To: sixty2nds who wrote (24742) | 5/8/2020 12:07:49 PM | From: sixty2nds | | | finance.yahoo.com Declares Special Dividend of $1.00 Per Share
PR Newswire•May 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 ir@virnetx.com
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From: sixty2nds | 11/2/2020 12:13:18 PM | | | | seekingalpha.com shares up 13% after jury tells Apple to pay $503M in patent damages Nov. 2, 2020 8:13 AM ET|About: VirnetX Holding Corp (VHC)|By: Brandy Betz, SA News Editor
VirnetX (NYSE: VHC) shares are up 13% pre-market to $6.26 after news broke late Friday that a jury decided Apple (NASDAQ: AAPL) mst pay the company $502.8M for patent infringement.
In the patent dispute, which has lasted for a decade, VirnetX claimed Apple's VPN on Demand and FaceTime were using its patents.
The jury was only deciding on the VPN on Demand part. VHC told the jury it should receive more than $700M, while Apple offered about $113M or $0.19/unit. The jury decided on $0.84/unit. |
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From: SGJ | 8/31/2021 9:06:30 AM | | | | Its amazing how prescient ahaha was. More or less predicted the current state of affairs. Need to hit bottom. Not there yet. |
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To: Lhn5 who wrote (24747) | 9/1/2021 10:07:45 AM | From: SGJ | | | According to ahhaha (Alan) , its the total breakdown of civil society into a communist totalitarian state where all freedoms enshrined in the bill of rights and the US constitution are removed and the economy is bankrupted. The 'Crats, as he referred to them, would be the instigators, which they have proven to be. As you are aware, the 2020 election installed a totally committed 100% Bolshevik administration. They will not rest until the US as we know it is destroyed. Alan believed the US had to see the result of the 'Crat policies to their final conclusion, lose everything and become serfs, before they would wake up and begin to try to mount a resistance to reclaim their liberty.
He proposed all this for debate back 10 years ago. Scroll back and you can find it. Its happening now before your eyes. |
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To: Lhn5 who wrote (24749) | 9/3/2021 9:21:47 AM | From: Drygulch Dan | | | My wife just informed me that the Biden administration wants all bank records and every transactions of accounts with greater value than $600 be reported to the IRS. There goes personal privacy and government over reach just shifted into overdrive. |
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