Analysis Details Valuation of Vringo's Intellectual Property Assets
NEW YORK, Oct. 8, 2012 /PRNewswire/ -- An independent equity research report for Vringo, Inc. (VRNG) (AMEX: VRNG) is now available at www.VRNGanalysis.com. In the report, a 55-page document entitled "An Analysis of Vringo, Inc.," author J.P. Moreno analyzes recent strategic moves that demonstrate how Vringo is expanding its business model and creating market opportunities for itself in the intellectual property space. Short-term impact scenarios are outlined with respect to the company's current patent litigation suit against Google and several other defendants related to internet search and advertising.
The report also describes the long-term growth potential associated with the company's recent acquisition of a mobile telecommunications patent portfolio from Nokia. This mobile patent portfolio is discussed in depth by covering the following areas: the various technologies covered by the patents, the primary target market sector and major players involved, and a conservative revenue model that offers projected revenues for the monetization of these patents.
About J.P. Moreno:
J.P. Moreno is an independent researcher and professional engineer with both bachelor's and master's degrees. The report reflects over a decade of intellectual property investment research and networking experience. For further information including disclaimers please see report. Additional information may be requested by email: info@VRNGanalysis.com.
About Iroquois Master Fund Ltd.:
Iroquois Master Fund Ltd. is a privately pooled investment vehicle that is managed by Iroquois Capital Management, LLC ("ICM"). ICM is headquartered in New York, New York.
The author, and/or his associates, do not own shares in Vringo, Inc. (VRNG). Both the author and his associates could have exposure to Vringo shares and derivatives at any time and without notice. This is not an investment recommendation and the data, and analysis based upon the data, may be subject to error despite best efforts. All opinions expressed herein are subject to change without notice.
The author was paid for preparation of the report by Iroquois Master Fund Ltd. ("Iroquois") and Hudson Bay Master Fund Ltd. ("Hudson Bay"), each of whom is a privately pooled investment vehicle that holds positions in Vringo, Inc. The conclusions in the report are those of the author and neither Iroquois nor Hudson Bay had any material input into the contents of this report. Both Iroquois and Hudson Bay viewed this report prior to its release to the public.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities of VRNG in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
This report constitutes private research and is for informational purposes only and the opinions of the author herein are strictly intended for reading only by those persons to whom it is or has been directly released by the author. The data and analysis contained herein are provided "as is" and without representation or warranty of any kind, either expressed or implied. The author makes no representation or claim guaranteeing the accuracy of any opinions or information. The author, nor his agents nor any third party data provider, shall have any liability of any nature whatsoever for any loss of whatever nature sustained by any person or entity which has relied on the information or analysis contained in this publication. You should always obtain reliable current information and perform your own due diligence before investing or trading. You bear responsibility for your own investment research and trading decisions and this publication does not serve as a substitute or endorsement for either and the author disclaims all responsibility and liability in connection therewith. Always seek the advice of a qualified securities professional before making any investment. This is not an investment recommendation and the data, and analysis based upon the data, may be subject to error despite best efforts. All opinions expressed herein are subject to change without notice.
Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration. In connection therewith, J. P. Moreno, Iroquois Master Fund Ltd. and/or Hudson Bay Master Fund Ltd. have received the following consideration and/or otherwise have ownership in the securities of Vringo, Inc., as follows:
(a) J.P. Moreno independently prepared this report and does not own shares or derivatives of Vringo, Inc. After the report was completed, Iroquois Master Fund Ltd. and Hudson Bay Master Fund Ltd. each paid J.P. Moreno $15,000 for the right to view its findings prior to its release to the public. J.P. Moreno is not receiving any compensation from Vringo, Inc. in connection with the release and/or dissemination of this report.
(b) Iroquois Master Fund Ltd. ("Iroquois") and Hudson Bay Master Fund Ltd. ("Hudson Bay") each own an undisclosed amount of shares of Vringo, Inc. common stock. Iroquois and Hudson Bay are not receiving any compensation from Vringo, Inc. in connection with the release and/or dissemination of this report.
SOURCE J.P. Moreno