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Still crazy after all these years...any chance Kidrin does a reverse merger with this shell that is valued at less than $400K? The tax loss carry forwards have to be worth more than that. He has kept the filings current, and there's no debt. Seems like a no brainer for some company to use as an inexpensive way to go public and get some nice tax advantages with years of tax loss carryforward. If we get some tax loss selling before yearend, could be an interesting speculative buy.
Repeat after me: "CASH COW"
24/7/365 cha-ching...ringing the register all day every day.
Looks like it's paying off already as MRMD spikes up 40 percent today on Biden marijuana pardons. How many shares does WDDD still own of MRMD?
I'm going down with the ship. I'm not going to punt in front of the SCOTUS ruling now. If a miracle occurs and SCOTUS rules in our favor, I would never forgive myself if I sold here. I prefer to lose the penny(and take a slightly bigger tax loss) than to give up now. I am a tiny(very tiny) bit encouraged that SCOTUS did not send us packing when they refused to reverse American Axle and could have easily tied us to that decision. They did not.
I'm sick of this Thom is a crook talk by the Monday morning quarterbacks. Legal counsel has taken the biggest risk here, basically working and not getting paid. The patent and judicial system has worked against all of us. That does not equate to making Thom a "crook."
Thanks, that means we may know something by the end of July. Obviously, an extreme longshot. But with the state of chaos in the IP world, perhaps the SCOTUS makes the extreme move and benefits WDDD. The downside is known(.03), and probably better odds than a lottery ticket. But still very long odds. I do think that the SCOTUS needs to clarify the IP sector in this country, but whether that means WDDD can benefit from that clarification is an entirely different issue. A loss probably drives the share price below .01, and eventual bankruptcy as I don't see how the NFT business is sustainable without a huge injection of capital. I will just stick with my position, no adding or subtracting until the SCOTUS ruling. GLTA!
Does anyone have a clue when we can expect a response from SCOTUS re WDDD's appeal? This term or next? Thanks in advance to anyone who can enlighten the board on timing.
Agree with you on the bleed...until next month when they announce partners, etc...Then it can go either way, depending on who decides to play ball, funding for the plan, and how well that is received by investors.
Don't risk what you can't afford to lose. Like I said before, this is like a private company valuation, and it will fluctuate based on enthusiasm, or lack thereof. They've mentioned all the current buzzwords, cryptos, NFT's, metaverse etc...So we just have to watch and wait for April announcements. Until then, it bleeds. But that bleeding could stop any day in April, and reverse hard.
I believe in miracles, since you came along, you sexy thing!!!!! Sing it loud, everyone!!!!
Ode to Hot Chocolate...thank you Thom!!!!!
Greetings to all. This has been so exciting, turning "trash" into cash. Ground control to Major Thom! Huge volume and there's no pullback. The only fly in the ointment is the fact that the company doesn't have the cash to execute...at the moment. But with good PR's and properly timed hype, that can all be resolved. I can't believe I got bailed out in here, but I'm glad I didn't panic on the loss of the appeal---I just didn't believe it was worth selling for .01, and I was proven correct on my too late to sell feeling. Of course, if I had been really shrewd I would have been buying at a .01, but I'm not that lucky. Oh well, exciting to be involved with this now. May we see double digits again and bring in even more "investors"!!!!! Let this be an April to remember(unlike last April).
The difference between Vegas and Wall Street is that as long as you have outstanding shares, there’s hope and potential for hype. Kidrin’s Plan B gives us both. For oldtimers here, a new day has dawned. For newcomers, welcome aboard. The roller coaster ride has nowhere to go but up, at least initially. Don’t give away your shares. This is like a private company now in terms of valuation. With precious little capital, I expect maximum hype into an offering to raise money. But that will likely be at much higher prices and overall valuation. GME and AMC came back from being dead and raised billions. Why can’t we raise millions? All the buzzwords are here. Cryptocurrency, NFTs, Metaverse, etc…. Let the hype machine begin! All aboard!!!
My prediction is a raise at .25/share, but to get that, stock must get to about .50/share first. Time to buy up the float asap before the raise. Watch the volume. If it continues to pick up, this scenario is very possible.
Plus there’s the MSFT case, and even the extreme slim shot at an appeal to a patent friendly SCOTUS. Since I mentally wrote off this “investment “ as a 0, I have nothing to lose now. Time to have fun with the malleable nature of so called public companies, where literally anything and everything is possible.
Travesty of justice. Company should request en banc hearing, and if refused, petition SCOTUS for review. Patent system is a mess and needs to be cleaned up. Perhaps a conservative SCOTUS will rectify things as they should. And of course, there's still the MSFT case in Texas that is not really controlled by this pathetic ruling.
Personally, too late for me to sell. A complete writeoff...unless something changes. Will give it until the end of the year, or update on future litigation plans. Meanwhile, go MRMD!!!!!!!
So very disappointing. Any chance they attempt to appeal this ruling to Supreme Court? Nothing to lose except attorneys' fees at this point. What about case against MSFT? Will they abandon that or resume?
It's all about the Benjamins! So many lucrative opportunities await VNUE and StageIt. If you can imagine it, they can do it. Live performances by musicians and comedians(why not?) online, where the content can be archived like on YouTube and ads generating revenue for eternity. How about a streaming network? Sky is the limit.
Zach has built an incredible team of management talent on a shoestring budget. Now he finally has some horsepower and is approaching escape velocity. He has earned credibility with the artists, with his artist friendly approach, much like David Geffen in the 70's-80's. Geffen now a multi-billionaire because he put artists first.
Looking forward to uplisting to QB and eventually Nasdaq. We are on the ground floor of a potential behemoth in the music industry. Truly remarkable and very exciting.
Does anyone have a clue how long the appellate court takes on average to make a decision? I am expecting a reversal based on failure to go to step 2 of the Alice analysis(I know that doesn't end things, just likely returns to the District Court). With that ruling, I expect the shares to go back towards the .20-.30 range, along with the reopening the MSFT case in the friendly patent courts of Texas. Gotta love the risk/reward here, with a position in MRMD and even conservative voices embracing marijuana law reform. 2022 will be the exact opposite of 2021 for WDDD. Hope all of you followed my advice of October 4, 2021(Post #43501) and accumulated shares on the tax loss selling. GLTA!
Query to board: If the ATVI case is not reversed next year, what does that portend for the MSFT case? Abandonment or continuation? I would guess it would be up to the attorneys, but just curious what anyone thinks. I think it involves different IP, so I don't think the ruling in the ATVI case has legal impact on the MSFT case other than making it another long climb up the litigation path, with no certainty. Of course, as a shareholder, I would like it to go forward, but there's a price for everything.
Thoughts?
Tax selling happening sooner than I expected. Wouldn't be surprised to pick up stock below .03. Maybe even as low as .01, as the tax losses become more valuable offsetting gains in other areas than any potential gain here. Bring it on! I'll be accumulating for the risk/reward play for 2022. It can't go below 0, LOL.
The American Axle case is critical to the future of patent law as we know it. It really covers the essence of what is patentable. Under the current ruling, the Wright Brothers would not have been able to patent their flying machine because it uses the laws of nature. The Supreme Court needs to clean up the divergent rulings, which sows dysfunction to our business community, and clarify our system so that is understandable and functional. A reversal by the Supreme Court, and I believe that WDDD will get new life for its patent claims, as the Court of Appeals will not be able to ignore Supreme Court precedent. And neither will Casper if it ends up back in her lap.
The Supreme Court has an obvious conservative bias now, and should favor the establishment and preservation of our intellectual property rights system. So despite the short term loss imposed by Casper, in the end, justice should prevail. Or not, and we can have an IP system that becomes basically meaningless.
Lastly, I was(and am) an investor in AMRN---another case where a company did everything to preserve their IP rights, spent hundreds of millions to do so, only to get sued by generic drug makers and ultimately lose their IP protection. Our IP system is broken and needs to be fixed.
Timeline question for the board: Is ATVI's brief still due on October 13? Or were they granted an extension? Does anyone have estimates for the timing of the oral argument?
Surprising breakdown below .25 here. Must be tax loss selling season. I'll shop selectively for some shares. No reason to pay up when they keep selling it down.
Personally, I am betting on procedural error and a remand to the district court. Of course, my bet could be a loser, but at least I know my downside is about .03-.04 from here if you give value to MRMD and RLBD holdings. The upside is .20-.30 on a reversal by CAFC. Place your bets, or take your losses. And if you take your losses before the ruling, know that I will be accumulating your shares. And I really don't care whether you sell or not.
I am not here to convince anyone of anything but understanding the risk/reward. The appellate judges will rule whether the procedure was followed according to the law. The so-called "fix" is not in either way. Eyes wide open. If there is a reversal, I look forward to continued discussion here. If not, it's been a relatively pleasant exchange of ideas.
One more item...if the ruling is upheld on appeal, it does not mean that the MSFT case is completely dead. The case is filed in another jurisdiction, and if the attorneys are willing to shoulder the financial risk, it can still move forward. The district judge is not bound by the Casper ruling, and I believe the MSFT case actually involves distinct IP, though I could be wrong about that. Maybe CadillacDave can weigh in on that. GLTA!
Just my opinion, but I disagree that at this point it's all or nothing with WDDD. Sure, if the ATVI appeal goes south, then the patent portfolio is likely essentially worthless---though the MSFT case is probably still worth something if the attorneys decide to carry the load. But the value of MRMD and RLBD holdings is something, not nothing. And if the US ever relaxes the federal laws on marijuana, MRMD should appreciate further from here. I reiterate that I am prepared to buy a large amount of shares in the .03-05 range during the fourth quarter of 2021 as tax selling season kicks into high gear. I believe the risk is very limited at that price. And the reward could be multiples of the investment upon a reversal by the Court of Appeals. That's risk/reward investing that I believe in. GLTA.
As stated before, WDDD will be dominated by tax loss selling until the end of the year, UNLESS either MRMD or RLBD has a substantial appreciation in price. At this point, the patent claims against ATVI and MSFT are being valued at almost nothing, maybe .02 out of the .06. So for those that want to roll the dice on the appeal, the risk is about .02 at this stage. Of course, sometimes the need to take losses outweighs the true value of an equity, so perhaps it drops to .03 again(the previous low) on the final year end tax loss selling. And the upside, upon a reversal is around .20-.30. It's an enticing risk/reward play especially anywhere below .06. Just my opinion. And I will be ready either way. Just watching and waiting.
Personally, I think tax loss selling will be the order of the day until the end of the year or until the CAFC decision, whichever comes first. Having said that, my thought is to buy in the .03-.06 area as sellers take their losses and move on. Now this is a very straightforward risk/reward proposition...either you lose the .03-.06 cents invested(less some kind of salvation $), just like an expiring option, or you triple, quadruple or more your investment on a CAFC reversal.
Any thoughts on where this goes with a CAFC reversal? Back to .20? Or .40? In the event of a reversal, the game won't be over, but my trade will be. Though I will keep some for giggles just to remain in the game.
The uplist to NASDAQ is great news long term. Should set the stage for huge growth going forward. I am buying the dip here, at bargain prices. I have said before that not only do I not fear the reverse split, I welcome it. More exposure, more institutional sponsorship, expanding capabilities, and financing. Huge positive in my book.
Management seems very astute in terms of "plugging into" government subsidies. As you know, much of the success in this area stems from public sector incentives. And with the infrastructure bill imminent passage, I expect more goodies to be passed out, and I am confident in the company's ability to grab more than their fair share.
This movement into EV is a decades long ride, and we are still in the early innings. This country is falling behind China, and money will flow here to catch up. I like where this company is positioned for the long haul.
I wouldn't mind collecting more shares if given the opportunity. Even .29 is a great buy, but since I bought lower yesterday, I'm going to let it breathe a little and hope for another seller to appear.
I had posted "tick tock" on the under .30 shares a few weeks ago. Then it shot up to over .40. I doubt it stays below .30 long, but we shall see. Especially with the update coming next week----I expect it to be upbeat and bullish. The symbol should change too, to EVTV, which much better describes the new company. So much opportunity for the vehicles that they produce, vans, small trucks, etc..., while most focus on TSLA.
While controversial, a reverse split in order to get onto NASDAQ and increase the company's profile and institutional exposure is actually welcome in my book. With the potential confusion on the share price in the event of a reverse, it may also present a great opportunity to load up. I'm keeping some powder dry to load up if given the chance.
It's nice to be able to buy where the insiders(CFO and 2 directors) did in June. I would not be surprised if we see more insiders jumping in and gathering shares in this area after all the good news announcements. Remember, the private placement closed in May was at .45/share, and the warrants' strike price is $1. The company continues to execute, and the story just keeps getting better. I'm looking forward to the fall and coming year.
Come back to Papa after being unloaded in the .40's. Gifting season starts early with ADOM back in the .20's. Just thankful to be able to re-load in here. Nothing has changed other than the price. Company continues to gear up, and infrastructure bill includes EV, so what's not to like?
The trading action may look like pump and dump, but the reality is that VNUE suddenly has substance. Today's buyers likely see the vision of a small company gathering resources under one roof and becoming larger than they are currently. They are likely not buying it to flip the stock in a day or 2, but rather looking at a year or 2. The key going forward is finding ways to synergize and monetize all the disparate opportunities.
Take a look at LIVX. Its current market capitalization is more than $250 million. There is no reason that VNUE can't achieve that, too. And LIVX doesn't have Soundstr-----an undervalued gem of an opportunity-----and VNUE has just added some incredible human resource talent formerly with Gracenote. They will navigate this thing to incredible heights by putting their heads together and figuring out how to make Soundstr great. As investors, just put your seatbelts on, and put on Pink Floyd's "Learning to Fly" It's going to be a wild ride!
The lights are on but nobody's home. Or everyone, including the lawyers, is sleeping. Might as well watch MRMD instead of WDDD, as that's where the true value of this company is now...until the appeal is decided, hopefully in 2022. Then we can start the litigation over----maybe. Personally, I'll wait until yearend to buy from the tax losers, at .03-.05/share. And I'll load up there for the risk/reward potential. Otherwise, nothing to see here, except the grass growing(Go MRMD!). Plan your trade, trade your plan!
Tick tock on below .40 stock already? That was fast. Probably have another few weeks to get some below .40, but not that much longer. And the rise is occurring on a weak small cap tape. Imagine if it was strong! Great things happening here, fundamentally and technically. Spread the word! GLTA!
Buy a creeper, sell a leaper. So far ADOM has made a beautiful creep from a low of around .18 to .31. The slow, but steady, accumulation is noticeable. Still lots of room to the upside, as the private placement money came in at .45, and I would expect ADOM approaches that price by the end of Q3. GLTA!
Beautiful almost 1 million share accumulation today, and almost all up volume. Percolating nicely without news.
As I said previously, tick tock on the under .30 stock. Looking forward to saying the same things relatively soon on the under .40 stock LOL.
Tick tock on the under .30 opportunity. It won’t last much longer. Private placement was at .45. Should get back there again.
This is essentially a new company(Envirotech) with new management. They have a vision drastically different from Adomani's. What happened in the past is basically irrelevant. Insiders are buying stock now----not diluting the company. And the management team wants to get onto NASDAQ. These are all good signs for the future. If a RS can increase their visibility faster to the institutional investors, go for it I say.
Venerable GE is about to conduct a reverse stock split.
Growing organically is obviously the way to go, but this management team realizes that they want to play in the big leagues(NASDAQ), and not remain in the obscure OTC. To get there faster and grow shareholder value, you need to attract institutions who take large stakes and hold stocks for the long term value creation. I believe the intent of the RS is exactly for that purpose. This is not a pump and dump, otherwise, they could do that just fine here on the OTC, and endure the penny flippers ad nauseum. They have bigger plans, and I applaud their approach.
Personally, I have no fear of a reverse split in this situation because I think it would be for the purpose of up listing onto Nasdaq thereby increasing the institutional exposure and support for the company. So my advice is to embrace the reverse, and load up for the time when this company’s profile is drastically better than it is now. As I’ve said before, anything under .30 is a gift. Follow the lead of the insiders here. They are showing the way. First the CFO, and today over 150,000 purchased. I don’t think these prices will last much longer. GLTA
Insider buying by CFO. Wouldn’t be surprised to see more of that by insiders.
When people finally understand the potential here, I do not doubt we will see $1/share or more. Class 3,4 and 5 vehicles offer huge opportunity. US Post Office alone could be enough to keep these guys flying for years.(Funny, as I saw one of their old dilapidated vehicles being towed the other day). Seasoned management team is going to execute, with huge amounts of government incentives/subsidies. Back up the truck below .30 while it lasts. You will be glad you did. And ww will be able to chuckle when people talk about Envirotech formerly traded as ADOM.