XpresSpa Group Inc (XSPA)

[xlt leader]

Beginning on April 15, 2013 (today), Vringo will be participating in non-deal investor road show meetings in Zurich, London, Tel Aviv, Boston, Minneapolis, New York City and other cities.

non-deal financial road show definition FYI:

A financial road show is a series of meetings across different cities in which top executives from a company have the opportunity to talk with current or potential investors. They can range from two or three days in one country or continent to marathon, three week trips to financial centers around the world. The most common reason for conducting financial road shows is an initial public offerings IPO, in which a privately held company’s shares go public and investors have an opportunity to buy into it. Another reason for road shows is privatization of a government-owned corporation, similar to a private company going public, in which a company seeks investors to buy new stock it is issuing to raise money. Finally, a non-deal road show is purely so that executives can hold discussions with current and potential investors, and nothing is offered for sale.

Worse case scenario everyone passes, which is highly unlikely because they already canvassed interest before setting up the meetings. We should see the fruits of this road show in the weeks ahead.