Our intellectual property rights and proprietary rights may not adequately protect our products.

Our commercial success will depend substantially on our ability to obtain patents and other intellectual property rights and maintain adequate legal protection for our products in the United States and other countries. We will be able to protect our intellectual property from unauthorized use by third parties only to the extent that these assets are covered by valid and enforceable patents, trademarks, copyrights or other intellectual property rights, or are effectively maintained as trade secrets. As of the date of this filing, we have 42 issued patents and 68 patent applications pending in the United States and 15 corresponding issued patents and 12 patent applications pending in foreign jurisdictions. Our issued U.S. patents will expire between 2024 and 2032 and our issued foreign patents will expire between 2022 and 2038.

CBOE Plans to List Options on GoPro, Inc. (GPRO)
- Expected Start Date of Monday, July 7- Contingent Upon GPRO Meeting New Option Listing Criteria

CHICAGO, June 30, 2014 /PRNewswire/ -- CBOE Holdings, Inc. announced today that the Chicago Board Options Exchange (CBOE) plans to list options on GoPro, Inc. (ticker symbol:GPRO) for trading beginning on Monday, July 7, 2014, contingent upon GPRO meeting new option listing criteria, and the OCC accepting CBOE's certification that the stock meets CBOE's listing criteria.

http://www.marketwatch.com/story/cbo...pro-2014-06-30

Betting On Big Drop, Shorts Borrow All the GoPro Stock They Can

11:08 am ET, Jul 2, 2014

For GoPro Inc. (GPRO -9.92%), now comes the hard part.

Bearish investors are out in full force betting against the video-camera maker’s stock price after it more than doubled throughout its first four days on the public markets. Whether GoPro can convince the skeptics of its future prospects will go a long way in determining the stock’s next move.

The cost of borrowing GoPro shares, a proxy for short-selling activity, has “immediately become one of the highest in our system,” says Karl Loomes, market analyst at Astec Analytics, a unit of financial technology firm SunGard. In addition the utilization level -- the percentage of shares available to loan that are actually being borrowed–is near 100%, Mr. Loomes says. It’s rare for a stock to have such a high utilization level.

“Both these figures suggest borrowers are snapping up all the available GoPro shares they can, and are willing to pay a high price to do so,” Mr. Loomes says. Astec didn’t immediately provide the exact number of shares available to loan.

Short sellers borrow shares to sell them in hopes of buying them back cheaper at a later date, aiming to profit from a price decline.

GoPro shares recently fell as much as 15%, on track for the first decline since the company went public last week. The stock jumped 31% in its debut on Thursday and then gained 14%, 13% and 20% in each of its next three days, respectively. It traded as high as $49.90 on Tuesday, more than double its $24 IPO price, and recently traded at $44.70.

As we’ve noted, it’s unclear whether investors should value the firm as purely a gadget maker, or a lifestyle brand, or a social-media firm, or some combination of all three.

No matter what kind of company it is, it looks like GoPro’s Wall Street honeymoon is coming to an end. And until GoPro can back up its high stock price with strong quarterly results, short sellers aren’t likely to relent in their pursuit against the stock.

“Although sharp and strong moves are common in the first days of securities lending activity of a newly listed company, and often unrelated to short selling activity, these numbers are dramatic even by those standards,” Mr. Loomes said.

http://blogs.wsj.com/moneybeat/2014/...tock-they-can/