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High_Profits

11/12/12 5:28 PM

#19841 RE: $hylo #19839

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$oldier Hard

11/12/12 5:40 PM

#19842 RE: $hylo #19839

that could mean an additional $384,000,000.00ish over the 4 yr period?
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Alphi

11/12/12 6:58 PM

#19857 RE: $hylo #19839

Steve is a lawyer and not an accountant
therefore anything he posts will be more factual and less speculative.

8+ mil per month is his way of saying.. no less than 8 million.. (but could be much much more)

in reality the jury's numbers don't bear that up... if its true that October was not included in the verdict then the jury awarded much more for the period Sept 2011 to Sept 2012 (assuming Google's portion was off by a factor of 10)

either way it sets a FLOOR for how low the revenues could possibly get over 4 years. There is still tremendous upside to how much we could get from the Google case alone but all that is yet to be seen..

we need also to consider that almost all these revenues after tax are PROFITS because VRNG has only 27 or so employees.

who doesn't love a stock with a very nice bottom :D

pretty soon every vrng employee is going to be an instant millionaire because of the options they have been given.