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lbcb123

07/22/18 9:10 PM

#18447 RE: wallstreeter43 #18446

The article was one big lie. I commented on it at SA:

Not even close to being accurate! The mini-trial is not a settlement process. It is a streamlined manner in which they are resolving just one of the many issues between them. They are not going to "quickly remedy" the patent case. Only one item of many will be decided subject to the normal appeals. They are not trading at 1.5X cash value. It is about twice that after paying all of the bills after the Symantec settlement. Finjan typically trades around cash value because their patent portfolio is winding down with their major patents beginning to expire last year and their utter failure at other business units. CybeRisk is defunct and Finjan Mobile has failed miserably. It also isn't a recent change to a mini-trial. It has been on the docket for a long time. If Juniper wanted to settle... they would settle. This mini-trial and the future trial date in 2019 proves they do NOT want to settle. You must be nervous with this deceptive, misleading article. You must have also seen that both CEO (Hartstein) and CFO (Noonan) sold big chunks of their holdings last week over $5 and they tried to hide it by filing after hours on Friday. This is heading lower as it only ran up from under $3 due to a confirmed paid promotion. Expect it to be under $4 by end of this week.

Hartstein and Noonan made a one-off sale above $5 and it appears that Finjan buyback money was used to purchase their shares at the highs. They filed a fraudulent statement to the SEC where they claimed these sales were part of their prearranged sales program when that program was to sell 40% of their free shares as they vested and this was clearly something completely different. Why did they attempt to hide the sales by filing after hours on a Friday when the sales were on Wednesday?