Finjan Holdings Inc (FNJN)

[lbcb123]

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.