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Vringo, Inc. Message Board

  • financesajeed financesajeed Mar 31, 2013 2:52 PM Flag

    VRNG: To Prepare To Face Competition

    Virngo Inc. (VRNG) is in surprising uptrend in the last few days; it closed at $3.17 on 28 March, 2013. If we consider the last fifty two weeks (fifty two weeks price range of $1.61-$5.73). We find that the price is well above the lowest price as well as average price, though it is below the yearly high price. However, the upward price trend is perhaps going to touch the yearly high price!! I think the above price trend is due satisfactory business arrangement by the company. We know that VRNG, along with its subsidiary companies, are engaged in the innovation, development and monetization of mobile technologies as well as intellectual property. Meanwhile, the company has built reputation in the investors’ community with its quality service offering to the customers. The company’s intellectual property consists of about 500 patents as well as patent applications cover telecom infrastructure, internet search besides mobile technologies. The company has been operating in an industry where the scope to flourish is sky limit. Intellectual property (IP) has been leading the world economy with intellectual services. In 2012, intellectual property as well as patent became the headlines in worldwide media due to industry growth followed by business expansion beyond national boundary, contribution to invention of new patents, sales and competitive position due to increasing number of firms advancing with intellectual assets, lawsuits, etc. The company engaged in IP services by adding new intellectual assets. The Company is steeping to make business in the competitive environment where market players are Google, Apple, AOL, Microsoft, etc. Also the peer companies MGT Capital Investment (MGT), Marathon Patent Group, Inc. (MARA), SPEX are also preparing to come to blows in the market.

3.49+0.05(+1.45%)10:09 AMEDT

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