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slokare562

slokare562
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  • slokare562
    Can someone verify if the VRNG market cap went from $50M+ to $100M+ in the last 10 days? The # of outstanding shares went from 11M to 33M.
    8/2/12
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    • slokare562: irrespective of the split or buyback, the market cap should remain somewhat the same. Sorry, I am a novice. Why 2 times the outstanding now?
      8/2/12
    • rjsquiresjr: Vringo did this to show Google that they were serious about taking the fight to them. Adds capital while diluting the stock.
      8/2/12