Tuesday, May 16, 2017 5:45:03 PM
Worlds owns 5,936,115 shares that it intends to sell back on the open market within 5 years. That's currently worth over $2 million.
Look on page 8:
"(3) Worlds Inc. intends to dispose of its stock in an orderly fashion into the open market or in private sales, in either case in ways designed not to impact the market, but in any event within five years. While it holds any shares it will vote them in proportion to the votes by other stockholders."
I'm not saying they for sure will not dilute (WDDD owned this stock during times they have diluted in the past). But this shows another source of liquidity and now that MRMD is starting to show promise, it might make more sense to sell these shares vs. issue more WDDD shares.
@jpg256
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