Replies to post #42621 on XpresSpa Group Inc (XSPA)

[Ipittydafoo]

yes it was 5% of what google pays but the interesting clause is what I bolded.

the verbiage is very specific in that is says unless they are awarded significantly more than what has been awarded.

well lets disect that.

1. All that had been awarded was 30 million. quote said "previously awarded"

2. Therefore, the release states that the cap applies ONLY if the agreement with google is not SIGNIFICANTLY MORE than what has been awarded.

3. Clearly if its in the 100's of millions to billion this is signifcantly more and therefore something in that agreement changes.

4. I believe there is already an agreement for a certain number that is significant but VRNG did not want it shared for the fact that google may use it as a benchmark for their settlement with the courts.

5. I am not selling on any google settlement as I believe something much bigger is coming out right after in relation to msft.