Kevin+Porter

Kevin+Porter
Send Message
View as an RSS Feed
  • An Inside Look At The Settlement Agreement Between Vringo And ZTE  [View article]
    man relax
    Dec 9, 2015. 07:03 PM | 3 Likes Like |Link to Comment
  • An Inside Look At The Settlement Agreement Between Vringo And ZTE  [View article]
    it's 21.5M. end of the story. they can't keep material info secret.
    Dec 9, 2015. 06:08 PM | 4 Likes Like |Link to Comment
  • An Inside Look At The Settlement Agreement Between Vringo And ZTE  [View article]
    As everyone I am not happy about the lowballed settlement but it is not so bad as the market is implying

    Right now the Company has 35M cash and several years of operating cash, that's without any future licence/settlement. Financially sound.

    Shares are trading below cash on hand... Someone could buyout the company at $3-3.5 a share and get the flicharge business and the patents for free.

    The worldwide litigation vs ZTE was necessary to prove Vringo can win and even have injunctions worldwide. Now the portfolio is validated.

    ZTE is not so big in the infrastructure sector, that's where VRNG's patents are strong.

    For example Huawei and Ericsson are about 5-7 times bigger than ZTE in the telecom equipment sector. They could settle for 100-150M each (5-7x ZTE settlement)

    Even at just 50M each (which is frankly extremely lowballed) we would get 100M total. I see fast settlements, no need to litigate worldwide, Infringers get a good discount, save lawyers fees and avoid injunctions, more than fair imo.

    We will see $9-10 a share fast imo. It's only $0.90-1 presplit but still 4-5 bagger from here.
    Dec 9, 2015. 05:49 PM | 1 Like Like |Link to Comment
  • Vringo Jumps On Reverse Split, But Is It Enough To Keep Shares Going Higher?  [View article]
    Zte was needed as platform for other patent licenses.
    Straight licences without litigating.
    Vringo has proved it can win and have injunctions worldwide.
    Dec 9, 2015. 02:03 PM | 3 Likes Like |Link to Comment
  • Vringo Jumps On Reverse Split, But Is It Enough To Keep Shares Going Higher?  [View article]
    Enough of this please, 21.5M is it, there's no royalty

    They have 35M cash and several years of operating cash

    They will licence Huawei Ericsson and others without litigating worldwide

    Huawei and Ericsson are 5-7 times ZTE in the infrastructure equipment sector, they will licence for about 70-90M each imo or about 3.5-4 times ZTE settlement. No litigation costs for both parties and no injunctions.

    At the very least 50M each. We will see $9-10 a share within end of 2016. It's only $0.90-1 presplit but still 4-5 bagger from here.
    Dec 9, 2015. 01:29 PM | 2 Likes Like |Link to Comment
  • Vringo Jumps On Reverse Split, But Is It Enough To Keep Shares Going Higher?  [View article]
    False, 16.5M cash + 21.5 = 38M cash on hand
    Dec 9, 2015. 11:40 AM | 2 Likes Like |Link to Comment
  • Vringo Settles With ZTE: Company Trading At Cash Level, Investors Skeptical About Management  [View article]
    As everyone I am not happy about the lowballed settlement but it is not so bad as the market is implying

    The worldwide litigation vs ZTE was necessary to prove Vringo can win worldwide and even have injunctions worldwide. Now the portfolio is validated.

    ZTE is not so big in the infrastrucure sector, that's where our patents are strong.

    For example Huawei and Ericsson are about 5-7 times bigger in telecom equipment sector. They could settle for 100-150M each (5-7x ZTE settlement).

    Even at just 50M each (which is frankly extremely lowballed) we would get 100M total

    I see fast settlements, no need to litigate worldwide
    Dec 9, 2015. 09:39 AM | 4 Likes Like |Link to Comment
  • Vringo: After ZTE Settlement, I'll Add Shares On Weakness  [View article]
    As everyone I am not happy about the lowballed settlement but it is not so bad as the market is implying

    The worldwide litigation vs ZTE was necessary to prove Vringo can win worldwide and even have injunctions worldwide. Now the portfolio is validated.

    ZTE is not so big in the infrastrucure sector, that's where our patents are strong.

    For example Huawei and Ericsson are about 5-7 times bigger in telecom equipment sector. They could settle for 100-150M each (5-7x ZTE settlement).

    Even at just 50M each (which is frankly extremely lowballed) we would get 100M total

    I see fast settlements, no need to litigate worldwide.
    Dec 9, 2015. 09:35 AM | 5 Likes Like |Link to Comment
  • Vringo Jumps On Reverse Split, But Is It Enough To Keep Shares Going Higher?  [View article]
    Completely useless stuff/statistics...

    The market is dynamic not mechanic...

    Kaplan's ruling will not be based on split or not... believe me...
    Dec 6, 2015. 04:47 PM | 5 Likes Like |Link to Comment
  • Vringo Jumps On Reverse Split, But Is It Enough To Keep Shares Going Higher?  [View article]
    Kaplan already ruled in April that ZTE breached the NDA with the NDRC.
    Any fine that might ever be ruled by the NDRC will only help Vringo because it will be offset or more than offset by Kaplan in New York.
    I think more than offset since it would come out from the NDA breach.

    Moreover, VRNG has no biz in China, it might never pay any fine there while ZTE must pay any fine in the US if it wants to continue business.

    Then add $$$ damages for the 'simple' NDA breach.

    It's a nightmare for ZTE.
    They have no way out.
    Dec 5, 2015. 01:26 PM | 5 Likes Like |Link to Comment
  • Vringo Jumps On Reverse Split, But Is It Enough To Keep Shares Going Higher?  [View article]
    if they want to go to jail that's the perfect move
    Dec 2, 2015. 12:41 PM | 5 Likes Like |Link to Comment
  • Vringo's Acquisition: A Riddle, Wrapped In A Mystery, Inside An Enigma  [View article]
    Very poor article about old stuff and nothing about ZTE suits ...

    Current VRNG's Valuation.
    Very Conservative View on ZTE suits:

    90M FRAND (out of the full 817M, 58.5M net after nokia cut)
    120M NDA Compensatory damages (no nokia cut on the NDA)
    60M NDA Punitive damages (they can be up to 10x NDA damages or 1.2B, applying only 0.5x or 5% of the full potential)

    Applying only 2x PE on FRAND (Huawei alone is 5x ZTE and many more future infringers)

    58.5+58.5+120+60=298M (100% net after tax due to previous net operating losses)

    More than $25 a share valuation post split , basically 8x the current price

    Extremely compelling price

    As you can see I am not even considering the IDG acquisition since it's a very small piece of the company right now.
    Nov 30, 2015. 01:05 PM | 7 Likes Like |Link to Comment
  • Vringo: Global Update, Upcoming Catalysts And Thoughts On A Reverse Split  [View article]
    FliCharge did NOT have 7 mil revenue last year

    A lot of disinformation floating around
    Nov 30, 2015. 08:54 AM | 1 Like Like |Link to Comment
  • Vringo: Global Update, Upcoming Catalysts And Thoughts On A Reverse Split  [View article]
    Completely false statements by Strike

    that doesn't mean that warrants were repriced, but just that they were re-evaluated for accounting purposes, for example because of time until expiration which obviously changes every quarter
    Nov 29, 2015. 08:56 AM | 4 Likes Like |Link to Comment
  • Vringo: Global Update, Upcoming Catalysts And Thoughts On A Reverse Split  [View article]
    I guarantee you have no idea what you are talking about.

    They don't need funds, they are actually well funded until
    end of 2016/ Q1 2017
    Nov 27, 2015. 06:10 PM | 5 Likes Like |Link to Comment
COMMENTS STATS
2,125 Comments
5,037 Likes