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welby

welby
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  • Update: Retractable Technologies Wins In Syringe Antitrust Suit [View article]
    Add 7 years of interest since 2007 which will reach over $50M.

    $341M plus $50M plus recovered legal fees.

    Less: dilution from additional employee stock options and potential preferred shares (if needed) to fund deficits until payday.

    Becton Dickinson has said they plan to appeal. Why not? They already reserved for the $341M...what's $20M more in interest?
    Nov 12, 2014. 12:19 PM | Likes Like |Link to Comment
  • VirnetX Vs. Apple At The CAFC: Why VirnetX Seeks En Banc Review, Why Apple Does Not [View article]
    LOL. IPRs? Which one's? Not a good place for Apple to start.

    This lottery ticket is already good. It's how much now. Not if.

    CAFC said four patents are valid. And at least two are infringed. Apple agreed when it didn't file last week. We (Apple) agree, we knowingly infringe.

    Your horse is a willful infringer. Stay with it.

    Gross misrepresentation ring a bell? The remand trial will fill in the details.

    All revenues for qualifying "not colorably different" products since the 2012 trial will be up for grabs in the remand.

    I'm buying all these lottery tickets I can get my hands on.


    Oct 24, 2014. 04:34 PM | 8 Likes Like |Link to Comment
  • A Second Chance To Buy Horsehead Holding At An Attractive Price Before The Mooresboro Facility Is Up And Running [View article]
    I'm a fan of management. Mr. Hensler knows hedging. He's been doing it successfully a long time. 50-60% capacity utilization for breakeven tells me the new plant will pay for itself very quickly. Nothing precarious about this deal.
    Oct 10, 2014. 01:12 PM | Likes Like |Link to Comment
  • VIRNETX: HOW RADER's RESIGNATION PLUS APPLE's CONDUCT = VICTORY FOR VHC [View instapost]
    The Honorable Chief Justice Sharon Prost = the new sheriff in town.
    Jun 30, 2014. 12:06 PM | 1 Like Like |Link to Comment
  • VirnetX/Apple: What Does Apple Owe? [View article]
    I understand why Apple underestimated its costs at trial. In the next few months, the damage appeal will be decided.

    Apple will find out the cost of "grossly misrepresenting" and the "huge disparity in Apple's position at trial" before a U.S. Federal court Judge and jury.

    VHC will not be settling when that time comes.

    Long VHC.
    Mar 30, 2014. 10:22 AM | 5 Likes Like |Link to Comment
  • David Slays Goliath: Vringo Awarded Billion-Dollar Victory Over Google [View article]
    Hi Vito,
    I also notice Ken Lang and Hudson Bay have a large stake of warrants. 2 million warrants and 6.5 million respectively. It's probably a shareholder "control" issue for them.
    The other issue is timing. June 2015 is still far enough off that Google's result will likely be known. Probably by September this year. If it gets into 2015 I will re-evaluate then.
    Also, the warrants are callable when the common stock reaches $10 for 20 out of 30 days. I expect the warrants to be called as soon as possible although perhaps not, depending on the cash flow generated by then. I think kp calculated $102 million cash will come from warrant exercise and options.
    Anyway, thought you made a good call.

    James Altucher's original analysis was spot on. I think it was actually on the light side. He is probably tired of taking heat and answering questions. I think he said "$20 or more."
    Feb 2, 2014. 10:09 PM | 1 Like Like |Link to Comment
  • David Slays Goliath: Vringo Awarded Billion-Dollar Victory Over Google [View article]
    Hi Vito,
    Nice call on the warrants.
    I've got some. Looking for more.
    It's all about the price.
    Jan 31, 2014. 06:13 PM | 1 Like Like |Link to Comment
  • David Slays Goliath: Vringo Awarded Billion-Dollar Victory Over Google [View article]
    "We made too many wrong mistakes." - Yogi Berra

    Pacer 1088

    "In fact, they (Google) have redesigned a system that clearly replicated the infringing elements of Old Adwords." (Read Factor 2)

    Read Factor 2: whether the infringer had a good faith belief of invalidity or non-infringement,

    Good faith belief? US District Court Judge Raymond Jackson:

    "The case law the Court is aware of directly contradicts their argument."

    ...Defendant's contend that the jury actually found the rate to be .5%.

    Although the jury specifically indicated on the verdict form that the "running royalty rate" was 3.5%.

    Even Napoleon had his Watergate. - Yogi Berra
    Jan 29, 2014. 12:49 PM | 3 Likes Like |Link to Comment
  • IP Plays: The Catalyst Season Is Finally Upon Us, Bringing With It Tidings Of Great Joy [View article]
    Hi Vito,

    Just weighing my options (no pun intended). Not looking for you to provide investment advice.

    I hate it when someone asks circular questions.

    .My bad....
    Dec 26, 2013. 06:24 PM | Likes Like |Link to Comment
  • IP Plays: The Catalyst Season Is Finally Upon Us, Bringing With It Tidings Of Great Joy [View article]
    Hi Vito,
    Correction: why not buy long dated (Jan 2016) out of the money $3.50 calls?
    Seven months longer time frame, less costly than warrants.

    I am long VRNG common stock and warrants.
    Dec 26, 2013. 05:01 PM | Likes Like |Link to Comment
  • IP Plays: The Catalyst Season Is Finally Upon Us, Bringing With It Tidings Of Great Joy [View article]
    Hi Vito,
    Why not write long dated (Jan 2016 ) out of the money $3.50 calls?

    Six months longer time wise, less costly than warrants.

    I am long VRNG common stock and warrants.
    Dec 26, 2013. 04:30 PM | Likes Like |Link to Comment
  • IP Plays: The Catalyst Season Is Finally Upon Us, Bringing With It Tidings Of Great Joy [View article]
    Hi Vito,
    You don't put pressure on a gorilla. They won't settle. Not in the Jan 22, 2014 settlement hearing.

    Not for a $250 million discount. Not for a $500 million discount. Not even for a $650 million discount. (3.5%)

    They generate $650 million in revenue in 13 days. Including weekends and holidays. Seven days a week. 366 days/yr.


    US District Court Judge Raymond Jackson will probably get back in the office January 6, 2014 after leaving the office December 23, 2013. About 13 days give or take.


    Google US ad rev: $650 million while he took some time off.


    Merry Christmas, Your Honor. Happy New Year.


    I think shorts will give me a chance to buy the week after Jan 22. I can wait.
    Dec 26, 2013. 01:08 PM | Likes Like |Link to Comment
  • IP Plays: The Catalyst Season Is Finally Upon Us, Bringing With It Tidings Of Great Joy [View article]
    Uh oh...

    Pacer 1006 Motion denied. The code we (Google) produced and the witness we produced both show New Adwords still infringes. That's why we didn't make records.

    We were busy making $50 million/day in US advertising revenue.

    We know we wasted your time, Your Honor.

    Pacer 1021 Motion denied. When I say 15 pages, I mean 15 pages.

    I know that tone....this is gonna hurt ...It's a lie, May 11, 2013 we told you a lie. And we knew it.

    But we're not sorry. We're busy making $50 million/day.

    Willfull infringement. We know. We don't care.

    Judge Raymond Jackson: 3x....10.5%.

    Next case. Bailiff?

    "Case 123456789: Rockstar vs. Google et al, Your Honor."
    Dec 24, 2013. 12:44 PM | 2 Likes Like |Link to Comment
  • Proof Positive That Vringo Is Dead Money [View article]
    Irony.
    Now I want Google's US ad revenue to increase. Over 30% y o y.

    I also want to buy VRNG under $2.80 so shorts, you've got maybe 6 months to help me. Thanks in advance. Ironic I know.

    I will sell when the guy at the top sells. Ken Lang.

    I don't think he cares when the RR, W/A, or appeal is done. He's on to the next patent. Good for me. No irony there.

    One other thing: Alcatel, Nokia, Microsoft gave these guys patents to litigate. I'm all in.

    I feel a little bit sorry for Google when they get the next lawsuit from VRNG. But then I like rooting for the underdog.

    When you find a great company with great management my preferred holding period is forever.
    Dec 18, 2013. 10:41 AM | 8 Likes Like |Link to Comment
  • Vringo: Belief And Seeing Are Both Often Wrong [View article]
    Cosmo
    I'm looking to add. Under @2.80. Shorts are my friend. Got any warrants under $1.00?

    Praising Ravicher?

    Why complain? Sell.
    Dec 4, 2013. 10:39 AM | Likes Like |Link to Comment
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