We don't have much time to respond to the stupid PR by Maxim, as we are in the midst of opening a restaurant. However, EPE, Inc. would like to state that acquiring companies via patent infringement cases is NOT Google's MO. This PR lacks any analysis and is patently ridiculous. Maxim should try to employ a real analyst instead of PR'ing complete nonsense. If Google was going to acquire VRNG pre-trial, the PPS would certainly reflect it.
Our blog has been spot on regarding the legal proceedings, and firmly believe this Maxim "article" has zero validity.
Disclosure:Enhydris Private Equity, Inc. is long VRNG.
Disclaimer: Enhydris Private Equity, Inc. @blogspot is a publication of general circulation under SEC v. Lowe, and does not act as investment advice in any way, shape or form. Enhydris does not advocate the purchase or sale of any security or investment for any specific individual.