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   Technology StocksVHC - VIRNETX - Mobile internet security - Hottest technol


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To: Solarity who wrote (32)2/10/2019 7:47:11 PM
From: sixty2nds
   of 41
 
I remember that post well...

There is a lot to like about it.

I disagree with the settlement talk.

I do not believe it is in VHC's best interest to settle for .01 less than the court orders.

Cheers,
60

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To: sixty2nds who wrote (33)3/8/2019 6:26:55 PM
From: Solarity
1 Recommendation   of 41
 
A recent Dallas Morning News editorial blamed so-called patent trolls for Apple closing two stores in Plano and Frisco. My law firm represents several of the businesses described as "opportunistic companies" that "exploit the courts and our patent law." In fact, Apple is the opportunistic company.

Apple has lost multiple trials in the U.S. District Court for the Eastern District of Texas, including some cases won by my law firm, Caldwell Cassady & Curry. Our verdicts against Apple include $533 million (2015), $625 million (2016), $302 million (2016), $22 million (2016) and $502 million (2018).

In three of these trials, we represented Nevada-based VirnetX Inc. in cases involving the technology that enables the popular FaceTime feature to work on Apple's iPhones and other company products. VirtnetX, a publicly traded company, owns a valuable patent portfolio that covers secure communications technology, and its patented ideas originated with a group of inventors from Science Applications International Corp., the respected defense contractor and technology supplier.

One of the main inventors of VirnetX's patented technology is a former chief system architect and assistant vice president at SAIC. Another holds a Ph.D. in electrical engineering and previously worked as assistant vice president and division manager at SAIC.

The reason Apple was sued is because the company has never licensed VirnetX's technology. Instead, Apple has used its vast resources to drag VirnetX through trial after trial and appeal after appeal. Despite having had multiple opportunities, Apple has never won at trial against VirnetX because it has never been able to muster a defense that jurors found credible.

In 2013, Apple modified FaceTime to avoid infringing VirnetX's patents. This redesign was so expensive that it was abandoned after only three months, and Apple again modified FaceTime to resume infringing VirnetX's patents. Meanwhile, Apple misrepresented this fact in litigation and claimed that it was continuing to use its expensive redesign. After the truth was uncovered, a Federal District Court judge found that Apple had tried to conceal its infringement. But to this day — after nearly a decade in court — Apple has never paid VirnetX one penny for using its technology.

Who is really the "opportunistic company" here? Apple has made more than a trillion dollars selling products that rely on VirnetX's technology. Even if it did not originally intend to infringe VirnetX's patents, Apple certainly made a cold calculation to resume its infringement after its redesign failed —knowing that it would take VirnetX years to get any relief in court.

And who is really "exploiting" the courts? For one, it's entirely prudent to file cases in a proper legal venue such as the Eastern District, where the judges are very experienced in patent law and adept at identifying and managing any cases that are not brought with good reason. It's also important to note that, at any point in time, Apple could have decided to take responsibility and license VirnetX's technology on fair terms. Instead, it has engaged in litigation misconduct while trying to string out the proceedings to avoid paying anything.

If Apple officials want to move out of Frisco, that is their prerogative. But let's not pretend that Apple is a victim.

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To: Solarity who wrote (34)3/8/2019 6:28:20 PM
From: Solarity
1 Recommendation   of 41
 
For Apple, a settlement enables negotiation, while it still has some semblance of leverage, of a one time payment granting a worldwide, pre-paid license to VHC's patents booked as an extraordinary item.

If Apple chooses not to settle, it will pay (via Apple 4) a court mandated $1.20 per unit ongoing cash payment on US iPhone revenues; that will fall to the COGS line, and a reduction in gross margin will have a much, much greater impact on Apple's market cap than a discounted aggregation of that payment stream booked as a one time extraordinary item.

If Apple chooses not to settle, the company will certainly use Apple's initial Apple 3 payment to fund litigation against Apple in Europe (Germany), Japan, etc. for patent infringement. Some of those markets issue injunctions first and ask questions later.

If Apple, per your suggestion, waits until Apple 4 is Rule 36'd to phone Zephyr Cove, VirnetX has every incentive to flash the big middle finger and take the actions above. Apple has more leverage today than it will after Apple 3 is denied en banc, when it will have more leverage than it will after Apple 4 is heard, when it will have more leverage than it will when writ is denied or Apple 4 is Rule 36d (which ever comes first), etc. You may think the IPR's remain a factor, for all the reasons discussed ad nauseum on this board over the last couple of weeks, I don't, and I doubt that Apple does either.

As for other infringers, if they don't settle on reasonable terms, VHC will sue for willful infringement. Validity will be established, infringement will be obvious, and damages will certainly include a step up for willfulness.

The infringers, including Apple, played a much longer game than they could have wished for initially. They lost. It's over. Time to pay up.

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To: Solarity who wrote (35)6/6/2019 8:55:42 PM
From: Solarity
1 Recommendation   of 41
 
Do you want to make some money? VHC is the stock to load up on. The US Court of Appeals for the Federal Circuit is going to issue an opinion any day now that validates their patents and sends this innovative company to the moon. Mark my word.

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To: Solarity who wrote (36)3/17/2020 3:40:43 PM
From: sixty2nds
   of 41
 
virnetx.com
VirnetX Receives Payment in Apple Suit
by Virnetx on March 13, 2020 in Press Releases
ZEPHYR COVE, Nev., March 13, 2020 – VirnetX™ Holding Corporation (NYSE AMERICAN: VHC), an Internet security software and technology company, announced today that it has received payment of $454,033,859.87, representing the previously announced judgment with interest in the VirnetX Inc. v. Apple case, 6:10-cv-00417 (“Apple I”).

About VirnetX

VirnetX Holding Corporation is an Internet security software and technology company with patented technology for secure communications including 4G LTE and 5G security. The Company’s software and technology solutions, including its secure domain name registry and Gabriel Connection Technology™, are designed to facilitate secure communications and to create a secure environment for real-time communication applications such as instant messaging, VoIP, smart phones, eReaders and video conferencing. The Company’s patent portfolio includes over 190 U.S. and Foreign granted patents/validations and pending applications. For more information, please visit www.virnetx.com

Forward Looking Statements

Statements in this 8-K that are not statements of historical or current fact, including the statement regarding VirnetX’s damages award, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on expectations, estimates and projections, and certain assumptions made by management and involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements, including but not limited to the results of a pending motion by Apple in the district court seeking to vacate the court’s final judgment and efforts by Apple to seek restitution of the payment if relief is awarded. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’s reports and registration statements filed with the Securities and Exchange Commission, including those under the heading “Risk Factors” in Company’s Annual Report on Form 10-K filed on March 19, 2019 and Quarterly Report on Form 10-Q filed with the SEC on November 8, 2019, and in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019 when it is filed. Many of the factors that will determine the outcome of the subject matter of this press release are beyond the Company’s ability to control or predict. Except as required by law, the Company is under no duty to update any of the forward-looking statements after the date of this press release to conform to actual results.

Contact:

Investor Relations
VirnetX Holding Corporation
415.505.0456
ir@virnetx.com

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From: sixty2nds5/8/2020 12:43:19 PM
   of 41
 
finance.yahoo.com

VirnetX Declares Special Dividend of $1.00 Per Share



PR NewswireMay 8, 2020








ZEPHYR COVE, Nev., May 8, 2020 /PRNewswire/ -- VirnetX™ Holding Corporation (NYSE AMERICAN: VHC) (the "Company"), an Internet security software and technology company, announced today that its Board of Directors has approved a $1.00 per share special cash dividend on its outstanding common stock, payable on or about May 26, 2020, to stockholders of record as of the close of business on May 18, 2020.

"It took us ten years to prevail against Apple," said Kendall Larsen, VirnetX CEO and President. "We're grateful to our loyal shareholders and are pleased to be able to provide them with this dividend."

About VirnetX

VirnetX Holding Corporation is an Internet security software and technology company with patented technology for secure communications including 4G LTE and 5G security. The Company's software and technology solutions, including its secure domain name registry and Gabriel Connection Technology™, are designed to facilitate secure communications and to create a secure environment for real-time communication applications such as instant messaging, VoIP, smart phones, e-Readers and video conferencing. The Company's patent portfolio includes over 190 U.S. and foreign granted patents/validations and pending applications. For more information, please visit www.virnetx.com.

Forward-Looking Statements

Statements in this press release that are not statements of historical or current fact, including the statement regarding the Company's damages award, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on expectations, estimates and projections, and certain assumptions made by management and involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements, including but not limited to, statements relating to the Company's special cash dividend. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission, including those under the heading "Risk Factors" in the Company's Annual Report on Form 10-K filed on March 16, 2020 and subsequent filings with the Securities and Exchange Commission, as applicable. Many of the factors that will determine the outcome of the subject matter of this press release are beyond the Company's ability to control or predict. Except as required by law, the Company is under no duty to update any of the forward-looking statements after the date of this press release to conform to actual results.

Contact:
Investor Relations
VirnetX Holding Corporation
415.505.0456

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From: sixty2nds5/13/2020 10:10:07 AM
   of 41
 
finance.yahoo.com

VirnetX Teams Up With PEDLOX



PR NewswireMay 13, 2020








Canadian Based Provider of Security Services

ZEPHYR COVE, Nev. and TORONTO, May 13, 2020 /PRNewswire/ -- VirnetX™ Holding Corporation (NYSE AMERICAN: VHC), an Internet security software and technology company and PEDLOX Inc., a Canadian security and secure server provider, announced today that they have entered into a commercial agreement. PEDLOX Inc. will host, market, and sell VirnetX's Secure Domain Name technology as well as VirnetX's Gabriel Collaboration Suite via PEDLOX's Unified Security Platform.

"VirnetX's offerings are a great value add to our Unified Security Platform that PEDLOX Inc. offers. PEDLOX Unified Security Platform hosts, markets and sells 'Security as a Service' to utilities, government agencies, telecommunication companies, enterprises and residential markets," said Darren Olson, PEDLOX's CEO. "With VirnetX's Secure Domain Name technology and Gabriel Secure Collaboration Suite, we now have the ability to provide our clients with additional value. We bundle secure video conferencing with Gabriel's Secure Email, Secure VoIP, Secure Messaging and Secure File sharing through PEDLOX Secure Servers. This creates a significant value proposition to any person, home, business, enterprise, community, or government agency who wants the highest level of trust, security and data control without the need for an entire IT Team."

"PEDLOX will be a great partner," said Kendall Larsen, VirnetX's CEO and President. "PEDLOX is an innovator in security services and understands how to incorporate Gabriel to provide maximum security for their influential client base. This is an exciting collaboration and we look forward to working with them."

About PEDLOX Inc.

PEDLOX Inc., is a Canadian based provider of Security services for home, business, premise, outside plant, utilities, cable and wireless Networks. PEDLOX products have been in use with Rogers Wireline Communications since 2016. PEDLOX continues to increase its value-added Security Services with VirnetX Gabriel Communications. For more information please visit https://c212.net/c/link/?t=0&l=en&o=2802269-1&h=1796935424&u=https%3A%2F%2Fpedlox.com%2F&a=https%3A%2F%2Fpedlox.com%2F

About VirnetX

VirnetX Holding Corporation is an Internet security software and technology company with patented technology for secure communications including 4G LTE and 5G security. The Company's software and technology solutions, including its secure domain name registry and Gabriel Connection Technology™, are designed to facilitate secure communications and to create a secure environment for real-time communication applications such as instant messaging, VoIP, smart phones, e-Readers and video conferencing. The Company's patent portfolio includes over 190 U.S. and foreign granted patents/validations and pending applications. For more information, please visit https://c212.net/c/link/?t=0&l=en&o=2802269-1&h=3648770837&u=http%3A%2F%2Fwww.virnetx.com%2F&a=http%3A%2F%2Fwww.virnetx.com%2F.

Forward-Looking Statements

Statements in this press release that are not statements of historical or current fact, including the statement regarding the the expected benefits of and potential for revenue resulting from VirnetX's (the "Company") collaboration with PEDLOX Inc., may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on expectations, estimates and projections, and certain assumptions made by management and involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements, including but not limited to, including but not limited to (1) the outcome of any legal proceedings that have been or may be initiated by the Company or that may be initiated against the Company, including pending and future inter partes review proceedings in the Patent and Trademark Office and appeals therefrom; (2) the ability to capitalize on patent portfolio and generate licensing fees and revenues; (3) the ability of the Company to be successful in entering into licensing relationships with its targeted customers on commercially acceptable terms, including through its relationship with PEDLOX; (4) potential challenges to the validity of the Company's patents underlying its licensing opportunities; (5) the ability of the Company to achieve widespread customer adoption of the Company's Gabriel Communication Technology™ and its secure domain name registry; (6) the level of adoption of the 3GPP Series 33 security specifications; (7) whether or not the Company's patents or patent applications may be determined to be or become essential to any standards or specifications in the 3GPP LTE, SAE project or otherwise; (8) the extent to which specifications relating to any of the Company's patents or patent applications may be adopted as a final standard, if at all; and (9) the possibility that Company may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission, including those under the heading "Risk Factors" in the Company's Annual Report on Form 10-Q filed on May 11, 2020 and subsequent filings with the Securities and Exchange Commission, as applicable. Many of the factors that will determine the outcome of the subject matter of this press release are beyond the Company's ability to control or predict. Except as required by law, the Company is under no duty to update any of the forward-looking statements after the date of this press release to conform to actual results.

Contact:
Investor Relations
VirnetX Holding Corporation
415.505.0456
ir@virnetx.com

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To: sixty2nds who wrote (39)5/27/2020 6:47:32 PM
From: GemSeeker
   of 41
 
VHC has endured throughout an unbelievable ordeal and is reaping the benefits of that victory. They took down the worlds largest and most litigious company and now have nothing but blue skies ahead. A truly epic story.

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To: GemSeeker who wrote (40)5/27/2020 7:13:46 PM
From: sixty2nds
   of 41
 
Hello GemSeeker,

I wouldn't say they have taken down Goliath.

That said...
Goliath is on his knees with the Mother of all headaches, vision is black with spots, ears are ringing.

In a year or so when rotten aapl has written a much larger check
with the quarterly Running Royalty checks coming...

Then we can say the Giant is D E A D.

I want to see injunctions against rotten aapl in Europe and Japan.

I'd also like to see some revenues from a couple licenses.

VHC has taught me A LOT about conviction.

Cheers,
60


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