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h2145h

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h2145h

Re: None

Saturday, 01/25/2014 12:12:57 PM

Saturday, January 25, 2014 12:12:57 PM

Post# of 68424
Vringo warrants expire 6/21/15 with an exercise price of $5.06 per share.

I assume if there is a settlement with GOOG the warrants will somehow be accommodated but at any rate the warrants follow VRNG's price. (VRNG price minus $5.06 equals value of a warrant.)

If the above is correct and one is very bullish (as I am) the wrrants offer more leverage. Can get about two warrants for the price of one share. Any share price rise above$5.00 plus the cost of the warrant results in the warrants yielding more than the share.

Comments anyone??
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