XpresSpa Group Inc (XSPA)

[The Rainmaker]

Thought for the day.....Between now and the trial what's left that could hurt VRNG. I come up with nothing. For me the downside/risk here is gone until they possibly lose a jury trial verdict roughly October 26. Best I can tell VRNG is bulletproof for the next two weeks. On the flip side Google could cave and settle before then...Remember the stat was 97% of patent trials don't go to trial. VRNG could fall into the 97% metric anytime between now and October 16.

Next remember how we heard most of these cases get settled on the courthouse steps the day of the trial....So the crowd made a misread expecting Google to settle yesterday....if they were to settle it would be around October 16th.

Stock repriced itself down to the PP pricing which is what infuriated me the day the funding news hit....I knew if I didn't move fast that funding would have clipped me for 100k.....that was not helpful to the Nation of Me Me Me.Plus that funding forced them to use up the ZTE news bringing in buying to counter the PP shares.On the flip side that is the text book right thing to do.......save big news to offset dilution. Well I'm repriced back in properly adjusting for the funding and I'm feeling good here again.

Real/Perceived Risks that have been eliminated:
Summary Judgement throwing out case
Delay of trial pending patent review
Delay o f trial for any other reason
Markman rulings
VRNG runs out of money before the trial