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anicoagent

05/25/13 5:42 PM

#35093 RE: RJustice #35092

He may rule 3.5% of 2.5% base which would send pps to $1
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piratica

05/25/13 6:09 PM

#35094 RE: RJustice #35092

RJustice, prepare for the worst and hope for the best, tt happens that this investment was based on the outcome of a legal battle regarding if Google had infringed on pattens owned by VRNG and VRNG won the case against GOOGLE.
The unfortunate side of being in court is that a human being is involved in making a decision based upon other cases outcome and his interpretation of same.
We are in the hands of HJJ, where will the pps go, no one really knows, what the decision and ruling of HJJ will be. For the value of share to go up monies have to be transferred into VRNG'S bank account, the downside is if the RR is not as high as we hope to see something between 5 and 7 there is a probability that shares may go down. This is only my opinion, I am LONG and believe that HJJ will do right by VRNG. GLTA.
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coolerheadsprevail

05/25/13 6:36 PM

#35095 RE: RJustice #35092

Can you pros out there please tell me what assumptions you have as to what can happen in the ruling that would lower the pps down instead of raising it? I mean, the jury ruled in favor of VRNG, and consensus is that Judges hardly ever go lower than what the jury decides, so what can the final ruling be that would lower the pps down?

Most people think the pps is already at a discounted level for 3.5%, so even if the judge ruled to accept the jury's recommendation, the price would stay at/near the current discounted level. And any more delays would still have the pps at/around 2.5-3. Right?



Keep in mind that "the jury" did NOT rule on nor did they recommend a royalty base. All they did was recommend a RR in lieu of a lump sum and recommended a RR of 3.5%.

So if you want to open Pandora's box and talk about "worst case scenarios", there are plenty.

For example, HJJ could simply agree w/GOOG's arguments in their 822 opposition brief and award a lump sum of $3.5M. Or, HJJ could decide to stay his ruling until a new trial or a special master determins whether the workaround is legit -- and lo and behold, to everyone's surprise, this workaround is deemed non-infringing. I can go on and on.

BUT, just as many will be unlikely, many bull theories are equally unlikely. What you should do is take the list of POSSIBLE outcomes and do your best to rank them based upon which outcomes you believe to be most PROBABLE -- and then make your buy/sell/hold decisions based upon what will enable you to sleep at night based upon your own DD.