XpresSpa Group Inc (XSPA)

[xlt leader]

In general I agree with you however I think many people should really consider what this company does and how they increase shareholder value. What they are not is a manufacturer, they don't sell anything, notwithstanding facetones which is not really relevant. What they actually do is acquire patents and try and monetize them by striking licensing deals or through litigation. So far they have successfully sued and won a lawsuit versus Google , final resolution to be determined, second they have filed several lawsuits against ZTE in Germany and the UK involving some of the 500 Nokia patents they bought in August. Further they have sued Msft after the jury declared their patents valid and enforceable. Finally they have purchased several additional patents and set alliances which will be exploited. This is how they increase shareholder value. The problem is these efforts take time to bear fruit. People talking about Vringo not trying to increase shareholder value should try and understand what this company does first. They have been a public company for less than 7 months.