QTRH positioned to avoid the VirnetX one-trick-pony trapVirnetX, received a $502M judgement, including interest, from Apple in January, 2021; plus $76M in legal costs; declared a $1.00 one-time special dividend to shareholders in May (~$70M). VirnetX shares traded over $8 in February. Today shares trade at $2.65 (market cap: ~$190M). VirnetX does have a foot in cybersecurity, it does not have a viable business outside IP monetization at this time.
QTRH is well positioned to avoid the VirnetX cliff as a result of its strong committment to ITS and the execution to date. QTRH is on the right trajectory with its ITS plan. The boxes outined on the Q3 conference call are being checked off.