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Totally agree and definitely in this situation. I loaded quite a bit more yesterday and will load more in the .02's.
Check this out....Markman Hearing importance
Read the Seeking Alpha Article below first...
http://seekingalpha.com/article/418021-apple-cisco-or-siemens-should-just-buy-virnetx?source=yahoo
note this section in the article...
Here is an analyst's perspective on the hearing. On January 6th, Craig-Hallum stated, "The Markman hearing proceeded better than anticipated. The judge implied he may have come to some view regarding the situation and strongly encouraged parties to consider mediation sooner rather than later." The analyst said that the judge's verbal communication and desire for mediation implies the VirnetX case is very firm.
Wiki definition of Markman Hearing
http://en.wikipedia.org/wiki/Markman_hearing
June 4th is a BIG, BIG day
This stock will go much higher....all the Monday morning quarterbacks on the recent filing are missing the point. The company is moving to have a backup plan IF everything does not go as they think it will and they have to convert more shares. They are not necessarily doing anything. They are not raising the share count but want authorization to do it if they must down the road. I'm not sure why people can't read. No dilution until July 3rd at earliest and if things going well for VRNG quite possibly no dilution at all. This is a pretty attractive bet right now IMO. I think VRNG will see $5 and then quite a bit higher due to institutions being able to buy above $5. I say VRNG is at $7 by the end of April and COIN is at least .12
Whatever...that seems absurd. It very well might not gap up at open tomorrow but has a real good shot at hitting .05-.10 near term. Do what you like it's your money.
totally agree...this really does not mean a whole lot at this point.
The June 8th meeting date is not an accident. This is after the Markman Hearing in the IP lawsuit which is on June 4th. My best guess is that there will be a settlement offer prior to that date or a potential buyout predicated on the merger of VRNG. Either way COIN wins.
Unfortunately I think this will drift down from here until we get a sense of how quickly this can be overcome or some other drug launch. Need another positive news story to move this now. JMO
...any prediction on what HOD will be?
IH becoming like yahoo board today...here's what's up:
Before June 4th there will be major news. Google et al., are not well positioned in this fight. All these people talking about IP being a patent troll don't forget that Andrew Lang invented the patents in question and that is going to mean something. He knows exactly what he is doing. Have you seen how many examples IP points out with diagrams in their infringement claim! There will be a settlement offer or a buyout offer before this date. I have read everything on this including the court briefings. Save your breath and wait, it won't be a long wait. If you want to amuse yourself google Markman Hearing and you will see that that is the date (June 4th) where we will likely know which way the judge will be leaning on this. Can't Wait!!!!!!!!
But your theory goes out the window if there is a settlement or buyout which is what almost everyone buying here expects....I expect the action in VRNG to continue and once it crosses $5 institutions will push it to $7 quickly. JMO
Stock under accumulation........
Totally agree with that assessment XLT. I have read all of the patents as well as the recent judge's order which is seeking to make sure everything is in to the court in April. The judge seemed to portend that a settlement between the parties was quite possible. His last line mentions letting the court know immediately (so as not to waste the time of the court) if there is a resolution between the parties.
That's exactly what that was......
I'd say that's a pretty fair assessment. It will be interesting to see what the volume does tomorrow and this week.
I dumped millions of shares yesterday and bought coin.pk. I have been in this stock with the ups and downs for years now (I still hold 6MM shares) and what I really don't understand is the utter incompetence of their PR department (or person if they have one). I thought the blog was a good idea to let people know what is happening and still do but unfortunately that has been the only idea. There have been no PR's save for announcing quarterly revenues. They could still spend 80% of the $$ they raise on development and put 20% into keeping the stock afloat by attracting "new" investors. I'm just sick of what I believe to be marketing incompetence. I'm still hoping this flies but I am beginning to doubt these guys and am starting to think that if they were really going to make it they would be in a better position than they are now. I'm sure I'll get some rebuttal about all the things they are doing but if you are thinking of writing that, save it. I know everything they are doing that can be known publicly and it is not enough to raise this above .03 so I'm thinking what is the motive to stay when .015 might take 6-12 months. There is too much else out there that is interesting. JMO
Yes...
did I miss something?
none...his investment is in VRNG. If VRNG merges as expected with IP, Cuban will have a big stake in the outcome of the patent lawsuit against Google et al., and if you don't think that that is a big factor as to why he invested you are a fool. The merger is going through. The impact on COIN is that if Cuban invested he must think the lawsuit has merit and COIN is already a party to that suit by virtue of their investment in IP. The reason COIN stands to move up with VRNG at this point (pre-merger) is that most people are assuming that the merger is going to happen. I really don't think Cuban would have made the investment if he wasn't provided assurances of that. JMO
what is the latest float number...thanks.
Don't know why this would go down now. Prospects are much brighter than they were just a few weeks ago. No dilution for months, IP/VRNG merger in June, Markman trial in IP case on June 4th...too much happening right now that has potential. Not saying we won't see an intraday dip and back up but just going down wouldn't make sense to me.
Agreed but I have to underscore despite the aggravated folks on the CC who were clueless about the connection with IP/VRNG today that the investment in Innovate Protect was a very smart move.
The ONLY reason I bought this was because of the IP investment. I own quite a bit of VRNG as well. We'll see who is right soon enough. I bear you no ill will but I just see it differently and believe my reward will be greater. GLTU
Agree with you but the big move is IP, trust me.
If you can figure out a better way out for COIN than IP lets hear it. If you have read the documents filed in the IP case and examined the patents referenced than you know that IP has a reasonable chance of recovering damages and more likely a settlement. So what if you broke some rules. Get out dude, you obviously didn't do your due diligence-I think you said as much in a post yesterday. I'm in, I know why I'm in and I'll see you back here at the end of next month with a big smile on my face. I can't wait to dig this post up.
If you want to make more serious money you will be invested in this leading into the beginning of June. Quick flippers here are morons and don't read any of the legal documents on the IP case against Google, Aol, Target, etc. The way you make serious money is to bet on the big whale and its coming. Glad to see all of the morons selling today...they will be back when its too late. I own millions of shares at .012 and will not sell one share before this hits .10
VRNG association is the lifesaver for this company. Read the IP/VRNG lawsuit. COIN will be .10 or better by June 4th. Mark this post!
Markman hearing in IP/Vringo case against Google Etc. is June 4th. A markman hearing provides a window into how the court is likely to view this case. Briefs are being filed in the case today. Very possible VRNG could be purchased or suit settled immediately following IP/VRNG merger making COIN worth an awful lot of $$. All this can be found on VRNG website. Idiots are asking questions about VRNG value. Value will be in the billions upon a settlement IMO. This was a very good move on the part of COIN. They were lucky to be included in the investment frankly.
http://en.wikipedia.org/wiki/Markman_hearing
I'm buying more....the real date that this will rise into is June 4th! Please sell me your shares.
Talking about IP suit and purchase of preferred shares...converted to common. We know that...if merger consummated 452,640 shares of Vringo plus option to purchase 181,000 warrants of purchase @ 1.71 share. Belief transaction is very positive for company! Seeking merger partner and believes this makes COIN much more attractive.
Certain warrants reworked...awesome news!!!!!!!!!!!!!!!! Minimum price for repurchase of warrants!!!!!!
Talking about spinning off portions of business less successful. Ability to continue dependent on external financing. Need to elevate sales in CA. Senior convertible note: issued 2012. Principal of convertible not way down 600,000 left as of April 9th!!!Very good news...
Talking about competition and sales...setting things up. Believes he can improve sales in 2012-adding two new products...Colorado and California important new markets...
Ed Gildea starting...Dave Allen CFO on line as well
I will post periodically throughout...
on website now...
No company like this does a CC and does not have something(s) positive to discuss. If it were run of the mill crap they would just bury it somewhere or issue a comment in a press release or financial report. I could be wrong but I don't think so. We'll see soon enough.
do you have a link to the bb board...thanks!
close over .02 today? Anyone think so or too high?
how soon??
what's your guess?