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Re: Red Angus post# 21364

Monday, 11/26/2012 5:30:30 PM

Monday, November 26, 2012 5:30:30 PM

Post# of 68424
The company is undervalued right now. Even if they got a 500 million lump sum settlement it should be trading at 5 dollars min. I think the unknown is holding it back. Until it is confirmed that VRNG is getting 3.5% of GOOG American Adwords rev... it will trade in the upper 3.00s. Once it is confirmed that VRNG will be getting 100 million plus a year from GOOG, then the price will move up. Since the jury only awarded 15 million from GOOG in past damages, the market sees one outcome that the judge will only award 15 million per year in future royalties. Now will I think that will happen... NO. But it is a possibility and the market takes that into consideration.