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  • Undervalued Vringo's $100M Victory Against Google  [View article]
    Docket 978

    MOTION for Order to Show Cause UNDER RULE 37 FOR NONCOMPLIANCE WITH AUGUST 13, 2013 ORDER by I/P Engine, Inc.. (Attachments: # (1) Proposed Order)

    GOOG continues its mockery, incredible
    Aug 30, 2013. 11:56 AM | 3 Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    Corporations that incur Net Operating Losses (as Vringo did and will) pay no tax in the current year and carry over these NOLs to as many as 20 future years.

    VRNG is not worried about the delays, it will receive interest from Google and pay much less tax eventually. From a tax point of view, VRNG has only advantages in waiting to get paid.
    Aug 28, 2013. 07:48 AM | 3 Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    GOOG didn't have to file anything.
    They just had to deliver the source code of the Workaround to Vringo.
    Aug 27, 2013. 04:53 PM | Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    Docket 968
    Aug 22, 2013. 03:00 PM | Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    VRNG Supplemental Damages 17+M
    2M better than expected
    nice
    Aug 22, 2013. 09:36 AM | 2 Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    We are talking about 150B revenues up to April 2016

    If the new adwords is underperforming the old adwords
    they risk 150B to save less or about 1B ?

    Pure Nonsense, it's a red herring
    Aug 20, 2013. 12:10 PM | 2 Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    burn rate of 1.8M a month is very low

    cover your short asap
    Aug 20, 2013. 07:58 AM | 2 Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    they don't starve anyone, it's the opposite

    they will have to pay prime rate interest for every delay

    moreover VRNG has plenty of cash
    Aug 20, 2013. 07:56 AM | 4 Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    Mesa_eric
    1st 22M goes to VRNG then VRNG owns 65%

    steeltown1
    JJ could award that yes
    JJ could also award Future royalties higher than 7%
    Aug 19, 2013. 02:50 PM | 2 Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    JJ is Judge Jackson
    Aug 19, 2013. 02:04 PM | 1 Like Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    exactly

    the more the delay the more Google and friends will have to pay interests, VRNG gets paid to wait
    Aug 19, 2013. 01:15 PM | 2 Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    yes

    Google was found infringing ALL 14 claims

    It only takes 1 claim from 1 patent and Google is still infringing on the workaround

    What is the likelihood that they have addressed all 14 claims found infringed?

    Very very slim
    Aug 19, 2013. 01:13 PM | 8 Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    false again

    you have to use previous operating losses
    Aug 19, 2013. 01:05 PM | 2 Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    false

    legal cost is 15-20% not 20% and closer to 15%
    Aug 19, 2013. 12:49 PM | 2 Likes Like |Link to Comment
  • Undervalued Vringo's $100M Victory Against Google  [View article]
    VRNG 08/19/13 updated valuation

    1) GOOG

    Future Royalties 575M (3.5%) to 1150M (7%) conservative growth until 4/2016
    Future Royalties 650M (3.5%) to 1300M (7%) aggressive growth until 4/2016
    My future royalties call is for 5-7%
    Past damages 30M
    Supplemental Damages 15M
    I see 75% chance of eventual Past damages correction to 118M (supported by evidence) or 173M (jury transposition error)
    I see 20% chance of eventual Laches reversal (375M or 320M depending on the kind of past damages correction)
    I see slim to to very slim Workaround risk
    NO USPTO risk
    NO Revenues base risk

    Don't forget that the more the delay the more Google and friends will have to pay interests, VRNG is not worried about the delay, it gets paid to wait

    I confirm my 800-900M settlement call

    2) ZTE

    October 15, 2013 Trial begins for ZTE-Germany suit
    Global Licence offered by VRNG $2.50 smartphone / $1.20 handset / 1.5% infrastucture revenues
    ZTE expected 2013 sales about 50-55M Mobile phones (28-31M smartphones - 22-24M handsets)
    ZTE offered 2013 Licence including infrastructure value about 125-150M

    Even just a third of that sum would be an excellent boost to the stock (40-50M a year license) and this is my settlement call, a 40M/year license

    ZTE offered 2013-2019 License potential value 800M-1B

    ZTE is only about 3% of the mobile phones sector and only about 9% of the telecom infrastructure sector

    Whole telecom infrastucture patents 2013-2019 Licences Potential Value Estimate up to 4B, more realistically licences value could reach 1-1.5B eventually

    Worldwide Mobile Phone Sales in First Quarter 2013
    Samsung 100.6M
    Nokia 63.2M
    Apple 38.3M
    LG 15.6M
    ZTE 14.6M (7.9M smartphones + 6.7M handsets)
    Huawei 11.1M
    TCL 8.5M
    Sony 7.9M
    Lenovo 7.7M
    Yulong 7.4M
    Others 150.5M
    Total 425.8M
    Source: Gartner
    In the first quarter of 2013, smartphones accounted for about 49% of sales of mobile phones worldwide.
    This is up from about 35% in the first quarter of 2012.

    3) YHOO settlement worth 50-70M
    I Confirm my MSFT + YHOO settlement 175-350M call (including the 6 MSFT patents)

    4) Small search engines settlements/licences worth 25-35M

    5) QuantumStream Patents targets Facebook Twitter Google
    Potential Value depending on the revenues base used > than 200M

    6) Virginia Tech deal in development
    US Patent 7,289,972 Cognitive Radio Engine Based On Genetic Algorithms
    US Patent 8,094,610 Dynamic Cellular Cognitive System

    7) VRNG Cash Position extremely strong
    Total cash* 152M and no debt

    Common Shares 82.5M
    Net cash in hand 46M

    Warrants 18.8M - if exercised Cash Value = 59M
    Employee Options 15.0M - if exercised Cash Value = 47M

    *if all warrants and options exercised, fully diluted outstanding shares 116.3M and VRNG receives 106M cash,
    Total cash 152M (cash in hand 49M + warrants value 59M + options value 47M) and no debt and without considering any award from the suits above

    Target $10
    Long Term Target > $10
    Aug 19, 2013. 12:33 PM | 13 Likes Like |Link to Comment
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