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Tuesday, August 20, 2013 3:12:04 PM
If my math is correct all things being equal they would earn on that about $24MM/quarter or approx $100MM annually!! That would make this company worth 10 times earnings or $1B mcap = $15/share based on 83MM outstanding.
Now if they did win Google would be smart and buy them out for at least 10 times the settlement since not one person would be kept from VRNG and the Cost of Sales would be zero for GOOGLE!!
That is $1.6B or approx $20 per share!!
Either way this thing will fly if and I mean if they ever get the money!!
My guess is it will be a fraction of what is expected here!!
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