XpresSpa Group Inc (XSPA)

[Tinkerer]

Yes, it was a very respectable call.

Regarding scarcity of news as of late, he said:
We would love to release a PR every week, but unfortunately we cannot because we are in litigation right now. Many companies have run themselves into deep trouble by promoting themselves while in litigation. We are trying to be very careful about what we say and don't say.

Regarding the three lawsuits they have filed against ZTE, he said:
Things are in progress. ZTE responded claiming they are "not guilty" of infringement, so there will be three court dates, one for each lawsuit, scheduled for some time this year. The moment the court dates are set, they will release that news. In the German courts you have 3 hours before the judge, that is all. They handle things very quickly.

My take overall? (JMHO) These VRNG guys are level-headed and calculated, and they have in mind the long-term best for the shareholders. They have to be tight-lipped for the sake of not saying something which could get them into trouble later on. These guys are wise, not foolish, and they're not going to sacrifice, according to Cliff, the long-term monetary profitability of the company on the altar of short-term traders. Things will happen when they happen; VRNG will inform us when they happen. This is good news. I am greatly encouraged, and will not only hold my position strongly, but also add more in 3 days. Money's transferring.