Tuesday, October 14, 2014 7:15:37 PM
This latest bit of information related to the 8k is interesting. I am aware of the financing that Hudson provided Worlds, and the ensuing change of circumstances that had the CEO Thom Kidrin, rework the deal. What I find very interesting is the timing of the lawsuit filed by Hudson Bay, (for the 5 million shares- and the 900k)and the correction of Options held by the CEO.
My thought is Worlds may be preparing a secondary offering and Hudson Bay is segmenting its potential 5% holdings apart via the injunction requested. Maybe looking to force Worlds to settle to eliminate a cloud on its potential secondary.
Still this litigation is not of great concern, it could be years before this is resolved.
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