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Congrats Celtics on the 6000th post!
The VHC news is what will slow this from going from $2 - $4. Once Markman is past us and we have that victory problems like that become easy to handle.
You realize there are 10 people who said the same thing when it hit .24? Going back to .19 again. Guess what? They missed a double in a week.
Nice to see only a few traders ran to mommy this morning. The PACER test shows that holders of WDDD are a committed group that will not be scared away easily by some bogus initial release by ATVI. Next leg is almost ready to blast off! Better load up soon .30's will be far behind very soon! GLTA
Agreed SG and Max took this case because the $$$$$ is so lucrative. They did the 9 months of DD to make sure they could win. They have this to a science and there is very little chance they rushed into this or miscalculated something. This team turns down companies weekly and has the choice of the best opportunities out there.
I did not invest my money with WDDD an OTC 10¢ company. I invested my money with Max Tribble.
Not trying to beat up the other team but seriously the top person on ATVI's team would be the guy getting coffee and donuts for Max's team!
Joe in your opinion when will we see an article that estimates the damages & royalties that WDDD could get from this suit? Prior to or after Markman?
I would assume until they don't have to disclose that it is an actual threat until its documented they feel it is one, or if Markman grants a trial. Don't confuse this with what is actually going on. They could be 100% certain they have willfully infringed behind closed doors but until it is proven in court they haven't done anything wrong yet. Doubt we see anything until after Markman. Once it gets to that level WDDD will be well over $1.50. Maybe that surge helps us to $2.50?
Nice position, now lets get that to $100k in 30-45 days!
PACER releases will create turbulence in the market so don't live and die by one that ATVI says they are completely innocent and WDDD hasn't got a chance. These are par for this stage in the process.
This is just the beginning, as Smiter has pointed out our team hasn't tipped their hand yet as good players never do until they have to. Max is holding pocket Aces and in complete control of this game.
This is also just the beginning. After forcing a trial with a successful Markman hearing the sky is the limit for us as many other companies are also using WDDD technology to create an estimated $17.5 billion in 2015. WDDD will be getting checks from dozens of companies when this smoke clears ATVI is just the starting point in this marathon.
I look for a weak hand or 2 to read the PACER and run for mommy this morning. This is ok and is expected and creates trading opportunities for us all. To me the PACER tells me the game is just starting and 6-27 will be here before you know it!
Max Tribble was "eager to be lead counsel"
What other game companies would be in violation of these patents?
Worlds has not completed its technical analysis of other companies’ potential infringement at this time.
What’s your plan when it comes to these other companies?
When we have completed our analysis, we will take the guidance of legal counsel on our next steps.
How might your patents influence the game industry beyond Activision Blizzard?
In patent litigation matters such as this one, at this time it is not in our best interest to state the names of any other companies that may be infringing on our patents nor to discuss any potential future actions being contemplated related to other companies. We will be working closely with Susman Godfrey to determine any additional parties to pursue and what actions to take related to patent infringement.
A successful outcome of this litigation will reaffirm Worlds’ patents’ validity and our place as an early innovator in virtual worlds development. A win will provide the company with greater flexibility in its pursuit of acquiring additional IP that is synergistic with Worlds’ technology.
These games have been around for years. Why are you going to court now?
The timing for the lawsuit was based upon the additional continuation patents that Worlds has recently received over the prior art, as well as independent analysis. We were fortunate that Max L. Tribble, lead counsel for Susman Godfrey LLP who has a stellar record for patent infringement wins against large organizations, was eager to be lead counsel on this case on a contingency basis following Susman Godfrey’s review of the patents, our history as an operating company since 1994 and other details.
Remember this is why you are in WDDD
Thom Kidrin, Worlds Inc. CEO, explains why his company is suing Activision now and why this litigation could impact other major players in the video game space in this exclusive interview.
Why are you targeting Activision Blizzard first with this lawsuit?
We believe there is plentiful and strong evidence of infringement of our patents by Activision Blizzard, Inc. et al and that we have an excellent chance of success in this case.
Can you explain in laymen’s terms what your patent covers?
Worlds Inc.’s patents cover load balancing between the user’s PC and the host server commonly known as a client/server architecture. These methods filter the number of visible avatars on the screen at one time when there are hundreds of thousands of users online simultaneously.
When Worlds’ initial patents were filed in 1995 the major constraints for multiplayer online gaming were bandwidth and PC processing power. Worlds developed methodology and techniques that allowed large numbers of users to log into the same virtual world from around the world concurrently without being locked out of the site due to reaching prefixed population limits.
In the late ‘90s users were limited to between 10 to 15 concurrent users per room and if you logged in a few minutes after your friends did, you could not play with them because the room had already reached its limit and been closed to additional users.
As the confluence of separate internet service providers (ISPs), such as Compserve, GE Net and Delphi, to name a few, evolved into the World Wide Web, the need for datastream management methods for avatars in a virtual world across different PC platforms accessing the web at varying internet speeds became a crucial problem to solve. Players wanted to play together even if they logged on at different times and expected a fluid user experience moving within graphically rich virtual environments. Worlds’ technology solved those problems.
Who's Max Tribble?
Paltalk v. Microsoft. In March 2009, SG (with Max Tribble as lead attorney) commenced trial against Microsoft on behalf of plaintiff Paltalk, an Internet audio and video conferencing company. On the fourth day of trial, Microsoft agreed to settle the case, taking a license,to the patents-in-suit. The amount is confidential. Paltalk filed suit against Microsoft in late 2006, alleging that Microsoft was using Paltalk's patented technology for its video game systems, specifically Halo 2 and Halo 3 combined with Microsoft's Xbox Live communications network. Paltalk defeated Microsoft's motions for summary judgment, leading to a jury trial in Marshall, Texas, in the Eastern District of Texas. The parties settled on the fourth day of trial, after Paltalk had rested its case and the first two Microsoft witnesses had been cross-examined. Microsoft agreed to license the Paltalk patents for an undisclosed sum of money.
Mass Engineered Design v. Ergotron & Dell, et al. In November 2008, Susman Godfrey won a jury verdict of infringement and validity in Mass Engineered v. Ergotron & Dell et al., in Marshall, Texas, in the Eastern District of Texas. SG secured a permanent injunction on behalf of Mass Engineered. Max Tribble was lead attorney for the plaintiff. The case has since settled, and the terms are confidential.
Sky Technologies v. Oracle. In January 2008, SG settled a patent infringement lawsuit against Oracle on behalf of Boston-based Sky Technologies filed in the Eastern District of Texas. The patents at issue relate to online commerce negotiations software. Oracle agreed to license Sky's patents and technology. The settlement amount is confidential. Max Tribble was lead attorney for Sky.
UniRAM v. Taiwan Semiconductor Manufacturing Co. (TSMC). In September 2007, Tribble (lead lawyer) and a team of Susman Godfrey lawyers obtained a $30.5 million jury verdict on behalf of his client, UniRAM Technology, Inc., in a trade secrets case tried in federal court in San Francisco before Judge Vaughn Walker, Chief Judge of the Northern District of California. The trial court later entered judgment in favor of UniRAM for approximately $36 million. UniRAM alleged that defendant Taiwan Semiconductor Manufacturing Corp. (TSMC) had misappropriated UniRAM's trade secrets regarding specialized computer memory devices known as embedded DRAM. Tribble handled opening, closing, and the majority of witnesses. News of the verdict was reported widely in both the U.S. and Taiwan. Verdict Search listed the verdict as one of the top 100 plaintiff's verdicts nationally in 2007, and the Los Angeles Daily Journal pegged it as one of the top 10 plaintiff's verdicts in California in 2007. The case settled on confidential terms while on appeal.
Sky Technologies v. IBM. In March 2006, days before trial, IBM and Boston-based Sky Technologies announced that they have settled a lawsuit that SG brought on behalf of Sky in the Eastern District of Texas alleging patent infringement, breach of contract and misappropriation of trade secrets. IBM agreed to license Sky's patents and technology for conducting online negotiation. The amount is confidential. Steve Susman and Max Tribble were lead attorneys for Sky.
SuperSpeed Software v. Oracle. In December 2005, Susman Godfrey obtained a settlement of client SuperSpeed Software's patent infringement suit against Oracle Software in the Southern District of Texas. Oracle settled soon after the District Court issued a claim construction opinion that was highly favorable to SuperSpeed. Details of the settlement are confidential. The suit alleged that Oracle's software products infringed a number of SuperSpeed patents regarding data caching. Max Tribble was lead attorney for SuperSpeed.
MicroUnity v. Intel. In October 2005, weeks before trial, MicroUnity, Intel, and Dell reached a settlement of a case that SG brought on behalf of MicroUnity in the Eastern District of Texas, the terms of which are confidential. Intel publicly disclosed the financial terms of the settlement in its Third Quarter 2005 10-Q. SG filed suit on MicroUnity's behalf in April 2004, alleging that Intel's Pentium III, Pentium 4, and Pentium M processors infringed MicroUnity's "mediaprocessor" patents. Steve Susman and Max Tribble were lead attorneys for MicroUnity.
SimDesk Technologies v. First Genesis. In 2004, SG successfully represented SimDesk Technologies against First Genesis in a suit alleging misappropriation of trade secrets relating to SimDesk's proprietary server-side applications and server-client communications protocol. SG obtained a temporary restraining order and, after a bench trial, an injunction, barring First Genesis from using the software and system at issue. Max Tribble was lead attorney for SimDesk.
Pavilion Technologies v. Computer Associates. SG represented Pavilion Technologies in a patent suit against Computer Associates in the Western District of Texas (Judge Samuel Sparks) regarding neural network and expert system technology. The case settled after claim construction.
VariLite v. High-End Systems. SG defended High-End Systems in a patent and trade secret suit brought by VariLite in the Northern District of Texas regarding computer-controlled lighting systems. The case settled after claim construction.
First Capital Holdings v. Shearson Lehman. SG represented First Capital Holdings in an adversary proceeding against Shearson Lehman Brothers in bankruptcy court in the Central District of California (Judge Samuel Bufford) alleging fraudulent transfer, breach of fiduciary duty, and other claims.
Trinity Industries v. Road Systems. SG defended Road Systems in a patent suit brought by Trinity Industries in the Eastern District of Texas (Judge Schell) regarding roadway safety devices. The case settled favorably after SG obtained a summary judgment of non-infringement. Max Tribble was lead attorney for Road Systems.
Wolter v. Delgatto. From 2002 to 2004, SG defended pro bono Joe and Madeline Delgatto, the Minister of Heights Presbyterian Church, and his wife, in a lawsuit brought by attorney John Worldpeace on behalf of his mother, Joyce Wolter, alleging various claims, including claims relating to Wolter's objection to the church participating in a project to build and operate a retirement facility in a predominately-black area of Houston. In 2004, the court dismissed the lawsuit and declared Wolter to be a vexatious litigant. Attorney Worldpeace was disbarred. Max Tribble was lead attorney for Delgatto.
Western Atlas v. Garmin/Rockwell/Motorola. SG represented Western Atlas in a world-wide licensing and litigation program involving patented GPS technology. Western Atlas received substantial settlements and royalties under this program.
GTE Sprint Communications v. GTE Sprint Communications. SG successfully defended GTE Sprint Communications against a service mark infringement suit brought by Texaco v. Pennzoil attorney Joe Jamail. SG persuaded the court to uphold the validity of our client's "Sprint" service mark and to enter a take-nothing judgment against the plaintiff.
2 scenarios to choose from:
1 ) Our powerhouse law firm can simply print money by the millions and create fortunes for any number of companies. Spends thousands of man hours pouring over data @ WDDD & decides that their patents are strong enough to take down a Titan. Taking down huge companies so many times that they have almost made into an art they are so good at it. These guys are masters of their field and they think this case is so rock solid they decide they will make so much money on this case that they are footing the entire bill for the whole enchilada. So sure are they that victory will be there's they stand to lose millions if they have miscalculated. This dream team has more talent and experience and steam rolls over opponents like Tyson in his prime.
2 ) They are just wasting money and don't really have any idea what they are doing and we are all screwed.
I choose #1
Also not 50-50 odds more like 80-20 it goes well for WDDD.
$2 bucks easy if Markman hearing goes well. Binary event. 10¢ if Markman goes bad $2.00+ if Markman goes well. 4 months our story will be half way written.
Yes thanks for the PACER. Unfortunately for ATVI the WDDD team hasn't tipped their hand yet.
Sorry ATVI
Shocker!!! AVTI thinks they are doing nothing wrong and since WDDD hasn't convicted them yet they are completely innocent!! Obviously we were all duped!
Having been on this bus a few times already this is completely par for the course. Heck Vringo won on all counts and Google is still telling them they haven't done anything wrong. Rely on the fact that the best person on their attorney team couldn't even get an interview to be on ours. Let the big boys do their work and we will be fine!
We hit the .35-.44 level 11 days ago. Since that date we have averaged 800K to 1M shares per day. Assuming the float is 25M shares and if half of the people are selling that bought in the .20-.23 level we should be 75% of the way through this churn. Once the traders realize it will not fall back to those levels anytime pre-Markman I assume they will begin to buy back in very soon if not already. JoeNatural is your typical trader and he will buy back in @.35 or above .45 whichever happens first. We are building a strong base for the next run. The stronger that base is the higher that run will be. Last week I thought it would go to .60-.66 but now think .70-.75 might be in-store for us in the next 2-4 weeks. As I stated earlier the next SA article that hits will focus on potential damages / royalties. That will shine a light on WDDD and send us on a collision course with $1 PPS!
So SA will let you put a shell of a company ticker symbol such as SPEX. But an actual company with 4X the market cap is not allowed to put the ticker symbol in an article like WDDD??? Kinda makes it hard to get the word out doesn't it? Also since ticker symbol not in title or in the article it's not posted anywhere I can find except SA????
Thinning out weak hands is all part of the game. Sellers today will be buyers higher next week.
Time to laugh
New buyers will quickly realize you got ta tap that ask to get in. I grabbed a few if those .399's but who would sell below .40 today???
Catalyst coming soon! Markman hearing, then expanded suits across entire MMORPG industry! Then settlement from AVTI that will set the playing field for the rest of the infringers to pay. Look for the next SA article to dive into possible amounts of damages/royalties that will go into the hundreds of millions if not $1 Billion or more!
Going to be a fun day today! As far as dilution just assume at the end of this game we will be at 100 million shares and hopefully no more. Vringo diluted for specific reasons. 1 they bought Nokia patents, and 2 they kept the cash which in both those cases did not cripple the company.
WDDD has some huge advantages that Vringo doesn't have as they are the very same company that created the patents and couldnt possibly be called a troll. Also they put ATVI on notice years ago they were infringing which will eliminate the laches debacle that Vringo had. Both of those gives WDDD a stronger case that Vringo ever had.
Some have asked and it has been confirmed that PrincetonATTY or his new handle Patent Plays who wrote that article is very long WDDD he was not allowed to put the ticker symbol WDDD in the article due to SA policy for sub $1 stocks.
As someone very cool once said "start spreading the news" the time to buy is now before you are chasing this stock to new highs.
Good morning WDDD! The article last night clearly shows the move into Markman has just started and will lift us over $1/share in just a few short months. Early sellers will regret getting out. Already sellers in the high 20's are giving up and getting back in the low 40's. The train is almost ready to leave for the next leg up. Make sure you are on that train as it won't stop till .60¢ or higher.
Next PRKR? So obvious it's WDDD http://m.seekingalpha.com/article/1268281
So the story goes Vringo was the next VHC, then PKRK was the next Vringo and now WDDD is the next PKRK. New SA article that outlines all 4 stories. Huge potential for WDDD. I would like to get some advice from traders who have been in this game for years such as those on this board. http://m.seekingalpha.com/article/1268281
Huge news after hours! http://m.seekingalpha.com/article/1268281
Today we have held up well and with more news today that our patents are stronger than ever before spells big trouble for the MMORPG industry. The Markman date will just be the beginning of a multi bag run that when the dust settles WDDD could be 10-15 times higher than the current price in 12-24 months. Those who get in early will reap the largest rewards!
Need to average .012¢ per day to get to $1 by Markman date.
That in a nut shell is why I am here!
How do you think the sellers in the mid 30's feel today?
How long will .42-.44 be in play?
Kiss then .39's goodbye!
Yeah those shares will disappear like a fart in the wind. Could take use from .90 down to .88.
So your saying that we ain't seen nothing yet! Fasten seat belts volatility expected.