XpresSpa Group Inc (XSPA)

[Notuncoolish]

Why no PR for injunction in India?

1. The injunction is not a material event. We can argue that it is, however the injunction itself does not have any money tied to it positive or negative.

2. If VRNG was trying to prop the PPS up, they would have PR's this event, they chose not to, why?

3. We all know that the only thing that will move this stock is actual income, I believe that VRNG wants to try to get ZTE to settle before HJJ makes his ruling. Why, because with a settlement and actual $$ in the coffers, VRNG has a much better position to negotiate with.

4. GOOG doesn't want to settle, we would all agree on that for the most part. However, if HJJ hits them with 7%RR, and the specter of latches being appealed, that might be the point in which GOOG decides the fight is over.

I believe this is coming to a head now, we will soon know and probably before the end of the year. Worst case, we fight the appeals and go after more infringers. This could be a cash cow for many years to come.