Problem i am starting to have is that I was not lucky enough to just buy in at 0.01... I have had to average down. It has cost me a lot, with the thought process as with many here that the payoff would be even at 1.00 a share on an approximate 300 - 350 mil settlement were talking about 20 to 1 risk meaning if you averaged down to say 0.6 and the stock went to 1.20 = 20x your averaged down price... then the risk (not always the case) was better off... but now were talking inverting to the r/s at max 20... so someone lets say with the risk weighed at 500,000 shares now has 25,000. Yes at 20x the price so lets assume the .25 range bringing us to at x20 $5.00 but thats 5.00 x 25k shares = 125k.. ok but the issue now, and this is what got me... my kicker was the special one time payout per share,,,, should we win, that would have went a long way towards the long time my money has sat dead. So instead on mid xxx,xxx number of shares now it will be low xx,xxx... where a 1.00 a share for all that have held since x date would have been great. Now at 20 to 1 its an 80% windfall to the company as the word would be kept but at a significant loss to us,,,, this really really hurts... so i propose this
If the ownership reads this, what about this... instead of the 20 to 1 or whatever r/s... let us convert now to warrants at our current price, could that be done. Could we turn in shares plus provide a 90 day 120 day lock in at our current averaged share price. if 100 mill or more took advantage the company has plenty of stock to use, no... i could be wrong, i am sure someone will show me how.
the r/s would be ok if there was going to be on going operations for 20 yearsm but the end result is settle to all the infringers, maybe buy into some other IP then most likely buy out buy into WORX for long term EPS..
I dont know, just thinking out loud... i wonder if the company would take my shares in in exchange for warrants if that would help, just wondering outloud
