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Vringo, Inc. Message Board

  • investora2z investora2z May 3, 2013 7:08 AM Flag

    Looking slightly better now

    The court ruling in the case against Google has given a fillip to the stock and it is showing some strength. The gloom which had set in after news of Google being able to work around Vringo's patents is subsiding. This was a setback for Vringo as the possibilities of future royalties for the patent were reduced substantially. The current ruling is a setback for the delaying tactics of Google, and now the case will be settled sooner rather than later. Meanwhile Vringo was recently granted patents related to its telecom infrastructure portfolios. Success of Vringo against Google has strengthened its claim against Microsoft, and that is another trigger for the stock. Further, the trial against ZTE Corporation (lawsuit potentially worth $129 million) will also add to the buzz around the stock as the hearing approaches. Smaller companies are changing their business model to become patent service companies or pure patent plays. Spherix IP (SPEX), changed its business modle by first selling its consulting division to concentrate purely on building and monetizing its IPR portfolio. The company which is mainly engaged in research of drugs for diabetes and atherosclerosis, is now a full service patent company. Spherix has found the backing of Hudson Bay Capital & Iroquois Capital Group. These investors are known for their ability to identify success stories in the IP business, and Spherix seems to be having good potential. Hudson Bay has been actively involved with Vringo. For Vringo, if the case against Google is settled soon, then the exact impact in terms of damages / royalties etc. will provide the metrics for calculations regarding its future. The success will surely encourage Vringo to become even more active in enforcements. Smaller companies are trying to optimize the value of their patents through licensing and court room trials. There are several multi-billion lawsuits under various stages of trial and many more are likely to come.

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