XpresSpa Group Inc (XSPA)

[napkinbie]

No, it is not silly to talk about dividend (a type of special one time payout) at this time. Investing is all about the future, and it is wise for investors to enquire about what management will do with a huge sum of cash to the tune of around $1,000,000,000 (or much higher, and assuming Vringo will win all the appeals).

Yes, one can argue that money should be reinvest to grow the company. But the reality is there is no guarantee that management will be able to turn that huge cash into a cash cow. What are the qualities of patents they will buy? What are the likelihood of successes in future patent lawsuits? Will the money be used to buy patent assets only, or other non-intellectual assets?

I can guarantee you this: VNRG share price will collapse if management decides to use 100% of cash from Google's payment to fund future patent litigations and to buy other intellectual properties. IMO, management should return %70 to %80 of the proceed from Google in the form of a special dividend, and keep the remaining 20%-30% to "grow" the company.