XpresSpa Group Inc (XSPA)

[Stoppatentthieves]

Excellent post arper.
I thank both you and Rain for explaining your positions in an
intelligent way. I, like many underwater longs here, invested in this
company based on the perceived competence of the management team and
Stout in particular. While their legal expertise is not in doubt,
their strategic judgement has been shaky at best. The unfortunate
CAFC decision notwithstanding, one has to question:

1) Whether going after two of the biggest, most intransigent companies
in the patent space before securing the finances of the company
through smaller deals (as other companies have done) was wise?

2) Whether their levels of executive compensation were excessive?

3) What, if anything, Lang has contributed to the company (aside from
being the inventor of the search patents)?

4) Whether they will ever conclude a patent licensing deal which involves substantial recurring revenue?

5) Whether flicharge will gain a foothold in the charging market?

I agree with Rain that the company is undervalued and remain long
but to say that this investment has been a disappointment is an understatement!

Let's hope that 2016 will be a better year.