Replies to post #15639 on Finjan Holdings Inc (FNJN)

[USMC56]

I know very little, at this point, about Finjan. I agree with you somewhat about Gonzales, which is why I posted about "simple mathematics" a few posts back implying that the value of their assets were worth more than the pps then. I'm assuming that most shareholders are in the same boat now. I also agree that MMs are basically having fun with bid and ask right now as most of the shares held by retail investors are tied up right now.

[Det_Robert_Thorne]

Doubtful that Gonzales is worth more than $1.5M

If a large company was interested in buying the rights to the HTLC process, then they probably would have done it years ago.

If Finjan were to sell it now, it would be at "fire sale" prices, but for argument's sake, let's say that someone would give them $1.5M for the Gonzales operation (in the 99.2 exhibit filed with the 8-K, they value ALL of COIN's equipment at about $1.1M):

That would mean that Finjan, which had no revenue of its own in 2012, other than something from a settlement, would lose its only ongoing revenue generator.

All they would be left with would be about $30M in cash, and no revenue stream.

Their cash would be worth roughly $0.11/share (based on 268M shares).

What would be the price of the stock then?