VRNG Stock Alert 08/17/2014 10:28:32 $VRNG
F-15-Retired, thank you for your post, extremely well described, we never thought it would come to using common sense instead of experts looking at the case from the proper prospective angle of attack. I am concerned, but not worried, I am not a legal minded person, I'll leave that to the VRNG'S attorneys. They have not put out a direct response to the Courts decision as yet, we'll see what that brings in the coming week. GLTA
banger187, you got it right, ZTE, ASEUS, and there are other prizes that we are going to go after. When someone has infringed in your life or business and used your hard earned patents you keep fighting. GLTA
yaboy520, when you are on a fight for your rights and you have been through trials and have won most of your fights, what do you do when someone who are not experts in this field, and only supposedly using "common sense" to render a decision against you that makes no sense at all, you get up and keep going for the next round. I am in all the way, I believe that our attorneys are going to get up and put up a fight up to the SCOTUS. Watch and see. I believe on them. GLTA Longs.
Yes, there are some issues. That's for SURE!
come monday, watch for dead cat bounce to 1 dollar maybe 1.25, then SHORTTTT all the way down red all week. imo
This reminds me of kodak, eventually they went Bankrupt, dont buy into the optimism and hope that it will come up. short sell it
NoRingo is a MORE suitable name!
Are you serious? You just restated the last line of the commentary, Vringo is examining its options.
They LOST!
Whatever.....folks caught in bad situation, not their fault, would have been hard to see from any perspective.
Nokia dumped those patents for a reason. ; )
No, i know what business they are in. They bought hand me down patents so they could build their cash base suing companies over antiquated technology rights. My guess is that they could care less about generating revenue with the patents, outside of lawsuits. Read the 10Q, that's ALL it talks about. Nothing in there related to selling services or products.
Are you saying you didn't KNOW what business they're in?
You thought maybe it was a condom company?
Oh, that's right, another lawsuit! This company is nothing more than a patient infringenent Case Mill. The only people making money on this stock are the lawyers! Lord knows we'll NEVER see a penny of *the cash*!
AGREE! .025-.55
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. ; )
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.
F-15-Retired, thank you for your post, extremely well described, we never thought it would come to using common sense instead of experts looking at the case from the proper prospective angle of attack. I am concerned, but not worried, I am not a legal minded person, I'll leave that to the VRNG'S attorneys. They have not put out a direct response to the Courts decision as yet, we'll see what that brings in the coming week. GLTA
banger187, you got it right, ZTE, ASEUS, and there are other prizes that we are going to go after. When someone has infringed in your life or business and used your hard earned patents you keep fighting. GLTA
yaboy520, when you are on a fight for your rights and you have been through trials and have won most of your fights, what do you do when someone who are not experts in this field, and only supposedly using "common sense" to render a decision against you that makes no sense at all, you get up and keep going for the next round. I am in all the way, I believe that our attorneys are going to get up and put up a fight up to the SCOTUS. Watch and see. I believe on them. GLTA Longs.
Yes, there are some issues. That's for SURE!
come monday, watch for dead cat bounce to 1 dollar maybe 1.25, then SHORTTTT all the way down red all week. imo
This reminds me of kodak, eventually they went Bankrupt, dont buy into the optimism and hope that it will come up. short sell it
NoRingo is a MORE suitable name!
Are you serious? You just restated the last line of the commentary, Vringo is examining its options.
They LOST!
Whatever.....folks caught in bad situation, not their fault, would have been hard to see from any perspective.
Nokia dumped those patents for a reason. ; )
No, i know what business they are in. They bought hand me down patents so they could build their cash base suing companies over antiquated technology rights. My guess is that they could care less about generating revenue with the patents, outside of lawsuits. Read the 10Q, that's ALL it talks about. Nothing in there related to selling services or products.
Are you saying you didn't KNOW what business they're in?
You thought maybe it was a condom company?
Oh, that's right, another lawsuit! This company is nothing more than a patient infringenent Case Mill. The only people making money on this stock are the lawyers! Lord knows we'll NEVER see a penny of *the cash*!
AGREE! .025-.55
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. ; )
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.
