Please excuse me, no one asking for any board member or any part of management to go out on the line and if you don't think this question is asked off record then your just being silly! I am a nice long term holder buying in at the low three's. Investors have every reason to ask what management intends to do with the funds if the case is settled in there favor, since the analyst community is going to need a reason outside of the present business models rate of returns to give a damn. Management can refuse to answer or not........Since I do this very successfully, it is not uncommon for shareholders to look for some clarity once the case has been settled what management intentions are. This would not be the first time nor the last time management gave a roadmap for the use of the dollars. If the co wants big investors they need to have the ability to hedge a position as it relates to probable outcomes and use of the dollars
Personally, I believe this is a meaningless investor conference call, unless you are willing to
inform current shareholders and others who might be evaluating an investment in VRNG
shares on what the proceeds from the GOOG patent award will be used for(were not talking
about when, just the certainty that management will use the process to buy back shares)if
not investors might conclude its dead money for now. Even if you get a quick settlement
unless management is going to be YHOO shareholder friendly, this is a waste of time.
Other than trying in the conf call to publicly show clearly that Google's management are a
bunch of snakes, but who doesn't already know that to be true.
What share holders need is more than just clarity, they want to know more and what better way
to get the analyst community on your side but to do what Yahoo's CEO Meyers did, she
preannounced what the proceeds YHOO was to be receiving from selling part of their
Alibaba stake were to be used for a buying back of $2Bil of Yahoo's outstanding shares, a lot
of shares.... the ride-up started way before the Alibaba asset sale happened, and keep going
from $13 way past $30....touching $40 a share. That share price appreciation as we know,
wasn't because Yahoo's earnings were showing much of an uptick.
If your going to play a public game of chess you might as will try and win.
All the best, Daniel