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I wonder what Siri's answer was
Listing is Monday. Today is the last day to get in before Nasdaq
Bid /ask already tightening
Big money can be made bigger by buying up in a position like Mara. There is still time ......
I thought it was neutral. They went over all their segments. I was working so I missed some of it. I did send a question about the dividend. Don't know if they answered it.
Means nothing. Index rebalancing
last post (don't want to be accused of spamming)on ppro
We continue to make tangible progress toward launching The United States Patent Utility in the second half of the year,” said Jonathan Ellenthal, Vice Chairman and Chief Executive Officer of Patent Properties. “We expect to have a prototype system available for use in gaining pre-launch support for the service, and we recently announced our agreement with Innography to handle the Patent Utility’s all-important data and analytical services. We believe a new, accessible and affordable option outside the legal system will be highly attractive for inventors and businesses of all sizes and will provide us with a subscription-based revenue model that should allow us to generate high quality, predictable, recurring revenue.”
“In addition, we just announced the formation of an Advisory Board to support the Patent Utility, chaired by Bob Stoll, the former United States Patent and Trademark Office Commissioner for Patents,” continued Mr. Ellenthal. “We believe the Advisory Board brings together the best and brightest minds in the intellectual property world to represent all of the major constituencies that would benefit from the Patent Utility as we seek to transform the patent licensing system in America.”
Ppro looks to be an interesting spec just like Mara was last year. They have some type if utility that they are also bringing our towards the end of the year. Still doing my dd.
Any opinions appreciated.
Web Version
Forward
VRINGO FILES LAWSUIT AGAINST ZTE IN ROMANIA
NEW YORK — June 26, 2014 — Vringo, Inc. (NASDAQ: VRNG), a company engaged in the innovation, development and monetization of intellectual property and mobile technologies, today announced that its wholly owned subsidiary, Vringo Infrastructure, Inc., filed a patent infringement lawsuit against ZTE in Romania.
On June 23, 2014, Vringo Infrastructure, Inc. sued ZTE Corporation and its wholly owned subsidiary ZTE Romania SRL, ASBIS Romania SRL, Ilex Com SA, Dante International SRL, and SC TEOVLAD COM SRL in the Bucharest Tribunal Civil Section. The filings allege infringement of the Romanian part of European Patent 1,808,029. The patent in suit relates to the handover between different networks initiated by a mobile device. This patent has been declared essential to ETSI in connection with 4G LTE standards.
About Vringo, Inc.
Vringo, Inc. is engaged in the development and monetization of intellectual property worldwide. The Company's intellectual property portfolio consists of over 600 patents and patent applications covering telecom infrastructure, internet search and mobile technologies. The Company's patents and patent applications have been developed internally and acquired from third parties. For more information, visit: www.vringo.com.
Forward-Looking Statements
This press release includes forward-looking statements, which may be identified by words such as "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially include, but are not limited to: our inability to license and monetize our patents, including the outcome of the litigation against online search firms and other companies; our inability to monetize and recoup our investment with respect to patent assets that we acquire; our inability to develop and introduce new products and/or develop new intellectual property; new legislation, regulations or court rulings related to enforcing patents, that could harm our business and operating results; unexpected trends in the mobile phone and telecom infrastructure industries; our inability to raise additional capital to fund our combined operations and business plan; our inability to maintain the listing of our securities on a major securities exchange; the potential lack of market acceptance of our products; potential competition from other providers and products; our inability to retain key members of our management team; the future success of Infomedia and our ability to receive value from its stock; and other risks and uncertainties and other factors discussed from time to time in our filings with the Securities and Exchange Commission ("SEC"), including our annual report on Form 10-K filed with the SEC on March 10, 2014. Vringo expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.
Contacts
Investors and Media:
Cliff Weinstein
Executive Vice President
Vringo, Inc.
646-532-6777
cweinstein@vringoinc.com
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Web Version
Forward
VRINGO INVESTORS EXERCISE WARRANTS, COMPANY RECEIVES $10 MILLION IN CASH
Vringo Plans Expansion and Escalation of Global Litigation and Licensing Programs
NEW YORK — June 20, 2014 — Vringo, Inc. (NASDAQ: VRNG) today announced that it plans to expand and escalate its global litigation and licensing programs following receipt of $10 million in cash from the exercise of outstanding warrants by three institutional investors.
The investors exercised 5,697,227 warrants, which are part of a series of warrants that expire in three years, on July 19, 2017, and have an exercise price of $1.76 (the "July 2017 Warrant Series"). The exercised warrants represent 58% of the July 2017 Warrant Series. Vringo directors and officers hold 70% of the remaining July 2017 Warrant Series.
Vringo and the investors who exercised the warrants entered into an agreement pursuant to which Vringo issued 5,412,366 new warrants that expire in one year, on June 21, 2015, and have an exercise price of $5.06, 44% above yesterday's closing price of Vringo common stock. The new warrants do not contain cashless exercise or anti-dilution features, and Vringo is under no obligation to register the shares of common stock underlying them.
"Vringo plans to expand and escalate its global litigation and licensing programs in the near term in an effort to realize revenue from companies that are selling or attempting to sell products without paying Vringo appropriate royalties for use of its technology," said Andrew D. Perlman, Chief Executive Officer.
"Vringo has recently posted bonds to secure injunctions against ZTE and its local subsidiaries in Germany and Brazil. With today's cash infusion, Vringo will have additional cash to further escalate and expand its mobile telecommunications licensing programs against ZTE and other companies. Vringo will also continue its pursuit to defend and collect its judgments against Google," Mr. Perlman continued.
About Vringo, Inc.
Vringo, Inc. is engaged in the development and monetization of intellectual property worldwide. The Company's intellectual property portfolio consists of over 600 patents and patent applications covering telecom infrastructure, internet search and mobile technologies. The Company's patents and patent applications have been developed internally and acquired from third parties. For more information, visit: www.vringo.com.
Forward-Looking Statements
This press release includes forward-looking statements, which may be identified by words such as "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially include, but are not limited to: our inability to license and monetize our patents, including the outcome of the litigation against online search firms and other companies; our inability to monetize and recoup our investment with respect to patent assets that we acquire; our inability to develop and introduce new products and/or develop new intellectual property; new legislation, regulations or court rulings related to enforcing patents, that could harm our business and operating results; unexpected trends in the mobile phone and telecom infrastructure industries; our inability to raise additional capital to fund our combined operations and business plan; our inability to maintain the listing of our securities on a major securities exchange; the potential lack of market acceptance of our products; potential competition from other providers and products; our inability to retain key members of our management team; the future success of Infomedia and our ability to receive value from its stock; and other risks and uncertainties and other factors discussed from time to time in our filings with the Securities and Exchange Commission ("SEC"), including our annual report on Form 10-K filed with the SEC on March 10, 2014. Vringo expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.
Contacts
Investors and Media:
Cliff Weinstein
Executive Vice President
Vringo, Inc.
646-532-6777
cweinstein@vringoinc.com
Edit your subscription | Unsubscribe
Sounds like management doesn't want to increase the dividend currently and wants to investors to look at the total return and growth of erf. Can't complain as there balance sheet continues to get stronger. Sounded like erf management doesn't think oil can stay this high and is prudent in there investments.
That would be fine with me at the right take out price. :)
Zte must be feeling the squeeze that vrng is putting on them.
Brazil upholds zte injunction
With all due respect we need current insider buying. I do agree that the accounting change may have a small change to NAV (positive). I also hope they report second quarter earnings with the new method so shareholders can digest the issues.
Management has done very well. Step up now and buy low. Lead by example.
When you see multiple insiders buying 100k shares at market prices then you will have a safer chance here. I don't see insiders buying yet which is a bit troublesome IMO. These guys are very highly compensated. They need to show the shareholders they have continued confidence
I wonder how similar ppro utility and marathons recent purchase from ipnav.
Thanks for bringing this to my attention
PPRO
Came from investors relations
A little weekend reading ....
Maybe there was a gentlemens agreement between goog and vrng 's council....to not raise treble damaged but then something changed. What could have been that something?. With the recent scotus decision the ball is back on vrng's court IMO
Plant an acorn and let an oak tree grow .
For a simple man. What does it mean in simple terms And how would effect vrng.
Thanks in advance
I'll say it. . Nice closing high for Mara
#4. Unless they feel they can tie this up for 3-5 years.
Mara good investment
Time to sell the raining assets
Great minds think alike
I almost want a dip to purchase some more trading shares-:)
I'm a buyer today as options expire.....
I'm pleasantly surprised and like the increase in cash on the balance sheet
Good buys IMO. Low seems in
I think vrng would like to settle out of court with most. Hopefully zte will be the first 8 digit settlement.
Would anyone know if there is tax advantages for Mara vs ip nav settlements. I'm looking at the corporate rate or partnership rate vs Mara. I've asked a couple of accountants and am waiting to hear back.
Seems to be the norm in the sector this quarter.
I can't see the entire filing. Any new names on the list of takers?
This 8k is complicated and wonder if the CFO left because of this .......just wondering out loud. Does look like it's going to be more dilutive than I originally thought. I also never like to see the word like "pipe" in deals