Finjan Holdings Inc (FNJN)

[lbcb123]

Not sure why you are getting your feathers ruffled, I'm not being confrontation with you.

Huh? My feathers aren't ruffled and I never said you were being confrontational. I am giving factual information that anybody can verify or ignore.

They had stated previously that "it could be millions" by the end of the year.

Yes. Earlier in the year they had stated they hoped to be revenue-neutral by the end of the year for CybeRisk and I pointed out that guidance from a call a couple months ago where they stated "could be millions" by the end of the year. It isn't the end of the year yet. We don't know what CybeRisk is doing in 4Q yet. They obviously guided that revenue would be picking up near the end of the year. I'm not concerned if it is recognized in this quarter or next as long as they can give some positive guidance on number of clients and/or contracted revenue even if it gets spread out over a few quarters.

Feel free to jump on guidance for periods that have not finished yet. I feel this is grossly unfair, but you are welcome to have whatever opinion you wish.

Do you know the terms of the preferred share financing?

Of course I do. They are going to pay millions to use the cash for over a year. The alternative would have been about a 50% dilution in outstanding shares. When the preferred shares are all redeemed there will still be only 23M shares outstanding. It was a GREAT deal for shareholders under the circumstances.

Once again... you are entitled to whatever opinion you wish. I will keep posting verifiable facts directly from publicly available information and sprinkle in my own opinions on how they relate to the future prospects. Good luck to you.