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Dustin Moore

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  • VirnetX's Response To Apple's Appeal [View instapost]
    Yes. Thanks.
    Dec 3, 2013. 12:09 PM | 1 Like Like |Link to Comment
  • Take-Two Interactive Software, Inc. Announces Repurchase of the 12.02 Million Shares Held By Icahn Group at Yesterday’s Closing Price [View article]

    I'm thinking Icahn had a different idea of where he wanted the company to go (ie the sale of the company). TTWO management historically has rejected takeover bids...

    "In mid-February 2008, rival game company Electronic Arts (EA) made a US$25 per share all cash transaction offer to the board of Take-Two, subsequently revising it to US$26 per share after being rejected and making the offer known to the public.[19] Rumors of a buyout had been floating around the internet several weeks prior.[20] Stocks went up by 54% on Monday, following the Sunday announcement, closing over the US$26 offer price, whilst EA's own stock prices went down by 5%, the largest loss in over a year.[21]
    According to Game Informer's April 2008 issue, EA CEO John Riccitiello said that EA considered a deal for Take-Two in the previous spring but axed it at the last minute. Take-Two's board of directors declined the cash deal. However, EA was still pursuing the acquisition of Take-Two, stating in a letter, "If you are unwilling to proceed on that basis, however, we may pursue other means, including the public disclosure of this letter, to bring our offer and the compelling value it represents to the attentions of Take-Two's shareholders." Later, Take-Two released a statement explaining why the company has rejected the offer, "In addition to undervaluing key elements of our business, EA's proposal fails to recognize the value we are building through our ongoing turnaround efforts, which will further revitalize Take-Two."
    Take-Two offered to discuss the offer after Grand Theft Auto IV's release on April 29, 2008. An acquisition would have ended EA's main competition in sports video games.[22] The bid expired May 15, 2008, however EA extended the offer until June 16, 2008, at the same price of US$25.74 per share. Take-Two's position did not change and on September 14, 2008, EA announced that they decided to let the US$2 billion offer to buy Take-Two expire."
    Nov 26, 2013. 12:35 PM | 1 Like Like |Link to Comment
  • Erickson Air-Crane: Acquisitions Will Reward Patient Shareholders [View article]
    Thanks for the good info 166649
    You have the full report?
    Nov 11, 2013. 03:26 PM | 1 Like Like |Link to Comment
  • Take-Two: A Compelling Value With 2 Asymmetric Options [View article]
    Great analysis BTW. Very similar to my own.

    ~1B cash
    divided by
    ~88m shares outstanding

    = roughly $11.26 a share in cash. That's crazy.

    I'm probably missing something here..
    Nov 4, 2013. 10:32 PM | 1 Like Like |Link to Comment
  • An Inside Look Into Apple's Latest Attack On VirnetX's Patents [View article]
    Expiration of patents shouldn't be a big concern. They still have several years left. Regardless, even if a patent is expired, it is still enforceable for the duration it was being infringed and valid.

    It's impossible to say when the judge will rule. I have been saying for quite some time that it will take longer than most expect. Passing Oct. 17th may be a key date. I would say sometime after that point. But again, its like throwing darts at the wall.
    Oct 7, 2013. 10:51 PM | 1 Like Like |Link to Comment
  • An Inside Look Into Apple's Latest Attack On VirnetX's Patents [View article]
    Great contribution!
    Yes, it is a rough road for them. It appears their best bet is to loop in with NB's requests.
    As far as the other recent Appeals court ruling (above link), I think that has a LOT of relevance with the ongoing reexaminations. VirnetX has repeatedly complained that they aren't getting a fair opportunity to respond...EXACTLY what the Appeals court scolded the USPTO for.

    See here:

    "Because the Office changed its positions and simultaneously closed prosecution in the same communication, the Office did not afford VirnetX a fair opportunity to respond..."

    I agree that. in the end, the Appeal courts likely will have the final say with Apple/VirnetX fight.
    Oct 7, 2013. 02:15 PM | 1 Like Like |Link to Comment
  • An Overreaction To The Latest Apple Ploy [View instapost]
    I agree. Davis is quite wise in hindsight. He spun off the ongoing royalty issue specifically to get VirnetX justice for past infringement, while he can now take his time to deal with the complexities he clearly knew would be coming..
    Aug 17, 2013. 11:58 PM | 1 Like Like |Link to Comment
  • An Overreaction To The Latest Apple Ploy [View instapost]
    I've long thought the RR decision was several weeks away, at the soonest. But I actually think Apple's maneuvering may speed up the royalty rate decision by the Judge, in part. The ruling may be broken up now, with the royalty rate decision based on Apple's use up to Spring 2013 decided first; meanwhile kicking judgement of "colorably different" down the road.
    Aug 17, 2013. 06:16 PM | 1 Like Like |Link to Comment
  • An Overreaction To The Latest Apple Ploy [View instapost]
    VPNonDemand appears to be fully in play, at least I did not hear anything about a "colorably different" workaround...however I'm getting conflicting reports on that. If anyone has any details on that, it would be appreciated.
    Aug 15, 2013. 11:39 PM | 1 Like Like |Link to Comment
  • Patent troll Acacia Research (ACTG) announces its Business Process Modeling Solutions subsidiary has entered into a license agreement with IBM resolving litigation pending in U.S. District Court in Texas. (PR[View news story]
    Lol my thoughts exactly sablya..not exactly objective or professional reporting SA.
    May 28, 2013. 08:43 AM | 1 Like Like |Link to Comment
  • Another Nextel Is Hot And Google Is Helping [View article]
    Is this a new/updated PT?
    Apr 24, 2013. 09:28 AM | 1 Like Like |Link to Comment
  • Acacia Research's Earnings Were Terrible - And Why You Should Be Buying Now [View article]
    Thanks Volte-Face.
    Agreed. Interesting comment about the at least ten vs "10s" I will look into that.

    Unfortunately, there is a ton of information that I had to omit from this article for length purposes.

    For example, I would urge investors to look into the growth and development of the company's medical device licensing arm as a large growth driver for 2013. There appears to be very little competition in this field.
    Apr 22, 2013. 02:51 PM | 1 Like Like |Link to Comment
  • NII Holdings: A Buy And A Squeeze To $10.86 [View article]
    Thanks for the update and insight on NIHD Tufenk.
    Apr 3, 2013. 11:49 PM | 1 Like Like |Link to Comment
  • VirnetX Begins Cornering Apple In Patent Fight [View article]
    :-) Thanks man. Greatly appreciate the comment!
    Feb 26, 2013. 10:51 AM | 1 Like Like |Link to Comment
  • Pres. Obama isn't a fan of patent trolls. "They are essentially trying to leverage and hijack somebody else's idea and see if they can extort some money," Obama stated during a Google+ hangout. He added, "Our efforts at patent reform are only about halfway to where we need to go." The remarks come as the DOJ and FTC hold hearings on patent trolls, and an appeals court debates whether software should be patentable. Some IP holders accused of being patent trolls: ACTG, VRNG, RMBS, VHC, IDCC, WILN[View news story]
    I think this article may be relevant to this discussion. VirnetX attempts to corner Apple in patent fight:
    Feb 20, 2013. 10:39 PM | 1 Like Like |Link to Comment