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Re: None

Tuesday, 11/06/2012 5:58:42 PM

Tuesday, November 06, 2012 5:58:42 PM

Post# of 68424
I have to say, I'm still shocked and still on edge after seeing us close down today. My MerrillEdge account summary says I closed at $3.93. The closing price on NASDAQ A/H screen also says that. But everywhere else, I'm seeing the stock closed at $3.57. Nevertheless, I expected the stock to at least break $4 today before market close. I understand people aren't the happiest over a smaller past damage reward. However, it looks like we are getting a solid running royalty rate. Also, stepping back for a moment, we WON. We took Google and other large corporations to trial and won. Everyone said they would settle and they didn't. Then naysayers said they would make an example of us at trial. What happened? They fired their best shot and missed. Vringo has wonit's first patent lawsuit (which found their patents to be valid) and is getting ready to take on ZTE and who knows who else? This stock shouldn't have closed down today. At worse case scenairo, it should have closed somewhere around where it opened up.

At the end of the day, who knows how much Vringo will get yearly from Google. But we do know a few things: (1) they will have a consistent money stream from Google until 2016; and (2) they now have the credibility and ammunition to go after other companies.

If I'm missing something, please chime in and let me know.