Finjan Holdings Inc (FNJN)

[lbcb123]

You continue to play the ignorant buffoon. I was here pointing out all the GOOD things about them long before you were aware of them from the promotional campaign.

The best thing was they could use licensing/litigation revenue to fund their business units instead of using dilution. They bragged how they were "stingy" with issuing more shares. I thought their business model of the consulting unit and the mobile browser were sound and showed promise.

Then CybeRisk fell apart after they guided it would be accretive to earnings by the end of last year. They keep giving us the runaround now with their "thought leader" spiel, but the fact is it is basically defunct.

Finjan Mobile had great reviews for the early version of their browser and raced to 100K downloads. I now wonder how many of the downloads/reviews were fabricated and how many were real. Gen 4 is a year late and they still have to give it away for free. They didn't even put out a PR that they issued Gen 4 when they guided this was their big emphasis and marked the turning point to recurring revenue for the company.

You were late to the party so you don't understand all the lies and missed guidance. The markets are forward looking. The ignorant like yourself look at one-off revenue and extrapolate it out as if it were recurring. It doesn't work that way. You can believe you are smarter and better informed than every institution and insider. The FACT remains that 3 of the top 4 holders are bailing and not one executive or BOD member has EVER purchased a single share of stock with their own money and they even sell 40% of their FREE shares to cover taxes as they are issued instead of using their own cash.

Once again... no skin off my nose if you want to keep your head in the sand. I only post once in awhile now to let all those I recommended this stock to around a buck that the fundamentals have changed and it is time to protect profits and move on.