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So if they do a 1 for 20 reverse split, then the 200mil at a 5x multiple make the share price $200. R/S is irrelevant.
IP is different, but a 1x multiple and not even a 3-5x multiple. It is like 'they' think that an IP stock cannot do anything productive with cash. Hopefully, V leadership can change that if we get the payday, so that a 200mil win will be $6+ PPS instead of $2 PPS.
I think 200mil is conservative and have fingers crossed for $10.
ZTE Tomorrow Never Waits!
ZTE Axon - It's All You
ZTE SPRO2 - Make Your Ideas Shine
ZTE SPRO - It's Time To Bring Back Self Reliance
ZTE Grand X MAX+ - Maximum Everything
That's great stuff ZTE USA.
How about:
ZTE SpyPro1 - It's Time To Send Your Secrets To China
I was wrong earlier when I said that ZTE USA could become VRNG USA. ZTE USA could become Nokia after VRNG acquires all the seized assets from ZTE USA and 'sells' them to Nokia. VRNG gets the cash.
ZTE is so screwed that ZTE USA might become V USA.
agree
spooky you are all over the place. You proclaim the company's historic losses like it is debt. V has no debt.
V reduced expenses (which were way too high) by 41%.
Obviously, they will not have revenue until a court awards it or they license IP. It is absolutely apparent that V is trying to accomplish this.
And, they will not be delisted. V has a market cap of 60 mill and has 20 mill on hand with no debt to back up that market cap. The only real negative of a r/s for V will be an increase in volatility. Positives are it remove the delist notice and it will (temporarily) eliminate naked shorting since all shares will have to accounted for.
41% reduction of expenses
Cash position is good
Dilution not too bad
Need ZTE to pay up
and get V back over 5.00
Maybe they can get 200 million
'Back of the napkin' answer to "how much did the 'NDA Disclosure' hurt VRNG" question...
It weakened VRNG's negotiating position some % in all companies that are not already licensing this IP from Nokia such as ZTE*, Huawei, LG.
Ballpark of 50 million handset sales per quarter
Let's say VRNG claims $.50 per handset was lost to disclosure. This is $25 million per quarter through life of IP.
Note that handset sales are increasing and the companies not currently licensing are also increasing market share.
$300-350 million
* obviously ZTE already had the terms since they were the party that disclosed them
here comes .001
Hit ZTE for 100mm just for the NDA.
That will get their worldwide attention.
Discovery
Nice!
They (meaning everyone) always file on the last day.
Present us an example of someone filing early.
When oil hits $90, I will push my total up to 100 mm with you.
Excellent comment under article:
I wonder if the street analysts are aware of the significant litigation costs ZTE is expending vs. the US enforcement arm of Nokia (VRNG)?
ZTE has stated recently they will lose upwards of $30 mil from an injunction in place in Romania due to the infringement of patents co-owned by VRNG and NOK. ZTE continues to utilize patented technology that they do not own without paying for the use of that technology, and appear to be willing to waste millions of shareholder funds vs. settling on FRAND terms (publicly disclosed by VRNG).
These are Standard Essential Patents in the 2/3/4g space and despite numerous losses vs VRNG, ZTE continues to waste shareholder funds fighting a losing battle. Injunctions are also in place in Brazil and other jurisdictions.
In addition, recent events in the USA could threaten ZTE’s ability to sell its products in the USA if they continue to disregard international and us intellectual property law (see the Vringo vs ZTE case in SNDY overseen by Judge Kaplan).
I will be curious to see when any Wall St. analysts covering this stock start doing their research and realize these suits and actions by zte (unwillingness to settle) will likely lead to a material negative outcome for ZTE shareholders.
What will happen on Friday?
Link?
I can't wait for ...
Settlement News - Trading Halted
Trading Resumed - Trading Halted
Trading Resumed
I have seen it before
Based on those terms, I would estimate the past infringing to be approximately 375M (not bad even subtracting the Nokia cut).
Going forward (this is where I start supporting ZTE to sell record numbers of smartphones) 100M per year.
Don't forget the NDA suit.
Plus, licensing to other Chinese manufactures (Huawei, etc.). All of those together add up to about 200M per year at the terms listed.
2016 could be big for V.
I think one problem for ZTE is since they were 'getting the IP for free' they priced their handsets cheaper than the competitors. In doing so (not pricing in IP), paying up is going to eat into those nice profits they have been making.
And since ZTE has let this go on for so long, when they do pay up, it could take half of their annual profits to get out of this mess. Oops!
"ZTE claims to devote 10% of its annual revenue on research and development each year"
ZTE needs to devote part of that to pay for the IP they are using. Settle!
Did they halt trading yet? They are going to have to figure how to move this from .87 to 3.00 without blowing up the NASD
level2 looks fishy right now.
MM playing around
What are you up to?
Letting some shorties off easily?
What's with the falling price?
Yes, the max I can enter right now is 10.00, but that is close enough. It ain't going to get there anytime soon.
Even if they go for .50 per handset and 1.25 per smartphone (half of what has been thrown around) that is currently about 150MM plus NDA damages and projected 100MM per year going forward and growing.
Easily 5 PPS after Nokia's cut.
And this doesn't stop with ZTE. There is Hauwei, Lenovo, LG, and Xiaomi. Not that they will want to come to the table without a fight too.
I moved my sell order up to 10.80. LOL
The motion to dissolve (DI 17 ) is granted and the case will be transferred to the Southern District of New York
So what does that mean to us exactly?
Look at the gaps above a dollar. This thing could jump to 1.50 if someone sneezes on the call.
Shorty got to cover
Retail still digesting the news
News release upcoming
Pop pop pop
15 PPS by EOY
That's a sick prediction
C'mon financial writers let's get some press out there before the open. Some predictions of the potential settlement and impact on PPS would be nice.
I have been looking for my 'old' research on ZTE, but haven't found them yet. Of course, there is a wide range of where they could settle even if they do settle at all, but I think I had PPS after Nokia's cut was 5.75-9.00 (just ZTE no GOOG).
Look at the AH trajectory. Could hit 1.00 in AH today.
Do you know how bad a shorty gets burned on a 30% pop? 400% pop?
After hours last trade at .92 - busting 1.00 tomorrow
So much for delisting
ZTE settlement
You are right.
If they get 250MM+ past damages and get 100MM+ per year going forward.
> 7 PPS
ZTE should take it and get back to selling phones worldwide.
I stayed in because I thought even if the GOOG fell out that the ZTE potential would hold PPS at 1.60. I was wrong about that.
Although, I did bail before the en banc decision and got back in lower.
I still believe Supremes will throw it back, but right now is about ZTE!
Short squeeze!!
I hope so.
VRNG has beat the crap out of me the last year.
6 PPS will make the beatings worth it.
LOL