iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,431 Blog Posts

Statement from $VHC Regarding Patent News

I just spoke with Greg Wood from Virnetex and he said there weren’t any patents rejected, as stated in Seeking Alpha article. He said they are simply “reexaming” new patents with the ITC that are only 1 1/2 years old.

 

He said “this is standard procedure” and this news leak was nothing more than “scare tactics” by short sellers trying to profit. Also, he said, this in no way affects the current suit with AAPL and “everything is still on schedule.”

 

 

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15 comments

  1. Steve Place

    But we have the fine sirs at SeekingAlpha to provide us with unbiased, accurate reporting!

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  2. acehood

    SEC needs to shut down that place.

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  3. Raul3

    Time to squeeze these bastardos

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  4. Patrick

    I love this stock. What a soap opera.

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  5. drewdog12380

    So let me get this clear…shorts created this ‘rumor’ that the ITC rejected these claims as scare tactics to crush the stock and cover? Where is the SEC with all of this crap? Seeking Alpha is a JOKE! Either way, the shorts are getting desperate for a reason.

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  6. djmarcus

    Sounds like longs and shorts really nervous. Anyone look into straddles? They look to be stupid expensive but this isn’t my forte

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  7. Tpain

    I’m sure the SEC will have it taken care of by tomorrow.

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  8. TaoOfPatrick

    Thank Fly.I added under 32.SeekingAssholes is becoming the new Yahoo message board.

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  9. Hideous fibs

    finally bought me some ……uh.huh..

    looks like an ascending triangle anyway, and thats my story & I’m sticking to it

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  10. speedius

    I was hoping for a dip below 32 to potentially get assigned on some puts that expire this week.

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  11. The Eye-Talian Stallion
    The Eye-Talian Stallion

    Time to put SWHC back into your account.

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  12. chuck bennett

    I wanted to buy this @ 30 before everyone found out this news was fake.

    would have been a better day if I could have collect it down there.

    regards

    Chuck Bennett

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  13. Tom Shaughnessy

    Thanks to the author for your Due Diligence!

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    • 0 Deem this to be "Fake News"