Monday, July 28, 2014 10:25:13 PM
Common opinions holds that the award from G promises to surpass the 20 million cost of acquiring the patents by a LARGE margin, significantly over $1 Billion with a large upside from there. Why play a fiddle over the mere 20 million it cost to acquire the patents? How can anyone complain or compare a $20 million investment against a $1 billion return? Ummm, a billion is a thousand millions; a more than 50 times markup. I may not know stocks very well or have a keen mastery of Wall Street, but I don't need a mind for such things when I'm faced with a no-brainer situation, thank you.
And there are other irons in the proverbial fire; ZTE being the largest of them for the present. Many more suits, many more jurisdictions. It's a simmering pot, my friend, and all seems to be going well but for the seemingly protracted time it takes for the justice system to do what it must do. Once again, deflect your ire and focus it toward the plodding justice system and away from Vringo, as V has no more control over the courts than any other company embroiled in long and arduous litigation.
I must confess, before making this investment years ago, I had no idea matters would drag out for as long as they have. I'm extremely disappointed and frustrated, like YOU, but realize MY shortcoming in not having realistic expectations of the war we took upon us by filing suit.
Did we have a choice? No. This was the only way we had any hope of seeing just redress. Try not to lose sight of the fact that we were confronting a known, brazen and prolific thief who systematically built a worldwide corporate and financial empire down through the years by stealing technologies from much smaller companies who stood little chance of prevailing with Google's financial resources arrayed against them.
I'm as frustrated as you are. I'm in this, like you. But no matter the tenor of the comments on this or any other board (and I grant and respect dissent and/or disagreement from everyone), I see no rhyme or reason for complaining about Vringo, be it the share price (largely controlled by MMs) or the business plan, when the problems with V during litigation are mostly to be found elsewhere. Try looking elsewhere. Show a little more courage day to day and lets just see what the coming weeks or months have in store for us. Be more open, pragmatic and optimistic and maybe this "perfect storm" we're going through will end soon. Trust me, nothing lasts forever. NOTHING lasts forever.
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