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Actually I should be saying they cannot get injunctive relief without being a PE which WDDD has stated they would.
Valid point cooler but when they amended their complaint 9/21/12 to include willful Im sure S&G were confident in making that decision.
Maybe CB can help with a better answer?
Add to the fact that WDDD cannot claim willful infringement if they were a NPE.
Throw in the fact that WDDD is a PE and the willful claim, BIG settlement before trial imo. Then the rest will fall like domino's!
Any green day is a good day!
Another plus that a new investor would probably not know
is EDVA will be attending the Markman hearing and giving live updates on his blog. EDVA did a great job during the Vringo trial keeping everyone informed of the blow by blow.
Very nice 2 day run WDDD!
Now with some EDVA damage numbers and a couple SA articles this week we head toward .60 and beyond. Core 30 ready to rock on!
Vringo Free Forums borad:
http://vringo.freeforums.net/index.cgi?board=general
By: postyle
Date: Wednesday, December 12, 2012 8:25:55 PM
Post # 22798 of 33456
Patent re-examination requests imitated by defendants are common during patent infringement litigation.
Here are the basics that many (most) investors need to understand with patent re-exams:
1) They take forever. Not literally, of course. But the USPTO re-exam process most often takes several years. Often the actual legal dispute is resolved long before the re-exam process is anywhere close to being completed.
2) News involving the many, many steps and document filings associated with a re-exam process is extremely easy to distort. Often when a patent re-exam is filed the examiner will initially REJECT any and all claims. The patent office automatically issues a rejection letter but it is non-final. This is standard. The patent office is basically starting over from scratch. It's non-final...
...This is where the distortion angle comes into play. A patent may receive a standard, non-final rejection and FUD will be all over the news outlets with headlines that say "Company XYZ's Patent Rejected!" and the stock will move down 5%, 10%, 15%, or more. Ive seen it happen many times. It can be unnerving and painful to witness, but that's how this game is played.
3) Most investors should ignore all non-final patent re-exam updates. Requesting a patent re-exam is like starting the patent application process all over again, so the patent is automatically rejected until the entire examination if completed and the patent is either "re-approved" or rejected. The process is long so there will be many updates along the way as each party involved takes the necessary action (responses, expert opinions, etc.).
4) Courts have historically enjoyed more power than the patent office. There are some outstanding cases relevant to this issue, such as Baxter that have really confused the situation. The CAFC decision re: Baxter overturns some previous federal decisions. Bottom line is that it's a mess and until it is all sorted out, it's mainly just noise for most investors.
5) Even if a patent, or patents, is/are found invalid (years after the re-exam process begins), the inventor can still appeal. Until that appeal is final, which could be years later, the Court is unlikely to use the invalidity decision against the inventor in any ongoing dispute. Again, Baxter may change things but we don't know that and will have to wait and see.
6) any investor "worried" about a patent re-exam being started, updated, or reported on needs to re-read the above... it's noise... most should ignore it
Read more: http://vringo.freeforums.net/index.cgi?board=general&action=display&thread=1714&page=3#ixzz2SGqKozXa
A post from Hogmark a known VRNG employee on VFF:
This pertains to claims Ex Parte Reexamination that was ONLY granted for claims 10, 14, 15, 25, 27, and 28. Claims 1-9, 11-13, 16-24, 26, and 29-36 are not subject to reexamination. The basis of the rejection is because the context of the word "wire" and "wire system" was not clear enough in those claims in question. This type of thing happens all the time and it does not mean anything other than Vringo will appeal it and narrow the claim (that is what you do) - however they probably do not need to even narrow the language in order to win against Google's inevitable appeal. This is what patent litigation is all about.
This is all part of the game.
that's it
FWIW Postyle also say's non-event. Totally normal patent litigation.
This stock has worked well as my hedge against Vringo.
That stock could drive the most sane man crazy! LOL
Great day longs! Have a great weekend!
Totally agree Spanky
With a great result at the Markman hearing Activision will never let this go to trial with the threat of willful and injunction hanging over their head. I know Cooler will be here to shoot me down with the "It is very difficult to prove willful" argument, but just the threat of the two has to bring them to the settlement table sooner or later.
The first 20 investors here on IHUB
If you are a new investor in WDDD you like myself and others will have to be referred to as the "Outer Core" and anyone after the Markman will just be "Crust" I guess. Too late to be in the Core club. LOL
Well said! I am beginning too wonder I must admit.
I loaded more at .40! Couldn't get them yesterday but no problem today. I will put in another limit order at .38. Never know.
I would also like to hear from the mods. on this board why CB's posts were deleted!??? That was some great DD that probably took hours to reseach and poof, it's gone!
I could not agree with you more DataStream!
You are another poster who definitly has their finger on the pulse of Worlds current and future litigation.
Great stuff CB!
Once again you are all over this providing quality DD!
Thanks!
Love those projections!
But with a postitive MH I don't think World's see's 2014. Too much potiential here for someone after that not to buy them out.
jmho
"Who is Max "Treble"?"
Come on Cooler! You don't know who Max "Treble" damages is? I give you too much credit . Hey I understand your point, I have learned just a little bit from the VRNG experience and know how to play this time around. I do love the potential here though!
I would be willing to bet that S & G along with Max Treble after 20 months of studying the prior art and talking with expert witnesses would agree with art. My money is on them!
The litigation of the NOK portfolio looks to mostly be overseas. This ruling is in the US so should not effect Vringo, no?
Here is a list of future litigation provided by Patent player on SA:
I have looked into WDDD, MGT, DSS, MARA and a half dozen other potential patent play stocks and from what I can see Worlds has more opportunity than all the others added together.
The amounts of damages Worlds will initially go after with this current suit against WOW and COD will be measured in the hundreds of millions.
Beyond this suit ATVI has many other MMO games that will also infringe on Worlds patents so the final settlement from Activision will be much more than this original suit.
Sure they are not guaranteed a win @ Markman, but while reading both sides claim constructions its clear Worlds has a very strong case and Activision will be lucky to avoid going to trial or being forced into a massive settlement esp since willfulness is an absolute possibility along with the huge damages that can come once that is proven.
Post Markman when the true value of Worlds starts coming into picture I can see the stock easily passing $3.00 and possibly as high as $4.00. Sure a failure at Markman will result in a less than .20 stock price, but as you can see the rewards are much higher than the risk at .50 it is a steal.
Another secret no one is talking about is the fact that Activision even though can be a multi hundred million dollar win for Worlds is just the tip of the iceberg.
The following companies will also be filed on and most will reach out for quick and easy settlements.
Microsoft
Sony
Electronic Arts
Facebook
Zynga
Take Two
Nintendo
Square Enix
Ubisoft
Sega
THQ
Namco Bandai
Konami
And of course Google
You can add Disney to the list also
A lot of truths in what you say but if your comparing Vringo to Worlds just look at Vringo 18 months ago under 1$ and has many times been above 4$ in the recent past. Worlds is now where Vringo was 18 months ago. I will take that gain or anything close to it any day! Worlds is also claiming willful which Vrng did not. The time to INVEST in Worlds is now under .50 for the POTENTIAL big long term gains.
Great post Larimar!
Please chime in more often. We can always use opinions from someone who works in the legal field.
Agreed Spanky. The 2 for 1 sale will end soon!
There is a lot of technical detail in this report that most are reading like deer in the headlights. That had to take many hours of research to put together. Others here including myself did not expect a sp increase from this report especially after the run up to .50 range this week.
EDVA blog out!!
EST, EDVA lives in Virginia. eom
I also picked up 5k more!
I agree that the EDVA article on proir art will not have much effect on sp. I think a lot of people put their money on S&G for confirmation on that. Now the damages report! That may move the needle depending the the dollar amounts.
Spanky, EDVA never asked for donations, that was MikeHD that was asking for them.
I agree Spanky! With so many claims and willful to boot I don't believe this makes it to trial. Settlement on the courthouse steps if it even gets that far imo.
You obviously have not followed EDVA's blog.
Picked up 5000 more on sale today! Love a sale!
And this from Mark 12 on SA:
Let's see they have a work-around? Right.
Timing of implementation of somehing this big could be a year or longer. Do you guys fully undertand how long it takes to change a platform? Having done this a polled them out here is a layman's overview
Development (years)
Beta test
Try to break it.
Beta test again.
Roll into very small controled markets.
Issues, we have issues.
Beta test again
Turn the underground onto it (hackers for the novices)
Beta test again.
Tick tock wow, its 2016. It doesn't matter.
There is no work-around.
Its simply a bluff
Bone chilling story Keith! Thanks for sharing and God bless Boston!
Gary
I will certainly look forward to it CB! Excellent job! Love the history lesson.
Anyone else find it odd on a no news day (outside of the great DD that CB shared) that we already are close to triple the avg. daily volume and up 8% or so??? Something else up???
Looks like we had a flash crash there! wtf