XpresSpa Group Inc (XSPA)

[xlt leader]

Why would Lycos sell something worth billions for $3.2 million dollars? That's a legit question that needs to be figured out.


With patents sometimes you don't really know what you have until someone uses it in a clever way....remeber that when Lycos sold these Google was a babe..Stout who has worked for the US Patent office and is now with VRNG had a private company called NTP. They sued Research in Motion for patent infringement even though they did not utilize the patent themselves. Mr. Stoudt secured a $612 million victory from RIM before they got to trial. Most patent suits are settled before trial. The reason is simple. Frivolous suits are thrown out by the courts, but those that proceed to Markman herrings and trial proper always have merit. I expect a settlement by Google et al before October....possibly before June 4th the Markman hearings which are very important. Once they get to that point it has the effect of crystallizing the case for the judge, if the hearing goes for the plaintiff (I/P Patent (VRNG) then Google and company are screwed, their options have been severely limited.,

I know a lot about patent issued, my brother -in-law is a patent attorney