I got this on yahoo board If you want beef let me offer a couple of suggestions: McDonald’s, Burger King, Wendy’s or Jack in the Box.
If you are looking for a company with a very promising future then stick with VirnetX. VHC will not be serving your average value meal.
What we have here is referred to in technical parlance as a paradigm shift. The entire foundation from which real time communications security has been modeled will be permanently altered once VHC’s patents have been declared the real deal. We wait for Judge Davis to certify the legitimacy of the patents in his forthcoming Markman decision.
I don’t believe that anyone other than the management, engineers and scientists at VirnetX truly understand how ground shaking this technology will be. We are all used to doing things the “old fashioned” way. VirnetX’s Gabriel technology will be redefining security for the entire communications spectrum: internet, VOIP, IM, cellular, remote desktop, video conferencing, etc. The patents and technology will soon represent the gold standard in the world of secure communications.
The call for licensing deals is understandable. But what if there are companies that have or are in the process of negotiating licenses predicated on the Markman decision? The potential reach for the company’s technology is profound, but at the same time so revolutionary that most corporations have probably adopted a “wait and see” attitude. Most potential licensees do not sign before a Markman finding. Once Judge Davis renders a decision, this environment will change.
It is extremely difficult for the average consumer, or for that matter the average investor, to understand the potential impact that VirnetX’s new technology will have. What I do understand, however, is this:
1) Microsoft lost its court challenge to dismiss VirnetX’s lawsuit (06/03/08).
2) If the Markman hearing (02/17/09) arguments presented by VirnetX were without merit, Judge Davis probably would not be taking five months to render a decision.
3) McKool Smith would not be accepting the assignment to litigate the Microsoft action (03/08/10) if they did not believe a victory was achievable. The law firm has won too many large IP infringement lawsuits to take on mediocre or losing cases. They did their due diligence regarding the patents and VHC’s potential before signing on.
4) CEO Kendall Larsen has piloted the company’s finances with great finesse. The normal Silicon Valley strategy of sucking up VC money and diluting company value has not been followed. To the contrary, he has excelled at preserving stockholder value.
5) The market potential for Gabriel technology (and ancillary applications) is tremendous. When you look at the array of potential applications (cloud computing; universal internet health records; mandated government internet security with DNS; and, our country’s growing need to guarantee cyber security for military, commercial and personal use) the value of the company’s core patents becomes even more significant.
As with any investment, the market decides its outcome. All we can do is look to what events have transpired to date and what the future might hold. So far I am NOT looking for the beef; I’ve got my eyes on the gold.
