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Thursday, March 16, 2023 7:20:24 PM
My guess is within a few weeks the share price will begin to increase. There is a lot f interest in this company. I talked to Rich for the first time recently. He didn't seem tired of the fight. I specifically discussed Judge Albright and he indicated it was unlikely the trial would be delayed further.
Based on that discussion and others it sounds to me like it is very likely a settlement will be reached prior to the trial. Of course that can happen the day of the trial. Personally I doubt it goes that long. I don't see Verizon and T-Mobile wanting to hope for a settlement the day of the trial. That could end badly for them as no settlement means they are forced to have a trial and be found guilty with huge settlements.
I am not flush with shares. i would love to have more but I have enough that it only takes $,50 - $1 to make me happy. No promises from anyone but the downside risk vs reward is massive. I know they are going to the judge to get the last decision changed. I don't believe it ends completely in VPLMs favor but will be a win when they get the judge to change his decision.
The last thing is raising the cash to get through July. That should not take a lot. If they can settle prior to the trial the company will be flush with cash and be able to take the other suits to the end. It will also put pressure on the others to settle. This isn't likely to be a move from $.05 to $2 in one day but every settlement moves it higher. Hopefully a move to $.50 to a dollar with the settlement.
Recent VPLM News
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 09/19/2024 08:32:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/11/2024 10:20:59 PM
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