Finjan Holdings Inc (FNJN)

[lbcb123]

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.