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Why would you buy today when the price is high? I hope you know it's just going to settle back down. There's still a long time to wait before anything of significance happens here.
As someone else on here put it, the litigation against ZTE is like chasing a ghost all over the world. They'll never catch them.
En blanc denied and this stock isn't at 10 cents? Amazing.
I didn't mean hear of DLink. I work in IT, of course I know who they are. I meant heard of their security products.
D-Link has approx. 1B a year in sales. How much of that billion is from these surveillance products? I can't imagine it is much. I've never heard of them that's for sure.
Without money this is another meaningless win for Vringo. Back below .90 in two weeks.
Vringo in the clear today on the disposition sheet.
Where did you read this at?
Well I suppose that's another way of saying that there is no way in hell it is every going to happen......I'm willing to bet that patricia will respond with "So you're telling me there's still a chance????"
So if a poll was called for it would of been listed on today's sheet, or the dismissal would be listed?
En blanc is the 2 point conversion. Scotus is a hail Mary from inside your own goal.
150K in revenue for the quarter...NIIIICCCEEEE!
I still believe the company is overvalued at a penny. A company like this that far from generating revenue shouldn't have a 9 figure net worth. That's just ludacris.
FITX will get the property re-zoned. This is a money play by the township. There's no way they're going to let a company come onto their land, make a ton of cash and pay the same rate a tomato farmer does. HELL NO! Lakeshore wants their cut of the MMJ windfall too and this is how they go about getting it.
Yes very clear from the town, but let's not forget that they can apply for re-zoning of the property. All of this re-zoning stuff is so the township can reap a higher tax on what is produced on that land.
Did anyone really think they were going to allow a company to pay the same amount in taxes as someone who grows tomatoes?
Even at a penny this stock is overpriced. 34 million valuation for a company that is pre-revenue? I don't think so.
The sad part is that I have a friend holding almost 20mil shares of this who thinks he's going to be very rich soon. I feel bad for him because it's going to be almost impossible to offload that many shares and break even.
You've just summed up every post I've ever made about Vringo. This is a company that still needs to prove that the patents it holds are actually worth something.
My point was that it is something to look forward to. I wasn't saying Vringo will reap millions or billions from WiFi routers. I was inviting people to speculate how much that entire market does in revenue each year.
I hope you have every penny you own invested into this.
I hope you have every penny you own invested into this.
I think this settlement is going to have broad implications. Vringo appears to be going after WiFi router manufacturers. If their base station patents cover wireless routers that would be a nice honeypot. Anyone care to guess how many millions or billions of dollars the wireless router market is worth?
The company cannotnsay anything other than what is public knowledge. This is ongoing litigation. It is in their best interest to keep their mouths shut on what their plans are. There isn't some turn around strategy that a normal company would disclose to their shareholders.
The strategy going forward is what it has always been: LITIGATE! And sorry we do not comment on ongoing litigation.
ZTE is very much alive. It's the one play Vringo has left that can generate a hundred million dollars or more that it needs to justify a higher share price. Even at 80 cents per share Vringo is over valued.
It shouldn't be any surprise that VRNG is dead money. The Google trial has been a complete disaster for them ever since the ruling on laches. Anyone who expects a recovery on anything related to litigation against Google is going to be sorely disappointed.
The Google ship has sailed folks. It was fun while it lasted. Hopefully they make something out of ZTE. That's the only thing that will restore a few hundred million in valuation.
I am proud to say that own ZERO shares of VRNG. I got out almost exactly one year ago from when the crippling CAFC ruling was handed down (by one day, Aug 16th vs Aug 15th).
Im sure you've lost a lot of money so far on this play. But you have to be honest with yourself and realize that VRNG has lost. They have only one option left to try and recoop this potential billion plus dollar payday and the odds are not in their favor.
I hope all VRNG longs get something back with a favorable ZTE ruling or settlement. Unfortunately you're going to be waiting a long time for that.
Sorry bud but this case is over. Vringo has what amounts to a hail Mary pass from inside their own goal line, 4th down with 5 seconds left on the clock.
Jesus has a better chance of coming back from the dead than Vringo does here.
Someone has to write Vringo a very large check, or many many many smaller checks for gains to hold. That ain't happening anytime this year.
Par for the course. Maybe when Q1 2014 financials are out we can get an idea of how much the ADT settlement was worth.
My money is on Uruguay's pot being grown and harvested before FITX ;)
Thank you Captain Obvious.
According to the last investor call, ZTE hadn't even approached the company about any form of settlement. Even if ZTE did settle, you can guarantee that the terms of the settlement will not be disclosed. Everyone will be waiting three months to be able to have the opportunity to decipher the Q10.
The only news that is going to cause this stock to pop is Vringo providing some form of settlement announcement complete with financial figures. If the terms of the settlement are private then you're going to have to wait for the first Q10 after the initial payment is made.
I know everyone thinks appeals is going to be over soon, but sorry to say it isn't. If you thought Google's legal team dragged out the post trial motions, then believe me, you haven't seen anything yet. QE will do everything they can to prevent a billion dollar judgment from sticking to their client.
With every peak of the stock price comes a valley.....and a brand new set of underwater longs. It's going to be tough to breakout even with the most positive news.
Payment schedule from who, Google? Probably going to be waiting a few years on that one. Google now has a billion reasons to try every legal tactic available, including another design 'work around'. Don't forget about endless stalls, motions..etc.
When does Microsoft pay their 5%? It is now, or after the appeals process.
As we say in VringoLand, there's always next week.
What CASH win are you referring to? VRNG hasn't seen a dime and will not see a dime for awhile. We all saw what happened to Apples verdict over Samsung during appeals. Let's not be ignorant and assume the same can't happen to Vringo.
Can anyone explain this? How does VRNG nail a billion dollar verdict and only see a dollar price increase when VHC gets a 340M verdict and see it's stock price go from $20 to over $40.
Who else feels like a kid on Christmas Eve?
I really hope that you believe that and have sunk a very significant amount of money into this stock based off that belief.