![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, August 16, 2014 9:06:36 AM
The cost of the NOK mobile patent portfolio was $22 million + 35% of any revenues generated (but only after the first $22 million is recouped), so it's clearly worth more than $22 million. And there is a much longer shelf life to these patents as compared to the search patents.
These NOK patents are currently being litigated against ZTE (big opportunity) and Belkin (small opportunity). ADT/TYCO have already settled whereby VRNG has received over $1 million to date from the two combined.
Also, the NOK patents cover so many different areas of technology, it's really impossible to guess which patents VRNG will assert next and who they will go after next.
Just based on the NOK patent portfolio opportunity by itself, that's a very reasonable starting range you present. Value should be much higher if they can structure a good ZTE licensing deal.
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM
Maybacks Adds Award Winning Show to Its Lineup Discusses Maybacks Opportunity • AHRO • Aug 22, 2024 11:30 AM
North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • NBRI • Aug 22, 2024 10:28 AM
All Things Mobile Analytic, Inc. Reports Major Growth with Over $11 Million in Revenue • ATMH • Aug 22, 2024 7:19 AM
Unitronix Announces Strategic Entry into Cryptocurrency Space • UTRX • Aug 21, 2024 10:00 AM