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There has been a bunch of people suspended from stock twits for posting info about google and ZTE case. V24 as well as myself and I'm sure a few others have had their accounts suspended. I was suspended for pisting this article http://techcrunch.com/2014/02/23/kantar-smartphone-sales-android/ saying that this is y google is so interested in the Zte case vs V. Here is the message I received from the moderator
Your StockTwits account was suspended for violation of our House Rules regarding:
Spam: Posting the same, or very similar, messages or links multiple times.
Your Message: $VRNG http://stks.co/r2evd
I only posted this once so obv any 1 who posted anything related to google or mentioned google had their accounts deleted. I wonder who had a hand in that? Google may be? I wonder if J seabrook or Giles or patent plays where deleted also? All my posts have been erased as well as v24 and a few others I'm sure r gone. Now any credible info will have to b found on v24 site or here. Stock twits now owned by google
From 817 to 250 mill that is a low ball $ amout. I doubt that that's what V would settle for. They r looking for FRAND and that FRAND number is based on what other infringers of the patent r paying. 250 mill? That leaves 567 mill on the table, I personally don't think so. So they settle for 250 how would that look to a small patent holder with a SEP patent that it needs defended and is looking for representation? Would u hire a firm that left do much $ on the table? I wouldn't. FRAND is fair and reasonable may b V's numbers r high but I don't think there 560 million to high. When court issues FRAND we will see what the $ amount is. They have already stated that Z came up with a number and V stated that it wasn't FRAND so it was rejected. This number will b the number that all infringers will pay V and FRAND is what's fair
When a stock gets delisted it has to b under $1 for a certain amount of time which we will reach in December. It also has to have a market value of 1 million. I think even with reverse split or market value will b above 1 million. Reverse split is the only way to correct the min SP of $1. http://wiki.fool.com/Delisting_Process_for_the_NASDAQ I don't c how complaining about management is going to do anything. Call them their number is listed on the filing and get answers to your questions. Y management haven't bought etc. ranting in here won't get any answers. Or sell and take a loss and except it and move on
The price action today was normal I don't no how long u have been watching this from "the fence" but this is normal. Pop on news then slow grind back down. It has traded this way for YEARS. No money in the bank means slow grind back down. V has potential at 800 mill + win, V's cut about 500 mill. I don't no if u even read the court filings but Z just admitted on the current court filings filed TODAY that V has SEP patents and that Z should pay FRAND only Z thinks F in FRAND means FREE. The number that V came up with is obv based on others who r already paying for these patents. Z has been violating these for 10+ years. So r others that have been listed in the suit TDL, Lenovo OPPO And others. I have already shown that u post incorrect info on V vs google. Like TEVA and why it was not reversed bc of indefiniteness, which isn't an issue for V. What do think is going to happen when the judge issues his sanctions? Pps will go up. Or when the G filing becomes available the pps will go up. Just a side note u keep listing the days of delisting everyone is aware of it, there can b a reverse split or did u miss that. In the meantime the timeline for France to rule is now till end of September. Germany appeal will have been heard and denied and can't b reappealed. U don't understand that money isn't coming tomorrow but we get a step closer with every filing. Z ADMITTED IT OWES $$ BUT AT FRAND. My guess is they want their version of FRAND which is 0. NDA will cost huge if it goes to court.
REMEMBER... EVERYONE KNOWS ABOUT THE TIME LINE FOR DELISTING AND THAT THERE CAN B A REVERSE SPLIT. Pretty simple
ALSO... After Z case is done and they have lost how fast do u think the others will settle? Pretty dumb to fight a battle that has been lost by Z. Pretty quick I assume. Also for 2014/15 the amount sold by the 3 top phone companies listed(Lenovo, oppo, TCL etc) have sold 187 million smart phones https://en.m.wikipedia.org/wiki/List_of_best-selling_mobile_phones
That isn't a small amount they will have to pay and it will go back as far as 2004
This isn't a sprint it's a marathon that V WILL eventually win. Enough cash to last over a year both battles will b done by then.
Sorry again u r wrong, V will get GVR based on TEVA https://en.m.wikipedia.org/wiki/Teva_Pharmaceuticals_USA,_Inc._v._Sandoz,_Inc. PLEASE READ THe first SECTION this will b the same reason V will get a GVR this is new legal precedence.also read http://www.scotusblog.com/case-files/cases/teva-pharmaceuticals-usa-inc-v-sandoz-inc/ BUT the TEVA case was over turned at CFAC after gvr due to a claim of INDEFINTNESS. Re read the TEVA CFAC loss. reasonable certainty’ definiteness requirement under Nautilus made the invalidity holding even easier to justify. Vringo doesn't have an indefinite problem TEVA CFAC GVR ruling http://patentlyo.com/patent/2015/06/remand-deference-indefinite.html.and yes ZTE can also appeal but they have to have a basis for an appeal and what would that be? It's pretty obvious that they violated the NDA and as long as there r no errors THE APPEAL WILL B DENIED. In the meantime France ruling will have happened issuing FRAND, Germany appeal will b over and cannot b re appealed. Injunctions remain in place. In the meantime Z will have sanctions against them within the next week or so as per court filings, Z is to reply to the judge y they should not b sanctioned.
First of all your post is incorrect, the stock doesn't have to b above $1 for 30 consecutive days its 10 consecutive days http://finance.zacks.com/nasdaq-delisting-rules-7450.html read up about it. The google case will b over in early 2016 as if it doesn't get overturned then it will most likely b granted a GVR in October. This WILL BE HEARD in early 2016. Then it's over google pays. Yes they may appeal the RR but they still will have to pay from when the trial started to the trials conclusion. Their appeal will b on the rate going forward of 6,5%. Then other appeals R back on with latches and jury error. Jury error corrected from 30 mil to 300 mill+. Latches mean they can now collect back further years based on the Raging Bull SCOTUS copy right case. Yes it applies latches for patents and copy rights r the same. Google has not to any ones knowledge have filed a brief that was due July 29th. Z NDA case will b over early 2016 at the latest if settlement isn't reached first which is a high possibility given the evidence that has surfaced. Please look at facts first before making statements like delisting requirements. Reverse split is also a possibility to meet requirements.
Here is a better place to get FACTUAL info rather then opinion https://vrng24.wordpress.com/2015/04/09/vrng/ hats off to v24 for his hard work. Google reply brief due last night by midnight and it will b set for conf I assume oct with either it being overturned or granted a GVR in light of TEVA
Thank u for that court filing from APRIL 17TH, we r already aware of the extension that they got 3 MONTHS AGO!! Thanks for keeping us up to date. So we r all aware of the time lines
Delisting won't happen until December, in thee anytime we r waiting for a determination from France on FRAND which should b this Q. Or the Romania search and seizure that is presently going on and if V violates this order what will happen? they already violated it in brazil. The reason they where fired was because of how they reported ER is my understanding. It doesn't matter who does your books it ALL HAS TO B REPORTED TO THE SEC. We also have the google response to V SCOTUS appeal which should b interesting deadline is July 29. What r they going to say? That the court should ignore the 7th amendment and 52a(6) bc they r google and they own the courts. Or that they should ignore TEVA precedence bc they r google and they contribute to the powers that be. The law is the law and 7th amendment was put in place so people like google can't use their unlimited $$ to affect rulings and appeal endlessly, bogging down the court system with appeals. Rights r put in place to protect EVERYONE. Y waste your time here may b u forgot to read the filing by V against ZTE about posting negative info on sights like this?
I would hope they have concrete evidence before make such an accusation. Cause if it can b proven that they had a smear campaign on ST or ihub and evidence of the heavy shorting by Z, that would not look good in a court of law and will cost them a ton. My personal opinion is that they stretch NDA out as long as they can as pre trial motions aren't till January. Then they offer a settlemt which I hope V doesn't accept and they pay billions
Being short is risky? U didn't point to 1 positive ruling that has come out. Like injunctions remain in place and that it shows the strength of the Nokia sep patents. And how the G SCOTUS appeal was pure brilliance and that either the appeal will b overturned or at the very least a GVR will b granted? How filings yesterday have some serious implications for Z, accusing them of affecting V stock price in an attempt to devalue their patent portfolio? And that after every ruling there is heavy shorting going on to have SP negatively affected and makes it look like positive news of injunctions that remain in place and appeals that r denied to Z multiple times r a no event? These r huge accusations that could result in massive damages award if proven. Don't forget the accusation that Z has planted people on message boards spamming negative info in order to create negative shareholder confidence! And how certain account on stock twits have been suspended due to irregular activity. I wonder who they would b referring to? Haven't heard from dam78 in a while? Did he get banned from here due to the spamming of negative info? I wonder who else posts such info? This stock is a spec stock and has had nothing but posting rulings almost weekly and yet its heavily short to depress SP in order to weaken its financial position, by who? Z even try's to get the courts not to award injunctions due to the financial position of V, so who would benefit from suppressing stock price? Z!! From 2009-Q1 2014 ZTE smart phone sales where in the 250-300 mill+ area that's a massive award in itself FOR ZTE ONLY. Doesn't include 2004-2008 or future royalties with ZTE selling an average of 50-60 mill phones per year without growth is another 250 mill phone GUARANTEED INCOME. Not to mention that the court filing refers to ALL CHINESE COMPANIES ARE INFRINGING ON THIS PATENT!! Don't believe me read filing 146 I think it's on page 52 or 53. Chinese companies account for 1/4 to 1/2 of all phone sold in the world WIKI it and u will see smart phone sales by manufacturer it's a large number if u go back all the way to 2004. The NDA specifically stated that V business has been harmed and future income has been compromised by Z and the NDA breach. Thus affecting all negotiations with other infringer. If proven in court punitive damage amount will be in the billions. Look at the total phone sales from all Chinese companies and how the royalties from 500 mill+ in phone sale from these companies has now been compromised. V will be awarded billions if proven
Interesting court filing number 146 filed today mentions how accounts have been created on stock twits and ihub and spam these board with negative opinions in order to create fear and drive SP down. IN FACT there has been accounts suspended on stock twits due to suspicious postings. I wonder who they where referring to? And how Z is shorting V stock to suppress SP in order to have a negative effect on V financial stability and mention that due to this V shouldn't b allowed to get injunctions. Big money coming
I thought all documentation done by tomorrow and a court date set in August with the judge ruling in January. I thought that was the time line given?
Interesting news u must b reading vrng24's blog as it was posted around that time with a link to the court docs. My question is y? We need to hear more about management not buying stock.
Good news?? Where is the negative press releases other then opinion? Look at the market as a whole it was a sea of red. I can see if they where posting losses of patent infringement but their not. Slowly 1 win after another will finally result in a settlement or win once NDRC issues its ruling or France determines an applicable FRAND rate. All appeals denied in every country and bond denied in every country. Where's the negative news?
Not going to get GVR? What is your basis for this provide credible info and not just opinion. Fast all cases in similar situation as V have been granted GVR. TEVA case was not overturned but that was bc of the use of a measurement that was undefined. If u read the case we don't have that problem, judge jury all unanimous along with several re-examinations by the USPTO. The CFAC judges must rely on the expert testimony given at the original trial and not come to their own conclusion. Read Chens dissent, pretty simple to see that the case will b granted a GVR and most likely overturned its just a matter of time. Oh yes and Russell rebalance is a non event watch for the bounce on Monday. Simple equation no money=stock being manipulated by others. Any small price movement down is not a panic sell, was there news other then Russell rebal? No might booths before we see resolution but most can wait and buy more at this level
V's GVR is based on TEVA ruling where the appeal judges must rely on the evidence given at the original trial and the expert testimony that was given at that level. TEVA loss with the GVR was based on infinite measurement of a key data point and how it can be ambiguous. The V appeal is based on the same thing, the judges must rely on the experts at the district court level and the evidence given there and give difference to those findings. The 2 judges came to their own conclusion without giving difference to the district court findings. Noted in Chen's dissent how the judges retired and came to their own conclusion without hearing expert testimony. Judge, jury and USPTO all unanimous infringed and non obvious. We don't have a problem with indefiniteness in or claim so the GVR should be accepted as other cases similar to tevas have been GVR noting TEVA. The next catalyst is G SCOTUS response in July.
Great posts from msprings, this is exactly what is going to cost Z in the end. Customers gone their amitions of moving into the #3 spot for cell sales will not b able to b obtained if they can't sell products. Especially in the countries where people are not as affluent like brazil and Romania and will rent to buy the cheaper no contract phones. But with Z not being able to sell in these areas there market share will erode but they don't seem to care. As for Wall Street the only thing that it cares about is money in the bank and as of yet V hasn't achieved that YET. But with injunctions around the world holding up to NUMEROUS appeals it just proves how strong these SEP patents are. Wall Street will catch up when they finally settle it could b another 6 months but courts take time and need to b done properly so that the verdict can't b appealed again. After there is a settlement or ruling look for the MULTIPLE that will b added to the stock that's when Wall Street will b chasing. Current multiple on a current stock is 23.80 forward earnings from IDCC which also has sting patents. But look at the average multiple, if V gets an award of even 100 mill after Nokia cut and expenses over 5 years that's still a big premium that will b put on the stock price. After that comes other infringers that will settle fast as its already been proven how strong these patents are. Why risk injunctions and lost sales and market share if you are just going to end up paying anyways? Why is Z doing it? To bleed V dry as best it can
Documents filed in UK state that the trial wasn't supposed to take place until 2016. There is no mention of delay that is when the trial was scheduled. We will get google resolution sooner then original time line, if it follows the TEVA time line which its logical that it should, we should see GVR in oct and resolution sometime in jan. at which point both sides will b full briefed on the NDA case and we will b waiting for a verdict as per judges timeline. No money in means slow erosion of stock price which is typical for this stock. There is past revenues in UK for infringing products going back to 2010 as per court filing. Z has LOST yet another bid to have the injunction in Romania thrown out as per filing last week. This is a waiting game at the moment and as per court filings in UK on Friday vringo can and will recover ALL court costs of about 2-6 million total https://vrng24.files.wordpress.com/2015/04/uk_approved_judgment_june_8_2015.pdf on page 26 I believe is where it states all court costs will b recovered by vringo. Infringement back to 2010 is a lot of $
Greece could b a problem for most stocks, as for vringo I don't see how it will affect the share price because according to what I have read here no one wants the shares anyways so it will have no effect, it will keep trading in the same range as always.
How the TEVA case affects vringo now? TEVA case was GVR'd because of how the judges didn't rely on the original evidence given at trial. The cfac's problem was with indefiniteness, that has nothing to do with vringos appeal. Pg 6 of the filing specifically says that obviousness should only be reversed for clear error this is mayers dissent. Which I see as a positive as there was no clear error all unanimous based on experts provided at trial. V case doesn't have a problem with indefiniteness. We have to wait and see what googles response is to v's scotus filing. my opinion on Russell is that it will have no affect on stock price.
Here's some facts to rebut spooky, mark Cuban article is from 2012!!! No one knows or prob cares if if still owns stock 2) James Altucher article mentions NOTHING about V in the link u provided plus his original article about V was written 3 years ago and nothing since. 3)the google article about meeting with White House is old news even tho it was written march 2015 people in V realize that this was going on when the original article was written 2 years ago so that's old news 3) V is fighting their patent battles out side the US looking for world wide settlements starting in countries like Germany where google cant influence there and have courts that deal specially with patents. Also injunction laws when found to infringe r better in other countries that is Y they r filing suits in other countries and getting injunctions in other countries to force a settlement. As for your price predicts and delisting. Delisting will get extend 180 days just watch. Dropped from Russell? Not going to make a difference either as they have sold off as well
Here r some facts... Removal from Russell is a none issue don't believe me wait and c. Delisting FACTS https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx V market cap is greater then 1mill the only thing that it doesn't meet is the 1$ pice for 10 days. They will have to come up with a plan and present it to Nasdaq on how they r going to meet min requirements. With financing in place and pending revenue stream they will have no problem getting 180 extension. Don't believe the badgers they have no facts only opinion. Iroquois would have put up 12 mill with out assurances that they would get paid back... And make a profit. Sure it won't b tomorrow but Z can't hold out cause pretty soon it will b cheaper to just settle. I'm not expecting google reduction until April 2016 but if TEVA gets fully reversed then I'm sure V will. Judge, jury, USPTO all said non obvious and infringing so if TEVA is overturned fully so will V in light of TEVA. Appeals judges must rely in the expert witnesses and testimony given at the original rial not come to their own opinion. I'm sure this will get deleted as it has FACTS in it not opinion
Monster sell off??? did the stock price drop? Nope. Russell rebalance u say? Who cares its not going to effect V as I'm sure everyone was aware it was going to happen and have gradually sold off their positions. No one is going to dump mass amounts of shares at once as it will drop the price. Try dumping 5000+ shares at once there has to b a buyer at the other end willing to take them. Rebalance won't do anything if u think it will then watch the SP won't move much and continue trading in a range. As for delisting they will receive an extension if u don't believe me look at the rules for delisting and the reasons y the grant extensions and V qualifies.
Delisting will b extended, Iroquois capital just invested 12 mill u dont invest that capital with assurances of a pay back. or your opinion they just handed to them for them to blow? Now they have over a year worth of $. Pay day won't b tomorrow but will b in the next 4-6 months. Plus if V gets GVR and in the mean time TEVA gets fully reversed what affect do u think that will do to SP? Try posting factual info and not the same message over and over about delisting EVERYONE knows about it Y keep repeating it?
@spooky did u read the TEVA ruling at all? It tells u right there in the ruling and sets a new precedent on which ALL cases will now ruled on. They can't go back and say well Alice says this, Alice was the old precedence until TEVA case. TEVA ruling clearly states that Alice was wrong and that appeal judges must rely on the district courts finding of facts and give difference to experts that provided evidence at that level. Read the ruling!!! Look up the meaning of precedence. Stop posting false info. The case can be googled and read the FULL case for yourself. As TEVA relates to V, THE RULING WAS UNANIMOUS by judge, jury look at the V ruling. The judges at the appeals level NEVER heard all the evidence or any of the experts but came to their own conclusions. Read Chens Dissension. The district court was the fact finding in this case and to ignore that is to make the district courts role unimportant as fact finder.