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Wow! Surprised ZTE hasn't made a concrete offer to Vringo to secure the rights to the patents and to stop wasting so much monies on lawyers and having their products seized in various countries! It is cheaper and more pragmatic for them to settle! OR just buy out Vringo!
So if Vringo prevails against Google then would they be readmitted into the Russell 2000 index? Would Google have to pay a penalty for the lack of support to Vringo's share price? Forcing Vringo to raise capital at 50 cents per share versus $3.00 per share? Are Vringo shareholders able to launch a class action suit against Google for their losses during the time frame the stock plunged?
We will see a ZTE settlement with Vringo soon! ZTE has too much to lose by not settling!
Shares thin on level 2! This will go up fast when it decides to move up!!
When nobody likes Vringo then it must be the time to buy
Maybe Bayport's gathering system and the 125 wells in Pennsylvania they purchased from Sylios is part of the JV deal with JFk oil terminal. Just imagine those 125 wells being fracked and the potential for huge earnings and an explosion in share price!
Made lots of money last time! Now Bayport shares are a steal! Going a lot higher
Last year Bayport went up to .40 before the 200 to 1 reverse split! This will easily go up to .20 on the next big run
WOW! Bayport will be heavily involved with the fracking part of the industry! Lots of upside here
Here is a link to Bayport's partners home page:
http://www.jfkoilterminal.com/
This may interest BAYP shareholders:
JFK Oil Terminal is located in Berwick, Pennsylvania. The facility is owned by the company and is on 6 acres, sitting adjacent to the Susquehanna River. It has a high infusion rack and pump system, 5 major tanks that could hold 2.4 million gallons of petroleum or water liquids needed for the natural gas industry. This facility was once a hub for the 1300 mile long Sunoco eastern seaboard pipeline. We are adjacent to Route 11. The location is strategically located for easy access to all major routes in Eastern Pennsylvania. We are also adjacent to a railroad that can be utilized for transport to large metropolitan regions. Our mission is to provide turn key water solutions for the natural gas fracking industry. This will include flow back water treatment, storage, sourcing, transportation, and resources to treat and recycle the water. We foresee our terminal to be a blueprint for dozens of such facilities. through the NorthEast.
ENERGY INDEPENDENCE, STRONG AMERICA,PENNSYLVANIA JOBS
There does not appear to be any dilution! BAYP is playing it smart and letting its JV partner do the financing without using BAYP shares! Very Bullish!
Who nominated him?
I hope this group that sold the 4 million shares has/had something tangible to offer BAYP. You are right in that the float is small - 59 million shares!
Bayport shares have been diluted by 4,000,000 shares to raise $20,000 through convertible debt at .005! These shares were immediately sold into the market! Thereby the outstanding share count will increase by at least 4,000,000! Why couldn't BAYP have done the conversion at .01?
LOL! Last year in February I sold @ 30 cents! Feel bad for those that bought shares at that price! BAYP moving higher!
Everyone likes a clown show! We can all have a good laugh! Go BAYP
Remember! Volume precedes a significant movement! In this case we are seeing the preparation for a large upward move! I know it is coming! LOL Go BAYP
LOL! Good Luck to you! Gotta head off now!
I got another 300000 at .011! This will run up to .30! Watch it will be great!
A lot of shares changing hands for a stock that currently shows now change! LOL
WOW! Someone just took out a million shares at .015!
Today is a great clean out! I expect some positive announcements soon! LOL
I love this stock! About once every two years it suddenly goes up 1500%! Then it fritters away 90% of the gain! Then it does it again! LOL
The overhang is being cleared out in preparation for a big rise! There are a couple of desperate sellers trying to get out! They are now hitting the bid and dropping the price!
I took out the 200000 shares! Figured it was a disillusioned seller from the last run up! Someone is definitely accumulating the shares though! GLTA
The share price of Mcig is headed to .02! Its a wrap folks!
I agree! Will buy back around 60 cents!
Its probably the $100,000 the UK court ordered ZTE to pay Vringo! Stock will probably drop back down to 60 cents next week!
Good DD! We still do not know the terms of the settlement!
They will give today for the shorts to cover! Then KA BOOM! lol
I bet major PR over the weekend
Its trading like a settlement is about to be PR'd!
Probably a settlement in Germany, France, and the United States to follow. Maybe a world wide settlement
Hope this is a big game changer!
Any idea of what they settled for? Sounds very positive for Vringo
Very strange trading the last 5 minutes of the last two days! Find it interesting that yesterdays stops were triggered and then we had a press release today! Didn't do much for the share price of Vringo however!
ZTE should just buy out Vringo for $3 per share - $300 million. That would save them a lot of money and legitimize their operations world wide!
It looked to me like a share scoop. About 400,000 just before the close!
Looks like stop losses triggered in last 10 minutes of trading! Hmm news must be coming soon!