Finjan Holdings Inc (FNJN)

[lbcb123]

Israel Seed was selling at $1.50. That is what they thought the stock was worth. BCPI began selling last year every time it approached $2. That is what they feel the stock is worth.

It is interesting you use the phrase "interest from the public". The interest all came from a coordinated promotional campaign utilizing numerous pump & dump newsletters and websites. One fact remains... there hasn't been anything new known since the stock traded at $1.68. I have always said this could be made to look good on paper. The ignorant don't understand there isn't any recurring revenue. Both of their business units have floundered. CybeRisk was the big emphasis last year. It's head bolted and it has pretty much shut down since. A look at "careers" on the website shows they aren't even trying to hire anyone anymore for this unit. Finjan Mobile became the emphasis once CybeRisk failed. They have continuously missed deadlines and it is unknown if it will ever gain traction.

The patent portfolio is mature. Patents actually begin expiring this year. There are still some future prizes, but the pool of possible licensees is reduced. It is only economically viable to go after a handful more through the courts.

I would be amazed if it doesn't backfill to under $2. Go into this with realistic expectations and make some money. The newbies are going to get burned and leave bitter. It is probably Israel Seed or BCPI that paid for the promotion.