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Has anyone heard anything official from MagicJack with regards to the patent lawsuit by NetTalk NTLK? NTLK stands to gain a tonne of cash once this goes through, not good news for CALL, great news for NTLK, which is trading at 0.08.
Anyone hear anything?
Cant wait until lawsuit is complete! :)
yes the law suit from NTLK net talk.
MJ has infringed upon ntlk copy right/ patent laws
could be a very interesting outcome....
keep calm and chive on.. ha ha ha
Cant wait until lawsuit is complete! :)
yes the law suit from NTLK net talk.
MJ has infringed upon ntlk copy right/ patent laws
could be a very interesting outcome....
keep calm and chive on.. ha ha ha
I notice they've gone from the MJ plus to a newer model?
Probably after finding the MJ plus DOESNT "plug into a modem and go".
I wonder if there will be any repercussions from that?
This is what is causing problems
starbuxsux Member Level Friday, 05/23/14 02:22:03 AM
Re: MWM post# 204
Post # of 246
netTALK Prevails in Patent Reexamination by the United States Patent and Trademark Office Patent Enforcement Litigation Resumes
MIAMI and WEST PALM BEACH, Fla., May 21, 2014 /PRNewswire via COMTEX/ -- NETTALK.COM INC. ("netTALK") (OTC:NTLK) announced that it received a United States Patent Office ("USPTO") Ex Parte Reexamination Certificate ("EPRC") for netTALK's U.S. Patent Number 8,243,722 (the "'722 Patent"), which is owned by netTALK. The EPRC signifies the termination of the reexamination. All three claims of the '722 Patent survived the reexamination proceeding.
netTALK sued magicJack VocalTec, Ltd. ("magicJack") (Nasdaq:CALL) and other defendants on September 21, 2012, in the United States District Court for the Southern District of Florida for infringement of the '722 Patent. That case was stayed pending the outcome of the reexamination. The District Court has lifted its stay order to allow the infringement litigation to proceed. The case is currently scheduled for trial.
According to Anastasios "Takis" Kyriakides, Chief Executive Officer of netTALK, "We are very pleased, although not surprised, that the USPTO terminated the reexamination of the '722 Patent, and are even more pleased that our case against magicJack and the other defendants can now proceed. We intend to vigorously pursue this litigation, in which we are seeking, amongst other things, substantial monetary damages and an injunction prohibiting the future sale of the magicJack Plus and magicJack Plus 2014 devices. Clearly, with that level of materiality to the Company, this is a top priority for us now and going forward."
netTALK was represented in the reexamination by Joseph R. Englander, Esq. and Daniel J. Barsky, Esq. of Shutts & Bowen LLP.
Case # 9:2012cv81022 Court: Florida Southern District Court
This press release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this press release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements. Such factors are detailed in Net Talk.com, Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2013 and subsequent reports filed with the Securities and Exchange Commission.
PDF - http://origin-qps.onstreammedia.com/origin/multivu_archive/ENR/90098-6470438-1-FTLDOCS.pdf
SOURCE NETTALK.COM INC.
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I think it probably has more to do with the tense situation in Israel today than anything else.
I think it probably has more to do with the tense situation in Israel today than anything else.
Bought some this morn about an hour ago….just the common at 13.68 hope I want them. Nervous about earnings.
I think something is up........buy out...merger. Etc......
Seems like some nice consolidation going on last couple weeks....and then this big shake out........
I know they have like zero debt....and over $67,000,000 in cash.........personally think it's a great time for some calls.....timing is the hard part...
GL
Any body know why CALL is down almost 9% here today? Am thinking of re-entering but….hmmm
netTALK Prevails in Patent Reexamination by the United States Patent and Trademark Office Patent Enforcement Litigation Resumes
MIAMI and WEST PALM BEACH, Fla., May 21, 2014 /PRNewswire via COMTEX/ -- NETTALK.COM INC. ("netTALK") (OTC:NTLK) announced that it received a United States Patent Office ("USPTO") Ex Parte Reexamination Certificate ("EPRC") for netTALK's U.S. Patent Number 8,243,722 (the "'722 Patent"), which is owned by netTALK. The EPRC signifies the termination of the reexamination. All three claims of the '722 Patent survived the reexamination proceeding.
netTALK sued magicJack VocalTec, Ltd. ("magicJack") (Nasdaq:CALL) and other defendants on September 21, 2012, in the United States District Court for the Southern District of Florida for infringement of the '722 Patent. That case was stayed pending the outcome of the reexamination. The District Court has lifted its stay order to allow the infringement litigation to proceed. The case is currently scheduled for trial.
According to Anastasios "Takis" Kyriakides, Chief Executive Officer of netTALK, "We are very pleased, although not surprised, that the USPTO terminated the reexamination of the '722 Patent, and are even more pleased that our case against magicJack and the other defendants can now proceed. We intend to vigorously pursue this litigation, in which we are seeking, amongst other things, substantial monetary damages and an injunction prohibiting the future sale of the magicJack Plus and magicJack Plus 2014 devices. Clearly, with that level of materiality to the Company, this is a top priority for us now and going forward."
netTALK was represented in the reexamination by Joseph R. Englander, Esq. and Daniel J. Barsky, Esq. of Shutts & Bowen LLP.
Case # 9:2012cv81022 Court: Florida Southern District Court
This press release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this press release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements. Such factors are detailed in Net Talk.com, Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2013 and subsequent reports filed with the Securities and Exchange Commission.
PDF - http://origin-qps.onstreammedia.com/origin/multivu_archive/ENR/90098-6470438-1-FTLDOCS.pdf
SOURCE NETTALK.COM INC.
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As of Saturday, 05-17-2014 23:59, the latest Comtex SmarTrend? Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-17-2012 for CALL @ $18.62.
For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright ? 2004-2014 Comtex News Network, Inc. All rights reserved.
-0-
KEYWORD: Florida
INDUSTRY KEYWORD: TLS
TCS
SUBJECT CODE: LAW
Now we know why CALL has been down seven days straight. NTLK will own them after yesterdays news.
http://www.otcmarkets.com/stock/NTLK/news
$14's stuck their ugly head out...CALL really took a crapper here after earnings...still holding powder for a bounce play
$15'S ARE UPON THEE...Will wait to see what happens at 200ma
Glad I never hold through earnings. Growth…..what growth? Will keep CALL on my radar but not on my #1 watch list unless the shares retreat to the 12-13 range. Best of luck to all….
Well, that was ugly! Maybe now we can get back to the long term game plan optimism. Yeah, yeah, that's the ticket!
This is good news, but will keep an eye for shares in the $15's
magicJack Announces Strategic Commercial Agreement With Telefonica, S.A. to Sell magicJack Products and Services in Latin America
4:08 PM ET 5/12/14 | GlobeNewswire
-- Agreement provides framework for entering multiple Latin American markets
-- Includes sale of both magicJack device and magicJack APP
-- Pilot to be launched in Second Half of 2014
magicJack VocalTec Ltd. (Nasdaq:CALL), a leading cloud-based communications company, today announced that it has entered into a Strategic Commercial Agreement with Telefonica, S.A., a leading global telecommunications company. The agreement provides a framework under which magicJack products and services, including the magicJack device and the magicJack APP, can be sold in multiple countries throughout Latin America.
The agreement is subject to the completion of a country-specific agreement for each market. magicJack is currently working on a pilot to be launched in the second half of 2014. If the pilot yields positive results, magicJack plans to implement an accelerated rollout of magicJack offerings backed by aggressive marketing efforts in Central and South America towards the end of 2014 and into the beginning of 2015. The offerings will be co-branded with magicJack, with specific branding strategies to be set on a country-by-country basis.
Telefonica, S.A. has approximately 185 million mobile customers and 25 million landline customers in Latin America, and generated approximately $58 billion in consolidated annual revenues in 2013.
"This agreement is a significant first step in implementing our international distribution strategy," said magicJack VocalTec President and CEO Gerald Vento. "Through our longstanding relationship with senior leadership at Telefonica, we have the opportunity to significantly accelerate the near-term adoption of our device and APP in key markets in Latin America. Our focus is now squarely on making sure we finalize plans for the pilot. While it is too early to project financial results, based on our assessment of the markets so far, we are confident that we and Telefonica can introduce strong offerings into the marketplace at compelling price points."
About magicJack VocalTec Ltd.
magicJack VocalTec Ltd. (Nasdaq:CALL), the inventor of magicJack and a pioneer in voice over IP (VoIP) technology and services, is a leading cloud communications company. With its easy-to-use, low cost solution for telecommunications, the Company has sold more than 10 million award-winning magicJack devices, now in its third generation, has millions of downloads of its free calling app, and holds more than 30 technology patents. magicJack is the largest-reaching CLEC (Competitive Local Exchange Carrier) in the United States in terms of area codes available and number of states in which it is certified.
Forward Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, contained in this press release, including statements about the future impact of entering into the Strategic Commercial Agreement with Telefonica, S.A., the completion of country-specific agreements, the selling of the magicJack device and the magicJack APP in Latin America, and the timing and launch of a pilot program as well as the rollout to multiple markets, are forward-looking statements. Many factors could cause our actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. These factors include, among other things: our inability to develop and complete country-specific business plans and agreements, our inability to launch the pilot program within the contemplated timing or achieve the expected results from the pilot program, our inability to rollout the offerings to additional markets even if the pilot program is successful, changes to our business resulting from increased competition; any operational or cultural difficulties encountered as a result of entering into the Strategic Commercial Agreement with Telefonica, S.A.; unexpected costs, charges or expenses resulting from the implementation of the Strategic Commercial Agreement; our ability to develop, introduce and market innovative products, services and applications; our customer turnover rate and our customer acceptance rate; changes in general economic, business, political and regulatory conditions; availability and costs associated with operating our network; potential liability resulting from pending or future litigation, or from changes in the laws, regulations or policies; the degree of legal protection afforded to our products; changes in the composition or restructuring of us or our subsidiaries and the successful completion of acquisitions, divestitures and joint venture activities; and the various other factors discussed in the "Risk Factors" section of our Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Such factors, among others, could have a material adverse effect upon our business, results of operations and financial condition. We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
magicJack(R) is a registered trademark of magicJack VocalTec Ltd. All other product or company names mentioned are the property of their respective owners.
CONTACT: Seth Potter
Investor Relations
561-749-2255
ir@vocaltec.com
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http://www.globenewswire.com/newsroom/ti?nf=MTMjMTAwODEyNzgjMTMwNDc=
magicJack Reports First Quarter 2014 Financial Results
Total net revenues of $35.3 million
Access rights renewal revenues were $15.4 million, up from $14.8 million in Q413
Generated $14.2 million in operating cash flow, up 120% from Q413
GAAP operating income of $7.6 million, adjusted EBITDA of $11.6 million
GAAP diluted EPS of $0.30; non-GAAP diluted EPS of $0.53
Cash, cash equivalents and investments of $67.3 million and no debt
Maintaining revenue and profitability guidance for FY14
Additional First Quarter 2014 and Recent Highlights:
magicJack APP had 8.4 million registered APP users as of March 31, 2014, a quarter-over-quarter increase of 21%.
As of March 31, 2014, magicJack had an estimated 3.1 million active MJ subscribers, which we define as users of MJ or MJP that are under an active subscription contract.
magicJack activated 196,000 subscribers during the first quarter of 2014. Activations are defined as devices that become activated on to a subscription contract during a given period.
During first quarter ended March 31, 2014, magicJack's average monthly churn was 3.3%.
magicJack announced a strategic commercial relationship with Telefonica to sell magicJack products and services in Latin America.
magicJack expanded its senior management team to include Anthony Russo - Vice President of Mobile.
magicJack released the updated magicJack mobile app - rebranded as magicApp - for free calling on Android devices. The updated magicApp offers free worldwide over-the-top calling and more streamlined account activation as well as a refreshed look and user experience.
http://www.vocaltec.com/releasedetail.cfm?ReleaseID=847270
magicJack Reports First Quarter 2014 Financial Results
Total net revenues of $35.3 million
Access rights renewal revenues were $15.4 million, up from $14.8 million in Q413
Generated $14.2 million in operating cash flow, up 120% from Q413
GAAP operating income of $7.6 million, adjusted EBITDA of $11.6 million
GAAP diluted EPS of $0.30; non-GAAP diluted EPS of $0.53
Cash, cash equivalents and investments of $67.3 million and no debt
Maintaining revenue and profitability guidance for FY14
Additional First Quarter 2014 and Recent Highlights:
magicJack APP had 8.4 million registered APP users as of March 31, 2014, a quarter-over-quarter increase of 21%.
As of March 31, 2014, magicJack had an estimated 3.1 million active MJ subscribers, which we define as users of MJ or MJP that are under an active subscription contract.
magicJack activated 196,000 subscribers during the first quarter of 2014. Activations are defined as devices that become activated on to a subscription contract during a given period.
During first quarter ended March 31, 2014, magicJack's average monthly churn was 3.3%.
magicJack announced a strategic commercial relationship with Telefonica to sell magicJack products and services in Latin America.
magicJack expanded its senior management team to include Anthony Russo - Vice President of Mobile.
magicJack released the updated magicJack mobile app - rebranded as magicApp - for free calling on Android devices. The updated magicApp offers free worldwide over-the-top calling and more streamlined account activation as well as a refreshed look and user experience.
http://www.vocaltec.com/releasedetail.cfm?ReleaseID=847270
Looking for 10% to 12% move in either direction. I will put on a straddle and see where it goes.
Any body holding through earnings after the bell on Monday?
New Seeking Alpha article dials up the brighter side of CALL.
http://seekingalpha.com/article/2189803-magicjack-vocaltec-the-future-is-bright
To many things to figure out in this spider-waved -complex world :)
Ruckus Wireless (RKUS) is trying to take care of that
Magic Jack is good but longer term..I think..they'll be dead..Now people can skype/gmail video call, facebook video call - all for free. But of course..there must be internet all over the world - which has not happened yet.
This seems like one of the ones that they played endlessly
No need to validate bro...I know and respect you Which is why I'm rooting for you but as I know and have traded CALL for years I feel unless there is some game changing ridiculous news like Vonage is going to buy them out for $30 a share I just don't see where the $40.00 is going to come from this year
those are the new ones ~
They're ALWAYS on cnbc and Bloomberg radio stations if you're familiar with NYC
Here's a new one...
http://www.ispot.tv/ad/7Btd/walmart-magicjack
This was my first article of 2014 : http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98823811
I made plenty of money on the first & second run up from $13 to $25 ~ have SEPT 25 calls been holding for a while and continue to hold and make money on run up number 3
When have you seen one?
I read this when you first posted it...how's your call going so far?
Not trying to be an ass but from the looks of it you may have called it wrong?
??? How can that be true ??? The amount of MagicJack commercials on the radio and TV is enough to make you want to kill yourself lol
magicJack Hitting Headwinds Of Slowing Growth And Competitive Pressures
http://seekingalpha.com/article/2174043-magicjack-hitting-headwinds-of-slowing-growth-and-competitive-pressures
YES coming back... As far as SA, i just use it like I do with any other piece of data, news...ect - as a piece of my investing thesis.. i sure take anything writing in their with a grain of salt, and I dont use it much, if at all...
Would love to see CALL back over $20 tomorrow! Have a great afternoon!
CALL really coming back now with the market. My own opinion is they need to regulate SA better. Stocks do move on these pieces and sometimes I notice two different SA writers taking different stands on the same company….who do you believe? I only read SA for bits of information but they should not be allowed on some sites like Yahoo Finance where there are many many eyes. Thanks….good luck to all with CALL.
Shorts taking advantage I would guess... also dont like that the ex ceo is blasting the company on Seeking Alpha... still love it longer term and hold SEPT 25 calls and april 22.50/25/30 (worthless now)
Jimmybob…any idea why the shares are down a lot today? I re-loaded a partial position this morning. Thanks.
Dude plenty of chit disappears after a year, I wouldn't assume its a conspiracy...
If that was the article that discussed the founder being shady, I'm sure you can still find plenty on the subject...
Just because Tilson and others are pushing it now, that does not change the shady beginnings around this one...
so what? so the truth doesn't withstand the test of time anymore?
It's over a year old?
What happened to that piece you linked here? Seems like someone wanted it out of circlation
CALL .... amazing run, let's see if she has the juice to do it again this next quarter.
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magicJack is a device that plugs into a USB port on the user's computer and that has a standard RJ-11 phone jack into which any standard phone can be plugged. This allows the user to make phone calls to almost any phone in the U.S. and Canada. It is a computer peripheral that, in combination with telephony service from the related YMAX Corporation, provides Internet-based telephone service (VoIP) to the United States and Canada. The firm's primary product is a USB device that holds both the software necessary to place Internet-based telephone calls via a customer-supplied high-speed internet connection and the electronics (technically known as a SLIC, or Subscriber Line Interface Circuit) which allow conventional landline telephones to be plugged directly into the device. The products are promoted through television infomercials and a website.
The company's website attributes the invention of magicJack and the founding of YMAX to Dan Borislow, who has numerous patent claims pending on voice-over-IP (VoIP)-related technology.
The magicJack device works exclusively with the company's captive landline supplier and CLEC (Competitive Local Exchange Carrier), YMAX.
Voicemail is stored on the magicJack servers and is delivered via email.
In January 2010, MagicJack announced that it plans to sell an inexpensive femtocell that will allow any GSM cell phone to make calls over its VoIP network without service from a traditional cellular provider. As of August 2010, the project is on hold until a supporting partner is found to "get around legal restrictions on the use of licensed spectrum."
Downloadable feature upgrades for the magicJack USB dongle are available from third-party software companies.
In July 2010, YMAX (the creator/owner of MagicJack) merged with VocalTec to form magicJack VocalTec Ltd (NASDAQ: CALL)
REVIEWS
In January 2008, PC Magazine reviewed magicJack and rated it as Very Good. It also received their Editors' Choice award. In February 2009, PC Magazine re-reviewed magicJack because of dozens of complaints received about the support for the device. As a result, PC Magazine reduced its rating of magicJack from Very Good to Good.
Consumer Reports gave magicJack a thumbs up in the February 2010 print issue.
Magic Jack's outsourced Customer Service is, however, a drawback for the company's reputation. In 2008 the BBB gave their customer care an "F" grade, which the company has yet to address as late as Q1 of 2012. Complaints from billing to number conflicts populate a web search using Magic Jack complaints, and with an ineffective customer service system these have hurt the image of an otherwise unique service.
On January 20, 2012, magicJack boosted their rates for all users including magicJack Plus device customers. However, they are not offering any new services and features to current users for the price increases. magicJack also offers unlimited long distance and local calling minutes.
Local number portability
Limitations
Starting on September 1, 2011, customers are now being offered local number portability by paying a nominal fee, although the service is still in beta testing Previously users were not able to keep their existing phone number if changing to MagicJack.
According to their EULA (End User License Agreement):
3.b Outgoing Calls: "Once you have registered your magicJack device you have agreed to these Terms of Service. You may now elect to choose the feature allowing you to make free outgoing calls over the Internet. You can make free calls to other magicJack device users located anywhere in the world, and to subscribers on traditional telephone networks or wireless networks in the United States. You will not have the ability to call any number that would require the addition of any charges to your phone bill, such as 900 or 976 numbers or any other 'fee per call' type service."
As of November 2007, magicJack had not provided an uninstallation method either in the software or as documentation. Since 2010, the version for the Windows platform has the uninstaller capability accessible through the "Add/Remove Programs" in the Control Panel MagicJack Plus
In March 2009, MagicJack took legal action for defamation against Boing Boing over its assessment of MagicJack's terms of service,which included assertions that the MagicJack End User License Agreement (EULA) allows the company to "snoop" on users by analysing their calls for the purpose of targeting advertising and that the EULA requires users to waive the right to sue in court.MagicJack's suit was determined to be a strategic lawsuit against public participation and dismissed. MagicJack was also ordered to pay Boing Boing's legal expenses of $50,000 US.
On June 24, 2009, CANADIANMAGICJACK.CA LTD, filed a lawsuit against magicJack LP with the Supreme Court of British Columbia, Canada, Vancouver Registry (No. S-094744)..
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