Thursday, May 28, 2015 11:10:56 AM
Worlds (WDDD) filed the lawsuit in March 2012. The possibility of 3rd party IPRs was not even known at that time.
The inter partes review process was enacted on September 16, 2012. Nobody knew for years what the impact would be or what loopholes in the AIA law would be exploited and to what degree. It has taken a long time for this headache (the IPR process) to manifest itself and in no way could SG or anyone else predicted that 3rd parties (that are not real parties-in-interest to an existing lawsuit) would game the system and circumvent the one-year petition deadline.
Much has been written on IPRs, publicly traded investments, and the backlash created by the AIA (and the need for immediate reform at the legislative level). I suggest all interested in WDDD take the time to do the research.
Recent WDDD News
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 09:30:21 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 06:34:14 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM