The courts are closing down ZTE worldwide. It's only a matter of time before ZTE settles with V. Longs will get paid!
What news has been bigger than a potential ZTE settlement on all cases. Don't even try the $1 mil plu patent settlement with Microsoft.
That would be nice. But I think if ZTE hasn't settled yet they will wait until after the 17th before they settle. If ZTE loses they will settle the remaining cases all together. Actually this would be very big news for us. Germany victory followed up by ZTE settlement for the remaining cases would be a big PPS spike.
Think about it. We win in Germany and get a quick pop and the traders bail on VRNG to lock in profits. The shorts expecting the typical pull-back start shorting and ZTE settles on the remaining cases. The shorts get caught and the PPS skyrockets.
Poorly written article! He baited people in with the $375 share price and buried the R/S data later on in the article.
Full disclosure: I've been holding shares since June 2012 so don't think I'm some short bashing the stock. I've earned the right to call it like I see it.
The author of the SA article lied two sentences into it. He says he has been watching ROSG some time as it rose to over $375 and then down to $1.40. The truth is ROSG never traded above $375. The long term chart shows the PPS trading above $400 due to the many R/S, but it never traded above $23.
Long term investors beware of this pumper article.
"IF" they R/S they will increase the authorized shares so they can dilute less shares at higher share prices.
First I was only replying to the initial poster and clearly indicated it was my opinion that a R/S was near term. My reasoning for the pending R/S is based on a .02 cent PPS and only 25 mil shares remaining before they his the cap. I also asked a question about where is the money coming from to continue the business. Clearly they cannot continue to dilute at the current PPS. So let me ask again. Where is DROP getting the money from to continue the business with the PPS at .02 cents and only 25 mil share left to dilute?
And yes, companies R/S all the time when the PPS hits rock bottom. I gave you a perfect example. Maybe you need to experience what I went through with ROSG before you open your eyes to the truth!