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Re: Tom4investor2011 post# 4662

Friday, 09/28/2012 12:50:09 PM

Friday, September 28, 2012 12:50:09 PM

Post# of 68424
As far as the facetone business, it's not the money maker. Vringo was previous burning cash if I remember correctly, so I think their main focus for income will be through litigation of patents in their portfolio.

I believe Nokia gets 35% of the revenues above $22 million dollars if VRNG gets settlements from their patents, but that's still a substantial amount of money to pay for future court costs as well. I think with the money made, Vringo will look to add additional viable patents to their portfolio for future litigation, while also using those patents to revamp/evolve their facetones business.