Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Settled for $90-110 million and we might never know. The favorable thing is now we have time to get legal intervention before the big boy comes in for trial (Comcast) unless there was a "global settlement" of some sort which would be very bad.
That was the first thing I thought. Was hoping this would run out to a verdict. This was what I was afraid of.
Seems to be the route you would take when your losing an argument or have no substantial points to make.
It seems they don't have a great view of the jury so might be hard for them to make any assessment in that regard.
Will Akl testimony flow into tomorrow?
Is Nettles' testimony seeming pretty solid and full-proof? All biased aside LOL!
Nice to know. Thank you for your observations and notes as well LT appreciated.
Understood. This is the meat of the trial here. Hopefully those jurors are paying attention.
How are things going today? Anything of note?
Regardless you made healthy profit it sounds like, well done and GL to you on your future investments. Hope to see you back around here soon.
Agreed 100% - read my prior post about my opinion. They got a little carried away with the share printing recently with little to no news to validate the lofty share printing they did for themselves. I'm definitely not selling, as a matter of fact I'm thinking about picking some up at these prices or maybe see if it dips a bit more, but if they continue with this I won't be around much longer. That better be it on handing out shares for awhile and there better be some communication happening in the near future otherwise this will plummet.
Reading through the Q I am a little concerned, however understanding and also observant of the potential here.
It is understandable to make sure that you are compensated substantially as the leaders of the company and those who brought the value to this ticker. However it seems like they are over-doing it a bit with the shares being handed out like candy and more specifically the very large amount of shares being handed through conversions. I look for them to reverse course on this as it has gotten a little out of hand by adding about 60% of the original OS just over the last year.
I am still very observant and understanding of the potential here based on reference to other bio-techs that have gotten to billions of $ in market cap with similar circumstances as here currently. With that being said there is well a ways to go for price action based on a ~500 million SS. Let's see what they are going to do here as they have been worriedly quiet recently and now late on the Q to show us the influx of shares. I think we will find out very shortly if they are about business here to grow a company or just looking to cash in on shares they have awarded themselves and what looks to be like friends and family based on their credentials.
My take is they will start pumping news when it comes as they are still working hard to move things along as their reputations in the industry are on the line here. If they turn out to be share printers they will lose all credibility going forward.
Looking forward to more reporting from our team today.
Yikes, I had my doubts that the jury would be interested. Hopefully this doesn't hinder our chances at a favorable verdict.
Yeah I would hope he has an internal come to Jesus moment as well, but seeing the actions that have been taken I highly doubt it will come. Second of all we should always plan for the worst and only hope for the best. Words are just that - words. Especially when he is facing shareholders attending the trial and would definitely avoid any confrontation. I could never see him saying - "Yeah about that, you guys are last in line and are likely to come out of this without a dime even if the trial leads to substantial damages."
Clearly he thinks he is not obligated to protect his shareholder's interests.
That post was not addressed directly at you BTW so I hope it was not taken as so - just seems like a lot of people are being comforted by the very brief conversation he had with little to no content in it and putting some weight on the words of a man who seemingly deserves zero trust.
I don't understand why anyone would read into his brief conversation with ZW as if it means anything positive for us. What was the guy supposed to say to a disgruntled shareholder that he knows will come back to this board to post the content of their conversation. Clearly he is going to be cordial to avoid any confrontation or hope that no legal action is taken.
As stated many times before, his actions have spoken for his intentions - doesn't matter what he says at a dinner or in the courtroom itself, his cards are laid out on the table so why is anyone willing to buy into his words at this point?
We need to get some value from this trial and then go from there. We are on our own as shareholders here, Billy is not looking out for us and neither is Deidre.
It's pretty unreal that this has been a problem for these guys running into 2021 now. Seems at this point that they are just incompetent regardless who they bring in to help with accounting here. This company has really turned into a piece of garbage with a great product. Pretty sure there are kids they could hire right out of college that could figure this out yet they continue bringing in incompetent fools with higher than average salaries and giving away shares.
That's unfortunate, would be nice to get a read on their attitudes. Regardless we will soon find out their stance.
Interesting details. Always very well detailed thank you ZW. Seems pretty noteworthy that Cox stepped up to the plate and brought someone in that seems competent in this case. We will see as complexities start to really be discussed. I noticed you commented you could not quite see the jury so I’m assuming you could not make an observation whether the jury was disinterested or not correct?
Just keep lowering that bid bud sooner or later someone will bite huh? Wondering if this is another case of someone having to pay off their margin calls lol. Scary times to be playing with leveraged margin.
Whenever that will be...
Getting a bit frustrating we are seeing sub .10 again. Almost no volume daily yet it still finds a way to drop 10-15% a day. We have already cut our highs in half. Not selling now as this is ridiculous but it’s getting pretty lame.
This thing will continue getting pummeled until something happens, zero bid support with MMs still looking to cover from months ago. Unreal how the support just disappeared.
There will potentially be other options on the table if there is money on the table after this first trial especially if we can draw up a simple chart showing potential windfall across the board to other firms. We will see what happens here starting tomorrow and then go from there as the next trial might not be scheduled until months out giving us more time.
It's getting pretty frustrating to watch this thing get crumbled day after day with no real updates since the N&S change. I thought for sure there would be some things released once the N&S was made official. Hopefully we get some updates soon as this is becoming pretty bothersome.
I'll bite.
What background do you have with juries on highly complex art patent trials in the US?
Clearly it is the job of the lawyers to demonstrate to the jury the validity of the patents and the MSOs infringement upon said patents.
BA has put in a valiant effort with her time and work. I have already told her if we come out of this thing favorably then I will have to find out what kind of gift she has always wanted. I think when this is all said and done if we do perhaps walk away with a substantial amount of money it will most definitely be attributed to the small team that was assembled months ago and put this thing together. They all deserve thanks.
We will see, and if it plays out accordingly, I think we exposed the chink in Carter's masterful plan here.
Good luck to us all. And very much indeed thankful to those who played a huge part in our hopeful outcome here.
Looking forward to it.
Pretty clear what the intentions are with the actions taken since Howe passed. Yet we are playing with the idea of trying to negotiate with the thief.
We know what we have to do here. We must act fast if indeed what we have all been projecting comes to fruition - a win at trial. We will have some time but we must act fast. That is, unless of course a settlement is announced before 5/20.
Your probably right because there is so much uncertainty here, however I don’t see us walking away with much less than .05 in any scenario unless of course we lose at trial.
Pretty disappointing everything has been really quiet around here the last couple weeks, however it is promising to see very little selling and the light volume at this price level.
Make sure to keep assuring us that your still a shareholder LOL!
Except that you bought shares in a company that was indeed a duck and got lucky that serious players chose the ticker you happened to be holding bags on to bring his portfolio and team to create something real. LOL!
I was thinking the same thing. How pointless was that post lol.
Well this could get really ugly with the way the market is moving right now and there has been terrible weakness here on the bid for weeks now. Hold your beers fellas.
That’s what I’ve been saying. Yes we need to pay attention to trial, however we cannot change any outcome there. We can however be proactive and avoid a terrible outcome in the event of money getting to his pockets before we have a chance to put up a fight.
No one should be concerned anyhow. The fundamentals are what they are. If anyone is believing .50-$1 like they have all been chirping then someone holding 20 million shares doesn’t change much. There will be huge swings up on light volume like there has been and that same shareholder has held from .01 to .20 so clearly it’s diamond hands.
Why is it assumed that the conversion of those series C will be dumped?
Maybe this means we should all sell?
We have agreed with this sentiment for awhile but it's like there was division on the board to wait for the trial to happen and get a verdict to determine where to go from there. If we tee it up now we will have a plan in place or at least some direction that can take place quickly after it's been determined whether there is value or not.
Not sure how this would be done for convenience in any manner besides ill-intent towards shareholders, but admittedly I have very little knowledge in this department and naturally think the worst. Seems like more shenanigans to fool shareholders that are looking for answers. Regardless of what anyone says, Carter really had this thing figured out when Howe was out of the picture. A conversation solves nothing in my opinion, the writing is on the wall.
Hopefully going to have a productive conversation today in regards to UOIP, doubtful that it will be productive after long discussion with BA and her luck thus far. All we can do is continue trying our best.