Dont think it has anything to do with options expiration. Today was the deadline to respond. As far as on Virnetx website well you know vhc many times late or not at all. By now you have read the motion, its real, here is link https://www.dropbox.com/s/fkp54o2esbhjavy/13-1489.pdf?dl=0
"Problem is CAF are using de novo review and not considering the trial evidence as it was heard by the Jury. CAFC ARE CLEARLY BEYOND their mandate and SCOTUS is taking notice. CAFC are not supposed to re-try cases, not to mention ignore fact as questions of law. Not only are they doing that but now they are making technical decisions without the assistance of technical experts! "
Couldn't agree more Zeleration. When we all were looking at what the CAFC was going to review prior to their findings it was a given that they couldn't review new evidence and that their job was to review what was at hand. They are playing the all powerful and injecting items they have no business injecting. Technical issues that a jury and judge had already ruled on. Something has been fishy here since Rader left. Seems like Apple may have had some sway here.Its blatant willful infringement from a company as you say tried to patent the same art. Its really #$%$ and makes my blood boil. You couldnt write a Hollywood script any better. Thanks for post Zeleration you always have good info,this one just makes me made as Hell.
Bill, Can you imagine the time that has been spent by the legal team .If they get 8 or 10% ( number I remember ) Thats a nice chunk of change and as you say some pretty good PR.
I like this En Banc filling. It seems really thorough.
Great read everyone. Virnetx legal team seems to have covered all the bases, even the Teva case which happened just yesterday. Read it folks . By the way En Banc means VHC is asking for all the judges of the CAFC to re hear the case that the they (CAFC) just ruled on. Which in our case was just 2 judges. Basically re visiting the damage remand
LOL spectre, surely just a simple typo. As far as a new IP patent play, I for one will never do another. Not enough time left in my trading lifetime.but thanks mclass232.
I check the web site from time to time. Dont remember seeing the wording "active discussions." It was probably there and I just didnt notice , thought it interesting.Not pumping just sharing so bashers need not respond.
"Secure Domain Name Initiative
VirnetX is launching a Secure Domain Name Initiative (SDNI) and is in active discussions with leading 4G/LTE companies (domain infrastructure providers, chipset manufacturers, service providers, etc.). As part of the SDNI these companies will help deliver the necessary security requirements for the next generation 4G/LTE wireless networks. The SDNI will implement VirnetX’s patented Secure Domain Name and automatic Virtual Private Network technology."
True the courts dont have to validate a patent in order for it to be valid. BUT if the courts during all this litigation had found that VHC patents were invalid then I believe that would have over ridden the PTAB. Its important that the courts have upheld the patents. Back to the 2 schools. In due time vhc will either get new licenses signed and pps will be much higher or vhc doesnt get any new licenses signed and pps will go lower. You are in one camp and the longs are in the other camp. By the way Virnetx chosen business plan is not litigation. This course stems from companies like Apple that prefer to steal rather then pay for what they use. Nec, Siemans,Avaya , Mitel, Aastra etc have chosen not to steal. Apple is a swine company that has been stealing for years from many companies.With over $100 bil in their bank account they no doubt will continue that practice.
"The fact that the patents have not been invalidated is neither here nor there (I always assumed they were good) "
Wow, Lets start there ,"neither here nor there". If the patents had been invalidated then non of us would be here. So I will strongly disagree, Patents that are valid are key for VHC's future. Not signing licenses ( selling something) is the reason vhc is at $4.20 pps. Fundamentals are better IMO but the market and the shorts focused on the damage remand. Remember I said two schools and I dont like averaging down but $4.00 is worth the gamble. That is unless you think vhc is completely done then I suggest you buy some long dated puts. No doubt osprey we could have a long time frame ahead of us but then again we could easily see some good upside with some good news. VHC has always been a roll of the dice. At $4 bucks you can add some and put it away and not break the bank.I dont feel blind or misguided.Yes the past few weeks have been a disaster for many. A better time to get out would have been at $20 pps not now. Always JMO
Inowhoyour I think that there will probably be some form of of a way around total lack of access for an organization like the FBI. I am not sure how the technicals would work but with a court order perhaps VHC and others could somehow allow access to say the FBI for the use against a possible terrorist. Its a freedom I guess we have to live with or live without I guess. I am ok with the FBI listening in on my calls to save lives.
Thanks jmw but dont think most feel the same. I always try and share opinions,trading ideas,RC info and so on . Try not to be too bias to the long side. just as this post shows. Sharing some info. Use the ignore button jmw.
wineguy whats your thoughts on how much time is needed for 4G Lte A to be implemented to where vhc technology will be used in earnest. I added today as well.
I just saw a program on 60 minutes about the head of the FBI talking about Goog and Apple coming out with phones that are impossible to access by the FBI. Humm what could that be. CIA has already used vhc technology during the Bin Laden raid. you can all listen to the interview.
Two schools of thought on averaging down. I generally don't believe in doing so. You want to buy with the trend especially if you are a trader. As an investor if the goal is a little longer term and the company fundamentals are the same as when you purchased originally then you may want to average down. In the case of vhc $4 seems worth the gamble especially if your cost basis is $22 as mine is, maybe more considering option loss. Are vhc fundamentals the same as they were 4 years ago. Actually NO, they are better. Patents have not been invalidated by the Federal court or CAFC . There have been several settlements and licenses even though they are small. Apple Infringing has been upheld by CAFC, new US patents have been issued , 8 European patents have been issued and have had no opposition in the allowed 9 month re exam period so they are no longer subject to re exams. ( read that again,no longer subject to re exams) and there is more but dont want to beat the drum. I am not pumping just sharing some facts that may have gone by the wayside considering the garbage on this board, exclusive of some good posts by many of you.. Its always up to the individual. If you have a high cost basis this could be a way to lower the cost. Waiting for the trend change may be prudent for others. All IMO .
Not much of a decline considering vhc was at $4.18 during this time frame. Kind of tells me AGAIN that the shorts are not in this to make money. Much speculation that the shorts are Apple controlled. We will probably never know since the SEC is a worthless group when it comes to things like naked shorting or stock manipulation such as we have seem with VHC.
Not sure I agree with your thesis bvsn. KL's sale took place at $4.53. The sellers and shorts took the pps down not KL's margin call. The outcome of the CAFC just opened the flood gates because many panicked and many dont want to wait while all this legal #$%$ plays out. The rest was handled by the short sellers and crooks that created air shares to continue to short. Its pretty obvious the shorts are not covering. VHC is still hard to borrow ( htb ) and vhc has been on the sho list several times in the past few weeks meaning the shorts are still naked shorting and playing their games with the MM's. They wont keep quiet as they want to drive vhc so low that any good news brings it back to where we started months ago. Its a game I have watched for 4 years and afraid we will continue to watch. Since Apple will drag this out as long as they can the only chance vhc has is that KL comes through with some of his promises and signs some good license deals. All JMO