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Seems like you believe a company should operate on auto pilot with no one running it or taking responsibility for filing SEC requirements or do corporate lawyers and auditors work for free in you world as well.
If you read the financials you would see that Kidrin has accrued his salary for years. In addition to keeping the company and patents alive he brought in Susman on a contingency, not a simple task for a high powered firm which took a year of due diligence.
By the way, how does the company pay for the IPR? That's not part of the case against Activision.
Have you got any informed answers, or are you just here to bash as usual?
I know that quite well. You have missed my point obviously.
I am well aware of that, my comments are in regards to her disposition towards Activision in her court on matters before her. The IPR will take its own course am
No hopefully will be denied by the Patent office based on a privity issue. In any case it's at least 6 months before the Patent office will decide if it will even consider hearing the potion for the IPR
You are correct however there is an interrelationship between Activision and Bungie which bars them from filing an IPR, she will understand what is being attempted by Activision to bypass and overrule her jurisdiction.
She may find Activision's back door legal maneuvering thru a related party a breach of legal protocol and offensive to her court.
Do you even know what those two words mean?
WOrlds invented the technology did not acquire it and practiced the invention for over 15 years.
By no accepted definition are they patent trolls, Activision however are patent infringers.
Do some research, unfounded statements without knowing the facts are lies
I would also add that the fact that the international revenues which are not currently considered to be included in this suit may very well be added into damages if the international users log into US based servers and can then be shown to be part of US revenue.
Any damages occurring prior to the patent expiration date are due to Worlds even if they sue the day before the patent expires they have up to a 6 year look back period.
This does not cover the likely appeal of the Sept 2013 date for the certificate of corrections ruling by Judge Casper which could look back for damages to 2006 plus treble damages for willful infringement.
If you read the settlement terms, Hudson can't sell more than 1 mil shares a month under $ .18
Major over reaction to SA article on patent reform
Has no bearing on WDDDs case non of the proposed legislation covers Worlds lawsuit
Great buying opportunity for those in the know with Markman ruling shortly
You clearly are in the dark on the patents value and use by ATVI.
If they were worthless do you think Susman would continue pouring money into a losing case?
This one of the best patent litigation law firms in the world. They are not wasting their time and money for the fun of it.
The Markman was based on claim construction of infringement that was and is ongoing confirmed by Susman's technical experts. They wouldn't go before a Federal court without strong proof which will be shown at trial. I wouldn't be surprised to see the case amended to add The newest ATVI games soon.
I would wager on that!
Shorts will be squeezed painfully soon enough
The case with Hudson will proceed
They were just denied their motion for injunctive relief I.e. Immediate transfer of shares to them on their theory that Worlds owed them based on the Kidrin warrants, the court did not agree that the case was a sure thing for Hudson so a trial will be held.
The ruling can be found on the N Y Supreme Court docket
The NY judge denied Hudson Bay's motion for injunctive relief against Worlds yesterday
Their first slap down
MariMed receives consulting fees from its clients to apply for licenses and if they win them they lease them real estate and cultivation equipment as well as staffing the facilities all at flat rates. MarIMed is not in the dispensary or cultivation biz they are solely advisors with applicants in over 9 states.
WDDD owns 18% of WORX - MariMed is a wholly owned subsidiary, WORX SP appreciation lifts WDDD SP.
MariMed Advisors, DispensaryPermits.com Help Secure Nevada Medical Marijuana Provisional Permits
http://www2.marketwire.com/mw/release_html_b1?release_id=1156114
MariMed Advisors, DispensaryPermits.com Help Secure Nevada Medical Marijuana Provisional Permits
http://www2.marketwire.com/mw/release_html_b1?release_id=1156114
His name is John Herrel, a duplicitous manipulator.
Agree,but when options are limited,funding is needed and one of the top IP funding sources agrees to a $2.4 mil convertible debt funding with floors up to and beyond the original scheduled Markman that's a great deal with credibility.
In light of the run-up and lift that VRNG had with Hudson on their Markman, this was a deal that everyone applauded at the time, if you review this blog and share price rise.
You seem to believe that Goldman was an option. For a small cap like WDDD they would never consider a financing. Hudson Bay was the power behind Vringo and other IP deals so why would Kidrin not enter a deal with one of the top IP funding sources?
Hindsight is always 20/20 especially when you're not the one running a patent litigation and public company
that needed expert bankers in the field.
Kidrin's Affidavit says it all
https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=KjvrJFYJdSR_PLUS_ls4M86QffQ==
In fact Hudson Bay settled with the SEC on that very issue, Shorting a company that they were funding
If you took the time to understand what Hudson Bay is attempting to do you would realize that it is not in the best interest of WDDD shareholders. Kidrin is attempting to protect shareholders not dilute them as Hudson Bay is attempting,which is a shakedown.
Kidrin did not vote on his options and the related paperwork, this is an auditors, board and corporate council matter as stated in the 8K and will save WDDD shareholders dilution.
Your comment about "continuously see the word "erroneously" consistently" and " if incompetence turns into the general sentiment" is baseless. Read the public filings and you'll find that Kidrin has keep WDDD afloat out of his own pocket for years, secured Susman Godfrey on a contingency basis, cut his options in 1/2 and taken a pay cut for the company's i.e. shareholders sake.
You are right as an outsider you can't do much, thank god. If you don't like the way things are being handled then sell your shares and move on.
I for one have full confidence in WDDD and the ultimate outcome of the company's future.
The no fishing sign your analogy refers to was clearly posted I.e. The provisional filing date on the USPTO's official web site for years prior to the litigation against ATVI
No searching required for the reference it's been there plain and clear for anyone looking into Worlds patents where they officially reside, the USPTO
Read the Judges MSJ ruling, she has weighed in. The case proceeds with the priority dates of the provisional patent but damages are limited to the date of the certificates of correction being issued. That is appealable but going forward with this case as it stands that's the ruling.
ATVI was not in the drivers seat, they would have to deal with the same issues as before and might have had the case filed in another jurisdiction, one of the reasons they dismissed the case against Worlds in CA was not to have the case moved there and combined with their suit which they knew they would loose.
Judge Casper is not ruling on whether there will be a trial or not, there WILL be a trial, both parties referenced that fact at the Markman hearing. The issue is the Markman claim construction Order which is about the language of the claims to be used at the trial.
The 045 and 690 patents do not make reference to this application on their face. Priority is claimed however, on page 197 of the file history of the 045 patent and page 471 of the file history of the 690 patent.
This matter has already been decided by the court in the MSJ ruling.
It will be appealed under the application of equitable powers.
The certificates of correction and the courts MSJ ruling allow priority to the provisional application of Nov. 1995 and covers the prior art back to one year prior to the provisional i.e. Nov.1994 for this case and all additional cases going forward.
The 045 and 690 patents do not make reference to this application on their face. Priority is claimed however, on page 197 of the file history of the 045 patent and page 471 of the file history of the 690 patent.
The Application Data sheet did not exist at the time the new rules were promulgated and was a result of combining the technical specification sheet with the data sheet of which Worlds did reference the provisional patent application date.
That will be one of the basis for appeal on this ruling at some future date.
SA can't even get basic law and facts right. There could not have been a Markman hearing if the patents were invalid. That's IP litigation 101
If you bought before the Markman because you believed in the upside than waiting for the Markman order and trial date does not represent dead money unless you're only in it for a quick flip.
Ryan Caughey and Chandler Langham, both exactingly familiar with the precise claims terms, specifications, preferred embodiment and prosecution history with the patent office.
Max Tribble is a star litigator that does his work at trial not at Markman
There will not be any video available, the hearing was not taped and any report that said so was ill informed and had not checked with the court in advance.
The court would have to invalidate all 55 claims to not allow the case to proceed to trial, I was in the courtroom all Friday and can say I don't believe the court is so inclined based on the Judge's questions and body language. Smaller companies prevail in litigation every day it's just the recent largely followed cases of Vringo, Parkervision, VHC, Sperex that have large day trader followings and subject to manipulation that have cast a jaundiced eye on IP stocks. However if you look at Marathon (up 125%) this year as well as Straight Path and Vantage Point there are IP success' that have reaped rewards for investors.
The priority dating issue was a USPTO error and is subject to appeal and their are good grounds to believe that will be overturned. Nothing is a slam dunk but WDDD has the early priority date of the invention and clearly showed the Judge in the Markman introduction video that Worlds pioneered the technology as reported in all major media outlets at the time.
AS Activision's lawyer sated in Federal Court, ""there are Billions of dollars potentially at stake here , your honor"
I don't see the court dismissing the case based on the Markman hearing,in fact there never was a motion to dismiss filed.
Activision's lawyers told the court repeatedly that the infrigement matters of the claims will be the subject of the trial.
Seaport, down from Financial center
I came in from the Pike East got off at South Station and parked at the Intercontinental on Atlantic
To further validate my attending the hearing the order of presentation was begun by Worlds and each claim was repied to by Activision
The order of the claims construction presented was:
- Position of less than all of the other users avatars
- Determining from the received positions, a set of other users avatars that are to be displayed
- programmed to limit the number of remote user avatars shown on the graphical display
- client Process , server process
- condition and participant condition
- avatar
- third user perspective
-switch between a rendering in which all of a perspective view of the local user is displayed and a rendering in which
less than all of the perspective view is displayed
- synchronously disseminating