Regardless of court outcome Vringo holds the Patents in most major mobile applications. And theres more to come!
Come pay the PIPER more suits will follow regardless of court rulings. $5 - $10 - $20
That may be why the company is not going after billions of dollar in damages and treble damages. Vringo may be building a reputation in the court system for asking for fair and reasonable compensation. The courts would not have a bias against Vringo in future cases thinking they are frivilous.
If your going to build a company whose revenues come from compensation for infringed patents, this would be how to do it.
NO MORE PIGGYBACK PATENTS - The patent office began cracking down ten years ago on simular technology patents that was bogging down their ability to process patents within a two years window, they got way behind and revised their standards. This one from Vrringo took five years. Once a patent is filed no one can file a similar patent. (patent request will be denied) it is in print at the patent office recently released 9-25-2012 Vringo was fist to file in August 2007.
Very well said stk. People need to start looking outside the box of the courtroom and see exactly what Vringo has going for itself, it's a lot! I still think that Vringo will win in court but remember what the real longs have been saying all along...Vringo is not a one trick pony. There are remarkably intelligent individuals at the helm making fantastic decisions.
Sentiment: Strong Buy
Streaming through 3G and 4G pipes is big game changing revenue. All Video ads sent and received by way of dating and messaging services have, to pay Vringo. This create a new fad and get millions of clicks without paying for patent licenses is over, no more free rides by network providers to just use existing technologies without paying the patent originators.
If they win this case and all of its appeals it could be a $20 stock. If Vringo loses it will go to 0 because everyone will know its got nothing. Winning the suit will give the company credbility and it should shoot up. I’m surprised that CNBC, Fox business Bloomberg aren’t covering this case more. This case can forcast the future of Google. Why would vringo be a $5 stock if they lose this case. If they lose this case the only thing they are hanging their hat on will be gone.
Not possible. This stock was $1.20 before patent suit and patent purchase from Nokia. So try doing the math after $1.20 with the added assets. So many think that if they loose this case their technology disappears. That is for very simple minded thinkers. I have been doing this a long time and know valuable technology. It isn't a matter of if they win as to how much this is worth. 80% on this board agrees, or no one would be buying the stock. I bought at $1.20 so I know more than most.