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The "political" decision was an unfortunate turn of events here.
However, when it was discussed here that a political decision was likely in the works, you, L4BC and quite a few others ignored that advice and clamored to have people removed from the board, for presenting a false narrative, which in reality was a different, and unpopular perspective (which turned out to be correct) from those who had tunnel vision here on the board.
So there was an opportunity to de-risk here, for those who were paying attention, rather than mocking the author of that eventual outcome.
Sadly, an expensive lesson for some, who declined to hear both sides of the story and make informed decisions.
At this point, for those who kept their shares and hung on or even bought sub-penny, it seems like there will be an opportunity here to recoup those losses, in the near future.
Good luck to you.
I would wish L4BC good luck as well, but he doesn't need luck, since he's the smartest guy in the room. Just ask him!
Believe there is a lot of interesting deals coming with wddd would not be a seller maybe a buyer based on the announcements in the future
but going to be patient but will add if the news is strong
At .20 I think you have a very good chance to make money here Owl. Rooting for us all...even LB4
My average was .04 before the reverse split which made my average .20. I made approximately 100-200 buys over the years before that fatal decision by Casper. She killed us on what I still think was a political decision. So basically after 13+ years, my average is still around .20. JMHO
The Old Owl
Those who got in real early may have gotten shares in .12 range. As WDDD chalked up wins at the Markman hearing and others, the prices elevated to about .30. And then there were some who bought at .70, "because they could", but shall remain nameless for today!
So a lot of folks are sitting here today, somewhere between .12-.30 range, and probably many are closer to .30. Those who bought the dips, like yourself, have a much better entry point.
Good luck! I think we will make some $$ here.
Good assessment, Dave. It will take balls of brass for many of the originals to not panic. It would be interesting to know the average SP for these 13+ year veterans. I am a relative newbie with a .07 average after buying the dips. WDDD is more like fun money for me, so I am willing to see where it can go. GLTA
It seems very possible. However, at the first sign of news, many who have been stuck here for 13 years, will scramble toward the door, balancing out some of the spike upward.
After those folks sell, the second round of news will likely drive it significantly higher.
Good luck!
Thank you for the informative response. No doubt, the loss carry forward has value. I just dont see a direct correlation to .80. In my opinion, the terms of a merger will affect that value.
Guessing That should come soon with the first wave of news
Positive volume would be helpful
A guess would be the spread will tighten and the stock offered at .04 will be purchased shortly and soon to be .05
Would like to see some news soon
At December 31, 2023, the Company had federal and state net operating loss carry forwards of approximately $45,000,000 that expire in various years through the year 2042.
Due to net operating loss carry forwards and operating losses, there is no provision for current federal or state income taxes for the years ended December 31, 2023 and 2022.
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amount used for federal and state income tax purposes.
The Company’s deferred tax asset at December 31, 2023 consists of net operating loss carry forwards calculated using federal and state effective tax rates equating to approximately $17,235,609 less a valuation allowance in the amount of approximately $17,235,609. Because of the Company’s lack of earnings history, the deferred tax asset has been fully offset by a valuation allowance. The valuation allowance increased by approximately $198,580 for the year ended December 31, 2022. The Company had net income in 2023
Pag 29-30
https://www.otcmarkets.com/filing/html?id=17450575&guid=PdQ-kFbqYL7fJth
I actually was one of the ones that got in by accident back in the "Covid Kiosk" debacle. Been in and suffering ever since. Stubbornly averaging down to .07 as we speak. Getting a bit excited now!
Smart to get in and build the position now, before it spikes.
Good luck!
All of that sounds encouraging.
From what I have seen, Thom seems like the type of guy that maybe doesn't retire. Some just are immersed in their work and go out with their boots on.
The $45 million as a tax asset, is a tax loss? It has value but I'm not quite sure that it equates directly to .80 share, because we are clearly not at that yet.
But hopefully it gets there.
Good luck.
That was me again on the ask! I would do more, but I hate to pay a commission on a partial so I go AON. One other time, I actually got 3 shares at .01 and had to pay $6.50 for the pleasure lol.
$WDDD has an EXCELLENT structure, Outstanding Shares
57,112,506 and at most can issue Authorized Shares
250,000,000, undiluted for many months... this is a great achievement of the current CEOS,
WDDD has tax assets of 45 million... that represents $0.80 per share
WDDD has been THOM's company, it is assumed that at his age he wants to retire to be with his family
WDDD is ready for a merger, I think that during the next few months we are going to have fun!!!
LET'S GO WDDD
Yes, $5.00 was a very reasonable prediction. Unfortunately, the lawsuit fell short.
However, to Thom's credit, he did not give up, despite many critcisms here on the board, from long time share holders.
It appears that he has been working behind the scenes and has a chance to turn this around.
Hopefully, he can accomplish that endeavor.
My thoughts are, we will hear something soon, about a merger and a new direction for the company.
If Thom spins this into a success, the old owl will be dancing in the streets and Thom will be his new best friend. As for L4BC, he will be able to buy a new camper to continue the traveling road show.
Good luck to you.
Before the lawsuit failed, I predicted 5.00 ( not greedy) , but many people predicted up to 20.00. However we are all failed. 😊😂
I don't think he will say anything at this point, until a deal is reached and there is actual news.
It will be interesting to see how it works out, as there have been quite a few predictions.
Need Data Stream(Thom) to update asap.
Slowly creeping up. Almost at 52 week high, with very low volume.
News will create volume and push this higher, quickly.
Hope everyone placed their bets!
Maybe he plans to do more drinking and vaping to celebrate, if he turns WDDD around?
Probably no connection, but Thom's other debacle, RNLB (.0021), just bought out Vapor Shark, a B2B company in the Vape/Booze business. I don't see any impact here but interesting nonetheless.
Wow ! that makes WDDD $20,000 better off.
DEA recategorizes cannabis to schedule III - MRMD jumps 20% today.
Haha... That's true, I always said so.
You state: "What we are about to experience here has been in the making for many years."
WDDD was involved in years long litigation to monetize and enforce their parents. When the lawsuit was lost, that ended the direction the company was headed.
Due to the loss in court, the company is headed in a new direction - not something that has been in the making for many years.
You speak of compassion, etiquette and helping those around you. However, this is what you really think of an average investor, by your own words. Clearly, you believe you are always the smartest guy in the room, and you will laugh at the small investors who try to make a small profit, mitigate losses or break even, after 13 years of dead money or losses.
"I personally will get a chuckle when the small fry start to sell too soon as they don't understand Crypto markets and how we are now set up to run with them AND how that is a massive game changer on what the REAL potential here is... I tried to inform and prepare y'all but then so many were sure they were smarter than me.... Go for it."
That statement, as many of your statements are designed to do, looks to pump this and keep bag holders corraled, while you likely exit, if the price ramps up.
You seem quick to ridicule the experience and/or success of other traders and investors here, calling them random broke traders. There are a number of wise, experienced, and very successful people here, with a lot to offer.
But any opinions that don't match your own, are met with hostility, rage, derision and offensive language.
You also seem to criticize the terms of service here, except when you break the rules, pumping other stocks, attacking other posters i.e. who preface a statement with "in my opinion", or use profanity.
Many of your posts start with paragraphs about your world travels, and how wealthy, smart and successful you. You really have a high opinion of yourself. Most folks leave those opinions for others to formulate. There are a number of successful and wealthy people here.
By virtue of your own posts you are probably almost 60 years old, working, traveling around in a camper (carnival barker and traveling circus come to mind) and have taught people about finance. So on your two weeks off each year, you take a vacation. I have always been skeptical about taking financial and/or retirement advice from older guys who still haven't achieved a level of wealth (yet brag about it constantly), where they can retire. Some of us achieved that level of wealth much sooner in life, and retired in their 40s. So my vacations, travel around the world, aren't limited to two weeks, as it's a fifty-two week program of enjoyment, success, fine dining etc. I won the race a long time ago, and now am just taking victory laps. But I don't have the need to come on here and talk about that.
"I measure success in my financial wins not what random broke OTC traders think of me with their lack of Financial experience and knowledge,"
So by your own metrics, you would be considered a loser, at least here, since you have consistently lost money for 13+ years with this stock.
I hear the music playing, time to send in the clowns
.
Those are some lofty valuations. Not saying it is impossible, but in my opinion, a 10/1 split or something along those lines would be necessary to achieve valuations in that range.
In any case, I do believe there are positive developments on the horizon. We will have to wait and see.
Live long and prosper as best You can.
It is neglected that WDDD has fiscal assets of 45 million, and that it has closed 2023 with profits, and that it has not issued new shares for years, so the majority are in the hands of large shareholders...
WDDD is prepared for a merger with a company in the gaming sector or related to cryptocurrencies that wants to clear $45 million, this is a mine... the question is if it is time, or do we still have a few months of accumulation left?
My goal is more than $4, I think it could even reach $3 if the merging company is interested in listing on the NASDAQ.
At December 31, 2023, the Company had federal and state net operating loss carry forwards of approximately $45,000,000 that expire in various years through the year 2042.
Due to net operating loss carry forwards and operating losses, there is no provision for current federal or state income taxes for the years ended December 31, 2023 and 2022.
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amount used for federal and state income tax purposes.
The Company’s deferred tax asset at December 31, 2023 consists of net operating loss carry forwards calculated using federal and state effective tax rates equating to approximately $17,235,609 less a valuation allowance in the amount of approximately $17,235,609. Because of the Company’s lack of earnings history, the deferred tax asset has been fully offset by a valuation allowance. The valuation allowance increased by approximately $198,580 for the year ended December 31, 2022. The Company had net income in 2023.
At December 31, 2023, $WDDD had federal and state net operating loss carry forwards of approximately $45,000,000 that expire in various years through the year 2042. pic.twitter.com/zgDZwkhANz
— PennyStock.es (@PennyStock_es) April 16, 2024
Why thank You! I could do with some extra cash to purchase a spell checker
Awesome you have a future as a ghost writer
Ha ha
Slowly but surely the price is being pumped, for no reason other than casting the runes. At some point some one will bolt, which might send the price down again to the detriment of all others, unless some thing factual is actually behind all ths - who will be 'the quickest on the draw'? As things stand WDDD has sold two chuncks of MariMed shares, Some IP and an unspecified URL - selling to survive. The Company has about $100k invested in MariMed (approx 0.09% of said company) still to be sold off. The new director should have about 250K shares (minimum) by next January, which is worth a Donald's takeout at McDonald's at the moment, but may be more by then. Interestingly the CEO's contract is up long before that (In august 2024), so what happens after that is anyone's guess. As an aside should the CEO be sacked or Die before that, the Company will be at least a further £2 million further in debt due to the CEO's contractual obligations. So unless anything else happens, shareholders in September 2024 will be seeing a seismic shift in their fortunes. A canny director could even pick the remaining URL's up as a job lot. WDDD made no friends in the industry with the outrageous litigation that a lot of people banked on, so the waters will be stormy. A new seed could grow from within however, unfettered by the Company's current contractual obligations. Its current gaming technology is ancient and will serve no useful purpose in any future developments, it is as defunct as a Bowie NFT! keeping it alive however, at no real cost, would be a good move in harmonization with the rest of the Industry. Perhaps Jordan will inspire a new growth, utilising the shell of Worlds Inc, in the well fertilized field of Gaming?
Data Stream is Thom.
Of course we miss his sage😊
You only miss L4BC, what 's about Data Stream? He disappeared for long time, he seemed know a lot insider before. If there are some good news or updates I think he will be the first one to post out.
I know!
The Old Owl
I know!
The Old Owl
Thanks my friend. You seem to understand a lot better than me. I have been sitting on this for years as you know. If we get over .20 I’ll consider cashing some out. I need a win desperately! JMHO
The Old Owl
It only makes sense the new board member freeman is in the gaming space that kidron will do a deal in gaming
Freeman already complimented kidron in his board member news release about being a pioneer in gaming
Read. Between the lines
I am well versed in all the markets and have been for over 47 years
own btc at an average cost of 19k along with multiple etf in that space
But don’t need to toot my own horn
Wddd is an f…ing penny stock that’s play money
However I’m hoping everyone makes money in it
Hope everyone is right with their guessing and analysis
Absolutely laughable.
Your thesis for the past few years - trying to justify your buys at .70, and now again?
A few years ago the game plan here was a lawsuit. So the game plan has completely changed, yet your strategy and advice remains the same!
From the tone of your messages, you seem quite impressed with yourself.
Sadly, your followers here have for the most part disappeared, are broke, or ended up on skid row.
Etiquette? Look at your response! The guy started with IMO. It's his opinion and he and everyone else is entitled to that.
Your arrogance is off the charts, because people don't bow at your altar.
He wasnt asking your opinion doing DD. He was presenting a different opinion than yours, and providing a basis as to why. That is healthy for the board and for folks to consider both possibilities.
But anything that differs from your opinion is met with anger, aggression and yelling in all bold type!
And for the record, the Bowie World and NFT deal was a complete failure - as predicted.
Funny how you speak of uneducated and small minds...thats your audience! Folks here now see you for what you are.
You say your wins are measured by how much $$ you made. Well so far, you are way under water here, and the biggest loser, buying up to .70.
Good luck with that plan. Thirteen years in and you are still banking losses here.
I said it last week. I would expect news in the next 30-90 days. My prediction was for .25-.50 range.
But I dont have inside information, don't talk to Thom etc.
That was my prediction.
Lets wait and see.
OP1 Personally... no need to tell me I'm off base... seems kind of aggressive when IYO would have achieved your point and you could have asked f/up questions to help you in your DD but then... etiquette is not something I have seen much of on this board. What do you know about Crypto? You are quick to dismiss without any backup.
I would encourage to look into Crypto a little deeper... a massive trend in crypto is gaming and several games have already been launched on console by crypto companies and some have already crossed over to public companies... I am invested in a few and have been for a few years.
OLD Owl... I wasn't referring to you... I meant the Board as a whole -'you'. Talk soon,. Cheers
IMO your off base with your info for wddd moving heavily into crypto
Kidron will stay in his lane with deals mostly with gaming companies that are looking to get exposure via a public company
Time will tell
What's your prediction? How soon up to .50 ? You said something must happened in 2024, win or bankruptcy?
Your message just caught me by luck... I took a peek here as I was checking the news... glad to see the French Air Traffic Controllers have decided not to strike which is a big relief for me.
I won't be available for the next few weeks but I would be surprised if the big news here is that quick. I do see share price pumping but the news will make it RUN.
Look to the last 10K. It's all in there if you look close.
Speculators looking for signals just got a clear runway to .07 should be an easy accumulation with little concern for risk. Thom seems to think that (as per the 10K). .07 to .28 should still be fine... after that it would need to see firm momentum and then the bets become what multiple will Thom accept. This all falls into my thesis here for the past several years. .70 IMO is still a comfortable limit to keep adding (that's just a 10x off the 10K). Thom has been careful not to dilute more than absolutely necessary and this is his biggest chance to reward those who believed in him all these years (mainly his industry friends and their families)... but then again, I talk about what levels I feel comfortable adding at with my money... everyone should do their own DD and decide their own limits... like I have always said but others try to twist for their sleazy benefit.
Thom has been waiting for the Crypto Bull market to be confirmed before ramping here and that might have pissed off a bunch of shareholders' who don't get macro trends but then that's why he's the CEO and they are not. Small minds laughed at NFT BowieWorld as they thought that was stupid... typical for the uneducated. What Thom did was prove this Co is in the Crypto market as a core tenet which on the accounting (think tax loss) side was huge... What we are about to experience here has been in the making for many years. I personally will get a chuckle when the small fry start to sell too soon as they don't understand Crypto markets and how we are now set up to run with them AND how that is a massive game changer on what the REAL potential here is... I tried to inform and prepare y'all but then so many were sure they were smarter than me.... Go for it. I measure success in my financial wins not what random broke OTC traders think of me with their lack of Financial experience and knowledge.
But... then what do I know... I'm just 'whatever nonsense you have assigned to me lately' as you watch the share price climb and you are too afraid to add.
Here's a term I hope y'all are familiar with. I used to teach it to my wealth clients over 30 years ago so it's not new. DCA (dollar cost averaging). If you see an equity you like, assign an amount you are comfortable with and buy that dollar amount at the same frequency (every week or month) from now until a defined date in the future... as you wish. This will buy more shares sometimes and sometimes less as it's the dollars that are constant. It takes out the FOMO and emotion and as long as you are disciplined... you will have growing exposure to that equity without trying to time the market.
Have fun and try to be good to your neighbor. Lately it seems like sleaze has been praying on many of you eroding goodwill and using your frustration against y'all. I prefer to help people live better lives... that's what somebody did for me many, many years ago so I just try to pay it forward.
And... yes, I still hold millions of shares here and no, I won't be able to answer questions until I get back from F1.
Cheers.
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Worlds Inc HistoryFounded in 1994, Worlds Inc. invented and patented technology to solve problems associated with large-scale 3D multi-user environments, known as virtual worlds. Worlds secured an early priority date by filing a provisional application with the USPTO in Nov, 1995. Within a year, Worlds filed a non-provisional patent application, claiming the priority date of their 1995 provisional application. Worlds has pursued additional claims associated with their invention through a series of continuing patent applications, amassing a substantial patent portfolio:
On Mar 30, 2012, Worlds filed a patent infringement lawsuit against Activision. Worlds’ lawsuit seeks monetary damages as well as a permanent injunction barring the manufacture and sale of infringing devices. Additionally, the complaint accuses Activision of willfully infringing and seeks an award of exemplary damages, attorneys' fees, and related court costs. RepresentationSusman Godfrey is representing Worlds, without fee, unless the lawsuit is successful or is favorably settled out of court. Susman Godfrey is considered the top litigation boutique in the country.
Paltalk v. Microsoft Mass Engineered Design v. Ergotron & Dell, et al Sky Technologies v. Oracle Sky Technologies v. IBM November 30, 2016 IPR PTAB Validation on Worlds Patent 8145998 Claims 2,3,7,8, 11-18 https://www.scribd.com/document/356626284/IPR-8145998-7493558-718690-Worlds-Inc IPR PTAB Validation on Worlds Patent 7493558 Claims 5, 7 https://www.scribd.com/document/356626282/IPR-7181690-Worlds-2-of-3 IPR PTAB Validation on Worlds Patent 7181690 Claims 4, 8, 13, 16 https://www.scribd.com/document/356626285/IPR-7493558-Worlds-3-of-3 December 5th 2016: | |||||||||||||||||||||||||||||||||||
3-24-22 WORLDS INC | |||||||||||||||||||||||||||||||||||
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With a legacy as the creator of the first celebrity 3D virtual worlds and intellectual property for multi-server technology for 3D applications that are the foundation of many massively multiplayer online role-playing games (MMORPGs), Worlds is now developing the technologies that will power tomorrow’s immersive worlds and applications. By strategically leveraging NFTs and cryptocurrency to monetize digital assets, as well as interweaving cryptocurrency and NFTs with new virtual reality (VR) and AR technologies in innovative ways, Worlds is reshaping and further enhancing areas as diverse as entertainment, business, education, sports, fine art collecting, shopping and many other aspects of our lives. For additional information about Worlds, Inc., please visit: www.Worlds.com | |||||||||||||||||||||||||||||||||||
TWITTER: https://twitter.com/WorldsInc?s=20&t=l46zAf6pYD8uEcm06yp7ZA | |||||||||||||||||||||||||||||||||||
https://www.otcmarkets.com/stock/WDDD/news/Worlds-Inc-Leveraging-Legacy-in-Virtual-Reality--Gaming-to-Develop-Technologies-to-Power-Tomorrows-Metaverses?id=349296 | |||||||||||||||||||||||||||||||||||
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