![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Sunday, July 14, 2013 8:53:29 PM
There are many patent assertion companies who have made billions and billions of dollars over the last few decades. And there are many many more who have made hundreds of millions.
VRNG has a great business model. And a great litigation/licensing team. The question marks that exist surround the quality of the company's assets and how and when these patent portfolios will be monetized.
You probably should not be invested in this sector, even via your alleged call options, if you don't understand the basics of the asset class.
...I'm a realist. Vrng aquires patents from other companies. Vrng then looks for infingers of those aquired patents and sues them. This is a tough way to make a living. Lots of cash spent on lawers, litigating and overhead with no guarantee of return. This type of business most often leads to consistent stock dilution(raising cash to support litigation)or bankruptsy.
BTW as i have said before on this thread I am not short I own some 2014 call options. These were purchased last year before I realized what I had bought. My Bad.
FEATURED Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM
HealthLynked Expands Telemedicine Nationwide • HLYK • Jul 17, 2024 8:00 AM
Peer To Peer Network aka Mobicard™ Launches AI Investor Chatbot Boosting Engagement & Lead Generation on Ihub • PTOP • Jul 15, 2024 8:30 AM
Greenlite Ventures Announces AI Integration into No Limit Platforms • GRNL • Jul 15, 2024 8:00 AM