Replies to post #46839 on XpresSpa Group Inc (XSPA)

[Kevin Porter]

yes both ZTE PRs from yesterday and today are clearly misleading and inaccurate

This shows nervousness

[billymayshear]

Agree on misinformation by ZTE.

This is why at 8:00 EST this morning I wrote:

"Mr. Shen you bad boy.

You no tell you pay big time in India. Court say you bad boy...

You customers be plenty mad when day find out you no tell full truth.

Day wake up one morning and find you no deliver? You in big trouble."

Shen is ZTE's IP manager...

ZTE's attempt at spin control and keep customers in the dark...and my attempt at humor...

[JJSeabrook]

"In preparation for the expedited hearing, the High Court has set a schedule for pleadings and discovery and has appointed a commissioner to oversee the process of recording of evidence at the trial stage. Following a hearing, on December 12, 2013, the High Court passed a CONSENT ORDER ordering ZTE to pay a bond of 50 million rupees (approximately $800,000 USD) in place of the ex-parte ad-interim injunction. "

ZTE agreed by consent to pay a bond of 50 million rupees in place of the injunction.

JJ

rcaptain Wednesday, 12/18/13 02:07:28 PM
Re: tmcfo post# 46834
Post # of 46844

Seeking Alpha didn't say this. ZTE did in a PR release. Their use of "overturned" was what I would call inaccurate and misleading.
Again I will say this for the last time.

ZTE put up money for a bond to set aside the injunction. Not overturn it.

In regards to overturn. It's like saying I posted a bond to get out of jail. Therefor I have been pardoned or found not guilty.