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That would be nice to see way past $5.45.
Saw this link over on the yahoo board that is for Document 243.
https://www.yousendit.com/dl?phi_action=app/orchestrateDownload&rurl=https%253A%252F%252Fwww.yousendit.com%252Ftransfer.php%253Faction%253Dbatch_download%2526batch_id%253DTEhXNWNtcWZOQnhFQmRVag
Tried to just cut and paste the document, but that wasn't working.
I hope so Rain. Also I was wondering if it may already be baked into the current price, since like you said everyone knew a summary judgement was coming.
Guess we will see how the market handles it tomorrow.
Here is the summary from nasdaq.
http://www.nasdaq.com/symbol/vrng-ws
Again, thanks.
That is a good read. Figured when he threw out patent troll have a bad connotation, but I like the analysis of the Giants and the little people/trolls.
Thanks for the reply, that was my take as well.
My $3.45 avg isn't looking as bad anymore, granted it still needs to go North, but hopefully with this they will get it there.
I thought that was his article.
Rain if you have time what do you think of the lock up being eased? I know originally you thought it was a good thing that the company put this in place. Though reading the 8k again and getting some other interpretations seems as if it could be a tiered selling plan. So they can only sell so much at $4.25, so much at $6, etc.. up to $30 and then they can sell all they want after $30.
Kid just sounds upset, so I take his posts with a grain of salt.
Not sure, the company wants to offer more of the shelf just yet. Seeing how well it worked for the stock price last time. Not saying it won't happen, but that would just be more fodder for the naysayers to keep downward pressure on the stock.
The only thing I am sure of is this is definitely a battle of he said she said. If you sit and read every exhibit and all of the emails and letters sent back and forth each side constantly claims that the other side is not presenting information that is needed and then the rebuttals always include that they have given the information...
On another note, not sure if you have read the memorandum from VRNG. Google in 217 says Vringo/IP didn't give the date they needed, Vringo says:
The dates for the disclosure of invalidity contentions were carefully negotiated and agreed upon in a series of agreements. Defendants identified prior art and served invalidity contentions between December 2011 and February 2012. Although Defendants also had agreed to supplement their invalidity contentions by March 2, 2012, Defendants did not supplement, and instead advised I/P Engine that Defendants were not aware of any additional prior art. Between March 2 and July 2, Defendants repeatedly told I/P Engine that no additional prior art would be identified in its invalidity contentions. I/P Engine relied on those statements, told Defendants
that it was relying on those statements, and conducted fact and expert discovery, prepared expert reports, and selected, exchanged and fully briefed its claim construction positions based in part on those statements. Further, I/P Engine’s investigation concerning conception and reduction to practice activities were impacted by Defendants’ statements, which is why I/P Engine specifically requested confirmation that Defendants were not holding back any prior art theories.
http://docs.justia.com/cases/federal/district-courts/virginia/vaedce/2:2011cv00512/271949/201/
No idea what will come of this. I imagine only the judge does.
From what I can gather, Google is attempting to add prior art and stating that it is those patents they are using not Vringo/IP. If I am wrong please someone correct me.
Though the prior art was brought up a while ago, as Vringo/IP on August 3 asked to have it dismissed, under this motion - http://docs.justia.com/cases/federal/district-courts/virginia/vaedce/2:2011cv00512/271949/200/
and this memorandum explains why it should be dismissed -- http://docs.justia.com/cases/federal/district-courts/virginia/vaedce/2:2011cv00512/271949/201/
Agreed Rain!
Can't wait for that information to come out. Would be nice to see them file it today or tomorrow.
Justia.com August documents removed...
Not sure if this means anything or even matters, but all of the documents from August have been taken down. At least as of 8:18 PST August 15.
http://dockets.justia.com/docket/virginia/vaedce/2:2011cv00512/271949/
I have no legal background and have yet to follow a case like this, so not sure if this happens on a regular basis or not.
Agreed, and then put on top of that Options expiring this week.
Would love to see it gap up, but not to confident it will.
I agree, Rain.
It will be interesting to see who ponied up the cash for the shares.
Hope so, though have to agree with Rain. If people are so keen that there is manipulation, then I would imagine that the Option market is also being manipulated. I don't see this thing moving anywhere before the 18th.
Not a bad idea of going outside and escaping the market, a pretty slow day anyway. Have a nice couple days away from it all everyone.
Have to agree, since the merger they have not been very shareholder friendly.
They could clear up a lot of issues by explaining why the shelf, a PR about the settlement, anything that would give longs some sort of confidence.
Hoping that something is disclosed during the earnings next Monday, not holding my breath that we will hear anything from them before then.
I can't predict the future, but I imagine you will be able to get back in if you want to Tom.
Not that I want the stock to drop down anymore, but it appears to want to test the recent lows. Starting to wonder why it can't hold any gains as well. I am hopeful that it is just MM games and that eventually it makes that rapid move up we all want.
And from a Pacer account. First part is AOL asking to have them removed, second part approving it.
C.A. No. 2:11-cv-512-RAJ
JURY TRIAL DEMANDED
JOINT MOTION AND MEMORANDUM IN SUPPORT OF JOINT MOTION
FOR DISMISSAL WITH PREJUDICE OF I/P ENGINE’S CLAIMS
RELATING TO AOL’S ADVERTISING.COM SPONSORED LISTINGS
Plaintiff I/P Engine, Inc. and defendant AOL Inc. hereby move for an order dismissing I/P Engine’s claims in this action relating to AOL’s Advertising.com Sponsored Listings WITH PREJUDICE, subject to the terms of a confidential settlement agreement dated July 30, 2012, with each party to bear its own costs, expenses and attorneys fees. A Proposed Order is attached as Exhibit 1.
Dated: August 6, 2012 By: /s/ Jeffrey K. Sherwood
Jeffrey K. Sherwood
Kenneth W. Brothers
DICKSTEIN SHAPIRO LLP
1825 Eye Street NW
Washington, DC 20006
Telephone: (202) 420-2200
Facsimile: (202) 420-2201
sherwoodj@dicksteinshapiro.com
brothersk@dicksteinshapiro.com
Donald C. Schultz
W. Ryan Snow
Steven Stancliff
CRENSHAW,WARE &MARTIN, P.L.C.
150 West Main Street, Suite 1500
Norfolk, VA 23510
Telephone: (757) 623-3000
C.A. No. 2:11-cv-512-RAJ
JURY TRIAL DEMANDED
[PROPOSED] AGREED ORDER OF DISMISSAL WITH PREJUDICE OF I/P ENGINE’S
CLAIMS RELATING TO AOL’S ADVERTISING.COM SPONSORED LISTINGS
On this day, I/P Engine, Inc. and AOL Inc. announced to the Court that they have settled I/P Engine’s claims against AOL relating to AOL’s Advertising.com Sponsored Listings. The Court, having considered this request, is of the opinion that their request for
dismissal should be granted. IT IS THEREFORE ORDERED that I/P Engine’s claims for relief against AOL relating to AOL’s Advertising.com Sponsored Listings are dismissed with prejudice.
IT IS FURTHER ORDERED that all attorneys’ fee, costs of court and expenses relating to the dismissed claims shall be borne by each party incurring the same.
Dated: August 6, 2012
looking forward to it.
Thanks for the reply, still paper trading.
Best of luck with the trade.
Well, from what I can gather, I am no attorney. It appears that it is just the ask.com claims.
If you go to the website http://vringoip.com/ and click on current litigation and then look at IP Engine Prelim Disclosure of Asserted Claims and Pre-Discovery Infringement Contentions as to IAC Search & Media - ASK.com Sponsored Listings.pdf
Although,I have no idea what it actually means or if it even has anything to do with the claim against the ask.com infringement.
Yeah, it can be frustrating.
Although this stock seems to move either way regardless of the market. I think it was a culmination of a couple things today that led to this, but it would all just be my opinion and not fact. Here's to hoping tomorrow is a better day for all those that are holding VRNG.
Thanks Soldier for the article.
Hopefully this bodes well for VRNG, looking forward to seeing what the expert damages report will show. Any idea when that comes out?
Agreed, can't wait for some PRs to roll out.
They updated the website and put up a section under Intellectual Property -- Current Litigation. Need to get my lawyer friend to look it over when he has some time.
http://www.vringoip.com/
Great, here's to hoping there is no split.
Thanks for continuing to take the time to explain your reasoning.
If there is no R/S are you looking at getting back in? Since you say you like VRNG chances.
There we go 200, haha.
But still a little odd.
At this point I would take a R/S for ASYI to get rid of the few shares I have.
Then at least there may be someone on BID to take my shares, haha. Glad I only have a couple million in this one. Though the banter has been worth following this stock.
I hope so for all holding, best of luck to everyone. IMDS
Yes, 13:00 EST markets close.
Lets see if INAR can bounce
Thanks for helping explain some of that, I am still not completely sold on them. But I hope it works out for everyone else.
Looking for a double and then will watch from the sidelines.
I believe they are talking about what appears on page 13 of the most recent Quarterly report.
http://www.otcmarkets.com/stock/INAR/filings
They have been in default of senior securities since June 2006. It is $5 million, and was a reason I didn't get in when GM alerted this at .0004, though after the run on Friday I grabbed some today and plan on getting a double out of it. Although not being fully versed in the language used on reports such as these, I am no expert on what is or is not owed and to whom.
I am not entirely sure why this stock is running the way it is, but I am glad for those that are able to make some money on it.
Just hope it doesn't turn out like the other company that Mr. Black is involved in HNS*
I could be off base, not trying to bash either. I hope it works for all that have put some money in this.
Much more concise post, I will bookmark it and just refer people to yours from now on.
I can be a little long winded sometimes.
I believe the 19th is the shareholder meeting for Vringo which will hopefully make the merger between them and IP ratified.
As for the connection of Converted Organics to Vringo, they invested in IP, and when the merger goes through with Vringo the shares
of Innovate/Protect owned by Converted Organics Inc. will be converted into 452,640 shares of common stock of Vringo, as well as approximately 181,000 warrants to purchase shares of Vringo common stock at an exercise price of $1.76 per share (subject to adjustment).
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a1V1N4xIpQ6s
Hoping so.
Would be nice to see ENTB continue the uptrend after the pullback we had.
Agreed, I didn't get in either, should be a nice run for those in.
Great, thanks for the list. Looking forward to next week.
No idea, don't think so.
Imagine he will be back here this evening.
Following a different stock today it seems.
Hopefully ENTB bounces in the last part of the day.
Thanks for this alert Cuban, nice to see BBDA running roday.