Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Even with a volume of 30+ mm share trade on the day of mandamus petition denial by the Fed Circuit the price shift dropped a fraction of a penny.
How much volume will it take for an up move of a penny or more in the (OTC) market?
Volume precedes the price, followed by news. The closer to the final ADR report's April deadline, the more is the speculation.
No problem. The next 10Q may have answers.
DB,
No announcement about missy's shares or the lawsuit status.
In the meanwhile, the CEO is returning his 621 million shares as part of anti-dilution. Have these shares joined the share pool for trading? How it will impact the outstanding share count?
FYI.
Last week's actions taken by the Indian govt. presents new problems to VPLM's patents. The govt. abolished all semi-legal resolution agencies on Patents, copyright, trademarks, IP issues, Art, movie, music and literature, etc. These agencies were run by people with expertise in the respective areas and could resolve on an IP dispute, without going to the regular court and waiting for decades to argue the case. Almost like PTAB.
Their courts are undermanned and cases take decades to resolve. Hugely rich businesses now control everything there.
>>...Samsung...<<
Samsung (S. Korea) or some US companies like AMZN, FB, etc. possible. The question is how the buyer will monetize VPLM patents - suing infringers for damages and licensing and which jurisdiction.
Remember VPLM head quarters is in TX, Judge Albright in TX. TX deals with businesses in a totally different way compared to CA.
Agree. The new CFO is just cleaning up, so the stocks given as part of compensation has some value (undiluted by the anti-dilution shares given free to the CEO). An impending deal may not be driving this move. jmo.
>>...a friend of the court...<<
Who or which group represents a "friend of the court"? Appreciate a bit of clarification.
A buy out may be just a rumor. A settlement has a remote chance. May take close to the end of April to see the unusual trading activity in terms of share volume and price, as ADR report is due. jmo.
NDCal case ADR is still in progress. Koh still thinks she has the subject matter jurisdiction over VPLM patent 606 contrary to Hudnell's assertion, no first to file, proper venue issues, etc. How a company that buys will handle or settle the legal issues? No clear answers for the above.
will a company that buys out honor the agreements like anti dilution, or where the legitimate share-owners are and if they get paid for the shares held, etc.?
Of all countries having economic problems due to COVID 19, China is doing well and has stronger economy. Tik-Tok! Maybe they figured out VPLM patents can make money in China.
>>... short positions...<<
Short positions in a a penny stock???? Not even a naked short!
>>...my guess is a sale with dreams of double digit dollars has been accepted at lower single dollar levels...<<
Maybe a Chinese or S. Korean company can throw some money like that.
Agreed! Not needed for licensing.
It is a merger with company officers located in TX, or a buy-out with a stock swap purchase which requires restructuring of corporate shares-capital structure, debt, balance sheet, etc. Buy out may be unlikely before resolving the pending legal issues. Something is afoot. jmo.
Agree! CEO's "lock" on the company shares hurts potential deals. A single person holding 40% shares can make or break a deal. The market does not seem to like the cancellation? 40% antidilution might have increased the no. of new shares, by issuing more shares to the CEO to meet the anti-dilution condition.
Hoping a positive outcome from ADR.
>>...Cancels Anti-Dilution Provision...<<
It is about time Emil drops his "lock" on the company.
DB said the same thing about next week's trading activity. Similar expectation. We shall see.
Great news! It proves the point: AAPL and other infringers will try hard to escape claim construction.
DB, thanks for posting the ipwatchdog link.
Going against QCOM (trading at $139/share) may be tough for AAPL. A decade ago, QCOM's CDMA patents were fundamental to cell phone communication and cell towers. (CDMA - code division multiplex access). Many cell phone companies licensed it and paid royalty. Then came other variants like TDMA.
A significant portion of QCOM's business is from royalty revenues from licensing their patents. All cell phones used their CDMA technology at the time. Many people know this.
Not only QCOM is formidable but AAPL continues to invalidate PTAB rulings. AAPL argued and failed against VPLM at the PTAB; followed with a Fed Appeals case where justice Reyna shot down AAPL. Need sensible judges like Reyna, not geriatric patients on Fed Courts or a clueless, arrogant woman.
A thumb nail view of the all VPLM cases, denials and appeals so far, has to do with defendants trying hard to escape a simple claim construction step which can include testimonials from experts. The clueless woman skipped it for whatever reason while a majority of the courts were applying the Alice test as the last step after the claim construction. In Waco, Judge Albright went right to claim construction. There! Defendants would not allow claim construction to happen and want to block it using the erroneous Alice ruling from NDCal to their advantage. They run to the clueless woman's lap who, in turn, issues a declaratory judgement ruling and goes further to include the 606 patent in the mix under the pretext of not creating a controversy between Dist courts. Isn't she afraid of being caught "red-handed" if Albright's claim construction step proves her errors? Mr. Hudnell argued hard but the Dist and Fed courts are totally "blind and deaf". Inexperienced interns out from law schools must be helping the geriatric patients on the Fed courts. The rulings from FED courts read like an intern's inexperience with patents.
Why US Court judges (even the Supreme Court) do not accept PTAB's ruling on VPLM's validated claims? The judges know patents better than PTAB?
Even the current ADR discussion is a "smoke screen" to avoid Albright's claim construction in Waco. Hope for VPLM to successfully get out of NDCal court's "grips" and move on to Waco. At what cost? That is the sad state of affairs in the US courts. jmo
After years of cold, bad wind blowing from geriatric wing of the Fed Courts and a clueless woman, MayDay sunshine will be most welcome.
12-0 PTB win and Justice Reyna's bombshell ruling against AAPL. Why defendants are afraid of facing a claim construction in Albright's courts?
DB,
>>...VPLM/Mr. Hudnell do not dictate the timeline of the courts/process. Things are developing very nicely and the price of the stock suggests so...<<
Agree we do not control the timeline. I share your optimism and hope for the best. Trading volume and price changes seem to support it.
>>... I’m a little confused when you stated, “I’m not sure VPLM is a buyout candidate based on one settlement “, as well as, stating, “more details of the settlement (damages, plus license), needed to estimate the cash flow and value of the stock”. This seems to be extremely misleading, IMHO
PLEASE EXPLAIN WHERE YOU'RE COMING UP WITH ANY MONETARY SETTLEMENT?? ...
Please elaborate more on exactly what you mean, if you don’t mind. I’m sure others want to know, as well...<<
No explanation nor elaboration is needed here because HD's query was HYPOTHETICAL. Accordingly the responses were HYPOTHETICAL too!
We have no access to facts viz. company news, SEC or court doc. Nobody has claimed a settlement or final ADR resolution.
Specific points are in red.
Would potential buyers come forward in droves to buy up VPLM?
Not sure if VPLM will be a "buy out" candidate based on one settlement. Other technologies/patents have not been tested in the courts yet.
- Will the stock price move up to significant new highs?
It is already happening, albeit slowly. More details of the settlement (damages plus license) needed to estimate the cash flow and value the stock.
Investors use various Stock price evaluation methodologies depending upon the type of business, assets, free cash flow, revenue, no. of subscribers, etc. A methodology is not to be confused with "inside information".
HayDay,
Thanks for continuing your optimistic messages about settlements. A recent NDCal document 75 from VPLM offers to dismiss all cases, related to 872 and 606, against AAPL, TWTR, VZ, ATT, and VZ effective July 22, 2021 before Koh of the US NDCal.
Details within this document seems to support your posts about settlements talks but not a "buy out".
Possible responses to your query:
What if penalties/fees were approved by NDCA defendants to have current cases dropped. We wish they agreed on damages, not sure about penalties.
- Would vplm patents take on a new valuation?
When the amount of damages and royalty license are revealed, the market can value the two RBR patents in dispute. Not all of other 20 or so patents will be valued. Doubt if the business details will be revealed to the public and may be protected from other infringers to be sued. This why a business person, CFO Williams, has been hired to navigate. Although Mr. Hudnell is skillful at negotiating a settlement and legal terms, VPLM needs a business executive type to formulate long and short term strategies to grow the company and add value to the stock.
- Would concerns grow by all the other infringers? Possibly!
- Would potential buyers come forward in droves to buy up VPLM?
Not sure if VPLM will be a "buy out" candidate based on one settlement. Other technologies/patents have not been tested in the courts yet.
- Will the stock price move up to significant new highs?
It is already happening, albeit slowly. More details of the settlement (damages plus license) needed to estimate the cash flow and value the stock.
- With cases dropped late yesterday and no official news release yet by VPLM, what announcement will be presented today and when?
cases were not dropped yesterday. The drop date: July 22, 2021 before Koh of the US Dist. Court.
The parties may continue discussion until then. If they do not reach a conclusion, VPLM may cancel the motion to dismiss cases and resume, claim construction, etc. in Koh's court. Mr. Hudnell has not given up any of his original stipulations for 872 and 606 patent claims: lack of personal and subject matter jurisdiction, etc. jmo
If at all any settlement happens, NDCal's clueless Koh's court is probably the most favorable place. If they don't settle, Koh may be the one to give the certification for the interlocutory appeal. Mr. Hudnell maintains clueless Koh does not have personal jurisdiction over VPLM.
Judge Albright's court awarded a sizable damage against Intel. AAPL and their buddies have to figure out a way out soon.
The geriatric ward of CAFC seems to uphold PTAB decision, admitting PTAB KNOWS patents.
HayDay
Any clue you can give us?
>>... Which of these initial large companies is a parent company that has an entity company with the sole purpose of buying patents and collecting fees? Final...<<
Which entity that does the IP business?
BTW, are you sure the result of negotiation will be known by the end of this month and the stock price will respond? Maybe a delay possible?
HayDay,
The following is hard to believe. It is possible for a buyout offer to come up during negotiation but companies (VZ, AAPL, TWTR, et al.) may not let a buyout to interfere in resolving the infringement issues. They want to move on and not spend years in the court.
None of the companies that VPLM is suing will consider buying VPLM patents and start suing others to make money. Maybe Mr. Hudnell can start another small IP firm that engages in suing for infringement and collecting royalties. VPLM management is getting old and may want to cash out if Mr. Hudnell makes an offer. jmo.
>>...Final purchase will be at least a buck, which the buyer having corporate power, money and legal support will re-coop within the first six months...<<
If someone else can recoup the buyout money in 6 months, why haven't they bought it yet?
April 9th??!!
Today's date March 14, 2021
Foreign patents
The only country that has favorable court structure to sue patent infringement cases is Germany. Germany has several small courts with slightly different procedures. France, UK, India, Indonesia may be a waste of time. After a few settlements in US that establish a value for VPLM patents, it may be better to sell these patents to foreign companies doing business in those countries and share royalty/damages.
HayDay,
Thanks you for providing encouraging tidbits. Trying to connect the dots as usual, VZ name perked the interest. Were they breaking out of the pack organized and abused by AAPL using various legal gymnastics? Was the top VZ(Corporate level) mgmt got concerned with the never-ending budgets of their patent and licensing legal dept. going nowhere for 3-5 years? They wanted the truth: VZ is infringing or not. Clueless Koh's court and the geriatric ward of the senile Fed Circuit lost all credibility.
By being the first out of the gate, VZ stands to gain favorable deals or discounts from VPLM and bring the matter to end. Some details of NDA may not be disclosed, to the court or shareholders, in order to maintain the competitive advantage over others viz. specific terms of infringement damages and payment schedule, specific terms of licensing and royalty/discounts, etc. VPLM is bound by the NDA. Limited financial information will be shared with shareholders and SEC.
Several issues may still linger: whether ADR negotiation is limited to RBR technology or related branches of this technology.
Drumming,
You are justified for getting upset. I have a deep appreciation of your work: using your own pacer account that you paid from your pocket, monitoring 3 courts (NDCal, Waco, Nevada, etc.) for documents, downloading them promptly and uploading them to your OWN Google drive, and posting links to those docs.
Realized how much work is involved when I tried to do the same for one doc.
A handful of us that have not upgraded InvHub to email status, rely on the links you post here. It is your decision.
Hay Day,
Appreciate the encouraging tidbits.
Reviewing the NDCal court docs, VZ's document reads much different from those of AAPL and TWTR. Looks like both law firms for AAPL and TWTR copied and pasted. These two did the same in their petition for a declaratory judgement from Koh. Typically Koh's judgement is a "copy and paste" of AAPL's petitions.
"Wait and see" attitude.
Thanks for the update and a prediction. What a relief for the long term holders that were hanging on with faith! That too from Koh's court!
misspelled your moniker as happyday. It is a happy day.
HappyDay are you watching the "show" you predicted a while ago?
Just curious. What was the prediction?
Agree. Investors were "depressed" by negative for so long. Some investors did not lose faith. They now rejoice the "blip".
Drumming,
Great news you are posting. Very encouraging! Divide and Rule concept at work!
As soon as one party (VZ) breaks away from the herd, others rush for a deal.
Verizon's decision to begin discussion with VPLM - before the Mar 8 deadline, outside of the court proceedings, and in privacy - to review other claims, not invalidated by Alice, is a reasonable attempt by VZ.
Like any business, VZ is evaluating the impact of infringement lawsuits on their business and attempts to resolve the issue, while other defendants: AAPL, ATT, TWTR decided not to participate. This aspect alone stands out more than a never-ending lawsuit. Exploring and understanding the basis of disputes is the first step. Depending upon its outcome they may think about settling or rejecting.
A positive resolution, however small, can only add to the credibility of VPLM patents and claims confirmed by PTAB win 12-0.
Mr. Hudnell seems to be prepared for any eventuality.
Mr. Hudnell seems to be reasonable to have begun discussions with VZ outside off ADR while he is preparing to continue the case. Mr. Hudnell needs additional time and space to cover all possibilities.
VZ does not sound "confrontational" like AAPL and wants their discussion a chance to explore outside of Koh's court. Surprised that it is happening in Koh's court. Good to see VZ breaking away from AAPL and ATT.
Thanks for posting.
Great news!
Consistent with HappyDay's prediction that VZ might even buy out the patent rights.