Worlds Inc (WDDD)

[Rainmaker80]

I would agree. Clearly many of us were buying but certainly not enough shares to soak up all of that overhang.

I was thinking it could be a small HF or someone close to the company but I would have thought they would push over the 5% mark if so. However, we also haven't seen any 13D's filed. I am not sure how many shares were sold but the buyer clearly did not reach that limit. I would have thought the number of shares sold should have brought them close no?

How many shares were converted do you know?

13D:

"When a person or group of persons acquires beneficial ownership of more than 5% of a voting class of a company’s equity securities registered under Section 12 of the Securities Exchange Act of 1934, they are required to file a Schedule 13D with the SEC. (Depending upon the facts and circumstances, the person or group of persons may be eligible to file the more abbreviated Schedule 13G in lieu of Schedule 13D.)

Schedule 13D reports the acquisition and other information within ten days after the purchase"