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I laughed so hard when I read this...thanks
For those who don't know:
"All your base are belong to us" is a broken English phrase found in the opening cutscene of the 1991 video game Zero Wing which became a popular Internet meme. The quote is included in the European version of the game, which features poorly translated English from the original Japanese version.
I think about 10 years ago, t-shirts, etc were worn with this on it in tribute.
ATVI was given the opportunity to license WDDD's patents; treble
damages are on the line. Keep that in mind and it is clear that harm is being done to Inventors when bullies can 'choose' which patents they will recognize. So, I can't agree with your take.
Strategy is up to the those footing the legal bill at WDDD which is Susman so keep an eye on what happens.
Is it time for WDDD to get an injunction on ATVI's infringement?
http://www.law360.com/ip/articles/704240?nl_pk=49218ae3-9865-4fb7-8ad6-8cf8c29eb48f&utm_source=newsletter&utm_medium=email&utm_campaign=ip
Rolvram,
every investor has to make that call to stay or go at sometime. I appreciate your take but cannot agree so where you have decided to go, I have decided to add more.
Here are some of my reasons to stay:
1) I have been investing in legal cases for over 10 years and I don't see anything here that concerns me regarding all the tactics being used to block WDDD. It's how it goes in this world.
2) To quote Buffet, 'buy when there is blood in the streets'. We are there right now. When 'alias' on bulletin boards start screaming to sell with too many posts compared to the normal user on a sub $1 stock, it's usually accumulation which means somebody sees something on the horizon that most haven't so they shake the trees and eat the weak hands.
3) I think people unfamiliar with the Court process need to stay away from Patent Plays or do the homework to see this thing begins 'for real' in Feb. You need courage and a strong stomach for the volatility but good Due Diligence really pays off. This is a long game and more patient people will try to steal shares out of your impatience.
4) Susman stands behind and is paying for the litigation here. They wouldn't if they felt there wasn't a very strong case and every time WDDD has been tested, it has passed. Alice won't derail anything here.
5) Trying to time the Market is a tough game and changes your taxable gains. Buying more now not only gets me shares at a very decent price, if I end up holding these new shares for more than a year, I get to keep more instead of handing it over to the taxman when I sell. Anyone not knowing this should look into this as I expect a minimum 6 figure payout on every 100,000 shares I own which can be bought for about $7,000 today. If you trade options this is better than LEAPs. What's a LEAP? Go to: http://www.fool.com/investing/general/2009/02/26/intelligently-investing-in-leaps.aspx
6) Kidrin is a shareholder, he benefits from reworking the debt to more favorable terms and I am certain he will.
7)WORX has some things cooking which WDDD owns 18% of... nice hedge for a Patent Play.
Rolvram, I look forward to comparing my vision with yours in a year's time. I am setting a reminder to do a review of the stock price on Sept 17, 2016 and to look back at today (and our posts).
All the best.
- Looking4BigCash
What happens when Kidrin convinces those who lent WDDD money to
renegotiate the terms of the debenture for the good of the stock price and thus, the long term value of the shares for themselves?
After all, we all know pigs get fat and hogs get slaughtered. This would be a bullish sign and would bring in more investors.
I see them coming to better terms to protect their investment in WDDD.
So, let the fear mongers bash... there can only be one of two reasons someone would bash a stock with a share price below a dollar let alone $.10:
1) to accumulate more shares from weak hands (most retail doesn't have the stomach to see RED in their portfolio)
or
2) they are paid to bash (you pick the reason, VRNG claims ZTE is shorting their stock).
Thanks Rolvram.
Thanks Tradetrak, now let's get paid for all this patience!
RockyW, the more the better... let this one grow. :)
RockyW, I think most can state it is now obvious that any requests
to rehash are not in the spirit of justice but only to delay justice. ATVI is almost completely out of ammo which is dangerous for them as it puts their backs to the wall with little room for negotiation. WDDDs, through Susman, is gaining more and more leverage as time passes but that is why it is so important to let these play out properly and not rush; get all the possible appeals out of the way and the final ruling is much stronger.
My favorite part is the Triple Damages I expect will be awarded as ATVI was given the chance to license but instead willfully infringed.
The Trial Begins
With every step forward in the legal process, the value of WDDDs goes up. Selling by those who don't understand the value of their investment is always a downward pressure that cannot be avoided... short term. Use these moments to get discounted shares; I have.
Taking advantage of mispriced assets is exactly how one becomes more wealthy. Selling at a discount has the opposite effect.
Emotion causes rational people to take irrational actions. This is fact. Selling at these prices is irrational anyone taking 1 hour out of their life to do some due diligence can see that. There are now enough articles and rulings that I don't need to keep reposting the merits.
We have had a long few months watching a disgruntled investor dump shares with only the purpose to scare off any would be suitors (for financing) but that will fade away soon if it hasn't already. More importantly, we have overcome many obstacles in the past few years to the beginning of our incoming payments from infringers (yes, there are many more after ATVI settles) and our CEO Kidrin has learned the greed of the Markets as taught to us by Hudson and any future financing will incorporate these lessons as he moves to get WDDDs on a more senior exchange.
These are good times to be getting involved with WDDDs or as I have, to be adding to positions. The ATVI stalling tactics have worn out their abilities as 'Justice delayed becomes Justice Denied' and the very veil of 'proposed innocence' that once helped ATVI becomes transparent and their willful infringement, all the more obvious.
VRNG Stock Price
If you have been following this stock for at least a couple of months, the following points should resonate with you:
1) VRNG has money in the bank & a HUGE Patent Portfolio
2) ZTE has fines payable for not respecting Court Orders (globally)
3) Current share price has already been discounted heavily (way beyond any potential denial against Google SCOTUS)
4) VRNG has made it clear it won't be bought as a cheap exit plan by any infringer (check out their SEC filings)
5) Patents are important to protect those moving IP forward through creation of new tech, if they weren't why does every large tech company file as many as they can every year.
6) The Apples, Googles, Samsungs, & Mircosofts of the World play a dangerous game denying legit patents as it devalues their own patent portfolios.
7) As Nokia is to Tech, VRNG is to Patent Infringement. They are experts. Proof of their skills is proven Worldwide and all you need to look at is the ZTE case (IE: Romania upholds for the 9th Time a Preliminary Injunction). Nokia patents were infringed and Nokia was upset so they came to terms with a specialty company that allowed them to focus on what they did best while protecting their work from infringers.
So... why is the share price so low? Because ZTE (in their own words) are using War to make Peace. In standard War practice going back thousands of years it is common to cut off enemy supply lines and cause unrest amongst the troops. Shorting a stock would achieve both of these.
But... like any War tactic, their usefulness withers with time and War Crimes aren't tolerated like they once were.
Soon SDNY Judge Kaplan will make ZTE pay for the crimes they committed (which can be easily searched by anyone interested so no need to recap here) which is good news but what does it mean?
If ZTE is behind the shorting (which makes sense, as who else would short a company in such a strong position), when do they stop? Why keep burning money which will quickly turn once the artificial price suppression stops making unlimited loses possible? Then, when do they cover?
This makes me very excited as VRNG has threatened a Reverse Split which would dramatically decrease the number of shares available while allowing Institutional Investors the opportunity to purchase who otherwise couldn't due to the current low share price (I believe ZTE encouraged shorting VRNG to take advantage of these limits to lock out institutional investors to prevent funding of the VRNG Warchest).
Many Shorts will tell you a reverse split is bad... untrue. I'll explain why: If I have an apple, it's one piece but to share I would need to cut into pieces. Add the pieces together and it still equals one whole apple. If I have more pieces than people to share with, supply outstrips demand causing downward pressure on present value BUT now do the reverse. With more people able to demand a piece by removing artificial barriers (share price being below institutional minimums), present value goes up.
So what can we expect?
1) an end(or dramatic decrease) in VRNG Shorting soon (Kaplan reviewing proposed sanctions against ZTE as I write), SCOTUS determination expected by Mid-Oct... but could come any day
2) Hot money coming into the stock for those looking to take advantage of a run-up on news and pressing Short positions.
3) Short covering to mitigate against these surges on top of the end of Shorting
4) Media coverage as larger investors start seeing entry points that their charters allow.
I am hoping VRNG announces a reverse split in the next couple of weeks as the inflow of Institutional money alone on speculation will drive this stock up like a rocket. There is just too much good news for VRNG and removing the artificial barrier of a low share price will crush the Shorts as they scramble to cover with many waiting too long for direction from their 'sponsors'.
Keep an eye on VRNG, the moment we've been waiting for is now just moments away.
The End is Near
Kudos to ATVI for stalling this lawsuit at least 2.5- 3 years longer than most expected. Their attorneys did exactly what they were paid to do: Stall... but now that game is all played-out.
Now we go to trial. Not having to pay WDDDs for that time allowed ATVI use of those funds to keep building their company. It also gave WDDDs a stronger case. All those tactics kept proving WDDDs' patents were in fact infringed. This will cost ATVI and all other infringers more so... good thing they made good use of the funds they have been holding for WDDD.
WDDD share price is about to go up... just watch how FEAR is being pushed by those who want you to believe they are shorting when in fact they are accumulating shares sold by weak hands.
I wonder if manipulation was done to create this... it would scare technical traders who don't understand Patent Plays.
ATVI-Blizzard
Reap what you sow: https://games.yahoo.com/news/pair-chinese-developers-may-end-180033434.html
Sharks are swimming... blood is in the water! Bashers love to scare retail investors out of their money.
Sell if you can't handle strangers telling you things in your ear. Why buy WDDD? That's up to the one buying, selling, or staying out to determine. Free Advice is usually worth less than you paid for it.
I sold ZERO shares on the Markman Ruling. I have amassed a good number. Why? I believe anyone who sold risked being out when the 'real' news that will drive the stock UP comes out.
The fuse has been lit.... Enjoy on the sidelines or get in the game but do it because you understand why or like to put a small wager as you would on a sporting event BUT don't buy or sell on the hype... that's Investing 101 (trading is another game that won't work here until liquidity comes back
WhiteOwl,
You know things are about to get exciting for Longs when the Bashers show up.
We are in Trading Day 2PMR (Post-Markman Ruling). It's early days in this new era and the future is very, very bright.
There are so many opportunities for Susman & WDDDs to pursue now that anyone selling really doesn't get what's happened here and what's about to happen.
How many people sold MSFT, AMZN, GOOG too soon?
Start the next level of your FL house hunt... I like Zillow for that. Marco Island is one of my fav's.
It's Summer... people are on vacation, etc.
Don't sweat it. There are many good things coming here.
It's day ONE. The liquidity isn't there yet. If you're selling because you held for so long that you are afraid... remember, this is a Patent Play and we have jut been given the GREEN LIGHT. We will have more and more 'NEW' investors who waited for Markman before jumping in and then there will be even more at each new stage as we move towards Settlement (which may or may not include Trial).
Congrats to the early investors but now is the beginning of our Golden Era not the end.
It didn't take one day to get here and today's action is just one day on the road upwards.
As with everything, there are early adapters who see the future... then others join in as they build comfort and take positions.
If Hudson keeps selling... that would be strange but I'll take their cheap shares all day long!
Happy Birthday to White Owl. You now share a Birthday with WDDD's 'Markman Win'.... Congrats to you and the 1 week early Preemie! ;)
News was fantastic! Wish I had bought more... I know it seemed prudent to some but I believe those who convinced themselves that a 40-50% gain was good will regret selling here.
Hudson's reasons for selling are now gone. Worlds is going to Trial!
If they want to keep giving, I will keep taking.
I agree. If Hudson wants to keep giving away WDDD, I'm in :)
Susman Godfrey Client DataQuill Ltd Wins $31.5 Million Verdict in Technology IP Case
HOUSTON and SEATTLE (June 20, 2015) - A federal jury in Eastern Texas has sided with Susman Godfrey client DataQuill Ltd in a patent infringement suit alleging that the US subsidiary of Chinese company ZTE Corp. infringed upon two of DataQuill’s patents covering smartphone technology.
After deliberating less than 45 minutes, the jury found that ZTE had infringed U.S. Patent Nos. 6,058,304 and 7,139,591, held that the patents were not invalid, and awarded DataQuill $31.5 million in damages for ZTE’s past infringement.
This was DataQuill’s first time to assert its patents at trial. “We are gratified that we were able to assist DataQuill in enforcing these patents, which have been widely licensed and adopted throughout the smartphone industry,” said DataQuill’s lead lawyer and Susman Godfrey partner Parker Folse.
Susman Godfrey attorneys Joseph Grinstein and Brian Hogue worked alongside Folse on this matter. Co-counsel includes Heim, Payne & Chorush, LLP, the Ward and Smith Law Firm, and Capshaw DeRieux LLP.
Buying WDDD with both arms now :)
Worlds Inc. vs. Activision Blizzard Patent Infringement Markman Hearing Completed; Awaiting Ruling, Trial Date
BOSTON, MA--(Marketwired - Oct 6, 2014) - The Markman hearing for the patent infringement suit by Worlds Inc. (OTCQB: WDDD) against Activision Blizzard, Inc., Blizzard Entertainment, Inc. and Activision Publishing, Inc. (Activision Blizzard et al) (ATVI), was held October 3, 2014 to address various aspects of the infringement suit claims and how the words in the 11 disputed "constructions" in the claims should be construed for jury consideration. The additional purpose is for the court to determine the meaning and intent of the language used in the claims.
As is typical in Markman Hearings, no ruling was issued from the bench by Judge Denise Casper of the United District Court for the District of Massachusetts. The court gave no indication of when it would issue the ruling.
"The Markman Hearing's purpose was solely to focus on the meaning of the words in the claims and not import new meanings or point to infringement," stated Thom Kidrin, CEO of Worlds Inc. "We are pleased with our legal counsel Susman Godfrey's claims construction arguments. The Markman hearing will result in a determination of the meaning of the disputed claim terms, which are the terms that will make the difference in the lawsuit. The definition of terms is critical, as it takes only one claim to be infringed for a finding of infringement."
Kidrin concluded, "With this important step in the litigation process against Activision completed, we look forward to the court's ruling and scheduling the trial date."
More information on the lawsuit and Worlds' patents can be found on the Worlds Inc. website at http://www.worlds.com.
Oct 3, 2014 Markman Conception
Nov 3
Dec 3
Jan 3, 2015 (End of First Trimester)
Feb 3
Mar 3
Apr 3,2015, (End of Second Trimester)
May 3
Jun 3
Jul 3, 2015 Baby 'Markman Ruling' is born (rumor is Casper likes Fridays)
(C-section scheduled June 24, 2015 T minus 9 days)
Don't worry... it's about to get real:
Justice delayed is Justice denied...
https://en.wikipedia.org/wiki/Justice_delayed_is_justice_denied
Tomorrow marks our Markman Anniversary!
Thanks to Hudson... many have had the opportunity to get in cheap.
Congrats. My average is substantially higher than anyone getting in now but that's okay... I still see good reason to get involved (more) here. I actually bought some more today.
So many months 'in' means.... we are just that much closer to a ruling than ever.
How will Hudson feel once sediment changes and instead of forcing the stock down.. they watch it run away from them? It's easy to rule an illiquid stock... it's hard once the dam breaks!
Good times ahead for longs... be patient, they are coming!
Wow.... what a comical read!
My bet is this was sponsored by Hudson. This was part of their plan to buy back the shares they sold in the teens. It feels half-baked.
If ATVI did this, it was incredibly stupid as it could come back to haunt them.
It's the Long Weekend. Enjoy!
100%!
Last night I was out with friends. I was asked how WDDD was doing.
I told them nothing yet... then had to admit it's gone in the wrong direction for some time now. They laughed and asked 'haven't you been in that company for like 2+ years?' to which I replied 'yes'.
One friend suggested it was time to move on, that it's never going to happen. I thought about that the rest of the evening, quietly, to myself.
What happens if it doesn't? What does Hudson know that we don't?
What I know: Current Market cap is $15 Million (fully diluted)
MSJ validated WDDDs claims (in part) last year
Susman is doing the legal on their dime
Susman added more claims this year
Hudson was bitter when WDDDs paid them back early
Hudson is known to be predatory
Trying to crush shareholders is not new to Hudson
What I think: WDDDs stand to earn $500 Million (on the low side)
I actually think it's much more.
Once Markman ruling comes back positive, leaving
the Trial as the next stage which should move the
the stock price to 25-30% of the $500 Million
(again on the low side)
which has the new share value at least at .80/share.
Base on that... if Hudson wants to keep selling... I don't care. A possible 8-bagger within 6 months on whatever I buy now is worth it. So they make a little more than if they had to sell at less... but when the Markman comes back positive... and I use the MSJ as a guide... It will have been worth it.
Onward gentlemen, we have been tested but one of these mornings our courage will be rewarded!
Funny... Blizzard doesn't like it when people don't play fair or
follow the rules... https://games.yahoo.com/news/blizzard-drops-ban-hammer-popular-082800842.html
Time to drop the hammer (Casper's) on ATVI!
Let it happen. Hudson is searching for that point of maximum pain.
They will become a net buyer soon. If you get shaken out... well, it's your loss. The fun part is we are in OT and sooner or later the game will be forced and those who thought they could cover for less... will be left out.
For those who want the history... go to this site:
www.plainsite.org/dockets/lv8pvzj9/massachusetts-district-court/worlds-inc-v-activision-blizzard-inc-et-al/
It's the best, accurate, play by play, of what has been happening.
Authorized was increased which means they are there 'if' needed. As
Susman is taking the hit on legal costs and the Hudson mess is now settled there should be little reason to further dilute. I believe Kidrin had them authorized so he could act once the Markman was complete. His goal is to move to a more senior exchange and he is just prepping to be ready.... he's not going to repeat a 'Hudson' - as the kids are now calling it ;)
Remember, Kidrin and his longtime friends who have helped keep this alive with $$$ are shareholders too!
For Starters... every stock is at risk of dilution especially
small caps... so what's your point? Anyone that has been here for awhile knows how careful Kidrin (CEO) has been to protect shareholders... the bulk of his comp is in shares so... smart choice by him.
Personally, I have made my last purchase until Markman results are posted. Not that I don't think this is a screaming buy but because it will force Hudson to go lower and lower in their sell prices and that is the game that is being played right now.
Don't worry about the paper loses we all have on this one... the value of this stock is still unknown. That is why Hudson is selling. Once Markman comes out, then the value goes up and those paper loses will be erased.
If this goes below .06/share, I will become a buyer again but for now... let Hudson make the hard choices.
GLTALs
Good job on the fresh cash injection.
This shows everyone VRNG can still raise cash which destroys those who thought they could simply drag this out. ZTE, Google, watch out! VRNG has friends with money willing to step in and see this to the end.
Time to load the boat.
Great question. Who knows?
I do know that the Hudson selling is not merit-based and for that reason... I bought a little more.
Look at VRNG. It has been under pressure last few days... check the charts. Today, there is rumor of a UK settlement with ZTE. If that turns out to be true then there will be some covering and new excitement around patent plays.
One thing I learned a long time ago is no one knows anything until it's seen in hindsight. Then they know a little more than they did.
Still like the prospects here. So Casper is slow... I don't plan to sell much until this settles so... time to help out Hudson ;)
So... as time ticks away... here is a good (older) article I
thought I'd remind the Board of. Tell me what you think of it:
www.forbes.com/sites/johngaudiosi/2012/04/13/worlds-inc-explains-why-its-suing-activision-blizzard-over-world-of-warcraft-and-call-of-duty/
Cut and past into your Browser.
Looks like a block of just over 100,000 shares was taken out at .13
then there wasn't much else to buy until the .14-149 range.
Next Sunday marks 7 months since Markman Hearing. We must be getting close by now ;)
Hudson may keep selling starting next Monday but that doesn't mean much unless you too want to sell 'short-term'.
If they want to push it down... well, I may just buy more.
Finally... after this comes out, Casper can refocus back on WDDDs ;)
http://www.msn.com/en-us/movies/news/first-look-at-johnny-depp-as-whitey-bulger-in-crime-drama-%E2%80%98black-mass%E2%80%99-photo/ar-AAbvDq6?ocid=ansWrap11