Replies to post #968 on XpresSpa Group Inc (XSPA)

[PennyPincher12]

I think with the warrants added in and the pre-existing O/S, we should be looking at an A/S of 80mil and an O/S around 65mil. Those are rough estimates but I would be pleased with an O/S this size. Should a ~1bil settlement with 1% royalty over 4 years be given to VringoIP, we would probably be looking at a share value around $50. Or maybe my estimate for the PPS is a bit low! Either way, I don't see how this case won't be settled, so it's just a matter of time. I have plenty of time to wait.

[The Rainmaker]

8:46AM Vringo and U.A.E. telecom service provider, du, agree to launch subscription video service (VRNG) 3.34 : Co announced that it has entered into an agreement with the United Arab Emirates' integrated telecom service provider, du, under which Vringo will offer its mobile video service to du's customers in the United Arab Emirates. With the du agreement in place, Vringo's potential customer base in the country has now increased to approximately 13 million subscribers across the UAE's two mobile operators, representing 100 percent of the UAE wireless market.