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Mistake In Vringo Jury Calculation

|Includes:FORM Holdings Corp. (FH)

The jury calculated the 3.5% royalty rate from an incorrect number. Last year's Google profits were $4.5 billion, so 3.5% of that should be $158 million. Jury took the 3.5% from $450 million.

I expect the judge to rectify that number today.

Disclosure: I am long VRNG.

Stocks: FH