[nslocum]

If VirnetX were on the verge of winning 1% of iPhone revenue, their stock price would reflect it. However, it does not.

https://www.google.com/finance?q=NYSEMKT%3AVHC&ei=h-WTU4DYNs...

VirnetX's market cap is $850 million, which would be a very steep discount if the company were "on the verge" of being paid $340 million/year from Apple.

[TomGullen]

Good catch, will be interesting to see how this plays out. I tend to believe indicators like this over news reports.