VRNG is waiting on a RULING for a filed Motion for establishing a Royalty. They have already received a damage award from the Jury.
Yes Worlds HAS NOT gone to trial. Its heading to the Markman Hearing on June 27, 2013, and yes there are more than 1 patent involved (MGT?), there are 6 Worlds patents, and there are more than 50 claims involved.
Bring on the reverse split! Very smart move. Lets just make it happen with a $150-$200 million dollar market cap post Markman. I can live with 36% dilution when my .46 cents stock goes to $2.
This is not fantasy land Rick. Those shares will bring in millions in stockholder equity. They don't give them away.
What major patent reform? Obama's soft shoe tantamount to lip service to appease Apple over its loss to Samsung...lol? Sorry Rick- they are not going to kill patent holder rights.
Ah so now we have it. $40 million in stock for cash constitutes the revenue stream that makes Vringo more compelling than Worlds.
Rick wake up and smell the coffee. Vringo's interest payments don't cover the salaries, or the rent, or the European jaunts. They are losing money, until they collect on the Google lawsuit.
Now, financially speaking, Worlds is not spending STOCKHOLDER Equity on Fortune 500 salaries, Central Park Offices, European Roadshows etc...
Unless you have evidence otherwise Vringo is STILL staking their success on a court decision. Oddly enough the same style catalyst that will move Worlds stock in much stronger and pronounced proportions, than MGT, MARA or any of the other illustrious penny stocks that are not closing in on a $25 billion dollar industry.
Patent Investing For The Second Half Of 2013 [View article]
@IP HAWK
Your Comments-
" I am also under the belief that the company is near cash flow positive, which is a vastly different dynamic from the other micro-cap IP investments such as WDDD.OB, MGT, BCYP.OB, and DSS."
Unlike MARA, which is focusing on a series of small under 1 million settlements, Worlds (WDDD) is focusing on Settlements that could tax a $25 billion industry upwards of 1 to 3%.
You are correct in your terminology. Worlds is a vastly different dynamic than MARA.
Patent Investing For The Second Half Of 2013 [View article]
@IP Hawk
Your comments and conclusions concerning the Google Vringo litigation could not be more wrong.
Your quote-- "I am still on the sidelines with the opinion that too much emphasis is being placed on the IP Engine v Google outcome. Vringo has a much more lucrative opportunity with the Nokia portfolio targeting ZTE in a global campaign."
At 7% the Vringo litigation at full after appeal value would exceed $1.1 billion in revenue, not accounting for growth. This far exceeds the ZTE litigation accounting for Nokia's percentage.
Your comments-"HJJ has been very unpredictable and untimely with his rulings. My gut instinct says its longer than anyone expects or wants. I believe that investors on the sidelines should avoid this catalyst."
Factoring a 50% risk on the immediate award (that will go to appeals) and using the chart suggested as immediate impact following the ruling, why would anyone NOT want to trade on this catalyst? Your comments do not make any sense. Please clarify?
Royalty Value With 50% Appeal Loss Risk (Award/2)
3.5% $550 million Add to share price $ .60 5.0% $825 million Add to share price $1.87 7.0% $1.1 billion Add to share price $3.54
...which is another way of saying they have no current business, one lone employee, and a history of failure. "Lean" is being too kind."
I'd rather have 1 lone employee (costing $500k) and a proven lawyer, than 7 Executive Officers (costing $5 million +) and a proven lawyer (Vringo). Unless your really going to value that ring tone business as a going concern that makes money.
Yes they are running lean, and yes you still have no grasp of the opportunity. I welcome the chance to explain how you missed the forest thru the trees- but I'll wait until after the Markman.
With regard to the comment that Worlds is a patent troll, unlike Vringo Worlds Inc. was a PE in the period of infringement. Later years saw the company on hard times and fall into an NPE status. This distinction will be important when evidence is introduced at trial which shows Activision Blizzard was offered a license to the patent but declined.
In addition, the attorney you speak of Max Tribble not only prevailed against Activision Blizzard but also Microsoft.
Lastly, unlike the two other patent plays you presented, Worlds is by far the leanest in operation costs, focusing all assets to the creation of Continuation Patents (that strengthen the core patents) and the litigation.
The MMORPG Patents owned by Worlds, and a win at trial, will directly affect a $25 billion dollar industry.
Its not surprising that James Altucher would want to write about this. He certainly understands the potential.
Thoughts On Google's Motion For Leave To File Supplemental Evidence [View article]
@ Alex
Nice Article with some good thoughts, except for this part.
"The judge will probably allow for Google to file the evidence. The judge will in his ruling then state why the evidence is inconclusive in giving a true value to the patents at hand, and why it is therefore irrelevant before the court."
Procedurally, if Judge Jackson admits this "late" evidence, he then is obligated to allow for responses and rebuttals from the plaintiff and the defendants.
In my opinion--he declares the additional evidence moot as the Royalty motion was already declared ripe for ruling based on what the jury heard, Dr. Beckers testimony.
5 Reasons I Wouldn't Want To Be Shorting Vringo Right Now [View article]
@Justin,
Agreed. Google's latest attempt at clouding Dr. Beckers testimony by adding the MSFT settlement as evidence IMO will be declared moot in the face of a ruled upon royalty motion by Judge Jackson.
Obama's recent announcement is an attempt to be effectual in the face of Apples loss to Samsung. However, not much is effectual to the VRNG's and VHC's, in his prepared remarks.
Vringo Vs. Google: Ongoing Royalty Prediction [View article]
Vringo Vs. Google: Ongoing Royalty Prediction [View article]
I agree with your conclusions.
I look forward to your thoughts after the Appellate briefs are filed.
My Top 3 Patent Litigation Stocks [View article]
VRNG is waiting on a RULING for a filed Motion for establishing a Royalty. They have already received a damage award from the Jury.
Yes Worlds HAS NOT gone to trial. Its heading to the Markman Hearing on June 27, 2013, and yes there are more than 1 patent involved (MGT?), there are 6 Worlds patents, and there are more than 50 claims involved.
Bring on the reverse split! Very smart move. Lets just make it happen with a $150-$200 million dollar market cap post Markman. I can live with 36% dilution when my .46 cents stock goes to $2.
This is not fantasy land Rick. Those shares will bring in millions in stockholder equity. They don't give them away.
What major patent reform? Obama's soft shoe tantamount to lip service to appease Apple over its loss to Samsung...lol? Sorry Rick- they are not going to kill patent holder rights.
My Top 3 Patent Litigation Stocks [View article]
Ah so now we have it. $40 million in stock for cash constitutes the revenue stream that makes Vringo more compelling than Worlds.
Rick wake up and smell the coffee. Vringo's interest payments don't cover the salaries, or the rent, or the European jaunts. They are losing money, until they collect on the Google lawsuit.
Now, financially speaking, Worlds is not spending STOCKHOLDER Equity on Fortune 500 salaries, Central Park Offices, European Roadshows etc...
Unless you have evidence otherwise Vringo is STILL staking their success on a court decision. Oddly enough the same style catalyst that will move Worlds stock in much stronger and pronounced proportions, than MGT, MARA or any of the other illustrious penny stocks that are not closing in on a $25 billion dollar industry.
Realty check Rick.
Patent Investing For The Second Half Of 2013 [View article]
Your Comments-
" I am also under the belief that the company is near cash flow positive, which is a vastly different dynamic from the other micro-cap IP investments such as WDDD.OB, MGT, BCYP.OB, and DSS."
Unlike MARA, which is focusing on a series of small under 1 million settlements, Worlds (WDDD) is focusing on Settlements that could tax a $25 billion industry upwards of 1 to 3%.
You are correct in your terminology. Worlds is a vastly different dynamic than MARA.
Patent Investing For The Second Half Of 2013 [View article]
Your comments and conclusions concerning the Google Vringo litigation could not be more wrong.
Your quote--
"I am still on the sidelines with the opinion that too much emphasis is being placed on the IP Engine v Google outcome. Vringo has a much more lucrative opportunity with the Nokia portfolio targeting ZTE in a global campaign."
At 7% the Vringo litigation at full after appeal value would exceed $1.1 billion in revenue, not accounting for growth. This far exceeds the ZTE litigation accounting for Nokia's percentage.
Your comments-"HJJ has been very unpredictable and untimely with his rulings. My gut instinct says its longer than anyone expects or wants. I believe that investors on the sidelines should avoid this catalyst."
Factoring a 50% risk on the immediate award (that will go to appeals) and using the chart suggested as immediate impact following the ruling, why would anyone NOT want to trade on this catalyst? Your comments do not make any sense. Please clarify?
Royalty Value With 50% Appeal Loss Risk (Award/2)
3.5% $550 million Add to share price $ .60
5.0% $825 million Add to share price $1.87
7.0% $1.1 billion Add to share price $3.54
My Top 3 Patent Litigation Stocks [View article]
Your comments-
...which is another way of saying they have no current business, one lone employee, and a history of failure. "Lean" is being too kind."
I'd rather have 1 lone employee (costing $500k) and a proven lawyer, than 7 Executive Officers (costing $5 million +) and a proven lawyer (Vringo). Unless your really going to value that ring tone business as a going concern that makes money.
Yes they are running lean, and yes you still have no grasp of the opportunity. I welcome the chance to explain how you missed the forest thru the trees- but I'll wait until after the Markman.
Cheers.
My Top 3 Patent Litigation Stocks [View article]
With regard to the comment that Worlds is a patent troll, unlike Vringo Worlds Inc. was a PE in the period of infringement. Later years saw the company on hard times and fall into an NPE status. This distinction will be important when evidence is introduced at trial which shows Activision Blizzard was offered a license to the patent but declined.
In addition, the attorney you speak of Max Tribble not only prevailed against Activision Blizzard but also Microsoft.
Lastly, unlike the two other patent plays you presented, Worlds is by far the leanest in operation costs, focusing all assets to the creation of Continuation Patents (that strengthen the core patents) and the litigation.
The MMORPG Patents owned by Worlds, and a win at trial, will directly affect a $25 billion dollar industry.
Its not surprising that James Altucher would want to write about this. He certainly understands the potential.
Thoughts On Google's Motion For Leave To File Supplemental Evidence [View article]
Dozen Red Long Stems (Grandiflora Variety)
To: Larry Page & Sergey Brin
1600 Amphitheatre Parkway
Mountain View, CA 94043
United States
Thoughts On Google's Motion For Leave To File Supplemental Evidence [View article]
Nice Article with some good thoughts, except for this part.
"The judge will probably allow for Google to file the evidence. The judge will in his ruling then state why the evidence is inconclusive in giving a true value to the patents at hand, and why it is therefore irrelevant before the court."
Procedurally, if Judge Jackson admits this "late" evidence, he then is obligated to allow for responses and rebuttals from the plaintiff and the defendants.
In my opinion--he declares the additional evidence moot as the Royalty motion was already declared ripe for ruling based on what the jury heard, Dr. Beckers testimony.
I'm expecting a ruling next week.
Wi-Lan: A Patent Play With Asymmetrical Upside? [View article]
Well done Article.
The main issue with this equity is lack of Market makers and poor volume. Regardless I will hold my shares.
5 Reasons I Wouldn't Want To Be Shorting Vringo Right Now [View article]
Agreed.
Markman Hearing Preview: Worlds Vs. Activision Blizzard [View article]
14 business days to the Markman. I suspect we will see more Market Maker involvement. Possibly re-established house positions.
Its going to be an interesting ride. Looking forward to it.
Vringo: Where's The Money? [View article]
5 Reasons I Wouldn't Want To Be Shorting Vringo Right Now [View article]
Agreed. Google's latest attempt at clouding Dr. Beckers testimony by adding the MSFT settlement as evidence IMO will be declared moot in the face of a ruled upon royalty motion by Judge Jackson.
Obama's recent announcement is an attempt to be effectual in the face of Apples loss to Samsung. However, not much is effectual to the VRNG's and VHC's, in his prepared remarks.