Friday, July 31, 2015 6:47:02 AM
There is a plausible scenario where ZTE will be bankrupt by this case
so now we know 817 million was the settlement offer by VRNG - this will likely now cost ZTE billions and Google may lose a MAJOR android distribution channel in USA if ZTE USA products face injunctions and are pulled from shelves.
here is what is possible:
- Freezing of all ZTE and Google investment accounts for investigation of short selling or trading VRNG stock
- 800 million + from ZTE just for licensing of sold products per FRAND
- Treble damages for willful misconduct
- Several billion for NDA violation
- Sanctions for Google and ZTE US based legal teams
- ZTE and Google US based lawyers disbarred and law firms fined
- Jail time and sanctions for ZTE and Google US based legal team
- Permanent injunctions in 8 countries once these judges see this evidence of corruption and attempts to circumvent the injunction using upstream suppliers
- Fines and sanctions for EACH NDA violation - ie each person that was shown NDA documents
- Fines and sanctions for sharing NDA document with Google legal team in China
- Fines and sanctions for attempts to work around injunctions in Brazil, Romania etc
- Fines and sanctions for attempting to manipulate publicly traded security
- Possible permanent ZTE USA injunction in USA
- Possible suit by NBA for loss of sponsorship revenue/breach of contract
- Antitrust investigation of both ZTE and Google for collusion
- Investigation into all email between ZTE and Google
- Investigation into Google for giving legal advice to ZTE
- ZTE Class action suit by Vrng investors - all investors with any losses from stock sales, options, warrants - this would be from date of initial launch of strategy to wage war to make peace - could be treble damages here also
- Google Class action suit by Vrng investors - all investors with any losses from stock sales, options, warrants - this would be from date of initial launch of strategy to wage war to make peace - could be treble damages here also
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM