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Re: The Rainmaker post# 968

Wednesday, 04/25/2012 2:31:30 PM

Wednesday, April 25, 2012 2:31:30 PM

Post# of 68424
I think with the warrants added in and the pre-existing O/S, we should be looking at an A/S of 80mil and an O/S around 65mil. Those are rough estimates but I would be pleased with an O/S this size. Should a ~1bil settlement with 1% royalty over 4 years be given to VringoIP, we would probably be looking at a share value around $50. Or maybe my estimate for the PPS is a bit low! Either way, I don't see how this case won't be settled, so it's just a matter of time. I have plenty of time to wait.