MV Portfolios Inc. (fka MVPI)

[BuyLowThenHold]

postyle = that I am glad to have added before they may potentially settle out of Court at only .024 cps!

[postyle]

GOOG's Unopposed Motion for Extension of Time is GRANTED. Google now has until May 1st to respond to the complaint.

[postyle]

CIVIL DOCKET FOR CASE #: 3:14-cv-00274-TJC-JRK
U.S. District Court
Middle District of Florida (Jacksonville)

Date Filed / Doc # / Docket Text
04/02/2014 12 NOTICE of Appearance by Patrick P. Coll on behalf of Google Inc. (Coll, Patrick) (Entered: 04/02/2014)

04/02/2014 11 ORDER granting 8 Defendant Google Inc.'s Unopposed Motion for Extension of Time to Respond to Complaint for Patent Infringement. Defendant shall have up to and including 5/1/2014 to file a response to the Complaint (Doc. No. 1). Signed by Magistrate Judge James R. Klindt on 4/2/2014. (MDC) (Entered: 04/02/2014)

03/31/2014 10 Case reassigned to Magistrate Judge James R. Klindt. New case number: 3:14-cv-274-J-32JRK. Magistrate Judge Patricia D. Barksdale no longer assigned to the case. (DSY) (Entered: 04/01/2014)

03/31/2014 9 ORDER of recusal: the Court directs the Clerk of Court to reassign this case to another United States Magistrate Judge. Signed by Magistrate Judge Patricia D. Barksdale on 3/31/2014. (mr) (Entered: 03/31/2014)

03/28/2014 8 UNOPPOSED MOTION for Extension of Time to File Response/Reply as to 1 Complaint for Patent Infringement by Google Inc. (DeVault, John) Motions referred to Magistrate Judge Patricia D. Barksdale. (Modified on 3/31/2014 to edit text) (DSY). (Entered: 03/28/2014)

03/26/2014 7 PROOF of service by Visual Real Estate, Inc. (Crawford, Angela) (Entered: 03/26/2014)

03/26/2014 6 PROOF of service by Visual Real Estate, Inc. (Crawford, Angela) (Entered: 03/26/2014)

03/25/2014 ***PRO HAC VICE FEES paid and Special Admission Attorney Certification Form filed by attorney Jesse Hindman, Kevin Hamilton, Sean C. Cunningham, Erin P. Gibson, Jacob Anderson, Richard T. Mulloy, appearing on behalf of Visual Real Estate, Inc. (Filing fee $60 receipt number JAX011971.). (BMW) (Entered: 03/26/2014)

03/14/2014 5 CORPORATE Disclosure Statement by Visual Real Estate, Inc.. (Crawford, Angela) (Entered: 03/14/2014)

03/12/2014 4 NOTICE of designation under Local Rule 3.05 - track 2. Signed by Deputy Clerk on 3/12/2014. (Attachments: # 1 Case Management Report form, # 2 Consent to Magistrate Judge Jurisdiction form)(MD) (Entered: 03/12/2014)

03/11/2014 3 Patent Report sent to Alexandria, VA. (AET) (Entered: 03/11/2014)

03/10/2014 2 SUMMONS issued as to Google Inc. (AET) (Entered: 03/11/2014)

03/10/2014 1 COMPLAINT against Google Inc., with Jury Demand (Filing fee $ 400 receipt number JAX11820) filed by Visual Real Estate, Inc. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Civil Cover Sheet)(AET) (Entered: 03/11/2014)

[postyle]

Are you saying the case was settled? Or that you are glad to have added before they may potentially settle?

[BuyLowThenHold]

postyle, I was Lucky to Load up More Today Before the Lawyers say Google Settled out of Court : )

[postyle]

I have added a couple of different times at or under 0.024 in the last 10 days.

Will buy at or under 0.02 if, and that's a big if, the opportunity presents itself.

[BuyLowThenHold]

Chart Indicate Buy Signal Area, According to the Trend Lines, this is an X marks the Spot area according to DayTradingRockStar Radio's Teachings, So I am addiing to my position here at CLGL Tuesday Because Daytrader Rock Star is Usually Correct in his Technical Analysis Teachings and my Horoscope told me there is a Pot Of Gold at the End of Every Rainbow. I am a Big Fan of CLGL

[poetlee]

BuyLOwThenHold,

Thank you for the information. I am holding some shares . Now I do not worry about the shares.

[BuyLowThenHold]

poetlee, it's going to be fine, the R S is Before April 30th can be read in Link Document http://www.sec.gov/Archives/edgar/data/1363573/000135448814000676/clgl_prer14a.htm

All IMO

[poetlee]

It does not look good at all because it is losing share price continually.
When is reverse split ? I suppose this is the reason.

[BuyLowThenHold]

GOT FILLED AT .026 I am Very Happy! GLTA CLGL!!!!

[BuyLowThenHold]

investisseur101 YES, Very Possible Breakout coming Soon. Have Y'All Been Reading the CLGL/Google News here lately?

[BuyLowThenHold]

postyle, THANK YOU for your Very Important Post, I bought CLGL a long time ago on 11-16-2012 for 1 cent and it suddely made me a lot of Money on DEC 27th 2013 and Again and Again on Feb 18th and Feb 20th and I had No Idea why? I had Just bought Low and Sold High with the Stochastic Chart. Now Reading you Post Today, I am going to Buy as many shares as I can for Sure, because CLGL has made me a very Successful Invester and I Feel that I am very Fortunate to be in such Good Company. Thank You! This is a Very Good Board and it has Good Members!!! Good Luck to All!!!

[postyle]

Those seem like reasonable expectations to me, crtdude. At least if things play out well early in the litigation.

Like most of these similar plays, the trick will be to identify the true valuation and to realize profits before the market catches on. At some point after a big run up, there could be a massive dump. I, for one, do not plan to be holding the bag at that time.

[crtdude]

Well stated postyle, thanks for posting the pdf.

I fully agree that there are no guarantees on this but it sure looks like we may see some traction for reasonable upward movement as the case proceeds. I am not expecting gains like some of the MJ stocks with their 2000% runs but I cannot see us not being in the 500% area in due time. The law firm they recruited is quite reputable.

[postyle]

For those wanting to read the complaint...

The PDF document of the Google lawsuit can be found here: Visual Real Estate, Inc. vs. Google Inc. (PDF file)

[postyle]

Well, yes. That is why we are here. This is a company using the CLGL shell to emerge as a new publicly traded intellectual property company.

While there are potentially hundreds of millions to be gained should the company hit a home run against Google, I would caution people from thinking they could win "billions upon billions". There simply are not multiple billion dollar court awards. Realistic expectations are important and I hate to break the news, but the largest surviving patent victories are close to one billion U.S. dollars, but not much more. And those are very rare and the majority have been overturned by higher courts down the line (i.e. the massive awards did not survive) and involved patent infringement on a much larger scale & included the full period of capturing past infringement (6 years).

For starters, with CLGL vs GOOG we are not talking about six years (the maximum allowed by law) of past infringement. The actual complaint alleges infringement since 2011. So it's less than three years. In addition, we do not know the royalty base. Google's Street View and Google Earth products contribute how much revenue? Anybody? Exactly. Google makes 95% of its revenues through advertising. How much can be apportioned to the infringing products and services? Certainly not a majority of revenues.

Now, obviously, the royalty base will be significant - whatever it is. We will just have to wait until the case proceeds to get more information. And then we can hopefully ascertain what potential royalty rate we are looking at. 2% ? 3% ? 5% or more? Again, nobody knows until expert testimony is proffered and we see what the plaintiffs (Visual Real Estate... aka CLGL) are asking for. One nice thing is that VRE has asserted willful infringement against Google. While this doesn't mean that treble damages are guaranteed (triple damages are a very rare outcome in patent infringement judgements), it does increase the potential opportunity and creates additional pressure on GOOG to settle at some point -- especially if the case is not going well for them. But that is getting way, way, way ahead of ourselves.

My first buys were at .03 and my current plan is to let this thing play out while I patiently acquire over the next several weeks. That means adding in tranches as this thing blows in the wind. Most likely I will be buying somewhere in the .02s later this week.

Where we are now is in the early stages of a reverse merger. I have a spec position here because I have historically enjoyed the great rewards of investing very early in pre-revenue patent litigation plays. The market (mainly retail investors and swing traders) is very slow at understanding the fundamentals of these companies, the realistic opportunities that exist, and the true capital structures of reverse merger plays. The tendency is almost always to overstate the potential and to understate the true number of shares that exist on a fully diluted basis. This tends to accelerate valuations and leads to frenetic buying as certain legal events transpire.

Also, I appreciate the individuals backing CLGL. They have a history of success in the IP sector. One of the names associated with MV Portfolios, Inc is Barry Honig. I consider this man to be a rock star when it comes to investing in early stage patent companies. You can see all the involved parties here: http://www.sec.gov/Archives/edgar/data/1363573/000135448814001116/clgl_prer14a.htm

We are very early in this one. Shares will be volatile and trading will be very thin at times leading to terrible price spreads and trouble filling orders. This could go significantly lower before the dust settles. It could also skyrocket in the near future. I do not have a crystal ball and think that it is virtually impossible to guess which way the wind blows in the near future and how strong that wind is... but I think down the line this will return multiples on our early investments. There is a great law firm backing VRE in this litigation (DLA Piper) and Honig knows how to pick winners.

Good luck to all playing this one.

[NAT55611]

Any lawsuit involving such a large corporation as Google could mean billions if won and it seems that this new company is putting up the funds to go after them
Sooo at pennies now I'm willing to buy my lotto ticket now

[poetlee]

This stock is dropping for two days now. With the reverse split coming, what is the future of this stock. I am holding some shares.
Can anybody share some information on the future of this company and the reason of holding this stock ? Thanks

[NAT55611]

Smarter I wish lucky I guess but I'm still buying I never put all in any penny stock and always have funds to buy more just in cause my lucky guess is wrong

[BuyLowThenHold]

I Paid .034 and .04 for CLGL and You waited and were a lot Smarter

[NAT55611]

Now my money is buying at this level

[crtdude]

Oh yes, they are serious.

Very complex equity structure after all is said and done. Key to this is that the post RS shares that are being issued to the patent owner (MV) are severely restricted. So what you think may be a dilutive event really is not at this point.

I think the real big deal is the bump from .03/sh to 3.00/sh after the RS. No hedge fund or institutional investor would be able to touch this at .03. At 3.00 it's a whole different ball game folks.

It may take a while for the suit to proceed, but this is a great entry point I think. We are kind of at the levels where Cuban bought his stake in Vringo a while back.

[banx1]

Interesting infringement lawsuit. Company appears quite serious.

[crtdude]

Additional Confirmation here.

http://patentblast.com/complaint/visual-real-estate-v-google/

[crtdude]

Certainly NOT a PUMP = confirmed suit

Now this is going to be interesting folks. Now we can all see exactly why this seems to be a good business decision on their part in doing the acquisition.

Suit Info as confirmed on US Court site
http://www.flmd.uscourts.gov/casefilings/latestcv.html

3:14-cv-00274-TJC-PDB
Visual Real Estate, Inc. v. Google Inc.
Corrigan 03/10/2014

[postyle]

CLGL files lawsuit against Google (GOOG)

http://finance.yahoo.com/news/visual-real-estate-inc-files-130000944.html

Visual Real Estate, Inc. Files Patent Infringement Lawsuit Against Google Inc.

JACKSONVILLE, FL--(Marketwired - Mar 17, 2014) - Visual Real Estate, Inc., a wholly-owned subsidiary of California Gold Corp. (OTCQB: CLGL) and company founded by Jacksonville inventor and entrepreneur William Meadow, today announced that it has filed a patent infringement lawsuit against Google Inc. in the United States District Court for the Middle District of Florida. The lawsuit claims infringement of three of Visual Real Estate's patents: U.S. Patent number 7,389,181, entitled "Apparatus and Method for Producing Video Drive-By Data Corresponding to a Geographic Location"; U.S. Patent number 7,929,800, entitled "Methods and Apparatus for Generating a Continuum of Image Data"; and U.S. Patent number 8,078,396, entitled "Methods for and Apparatus for Generating a Continuum of Three Dimensional Image Data." Among other things, the complaint identifies Google Street View and Google Earth as infringing Visual Real Estate's patents. The case number is 3:14-cv-00274-TJC-PDB.

"We believe our patented technologies are some of the driving forces behind the demand for street-level imagery and online mapping," said William Meadow, founder and CEO of Visual Real Estate. "Our inventions have made it faster, easier and less expensive to obtain street-level images with integrated location data, which has been a boon to many industries, including real estate, marketing, insurance, property development, tourism and recreation."

Visual Real Estate is represented in the lawsuit by several San Diego and Tampa-based lawyers from DLA Piper, the world's largest multi-national law firm.

[postyle]

I'm in CLGL as of early this AM.

Looking for a fun ride.

[BuyLowThenHold]

NAT55611, Incredible! ,05 on 02-18-14 then .06 on 02-20-14 and the .07's were Calling me again like the Sirens of the Sea, so they must be coming in with the Rising Tide of the Pacific any time now... I am Holding since I re loaded at .04. GO CLGL

[NAT55611]

Buy at .037 or did you mean .027!

[NAT55611]

I may be able to get some more in the 2's like I've wanted

[poetlee]

Yesterday volume spiked up trading at tight range.
After hour, around 3 million shares traded , ending at 0.036. Is this buying or selling ? I am concerned. It will continue to go down if it is selling .Please advise. Thanks

[BuyLowThenHold]

investisseur101 Could very well be a BREAKOUT this week, My Chart says it is alomost at the Oversold level again and it is Below that Breakout MA ready to Pop anytime, so I am watching it also, I am in at .038 and .04 Again because on Dec 13th I did very Well with this Stock so I am Ready for More : )

[investisseur101]

Breakout this week?

[BuyLowThenHold]

.037 Buy, Buy, Buy!!!!!!

[BuyLowThenHold]

I Bought as many of these $0.04's as I could Before the train Leaves the Station...up over 6% today! Great Level!

[NAT55611]

OMG I think I see it too. Cup is being filled with diluted shares and handle is breaking under its weight LOL

[BuyLowThenHold]

YES!!! I do See a Cup and Handle! Now we should see a Breakout Soon according to the Chart.

[investisseur101]

Do you see a cup and handle also? I am all in also

[BuyLowThenHold]

I'm Back and All In at .038!!!!

[NAT55611]

Ohhh well time to wait again for 2s and load up for the wash rinse repeat cycle

[investisseur101]

and why i'ts good? A reverse split is not often good. What do you find good thanks

[l2 hunter]

news is good. 18%+ read it! CHART aslo good! setting after cool off last days for next up turn!

[investisseur101]

News is good or not good and why?

[crudeoil24]

Good luck selling your 200K block.

[l2 hunter]

California Gold Corp. Completes Securities Exchange Agreement With MVP Portfolio, LLC
Print
Alert
California Gold Corp. (QB) (USOTC:CLGL)
Intraday Stock Chart
Heute : Thursday 27 February 2014

Click Here for more California Gold Corp. (QB) Charts.
California Gold Corp. Completes Securities Exchange Agreement With MVP Portfolio, LLC
The Company Completes Private Placement Offering of $2.9 Million and Will Continue Operations as MV Portfolios, Inc.

JACKSONVILLE, FL--(Marketwired - Feb 27, 2014) - California Gold Corp. (the "Company") (OTCQB: CLGL), a Nevada corporation, announced today that it completed a securities exchange on February 7, 2014 pursuant to which the members of MVP Portfolio, LLC, a Florida limited liability company ("MVP"), exchanged 100% of the membership interests in MVP for 9,385,000 to-be-issued, post-1 for 100 Reverse Split shares of common stock, $0.001 par value per share, of the Company. As a result of the securities exchange, the Company will continue the existing business operations of MVP as a publicly-traded company under the name MV Portfolios, Inc. The effective date of the reverse split and Company name change is expected to be on or about March 30, 2014, following completion of the Company's process to solicit the required stockholder vote for the planned corporate changes. Once the reverse split and name change become effective with FINRA, a new ticker symbol will be issued for the Company's new name.

On February 7, 2014, concurrent with the closing of the securities exchange, the Company completed the closing of a private placement offering of its 10% convertible promissory notes for gross proceeds of $2,942,495 (before deducting placement agent fees and expenses of the offering). The notes sold in the private placement and the securities into which the notes will be convertible have not been registered under the Securities Act of 1933 and may not be resold absent registration under, or exemption from registration under, such Act.

William D. Meadow, Founder and Chief Executive Officer of MVP Portfolio, commented, "We are pleased to have completed this securities exchange and related private placement which will enable us to embark upon efforts to license our technology and commercialize location based services and geospatial information systems. MVP has gathered an experienced team of inventors and patent experts who will focus on licensing our portfolio. We look forward to providing updates to our shareholders as we achieve future milestones."

Company Overview:
MVP is engaged in the business of patent licensing and supporting commercialization under its intellectual property. The Company owns a patent portfolio related to online mapping which has been used in various commercial enterprises by predecessors and licensees.

[l2 hunter]

GLGL BIG NEWS OUT!! ON FIRE

[NAT55611]

I'm waiting I got out a little higher up but the fall seems to be faster than the rise so I will buy again shortly

[BuyLowThenHold]

I am Buying All I can this Morning Again. I Sold Everything at .04 and I am Regretting it, so I am getting back onboard. ALL Aboard!!! Go CLGL!!!!

[NAT55611]

Sold all out and may regret but greed will kill your account real quick