Hi Carl, this is a pretty interesting statement you are making. What info can you share to substantiate that an appraisal was done and by whom. Thanks for all the good and informative posts. I quit posting some time ago but I am still very long ,waiting like everyone else..This post is very intriguing. Thanks Willie
you need a new calculator . Valuation math from John Ford and without interest calculated
"Let's take a more optimistic view and say that VirnetX gets what it's asking for; $1.20 per unit in damages. With 238 million infringing units, VirnetX would receive a damages award of $285 million. If 433 million units are found to have infringed, the damages number would go up to $532 million, exactly what VirnetX is asking for.
For ongoing royalties, VirnetX would receive $120 million annually, of which about $84 million would go to the bottom line. That would give VirnetX $1.58 in earnings, and a shareprice of $24, assuming a PE of 15. Given the dependability and predictability of the revenue, a PE of 15 appears conservative."....They received a @100 million more so looks to be over $1.40 per unit. !! What ya think peebra
The shorts are going to need all the shares they can get their fat hands on. It looks like they are still going to continue their moronic posts even after the jury verdict had 100% of the yes boxes checked to show Apple infringes ALL the claims in the trial. Yep 100% for VHC. So they saw through the deceit and awarded $626 million. And thats before pre and post judgement interest, the possibility of up to treble damages and a few other items. Do we head to $1 billion. Maybe so ,some will depend on the judge since he is the one to award the treble damages. As it stands $625 million is big. anything more is icing. Congrats to both new and us old time longs for hanging in there. Been a long road that is closer to the end or guess I should say the beginning on the next road trip. . I gave up dealing with the nut cases on this board a long time ago but never gave up on VHC...Crack open that nice bottle of wine or as JSB used to say have about 3 fingers of your best scotch.The trading may be crazy the next few days and the shorts will try and keep the lid on the PPS with any means they can, legal or not legal as we have seen for many years. Remember that much of the shorting is no doubt being done with Apples consent and probably guidance aka know as Brauburn hedge fund. Whats a few $bilion to Apple.Hang tough and have a plan, watch your stops. Thanks..Willie
There was a time long ago when this board was also good. It has since been invaded and many of the original Yahoo posters moved to IV. Even Years back we were nick Named the Yahooligans ( From somone on IV ) for having a different style of a message board.( to say the least ) I dare guess what the Nick Name would be now. Its been a looong road. Good luck to those who have endured.... Willie
Terp I am not happy with Kendall taking bonuses or buying season boxes or jets or putting his family on the payroll or some of the other items you mention which by the way are true.Thing is I still believe Virnetx has the technology and patents needed for 4G advanced going forward. Apple will have to pay up,they have been found guilty and that should change the landscape going forward. Virnetx patents are still valid and being added to. That is enough to keep me in. Its been a dog of an investment when we consider the time frame and the pps drop. but to give up now would be saying that I dont believe that Virnetx has strong and needed patents, and I believe they do. At $3.50 its a minimal risk. So for me its still worth staying in. Over the years I have paid more for options then $3.50 . So we wait and the shorts hang in and the longs hang in . And you are still here as well.
I am still here Golf. I pop in every once in awhile just to see who may pop up.. Board is finished ,The idiots won . I still have my position and add every now and then and keep up with my options.Its just a waiting game now to see if Virnetx can beat the odds.Maybe a license before the trial then the trial. Apple has done its job as well. Slimy company that they are.
I stay in some contact with some on IV but not as much there either.So we wait..
timing the thought of Apple owning Virnetx makes me ill. It would be a case of being rewarded for being low life,crooked, manipulating dirt bags. I know,I know this is Wall Street,quite common. Virnetx deserves better so I am hoping someone else steps in before Apple makes any move.Apple will wait till the bitter end and that may be just what a Msft or Google needs.
Larry. Its been a general opinion here for years that the shorts are not in this to make money. There is much talk that Apple is behind the manipulation just to keep the share price suppressed. When a stock price goes from $40 to $5 and the shorts dont take a profit then something is very wrong.I am one that is in the camp that there is much manipulation going on and for a long time kept track of the shares created from the illegal use of the market makers and the dealer brokers exemptions to create shares. After 4 years you tend to give up on the notion they will get there rightful punishment. Wall street is a casino and the crooks hold most of the aces.Its hard to understand why there is so much effort on these boards to get shares from retail but perhaps over a 4 year period many thousand of shares are sold just because retail gets tired of hanging around for the payoff. Hard to say. I dont post anymore because there isnt mush to say. If you believe that VHC has the patents needed for the future of security then you just have to ride it out. No matter how most of us cut the cake vhc wont be the game changer we once thought,simply because of so much time being invested. All MO
Interesting 10k. Dig deeper,lots of info . Agreements with Leidos. Gabriel plans, Gabriel being Beta tested in 80 small companies.May not be earth shattering but worth the read.Skim through it gang and see what might be in store for the first 1/2 of 2015
Disagreement is ok Osprey but what do you disagree with and whats your side ? Much of but not all of what I said is a known and is not really my conclusions. Always like to hear your side.
All I can say geejo you have endured and deserve a medal. Hope we can all celebrate soon. I have been around just working to replenish my vhc kitty that took a hit over the past few years. Bought some yesterday and more today. Dont want to be out this year. Maybe see some good news before the ASM. Thanks geejo for combating the insane.
Hi Peter ,Always possible to see some profit taking but I think VHC finally has the wind at its back. I have been following your excellent posts over on IV and at least your information gets the responses you deserve. Great work Thanks .
As I said this board hasnt changed much. Those who continue to look at the past will miss the future. Terp I think you meant " any explanation as to why VHC gave away the farm to Msft" not the other way around. As with MSFT's first settlement of Over $200 Mil. there was a very good reason. This settlement will prove the same. Throw in the dropping of the IPR case and ,well use your imagination. As for Gabriels timing being late, maybe it is and maybe it isnt. We retail think its late but all good things need time. Ask Elan Musk why the Tesla had a slow start. As GeeJo says ,Gabriel is here now so time to look forward. The longs have taken their lumps but soon it will be the shorts taking their lumps. Just look at the responses to this thread and one will quickly see . Trading looks very positive and I dont think we will need to wait much longer to see the reasons why. The shorts never seemed to be in this for the money but for the manipulation so lets see how it plays out.
The board hasnt changed much in the last year or so but VHC has. Gabrial has launched its Beta testing including a few updates and seems to be working perfectly , Apple has been beaten on almost every turn. Vhc patents have held up here and Europe, Msft again settled and withdrew from the IPR challenge sending a nice blow to Apple . I wonder if that wasnt their original intention. ( no love loss between those 2 )Now add Smartfish taking its own chunk of Apple pie. Any other company besides the Arrogant Apple would have long settled. There is much more to the story but anyone following the VHC story knows what is coming..
The longs and now probably the shorts know what ahead. Vhc has traded 9 million shares during its recent run and that was the up day volume. It wasnt a 1 day wonder. Each up day has brought good volume and for any traders out there that is always a positive sign. Only one Reverse Conversions of late and as one astute options trader has mentioned the only RC since November. We dont know if the shorts are done but with over 9 million shares traded in this recent move I am thinking the big boys are hoping the shorts stick around for a while longer so they can buy the shares the shorts are selling. Congrats to anyone who has stayed the course. I for one am adding to my VHC portfolio. 2015 should be a very nice year for Virnetx and its share holders.
Nice job sharing this info. I havent been posting much. I am spent on all this garbage and manipulation especially after gettting ready to do my taxes. Still long and still adding from time to time but worn out. Thanks Peter
Agree with you on Prost. Who is Virnetx to claim such an award against the almighty Apple.I would normally agree about large companies waiting to see how this plays out. There are a few factors that may change the waiting period. Mandatory security for 4Glte A , First Net very close to the application deadlines, and if Virnetx really has what we think it has wouldnt someone want to take a chance to be the king on the block. Something could be signed with a clause to be adjusted if its deemed that the license fee is to high, bla bla. Something likke that. These litigation stocks can make you crazy. Dead money for 4 years , beat your dog when VHC loses a motion, drive over my wifes I Pad and so on. Thanks Peter for your always good posts. Only MORE time will really give us the answers.
Fact or opinion. Opinion ,large companies are not going to license until they see damage exposure. Opinion They do not have any license in effect that would reflect the Apple situation. I wish I knew what was actually in those 6 licenses .I dont and dont know anyone who does. msft thinks it had licensed for Skype .Is Skype not similar to Facetime.. Opinions differ from fact
"As for the valid patents it is a big who cares? Many valid patents are useless because there is no demand or market for them. " Really osprey who cares. Many care if they need these patents for 4GlteA . Talk about faulty opinion..Of course I am #$%$uming Virnetx technology is essential. If I didnt think so there would be zero discussion.Sure Apple is being real #$%$ ****s but even that will come to an end. The 6 companies that signed a license were in litigation but they must have seen something of value to give in rather early on in the litigation. We all have opinions and #$%$umptions thats why we are on this board.
Facts are that 6 companies have a license. Fact is the courts have found vhc patents to be not invalid.
Opinion is that Virnetx may have patents no one wants.Opinion is that no Big company will sign out of litigation till Apple caves. You see how this all works...
Actually the other way is to steal the technology like Apple is doing. Even the appeals court said that Apple is stealing they just couldnt figure how much it was all worth. Remember that 6 companies have signed a license so it doesnt appear that the structure is faulty. The rates seem fair and the technology will be needed for First Net, skype, facetime, 4glte A and more. We are back to the same question. Does Virnetx have the patented technology needed for the above or is there another way around. Courts and 6 companies believe Virnetx has valid patents. Everyone involved in VHC knows the stock is highly manipulated. Its strange to me that so much time,energy and resources would be expended on a company that does not have the goods.That none of the so called "experts " have found any prior art. So IMO Virnetx has the patented technology and its just a matter of time. Remember I said IMO.
Terp I know its just a few days after Thanksgiving but do you have to be such a turkey. A forced margin call is not the same as an officer selling shares on his own accord.Even you know better then that. Spin that web like a black widow.No doubt the crooks used KL's shares to do some short covering of naked illegal shares hence the drop in short interest in that same period. And no to answer your question KL did not sell shares the broker who lent him the money and took the shares as collateral sold the shares Did the shares get sold ,yes they did in a margin call. I would explain how a margin call works but its just a waste of time..