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Going... going... gone.
Good luck with future endeavors. Made some money trading FNJN, but they still leave a bad taste in my mouth.
Hartstein and Noonan got over $5 for their shares and then failed to negotiate in good faith so they could milk the gravy train a bit longer. Noonan knew it would come out eventually and headed for the hills. Hartstein has no shame and stayed. What a system we have where this is all legal and there is no recourse.
Four lawsuits with basic descriptions here:
https://ir.finjan.com/sec-filings-email/content/0001104659-20-081815/a20-22252_3sc14d9a.htm
I should be able to find them once I set aside the time. Might be helpful to just copy and paste a few paragraphs of what is alleged for people who aren't familiar with how to navigate PACER. Thanks.
If I held shares now, I would be selling at $1.54 just in case it fell apart. Hundreds of thousands on the Bid at $1.53 for the sure sale.
I will have to check it out on PACER. Hartstein and Noonan should have their profits disgorged from when they sold their remaining shares over $5. They had no more skin in the game and continued to collect salary and benefits while utterly failing to uphold their fiduciary duty to shareholders.
At least Noonan had enough sense to run before TSHTF.
I gotta tell you, Paullee. I am always first and foremost a shareholder advocate. When I see management failing to act in the best interests of shareholders, I blow the whistle. We have butted heads in the past over my exposing the negative. That was an absolutely sickening chronology. I had to lift my jaw off the floor after finishing.
I don't even know what to tell you anymore. I hope they are held accountable, but we both know that is not likely.
Unreal!
Absolutely unbelievable and a clear failure to uphold their fiduciary duty to shareholders:
"On November 7, 2018, Party C submitted a revised non-binding proposal to acquire all of the stock of the Company for $5.10 per share in cash. Party C also requested the exclusive right to transact with the Company through November 30, 2018 with the possibility of extending such exclusivity through December 14, 2018. Party C explained several weeks of exclusivity was necessary due to the Company's unique business and the need for significant intellectual property and litigation due diligence and that this period of exclusivity was a requirement in order for them to commit the necessary time and financial resources to such due diligence effort."
THEY HAD AN OFFER OF $5.10 AND SOLD YOU OUT TO CONTINUE TO COLLECT SALARIES AND BENEFITS!
Hartstein sold his shares for over $5.00 as the offer leaked. Why would he do the deal now? He got his cash for shares and could still milk it for salary and benefits.
If there isn't a class-action lawsuit for failure to uphold his fiduciary duty to shareholders you are a shameful group!
They refused to continue negotiating in good faith and continued to spurn offers up to $3.50. $1.55 is a joke with what was on the table and you got SCREWED!
Interesting. Fortress taking out the troll.
No worries. I sincerely do wish you and the rest of the gang come out okay. You sound like someone I would enjoy having a beer or six with. I really do understand how they can appear to look okay on paper. It puts it into perspective when you have followed them for a long time and know for a fact their guidance is all nonsense.
Have fun if you want to trade a small speculative position. This can be traded. Just don't fall in love with it and get in too deep. If you are in deep, I recommend going back a ways and read old guidance and listen to old conference calls. Then compare them to what actually happened in the future.
Best of luck to you!
Ummm... why did you change a clear quote of, "They can survive three or more years" to "ONLY Survive 3 years!"? They might hang on for ten years, but it doesn't change the fact there is no longer a path for shareholders to share in their personal enrichment. They don't have enough cash left to transition into a real company. They will just milk the remainder of an obsolete patent portfolio where the big money-makers have now expired.
Some of us have followed them for many years and have heard the many Hartstein lies over and over while he pumped the price to dump his shares much higher. We saw Noonan jump ship as he knew it was no longer a viable company
It is unlikely you will see new license agreements unless it is for a nominal nuisance settlement. Their current portfolio of patents is irrelevant as the two big ones that have generated most of the revenue through the years expired. Everybody is just running the clock out on them now.
Best of luck to you. I understand they can look intriguing on paper, but dig further. Their time has come and gone and they gave themselves huge bonuses of more than their annual salaries and burned cash on frivolous things instead of using the cash to transition to a real company with recurring revenue.
The timing is unknown, but the end result is obvious.
Too bad it is delayed again. Now take October 2020 and add two years before appeals would play out. Cisco is the master at delaying things. I don't see the possibility of any significant revenue for at least two years. Nothing is close.
Also, NortonLifelock (formerly Symantec) is in the process of upgrading everyone for free with enhanced services that include VPN. Even though it is obvious that the Finjan VPN is just a sham so they can claim they aren't a Non-Performing Entity, (Patent troll) there are numerous free VPN products and it is included in other subscriptions now. There is not even the possibility of that becoming a real revenue stream now.
My opinion is still that Finjan exists to enrich insiders and there is no path for shareholders to benefit. The money-making patents expired and the current cases don't have a lot of potential. It is shameful they never actually developed a real core business when they had the cash. They can survive three or more years, but looks to be pretty much dead money with maybe a few trading opportunities here and there.
Still wish you all the best. Thanks for the Law360 reprints Paullee.
Correct. 1:30 Pacific. 4:30 Eastern. Court is in California.
You can view the Pretrial Conference Thursday:
CLERKS NOTICE CONVERTING THE PRETRIAL CONFERENCE ON 4/30/2020 AT 1:30 PM TO A ZOOM WEBINAR.
***REGISTRATION OF COUNSEL IN ADVANCE IS REQUIRED, SEE BELOW***
Pre-registration by counsel with the clerk in advance of the Pretrial Conference must be done by emailing one list from each side of the names of counsel who will be participating in the hearing to blfcrd@cand.uscourts.gov no later than Wednesday, April 29, 2020, at 2:00 PM, PST.
All counsel, public, and press will join the webinar as attendees and be able to see and hear the proceedings, but will not be able to actually participate in the proceedings until the Court switches them over to a participant. Before each case is called, counsel who have pre-registered with the clerk in advance of the hearing will be converted from attendee to participant. Once the hearing ends for their case, they will be switched back to attendee.
The links below are for all counsel, members of the public and press to use for accessing the Pretrial Conference on April 30, 2020, at 1:30 PM.
***All Preregistered Counsel participating in the hearing shall sign in no later than 1:20 PM for check in.***
Please click the link below to join the webinar: https://us02web.zoom.us/j/86506417530?pwd=S015Um41ZEtITm9wRHFucURBelR2UT09
Password: 490854
Apple is another that will try to crush all accusers. They don't care if it costs more than a settlement. They view it as cost of doing business and prevents others from seeking damages.
Cisco has done this for decades. I said from the very outset they would rue the day they filed against Cisco. Final pretrial conference still going forward, but via telephone:
The following transaction was entered on 4/15/2020 at 9:35 AM and filed on 4/15/2020
Case Name: Finjan, Inc. v. Cisco Systems Inc.
Case Number: 5:17-cv-00072-BLF
Filer:
Document Number: 522(No document attached)
Docket Text:
CLERK'S NOTICE RE FINAL PRETRIAL CONFERENCE SET ON APRIL 30, 2020.
Due to ongoing health concerns, the Final Pretrial Conference set in this case on April 30, 2020 will be held telephonically at 1:30 PM.
To join the hearing, call (888) 278-0296 and use the following access code when prompted: 9795027.
Counsel and parties joining the hearing are to dial in at least 5 minutes before the hearing for check-in. If possible, counsel and parties joining the hearing shall use a land line rather than a cellular telephone. For questions regarding telephonic hearings, please contact Tiffany Salinas-Harwell by email at blfcrd@cand.uscourts.gov.
(This is a text-only entry generated by the court. There is no document associated with this entry.)
(tshS, COURT STAFF) (Filed on 4/15/2020)
Change of counsel approved:
The following transaction was entered on 4/15/2020 at 7:57 AM and filed on 4/15/2020
Case Name: Finjan, Inc. v. Cisco Systems Inc.
Case Number: 5:17-cv-00072-BLF
Filer:
Document Number: 521
Docket Text:
ORDER GRANTING PLAINTIFF FINJAN, INC.'S UNOPPOSED MOTION [519] TO WITHDRAW AND SUBSTITUTE COUNSEL. Signed by Judge Beth Labson Freeman on 4/15/2020. (blflc3S, COURT STAFF) (Filed on 4/15/2020)
Definitely not due to a settlement as they are still deep in the weeds with petty motions and challenges. Cisco making this a very expensive litigation fighting them every step of the way:
The following transaction was entered by Johnson, Nicole on 4/14/2020 at 10:35 PM and filed on 4/14/2020
Case Name: Finjan, Inc. v. Cisco Systems Inc.
Case Number: 5:17-cv-00072-BLF
Filer: Cisco Systems Inc.
Document Number: 520
Docket Text:
Declaration of Nicole E. Grigg in Support of [507] Administrative Motion to File Under Seal Plaintiff Finjan, Inc.'s Opposition to Cisco Systems, Inc.'s Motion to Strike Portions of Dr. Nenad Medvidovic's Amended Expert Report of Infringement of Patent No. 7,647,633 filed byCisco Systems Inc.. (Related document(s)[507]) (Johnson, Nicole) (Filed on 4/14/2020)
Kramer Levin ranked #34 in 2018 profits and Fish & Richardson ranked #48 so they are similar in size. I am aware of both being pretty well-respected and don't know if it is a perceived up or down move.
https://en.wikipedia.org/wiki/List_of_largest_United_States-based_law_firms_by_profits_per_partner
It is just that Kramer Levin attorneys have been intimately involved with Finjan for many years and know all of the nuances and challenges to their patent portfolio. It is really odd to make a change years into a case and right before trial.
I'm sorry, but I don't have anything much to add. Just the fact the change is happening and no knowledge of the circumstances or relevance. I passed on buying under a buck, but hope long-suffering shareholders get one more good chance to unload before they fade away.
And it begins:
The following transaction was entered by Kobialka, Lisa on 4/14/2020 at 4:42 PM and filed on 4/14/2020
Case Name: Finjan, Inc. v. Cisco Systems Inc.
Case Number: 5:17-cv-00072-BLF
Filer: Finjan, Inc.
Document Number: 519
Docket Text:
MOTION to Withdraw as Attorney Plaintiff Finjan, Inc.'s Unopposed Motion to Withdraw and Substitute Counsel filed by Finjan, Inc.. Responses due by 4/28/2020. Replies due by 5/5/2020. (Attachments: # (1) Proposed Order)(Kobialka, Lisa) (Filed on 4/14/2020)
The first Kramer Levin attorney has withdrawn. I expect to see the rest follow.
2017-11-06 Anticipated expiration
Another old and expired patent with limited potential in older cases. Their time to monetize has come and gone. That is why their market cap was less than cash on hand last month when it hit 78 cents.
Two more Fish & Richardson attorneys filed today to join the Finjan v. Cisco case in addition to 7 from yesterday for 9 total. One from Southern California office and one from Atlanta office.
Still curious if they fired Kramer Levin this late in the case.
They were still under a buck last week so I'm not chasing this, but still watching. I would have unloaded at twice last month's low. Just can't see them creating any shareholder value with remaining patents and cases. Still think they only exist to pay salaries, but good luck to all. Hope it works for you.
7 attorneys for the firm Fish & Richardson just filed notices of appearance in Finjan v. Cisco. They wouldn't change firms this late so that tells me they may have settled the case. FNJN up 10% today on 247,590 shares.
I caught the obscure reference when they settled with Symantec and I may have spotted something relevant here. Will be interesting to see.
The '844 patent is expired. Kind of misleading for them to talk about the past licensing revenues and not include the patent is expired. Of course there is still the possibility of limited damages in current cases, but their two big money-makers the '844 and the (forget the number '9XX) are both expired. There are probably no more new cases or licenses forthcoming. Just some nuisance payments.
They never transitioned to anything other than patent troll even though at one time they had the money to do so. Finjan exists to pay salaries and there will never be any shareholder value created. Their patents are either expired or past their prime and they will fade away now. Still interested in seeing how Cisco plays out. I have been following fairly closely and Cisco is stomping all over them and making this a very expensive litigation.
Oh well. Worth a try:
Notice of Electronic Filing
The following transaction was entered on 2/3/2020 at 1:56 PM PST and filed on 2/3/2020
Case Name: Finjan, Inc. v. Cisco Systems Inc.
Case Number: 5:17-cv-00072-BLF
Filer:
Document Number: 416
Docket Text:
ORDER DENYING FINJAN, INC.'S MOTION [380] FOR SUMMARY JUDGMENT OF THE VALIDITY OF U.S. PATENT NOS. 8,677,494 AND 6,154,844; AND 7,647,633. Signed by Judge Beth Labson Freeman on 2/3/2020. (blflc3S, COURT STAFF) (Filed on 2/3/2020)
My sheet is right. I didn't get taken by a syndicate promoting a dead shell with obvious lies that took a short time to refute.
They moved on to their next victims leaving you holding the bag. Why are you attacking the one who took the time to prove to you it was a sham so you could get out instead of the ones who conned you?
You could have had over .001 when I first exposed them. Now you can sell for .0007 as it heads back to .0001 if not suspended first.
Your bitterness is misdirected. Have a great day... a little bit wiser.
You can't "lie" about an opinion.
"Suspension and Revocation by the SEC are in the future."
Nobody knows the future. Any statement on the future is by definition an opinion. Let me fix it for you with the implied additional wording:
In my opinion, suspension and Revocation by the SEC are in the future.
Is that seriously all you had to comment on after I debunked all of the blatant lies and misrepresentations?
With their next news
LOL! What was their LAST news? Guess I missed it. Please provide the link to a single piece of news that the company has issued. That would be IMPOSSIBLE as Gold and Gemstone Mining Inc. no longer exists. Their corporate charter was REVOKED years ago.
Just one piece of current news please and not some upload of a 6 year old report or rumor that someone knows someone who said something.
A bunch of lies and misrepresentations!
uploaded by Ivan Mondragon on March 24, 2019 which shows this exploration process has been in progress since early 2019
It refers to the recently acquired Gringo Viejo project. It was acquired in 2014. That PROVES it was an old report.
https://www.marketwatch.com/press-release/gold-and-gemstone-mining-completed-acquisition-of-gringo-viejo-project-2014-08-19
Ivan is managing the Gringo Project on behalf of $GGSM through his other real estate management related company Inmobiliaria Invictus.
Pure lie. Ivan quit working for GGSM long ago. He updated his LinkedIn account in 2017 showing he was no longer affiliated:
Gold and GemStone Mining Inc (GGSM)
Director Operations in Mexico and Vice President of Exploration
Company Name
Gold and GemStone Mining Inc (GGSM)
Dates Employed May 2014 – Mar 2017
Employment Duration 2 yrs 11 mos
Location Culiacán y alrededores, México
https://www.linkedin.com/in/ivanmondragon/
$GGSM verified their profile around 1/24/2020 and it shows Ivan as CEO.
That is a lie. Ivan left GGSM in 2017. This is his current position as can be clearly seen with the above link to his profile:
Grupo Impulsor de Economia, SAPI de CV
Total Duration 2 yrs 1 mo
Title Operations Management
Dates Employed Jan 2018 – Present
Employment Duration 2 yrs 1 mo
Location Culiacán y alrededores, México
Processes, logistics, inventories, BSC, TQ
Gemologists Anton Zenon Nobert is still working for $GGSM
Another blatant lie. He NEVER worked for GGSM. He is one of many independent gemologists that had a vague reference of working WITH them in the past. He has an independent business and is not an employee of GGSM.
Lie after lie. This is the only link that matters. Gold and Gemstone Mining Inc. no longer exists. Its charter was REVOKED as they haven't made their required annual filings with the state since early 2015. Verify for yourself:
Entity Name: GOLD AND GEMSTONE MINING INC.
Entity Number: E0157872008-3
Entity Type: Domestic Corporation (78)
Entity Status: Revoked
Formation Date: 03/05/2008
NV Business ID: NV20081008267
Annual Report Due Date: 3/31/2015
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
Everything else is pure nonsense unless and until they reinstate their corporate charter. The entity simply does not exist. This empty shell has fallen under control of manipulators and regulators have been informed. They are in the process of verifying now. Suspension and Revocation by the SEC are in the future.
They are trying to con people into thinking there is current activity because something was uploaded to SCRIBD in 2019. You can "upload" anything you want on any date. It doesn't make it current. I can upload the Declaration of Independence today and it doesn't mean it was just written. Here is the PROOF that the Gringo Viejo upload was very old:
DALLAS, Aug 19, 2014 (GLOBE NEWSWIRE via COMTEX) --
https://www.marketwatch.com/press-release/gold-and-gemstone-mining-completed-acquisition-of-gringo-viejo-project-2014-08-19
This isn't even a good con. Amazing how people can be fooled so easily and do zero DD on their own.
It wasn't a few days ago. They filed the Form 15 02/29/2016:
https://www.sec.gov/cgi-bin/browse-edgar?company=gold+%26+gemstone&owner=exclude&action=getcompany
Someone updated the database at otcmarkets.com. They pulled a fast one and used an address of a mail drop when rules require an actual street address. Google their address for yourself:
4020 N MacArthur Blvd
Suite 122
Irving, TX 75038
Mail Ship & More - Mailbox Centers - 4020 N Macarthur Blvd ...
https://www.yelp.com/biz/mail-ship-and-more-irving
4020 N Macarthur Blvd Ste 122 Irving, TX 75038 Got a great deal on a large mailbox rental with 24-hr access. Good location, good hours. Helpful owner. I recommend it. The owner is nice, but odd. The lady that works there is always in a bad mood and never friendly. The place reeks of mothballs and it's dated.
OTC Markets is currently confirming this. Then there is the phone number. Google tht, also:
972-655-9870
OTC Markets | PGPM
https://www.otcmarkets.com/stock/PGPM/profile
www.pilgrimpetroleum.com 972-655-9870 info@pilgrimpetroleum.com Description Pilgrim Petroleum Corporation is an oil and gas exploration and development (E&D) company formed to acquire, develop, and operate oil and gas properties with proven reserves in US.
Phone: (972) 655-9870
Another defunct shell that sits at .0001 and was under heavy promotion last year. Regulators are on it and the death sentence is close. Shouldn't use the same phone number and mail drop for two scams.
OMG! They're still pushing this con this week?
Here is all the DD you need. The company was incorporated in Nevada. Check out the OFFICIAL status and not some baseless pumping:
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
Just type "gold and gemstone" in the "Name" field. It will take you straight to the truth:
Entity Name: GOLD AND GEMSTONE MINING INC.
Entity Number: E0157872008-3
Entity Type: Domestic Corporation (78)
Entity Status: Revoked
Formation Date: 03/05/2008
NV Business ID: NV20081008267
Annual Report Due Date: 3/31/2015
They are GONE. Their charter was REVOKED. There is no entity called Gold and Gemstone Mining Inc. This empty shell has fallen under promotion and will probably be suspended very soon. Your first clue is the brokers are catching on and requiring phone orders only.
S DON'T CARE ABOUT ALL THAT RIGHT NOW, FILINGS ARE IMMINENT
Riddle me this. How do they submit filings for an entity that no longer exists? Nobody has the authority under a corporate charter to act on behalf of the corporation. Unless and until you see the corporation return to good standing, there can be no SEC filings.
By the way, the guy who said filings were upcoming recanted. He showed on twitter the texts where the guy who first said it later denied it and then blocked him.
It was all a scam.
No filings with no existing legal entity. DD 101 stuff.
Tell that to the SEC. They are usually feckless and impotent and allow empty shells to exist. Once they get hijacked and fall under promotion, they WILL respond and suspend trading and then revoke the registration.
Still looking for just ONE person that can name a single officer or director. Just ONE person that can point to a current business license.
Gold and Gemstone Mining Inc. had their license revoked in 2015. The entity no longer exists and you are being conned.
"If GGSM puts out some news"
There is no entity called Gold and Gemstone Mining Inc. in existence. Can you really not understand that?
Show us what state they are incorporated in. Show us any current business registration anywhere. Show us the name of a single person that claims to be a current officer or director.
A good description of what is going on here:
https://www.sec.gov/oiea/investor-alerts-bulletins/dormantshell.html
These companies also may not file periodic reports with the SEC that would provide public information about their business and financial condition and may no longer be in good standing in their state of incorporation. Dormant shell companies often have no officers or management. As the name implies, these companies are simply shells.
Fraudsters have been known to use dormant shell companies in pump-and-dump schemes. For example, fraudsters may buy shares in the shell company and then claim that the company has developed a “hot” new product (in this case revived news of an old project from 2014). In some cases, the company will also announce that it has new management or corporate officers.
These actions often cause public communication about the once-dormant company to increase. Press releases, promotional campaigns, social media and penny stock chat rooms begin to tout the stock. (Typically, regulatory filings remain dormant.) The stock gets “pumped” back to life. Trading becomes more active, and the stock price can soar.
Unfortunately, investors drawn in by these promotional campaigns often find themselves on the receiving end of the “dump.” Fraudsters cash out by selling their shares at higher prices and reaping significant profits, while tanking the stock price and leaving investors with worthless or nearly worthless stock.
LOL! What does a defunct company have to do with the price of gold? Buy gold if you like the prospects and not promoted shells that needed to be pumped to get to one tenth of one penny.
The initial pumpers sold last week leaving you holding the bag. The next wave will sell tomorrow leaving only the most naive and gullible left when the music stops and all of the chairs have been removed.
Entity Name: GOLD AND GEMSTONE MINING INC.
Entity Number: E0157872008-3
Entity Type: Domestic Corporation (78)
Entity Status: Revoked
Formation Date: 03/05/2008
NV Business ID: NV20081008267
Annual Report Due Date: 3/31/2015
They didn't file annual report going back to 2015. Their charter is REVOKED. They are GONE. There is no legal entity called Gold and Gemstone Mining Inc. Is that really so hard to comprehend? Verify it for yourself:
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
The fact that an ex-employee uploaded a report from 2014 to SCRIBD last year does not make this legitimate. Not one person can point to a single individual who is a current officer or director of the company. Sheesh! Darwinism at its finest. The truly clueless losing their money to the conmen.
He is trying to right the wrong. The individual that stated those things recanted them and admitted he is no longer with the company.
DD is an ongoing process. You can either update yours with current info or get left behind relying on old information.
Took my buddy and I one hour on Friday to do some research and make some phone calls to determine this is just a promotional scam. There is no entity to make SEC filings.
Gold and Gemstone Mining Inc. no longer exists. That is the only FACT that is relevant and anybody can verify it. Charter was revoked years go.
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
Unless and until the legal entity is reinstated, there can be no SEC filings. There is not one officer or director I can find that was associated with the entity who claims to still be a part of them.
The SEC allows blatant frauds and scams to continue to trade. I have gone round and round with them on this fact for years. They WILL act to halt trading in a defunct shell once it falls under promotion. That is also a FACT. Brokers requiring phone trades only means it is getting on the radar and don't be surprised when you wake up one morning and your entire position goes POOF.
Stop it. You're making too much sense. Their heads will explode!
I get it that some rely on conning the most gullible and naive out there. If you want to try to scalp a few decimals down... good luck. Just don't be the mark that actually believes this is investment-grade or even speculative-grade. It is a game of musical chairs and all of the pumpers found out Friday the jig is up. You snooze you lose.
"Gringo Viejo Project was Uploaded March 24, 2019"
Oldest con in the book. I can UPLOAD the Declaration of Independence to SCRIBD today and it doesn't mean it was written recently.
Read it. It refers to the RECENTLY ACQUIRED Gringo Viejo property. The acquisition was in 2014. That PROVES it is an OLD document that just happened to have been uploaded in 2019.
Seriously, why are we even discussing the validity when you can't get past the FACT that the charter was revoked in 2015. It is a defunct, dead company. The legal entity doesn't exist.
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
Go verify the charter is revoked and then tell me how they can do anything from here.
Another link proving that was old news from 2014:
July 22, 2014 08:30 ET | Source: Gold & Gemstone Mining, Inc
https://www.globenewswire.com/news-release/2014/07/22/652410/10090357/en/Gold-and-Gemstone-Mining-Signs-MoU-and-Acquisition-of-Gringo-Viejo-Project.html
Your money, folks. Do a little DD and quit playing the sucker to conmen.
Why don't you tell them that the business license was revoked in 2015 and that Gringo Viejo project was from 2014 and nothing came of it before they went under.
Verify business license revoked:
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
Verify Gringo Viejo was from 2014 and they are trying to pump old news from a defunct shell:
https://www.marketwatch.com/press-release/gold-and-gemstone-mining-completed-acquisition-of-gringo-viejo-project-2014-08-19
Why do you think they can't show you a current website for the company or point to a single person that claims to still be a officer or director of the company? They hijacked an empty shell and are conning the gullible with 6 year old news stories.
I haven't peeked here for awhile. I saw $2.75 in premarket and told another ex-Finjan follower I was going to short at $2.50 when regular markets opened. Was a dud open and never got the chance.
I remember when they announced that all remaining cases were worth at least $10M and the very next day announced one for I think it was $6M if not less. They are down to collecting tiny nuisance amounts. Their big money patents expired and nobody wants to license the rest.
Cisco is their last hurrah and I have been following that case and don't think they are going to come out too well.
Hope you get out of it what you want with all of the time invested here. Best wishes and hope you have a great 2020. You may see more of me leading up to Cisco trial.
Perhaps you can name just one person who is a current officer or director? Can you point us to an official website? Any place at all where we can see a current business license?
The brokers started getting skittish this week. That is the first step that there is a very real chance the SEC steps in. They leave these defunct companies alone... until they start getting promoted. Don't be surprised when it goes poof and fails to open one day.