VRNG Stock Updates 08/17/2014 00:25:53 $VRNG
So how many shares do you have SHORT, cause this is obviously going alot lower
Thanks for confirming A.R. from operations is ZERO, because, there are NO product or service offerings. No revenue is being GENERATED, hence, A.R. is ZERO!
I said the cash is from lawsuit settlements, in my last post. But, you are missing the point. This company has ZERO revenue from normal operations. And, they even stated that the loss of the search patent appeal would cripple them.
$21M IN REVENUE LOSS, and, the only money they have is from lawsuit settlements. The company even stated in their annual report that CASH BURN is high from ALL the companies they are SUING. $13M in LEGAL expenses!
Then, on top of ALL that, they are claiming $65M in GOODWILL asset. Goodwill from what, all the lawsuits? They have NO revenues from product or service offerings. That ASSET is OVERstated.
This company needs to be AUDITED. IMO
You'll have to be MORE specific. You see, I know every number I have provided is correct, because, I pulled every number from the 10q. You, on the other hand, are making blanket statements. So, it is your burden to disprove anything I have stated. I welcome your reply. ; )
Well said. RD is such a troll.
epic
The money from settlements talked about in the 10Q is from other litigation that they have successfully settled recently (ie: ADT/Tyco) NOT Google money. Also in the past they received $1 million from MSFT along with patents. Neither of which will be returned. You would know this if you followed this stock more than just the past 2 days.
VRNG was never entitled to actually collect a penny from GOOG until appeals were final. Therefore no potential GOOG awards were ever factored into the financial reports. You can't report money that you never received. Please stop clogging the board with your nonsense.
Yes the operative word was but now ZTE is the new prize.
THIS COMPANY'S LIFE WAS BASED ON WINNING THOSE LAWSUIT'S I EXPECT THIS WILL KEEP FALLING. OMG OUCH
Your right it is a matter of Public Record. But you are making statements that are not backed up in the 10q. I suggest you read it again and state facts only--Good Luck!
...that's what she said.
It is a matter of public record. Check the 10Q. It s ALL in there. Per the 10q, their cash on hand consists of lawsuit settlements. Everything that I have posted was pulled directly from the 10q.
That's the ugliest candle I've ever seen in my life
Got bunch on friday.Lets see how it goes on Monday
The ruling Friday was obviously a huge disappointment and for me a surprise but I found this link that at least offers a glimmer of hope at three options Vringo has in there case against Google. While probably a long shot, at least there is a chance that this case can be turned around and hold
Google liable for Infringement.
Link can be found here: http://m.managingip.com/Article.aspx?ArticleId=3371638
We just lost the only big case we had going where money was on the horizon. I may buy in down the road but I'm not buying into the optimism anymore.
scaredy cats, shouldn't be in this stock. These odds are better than vegas. gl.
You are throwing out misinformation, that is non factual, guesses, etc. regarding the Financial Status of VRNG. Please provide sources or links for your comments. thank you!
No your post does not mention "Lawsuit Settlement". How can A/R be overstated when it is $0?
So how many shares do you have SHORT, cause this is obviously going alot lower
Thanks for confirming A.R. from operations is ZERO, because, there are NO product or service offerings. No revenue is being GENERATED, hence, A.R. is ZERO!
I said the cash is from lawsuit settlements, in my last post. But, you are missing the point. This company has ZERO revenue from normal operations. And, they even stated that the loss of the search patent appeal would cripple them.
$21M IN REVENUE LOSS, and, the only money they have is from lawsuit settlements. The company even stated in their annual report that CASH BURN is high from ALL the companies they are SUING. $13M in LEGAL expenses!
Then, on top of ALL that, they are claiming $65M in GOODWILL asset. Goodwill from what, all the lawsuits? They have NO revenues from product or service offerings. That ASSET is OVERstated.
This company needs to be AUDITED. IMO
You'll have to be MORE specific. You see, I know every number I have provided is correct, because, I pulled every number from the 10q. You, on the other hand, are making blanket statements. So, it is your burden to disprove anything I have stated. I welcome your reply. ; )
Well said. RD is such a troll.
epic
The money from settlements talked about in the 10Q is from other litigation that they have successfully settled recently (ie: ADT/Tyco) NOT Google money. Also in the past they received $1 million from MSFT along with patents. Neither of which will be returned. You would know this if you followed this stock more than just the past 2 days.
VRNG was never entitled to actually collect a penny from GOOG until appeals were final. Therefore no potential GOOG awards were ever factored into the financial reports. You can't report money that you never received. Please stop clogging the board with your nonsense.
Yes the operative word was but now ZTE is the new prize.
THIS COMPANY'S LIFE WAS BASED ON WINNING THOSE LAWSUIT'S I EXPECT THIS WILL KEEP FALLING. OMG OUCH
Your right it is a matter of Public Record. But you are making statements that are not backed up in the 10q. I suggest you read it again and state facts only--Good Luck!
...that's what she said.
It is a matter of public record. Check the 10Q. It s ALL in there. Per the 10q, their cash on hand consists of lawsuit settlements. Everything that I have posted was pulled directly from the 10q.
That's the ugliest candle I've ever seen in my life
Got bunch on friday.Lets see how it goes on Monday
The ruling Friday was obviously a huge disappointment and for me a surprise but I found this link that at least offers a glimmer of hope at three options Vringo has in there case against Google. While probably a long shot, at least there is a chance that this case can be turned around and hold
Google liable for Infringement.
Link can be found here: http://m.managingip.com/Article.aspx?ArticleId=3371638
We just lost the only big case we had going where money was on the horizon. I may buy in down the road but I'm not buying into the optimism anymore.
scaredy cats, shouldn't be in this stock. These odds are better than vegas. gl.
You are throwing out misinformation, that is non factual, guesses, etc. regarding the Financial Status of VRNG. Please provide sources or links for your comments. thank you!
No your post does not mention "Lawsuit Settlement". How can A/R be overstated when it is $0?
