31,700,000-$30,496,155=A GREAT DEAL LESS CASH!
Don't forget the $30,496,155 REFUND BACK TO GOOGLE!
I don't need a calculator to add 0 + 0!
