Their not issuing new stock there splitting them. Very diffrent things.
Why does Spherix want their cases sealed? Wouldn't it be better if they made it public so their stock would skyrocket:
"MOTION TO SEAL PORTIONS OF PLAINTIFF’S MEMORANDUM
VERIZON SERVICES CORP.; VERIZON SOUTH INC.;
VERIZON VIRGINIA LLC;
VERIZON COMMUNICATIONS INC.; VERIZON FEDERAL INC.;
VERIZON BUSINESS NETWORK SERVICES INC.; and
MCI COMMUNICATIONS SERVICES, INC.
IN SUPPORT OF ITS MOTION FOR PARTIAL SUMMARY JUDGMENT AND PROPOSED CLAIM CON
Pursuant to Rule 5 of the Local Rules of Practice for the United States District Court for the Eastern District of Virginia and the Agreed Protective Order entered in this matter on September 18, 2014 (Dkt. No. 52) (“Protective Order”), Plaintiff Spherix Incorporated (“Spherix”) respectfully moves this Court for entry of the attached Order permitting Spherix to file under seal Exhibits 18-40 to Spherix’s Combined Memorandum in Support of its Motion for Partial Summary Judgment and Proposed Claim Constructions and portions of the Memorandum. Grounds and authorities for this Motion are set forth in Spherix’s Memorandum in Support of its Motion to Seal. In compliance with Local Rule 5, Spherix attaches a Proposed Order and is filing separately a Public Notice of Spherix’s Motion to Seal. Spherix requests that the Court
retain sealed materials until forty-five (45) days after a final order is entered and requests that, unless the case is appealed, any sealed materials be returned to counsel for the filing parties.
Dated: January 10, 2015
/s/ Nicholas V. Cumings
Amy S. Owen (VSB 27692)
Nicholas V. Cumings (VSB 82022) Attorneys for Plaintiff, Spherix Incorporated BrigliaHundley, P.C.
3975 University Drive, Suite 100
Fairfax, VA 22030
RIYADH, Saudi Arabia (AP) — Saudi Arabia's Cabinet on Thursday endorsed a 2015 budget that projects a slight increase in spending and a significant drop in revenues due to sliding oil prices, resulting in a nearly $39 billion deficit.
In a sign of mounting financial pressure, the Finance Ministry said the government would try to cut back on salaries, wages and allowances, which "contribute to about 50 percent of total budgeted expenditures." That could stir resentment among the kingdom's youth, who make up a majority of the population and are increasingly struggling to find affordable housing and salaries that cover their cost of living.
You people think this is a good thing for Sperix? Really? Rockstar sold its assets for a loss. They lost Almost 4 billion dollars. Thats BILLIONS. I hope that people with good sense sell before the writing on the walls makes it to hard to sell your stock. Keep it real people and stop wishing on a star. Or your shares are going to be very expensive wall paper.
Sentiment: Strong Sell
On December 15, 2014, Mr. Edward M. Karr submitted his resignation as an independent director of the Board of Directors (the “Board”) of Spherix Incorporated (“Spherix” or the “Company”), effective immediately. Mr. Karr's decision to resign from the Board was not the result of any dispute or disagreement with the Company. Prior to his resignation, Mr. Karr was a member of the Board’s Audit, Compensation, Nominating and Litigation Committees. Effective as of his resignation, Mr. Karr is no longer a member of the Board or any of its committees.
It might sound crazy but it could happen look at Ukraine.
Yes but those Russians fight as dirty as the Saudis.
Thank you for your honest answer. I also am waiting on the out come for this trial against Vtech and Uniden. I just hope we don't get one of those sealed deals. Win or lose I want to know.
Its not negative to see what others are thinking about a reverse split. That is why this boards are here. To exchange ideas. i keep hearing how people keep buying more shares but nobody talks about what if this goes down and SPEX has to do a reverse split. What if they do and its 10:1? That means that accoridng to many here that have 80,000 shares would only have 8,000 of the new shares. I want to make sure I get out before that happens.