How do I know (VRNG) will rise 200%? The secret in this message!
How do I know (VRNG) will rise 200%?
Easy math, if I am a company with a maximum operating loss of 28 million dollars a year, and now I have PROFITS coming in from Google damages of 150+ million dollars a year, then at the end of the year (VRNG) has 122 million dollars left in their bank, and they get this every year for the next 4 years....
Not including ZTE suit, damages there makes (VRNG) a easy buy as profits will be greater than 200 million a year for the next 4 or more years!
Vringo, Inc. (VRNG) -NYSE MKT
3.6193 0.1193(3.41%) 10:34AM EST - Nasdaq Real Time Price
What happens if Judge Jackson invalidates the Patents? The Judge has the authority to go against the jury and do that.
What happens if Judge Jackson follows what the Jury gave VRNG for Google which was only 30 million for a year, which would then only account for 30 million a year times 4 years. that only 120 mllion over 4 years.
The market cap of this company is like 400 million, which would mean that sum is already priced in.
How can you count any money from ZTE when the litigation hasnt even started?