VirnetX Holding Corp (VHC) Quote

WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday declined to hear patent-licensing company VirnetX's bid to revive a $502.8 million jury verdict it won against Apple in a dispute over internet-security patents.
https://finance.yahoo.com/news/us-supreme-court-wont-review-151929943.html Timberrrrr!

And then it.....funny....Right after you commented,It ....

Worthless stock. After a reverse split. It tumbled.

No

Yuup!

Wow! Is this stock going to zero ?

VHC new 52 week low

Looks like the was some after market news. Let's see if there is a price pop on Monday

KL has been buying a lot of stock on the cheap. On June 5 he bought a bunch for .38 per share.
.38 is a good buy for him. The company has about $70M in cash. The remaining patents have no value, and the company isn't set up to produce/sell anything. If he keeps getting shares cheap over the next quarter or two he can liquidate and divvy up the cash and make out like the bandit he is. His recent purchases average out to about .40 per share. In two quarters the cash on hand will be about $50M, which would mean that the shareholders would get about .70 per share. See----a good deal for him---he'd make about .30 per share on his recent purchases, and get over $5M total.

Can you document your statement about the dividend. At this point a large dividend will be tantamount to a company liquidation, which it should do asap

Yes, it's been a scam from the company's inception. It's been proved, in PTAB and CAFC that the foundational patents were derived from prior art or obviousness by Dr. Short while at SAIC. SAIC didn't see any value in them, so the gave them to Ken Larsen for a song. He created the company as a patent troll, and only created a few overpriced product to try to escape being called a patent troll. He has paraded an enormous number of "customer/client/partners" over the years that never amounted to crap. The deception finally caught up to him. Anyone who read and understood the patents, and read and understood the PTAB decisions also understood this was an unfortunate scam.....Lesson? Don't invest in something you don't fully understand.

IS THIS STOCK A SCAM OR WHAT??? I WANT THE TRUTH!!!

They have no products that are competitive. There has been no interest in licenses for their remaining valid patents. They have $60-70M left, and large legal bills to pay, taxes, ongoing salaries, bonuses, leases, and $8K/hr jet rides to pay. The odds of a successful appeal at SCOTUS is extremely low (almost microscopic) and would be very costly---their patent invalidity appeals are not paid on contigency. Cap'n Ken should close up shop and distribute what remains among the shareholder, of which he would get about 10% of the booty.

Guess we need only to open the early NEWS to see the new or current headlines to find out the next “deal”

DOes this mean the party is over,no more bullets?out of ammo?

They did the $1 dividend because the CEO got more than $7m and the company has no revenue generating business and no more money from Apple. What money is left in the Company will be spent on the CEO and his family in outsized salaries, bonuses, and Company paid for jet rides in his privately owned Gulfstream. That's called maximizing his return.

Dump time.

nose dive, wth?

Nope they don't. This company is confident about their future . If they were not, they would conserve cash by not giving a $1 dividend per share.

People can't see a good deal when it stares them in the face

Shooting towards 1.70 and $1.00 divi, this should be running to 2.00 but people don't like free money I guess.

Yes. Big dividend coming. That's why volumes up in the millions. This stock traded 250,000 max on average most days

HUGE $1.00 dividend coming $VHC, better load up!!!!!!!

lol we all make mistakes no biggy lol

Oh snap. My bad... lol too early for me, please forgive my Ignorance

He said April 7th? lol

Doesn't look closed to me lol

Stock Markets closed Friday April 7th. for Good Friday. Will need to buy shares April 6th. for dividend.

Yes
NEWS
VirnetX Receives US Court of Appeals Decision
$1.00 Special Dividend Remains Intact

ZEPHYR COVE, Nev., March 30, 2023 /PRNewswire/ -- VirnetX Holding Corporation (NYSE: VHC) an Internet security software and technology company, announced today that the United States Court of Appeals for the Federal Circuit issued a decision in appeals No. 2020-2271 and 2020-2272 involving certain claims of U.S. Patent Nos. 6,502,135 and 7,490,151. The Federal Circuit affirmed the decisions by the Patent Trial and Appeal Board in two inter partes review proceedings (IPR2015-01046 and IPR2015-01047), which found claims 1, 3, 4, 7, 8, 10, and 12 of the '135 patent and claims 1, 2, 6-8, and 12-14 of the '151 patent to be unpatentable.

"We are disappointed and disagree with the Federal Circuit's decisions in light of its past rulings on these same patents," said Kendall Larsen, VirnetX CEO and President. "We are evaluating all of our available options, including potentially seeking rehearing or certiorari review."

The VirnetX announcement today of a Special Cash Dividend of $1.00 Per Share remains intact regardless of litigation outcomes.

So if I buy the stock before April 10th. I get the $1 dividend. Is this correct?

It's nice to know, that they still will honor paying out this huge dividend, even after the bad news......I just got in at $1.45, for a tiny chunk......Always have been a sucker, for ridiculously huge dividends......Who knows, the PPS might rise somewhat, in the next few days leading up to the record date....That might cause me to bail out, before the record, for a smaller "no risk" type of gain......We shall see,,,,,Anyway you look at it, after the divi is done, the PPS will probably be down in the pennies region......GLTA

Turn out the lights,, the party's over. The remaining patents-in-suit against Apple have now been affirmed by CAFC as invalid...
https://cafc.uscourts.gov/opinions-orders/20-2271.OPINION.3-30-2023_2102756.pdf

That makes the infringement suit against Apple moot (race to finality).

I think someone took this down in a hurry to buy $80K in calls:

$80k into March $1 Strike calls today... Interesting.

We should know anytime. Good luck to us!

Grabbed some long term option at $3/$4

VHC starting to get some love!

What can they report? They already chummed the water for Gullible Goobers with the likes of Pita, Asgard, Pedlox, Above Par, Titan Commerce, Integranet Health, various ISAOs, HTC, 4G and 5G nonsense, First Responders, Olympics and Rugby, Japan Licensing, Gabriel Secure Suite, War Room and Matrix Nonsense---the list is excruciatingly long with no results.

"The Street" is on to their nonsense and "The Street" is also from Missouri---"Show me".

Need something pre market tomorrow imo, one month downturn ends tomorrow so maybe a short term increase could occur with news, they had a chance at a higher SP back when I was posting here more often and they chose silence at that time for whatever reason

What is the Company supposed to say? Sorry, but it doesn't look good for us at CAFC. Sorry, but all our Secure Domain Name patents but one will have been invalidated or expired by end of December, and the last one expires in 2024. Sorry, but we have been unable to monetize any of our newer non-SDN patents. Sorry, but our Gabriel Suite, Matrix, etc don't generate any revenue to speak of because we are uncompetitively priced.

This company was always (and still is) about being a patent troll, and it has run it's course.

There is an abyss below this SP, caused by company silence, looking for .68

Still like VHC!

Gap at 1.15

Sorry, that does not help at all! Good luck to us!

VHC

22 8 3

Could you please expand a bit on this comment?

Buy in = August 3

"Two months since Matrix release"

Yuup, and still only 10+ installations per Google Play.

1.36 and news release after that price imo

Two months since Matrix release:

“9:26a ET 4/7/2022 - Benzinga
VirnetX Launches Matrix Product

Combats Threats and Protects Businesses and Employees from Cyberattacks

ZEPHYR COVE, Nev., April 7, 2022 /PRNewswire/ -- VirnetXâ?¢ Holding Corporation (NYSE:VHC), an Internet security software and technology company, today announced the launch of VirnetX Matrix to secure private access to Internet applications, services and critical infrastructure. VirnetX Matrix enforces access policy controls and enables real-time network management to protect cloud or on-premises applications from threats.

VirnetX Matrix safeguards applications and contemporary remote workforce from sophisticated hackers and mitigates threats by enabling corporate applications to be invisible from unauthorized users. Matrix utilizes VirnetX One, a software-as-a-service (SaaS) platform that secures communications and protects applications, services, devices and infrastructure from cyber-attacks regardless of network or location. VirnetX One implements a modern Zero Trust architecture built on VirnetX's patented Secure Domain Name Technology.

"Threats to Internet applications and hybrid workforce are at an all-time high," said Kendall Larsen, VirnetX CEO and President. "While legacy security solutions lack complete visibility and protection, VirnetX Matrix delivers Internet security professionals a powerful solution to secure applications and services and thwart these evolving nefarious attacks."

With the proliferation of Bring Your Own Device (BYOD) policies, government facilities, healthcare networks, and telecommuting being the new reality, VirnetX Matrix provides remote teams with a comprehensive security posture. According to industry experts, there will be an estimated 24 billion interconnected devices by 2050. VirnetX Matrix provides seamless and secure access to interconnected devices and corporate applications, regardless of location, network or device.

Key features of VirnetX Matrix include:

Mitigate Attacks â?? Matrix offers protection from external threats including hackers, phishing, misconfigurations, and denial of service attacks. It limits lateral movement across network applications and services by threat actors.
Trusted Access â?? Matrix authenticates user access and secures applications and services using patented Secure Domain Name Technology. With Matrix, users can manage access, apply access policies in real-time, and easily understand who has access to information.
Cloud Security â?? Matrix allows users to easily secure applications in the cloud, on-premises or across hybrid deployments without impacting deployment or user experience. The cloud-based dashboard allows users to manage their applications, control access in real-time, and gain visibility into the users and devices that have access.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.”

Come on Matrix, sell sell sell and news on sales