Wednesday, August 24, 2016 2:50:06 PM
I question how much diligence you have done in the past (and we know by your own admission) you've done nothing in the last few years.
The reason I mention this is cash really wasn't an issue for WDDD in any material manner until late 2015 (unlike vrng) because Susman has taken this case on contingency; meaning cash burn was extremely low.
The issue with cash only arose last year when the IPR was filed by Bungie and subsequently instituted by the PTAB-it was less than a year ago the market became concerned w cash and dilution as WDDD took on specialist legal counsel for the PTAB process.
Therefore, a decision to worry about cash before cash was at all even close to a concern because of the legal fee arrangement w Susman is somewhat, yet again, nonsensical!
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