XpresSpa Group Inc (XSPA)

[jcimdog1]

I reviewed the litigation update again & it appears the proceeding in Germany is the farthest along but I have no idea how close Vringo is to getting an actual order to pay damages. Clearly, with appeals, etc. it appears all the proceedings r going into 2015. Obviously the concern is the amount of cash Vringo has left. I clearly made a misjudgment in assuming that ZTE would have settled by now. You would think the injunctions would have hurt ZTE's bottom line enough to bring them to the table but who knows. I can only hope that Cohen's experience in obtaining a favorable outcome previously with Nokia will lead to success with Vringo as well.