I personally think that Adam did an ok job considering that he is Adam. What I mean by that is that the article did raise some negative points, but not nearly as many negative points as he would typically raise with other stocks. I agree with you that it did appear to be superficial.
I hope that Sierra World Equity Review realizes that when they continue to spread false information as they have in many cases (not necessarily this one although they have no basis for this post the "PR'd this week on the joint venture" is a) an attempt to manipulate stock prices using information known to be false (which is illegal) or b. insider trading which is also illegal.
They are paying 5% of whatever Google pays, so they will benefit if Google wins, however, they got out of getting hosed with Future royalties to the extent that Google is getting hosed. Its actually not a bad deal for Microsoft, just wonder what the cap is.
What leads you to this conclusion that things aren't lining up well for Google. What makes you think that they are lying? It would be quite a big gamble, if the court found them guilty again they would be in deep #$%$. Furthermore, JJ does not seem to be overly anxious to rule in favor of Vringo, I believe he will do 3.5% and kick the mess to the appeals court, let them sort this out. Vringo's key regardless will lie in past damages. If they are successful in overturning laches, then there would be a lot more money on the table, regardless of if Google changed their system or not. Google has already been found guilty of infringement, so it is a safe assumption that they did infringe upon the patents, but writing a letter to the court, no why would they do that? I believe that they did not, they informed Vringo knowing that Vringo would reject hearing the evidence, and held it as an Ace in the hole until they needed it. Vringo was, as established through court documents notified that Google claimed that there was a change. The lawyers at Quinn Emmanuel are very smart, they know what they are doing. Similarly, Vringo's lawyers are very well-experienced. It will be interesting to see Vringo's response. Google raised some interesting point, and I suspect that Vringo will attempt to go against each one of the points and raise its own case law. This will be a very interesting appeal!
Personally, I agree that Vringo has substantial grounds for an appeal. What I suspect is that it is just positioning, if Vringo and Google are in settlement negotiations Vringo just upped the ante by putting a definitive timeline on Google. Vringo's threat is they want a bigger running royalty to compensate for the mistake on past damages. However, I am not sure that it is very smart as you could anger JJ right before the RR decision. I would have probably appealed after, but I am not sure of the timeline for an appeal.
I agree, the Apple Samsung case I believe that they represented Samsung. Nonetheless, they are still very experienced patent attorneys and not to be taken lightly in my opinion.
Google management is not required to respond trial or post-trial. They are essentially "speaking" through their lawyers. QE is a good firm, they lost this case though :)
I'm not sure if the judge can legally give them two days to respond to a motion. As far as the law is concerned this is the first time that they have had to respond to the motion, so I would say that even the 15 day timeline is rather tight. Remember that these people are not working just for Google, they have other clients that they have to represent in other cases. Patience, we will end up being victorious!
While I agree with your hesitancy it is very rare for a judge to overrule a jury's ruling. I think that if he were going to dismiss Vringo's case he would have done it by now. In regards to the future royalty in my opinion it is pretty clear, but we shall see.
It got rejected though. Will have to run new analysis which will take some more time probably a few months. Then will have to resubmit, if lucky have approval early 2014
Sorry, but I don't believe that this is true, look at http://www.nasdaq.com/symbol/dvax/sec-filings#.USj8S6WTxnE, there has been no form 15 filing. I hope that its true though since I'm long, regardless though if we get approved we should make some money.
Does anyone know how I can access the court filings by Vringo and Google in the case. I tried the Pacer website but quickly got confused. Any insight is appreciated.
I do not own any of this stock, but have had it on my radar for a little while. I just wanted to congratulate TTNP shareholders on this partnership deal, looks like you guys in my opinion got a great deal, 15M is enough to put TTNP through for several quarters, and even more on FDA approval, and to top all of that off double digit tiered royalties, nice move by TTNP.
I believe that he was referring to the company Alexza, ALXA. It is an interesting idea, but I am not sure about it simply because of all of their former CRLs, and am not too sure about their run-up. As I don't want to get hit being the bag holder on an early negative decision from the FDA, but will definitely check these other stocks out.
As we all well know by now the laches ruling has certainly hurt Vringo. Now why would I believe that it is so important? Well, past damages would be an amount of money that Vringo would get regardless of whether Google changes their system or not. This is important because I would guess that with Google not wanting a 3.5% royalty, that they will change their ad placement system, claim it is no longer infringing, Vringo will have to re-file, and Google gets another crack at a jury with a slightly different system. Vringo's royalties might not hold up the second time. Looking at it from Google's perspective, it would likely be worth it for Google to change its ad-placement system, meaning that it would cut out Vringo's royalties. Up until this point, everyone has assumed that Google would sit complacently, and pay Vringo its nice fat checks, well I am wondering if anyone could tell me why they would not just change their system? In that case Vringo if they do not get the laches ruling changed would have a measly 30 million, and probably a few quarters worth of royalties, based on how long it takes Google to change. Based on this, Vringo does not seem to have very much more to lose in appealing the laches ruling, as past infringement would be guaranteed money. Also, why do you think Google hasn't settled? I believe it is because they feel that they have a new product which they think will make them not infringe. As a long, I am concerned about this question, and hope that Vringo appeals and squeezes every dime out of Google possible. Please note that based on 30 mil and a few quarters worth of royalties, I would say that Vringo is still unjustifiably priced, I believe that it would go up, as you would get to the point relatively quickly with Vringo sitting on 60mil in cash, if you add in 30 mil plus some quarters worth of royalties, you get to the point where Vringo is sitting on more cash than its market cap, and where the market is essentially valuing Vringo's IP portfolio at zero.
1.97 got to love panic selling. This is a great long term buy in my opinion, even if they get rejected and have to run more studies. They just have to prove safety, and it does not seem to be an issue in my opinion. This company is worth way more than 1.97 (disappointed I couldn't get in cheaper :(