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Per the companies web site dated Nov. 22: Vringo filed suit in the High Court of Delhi at New Delhi on November 7, 2013
I don't recall seeing a PR that they filed suit on the 7th prior to this. Then an injunction and visits started on the 18th. Which leads me to believe the injunction was issued prior to the 18th.
Nov. 18th
Any speculation on why it took so long to get a PR from the ruling in India?
We have been repeatedly asked to provide a version of our battle-proven government agency software for environments where cash handling creates abundant risk issues,"
Nice find
Not always but it's a good start.
More than likely a settled trade from the day.
Now that's bank. Congrats.
Of course which is why a war chest is good. But too much cash is a problem as well.
Good point. Maybe put the money towards monetizing what they have. Not just licenses but more products or services.
So assuming a decent settlement and a war chest. Dividend or share buy back?
I'm going with the lower expectation with the hope of being surprised. But anything at this point would be a gift.
I believe ZTE can still appeal the injunction. So it aint over till the fat lady sings.
Great post.
For me the company has turned from a short term trade (for the most part) into a hold for now. I actually like that the company is flexible and pursuing opportunities as they arise. Store fronts may have been the original push but things change and these guys are smart enough to take advantage of it. I like the whole feel of the grass roots involvement by investors and their interaction with the company. This is refreshing and much appreciated. Actually exciting to be part of.
So check this out.
I was on stocktwits and an ad for Greners.com shows up in the upper right corner. Sweet.
Can't win the lottery if you don't buy a ticket? :)
"Great Consolidation!! It's okay if we don't make 22 million as long as we close below .095."
Monky13
So is this a prelude to the share price action we can expect if we get positive news from the Google case?
Big numbers sitting on the ask?
Core hold for me has increased. Amount I'm will to trade has decreased. This has gone from a penny trade to something much much more.
Unbelievable how controlled this is. I don't have level 2 access so don't see what's going on.
Wouldn't you think this would be running a lot harder after this news?
GIFT clients were pursuing them. Financing was holding it back. Full steam ahead now.
And management listens. It's refreshing. Almost feels like a grass roots movement. Pun intended.
G.I.F.T. Customer.
Coming to a PR near you.
This financing was required for gift going forward. We got it. I think its a matter of days now not weeks before we hear.
He's not getting bashed for making money. It's his other posts. Very transparent. So if you like his other posts then go ahead and give him a pat on the back. Not me.
Only 20? Like I said CHUMP change.
Have fun with your CHUMP change.
His agenda? He wants others to invest where he is at. Which is the "other" MJ play. Good luck with that.
Keep your nosed pressed against the window watching the rest of us dance. Have fun out in the cold.
Right next the 03's & .04's. Very funny.
Right next the 03's & .04's. Very funny.
G.I.F.T.
Like I said people. G.I.F.T. is the biggest catalyst for this company going forward. We should see a signer very very soon.
Bump X3
Bump
Financing for GIFT in place. Check
Sign up customers...... Coming very soon.
I think you better up your bid Bwaaaaaaaaaa
Right but that was the ruling to the previous post though correct?
I agree with you in regards to $$$$. After all why do you think the real reason prohibition was repealed? We were going broke then as well.
I thought it was already ruled on.
http://fusion.net/justice/story/catch-22-marijuana-labeled-dangerous-drug-15443
Fails to deliver 2nd half of Oct if anyone is interested.
20131015|92911N104|VRNG|16939|VRINGO, INC COM STK|2.76
20131016|92911N104|VRNG|20035|VRINGO, INC COM STK|2.70
20131017|92911N104|VRNG|21079|VRINGO, INC COM STK|2.70
20131021|92911N104|VRNG|69297|VRINGO, INC COM STK|2.78
20131022|92911N104|VRNG|47028|VRINGO, INC COM STK|2.78
20131023|92911N104|VRNG|45270|VRINGO, INC COM STK|2.76
20131024|92911N104|VRNG|34409|VRINGO, INC COM STK|2.74
20131025|92911N104|VRNG|32634|VRINGO, INC COM STK|2.76
20131028|92911N104|VRNG|7949|VRINGO, INC COM STK|2.71
20131029|92911N104|VRNG|25797|VRINGO, INC COM STK|2.71
20131030|92911N104|VRNG|25249|VRINGO, INC COM STK|2.76
That wasn't the statement. They were having problems with a supplier for the LED's unit.