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Yes much has happened today and the movement is just getting started for investors to reclaim this stock. It will be a long road and we can expect nothing in the way of communication from this company. I'm not sure if and when coverage ceases here, based on the fact the symbol no longer trades. Hopefully I Hub keeps it up and we can continue to see updates like this one. Updates
Someone should forward the SEC Notice to lead counsel of the ChanBond action. The light are out at corporate since Rob died. Mailbox may be wired shut.
Class may not be needed but a Judge issuing a Trustee is. Attaching a GoFundme link for the fees to get a Trustee added will get their attention.
The attorneys managing the Patent Infringement Action likely are aware. The attorney investors hire would serve them notice and once they realize investors are asking for Court Appointment Carter is likely to handle this right away, and if not then he never had plans to anyway.
I highly recommend this board retain a Class Action Attorney and file a lawsuit immediately to have the Court appoint a Trustee to oversee election of officers and a board. Shareholders have rights. That will spark Mr. Carter to take action and if he doesn't then shareholders can.
A GoFundMe can make this happen.
Because Carter owns the majority of shares he can simply call a shareholder meeting, elect himself President, sell the agreement for Chanbond to another blind shell and dissolve UOIP. This is a whole lot cheaper than filing audited financials and paying fines and fees.
Not saying he will do this but its an option.
Unless Carter files the paperwork with the SEC every investor on this board will have to hire an attorney to ensure no one "runs off with the cash register" so to speak. As it stands there is no shareholder advocate. Lets not forget the other problem. If the Purchase of Chanbond is not complete there is nothing here anyway.
I've been telling everyone this for a long long time. Failure to file and poor Governance would cost everyone. Lets see if the company is serious about resolving this.
I believe in what managements doing so strongly I called this out in August. Hopefully some got in at $1.90's with me.
Patentplays
"Looking at this one line MRMD Marimed. There are Patents for Brain Medical Treatment as well. Loads of opportunity in the sunshine state!
Scythian Biosciences Shifts Focus Exclusively to The United States as National Acceptance of Medi... https://finance.yahoo.com/news/scythian-biosciences-shifts-focus-exclusively-125410640.html?soc_src=hl-viewer&soc_trk=tw … via @YahooFinance"
Florida is the Superbowl in relation to Colorado and Mass MJ biz. Sol Investments will do wonders here and the first dispensaries are not even open yet. Looking forward to mid teens on this one.
Just my opinion and not investment advice. Do your own research.
The Case moves forward to the Federal District. As long as Voip-pal can continue to claim its victory's there will always be someone who wants to own the stock. Regardless no one can say "they lost at the PTAB", while company's like VirnetX, who have won $900 million + in Judgements (from Apple), cannot make the same statement.
Aurelius decision very soon. If the Federal Judge rules in favor of Windstream the equity could see pronounced volume and excited investors long and short.
Vacate nullifies all findings of the PTAB decision. The Patents are for all purposes fully in force. Since the driving question was the lack of discovery (I've said this before many months ago) Judge Caspar in the Federal Case (on hold) could be convinced that parallel actions need to commence. The Federal Circuit trial provides far better avenues of in-depth Discovery than the PTAB. To that end I see Worlds moving forward with the Federal Trial asap and I could see a Press Release coming to that end IMO.
Likely the Market Maker bought up quite a few of those shares today to fatten the wallet on Monday when the word starts to get out. We've all seen this story before. Walk it down the first 30 minutes only to see the press release and 80% increase.
Thoms got a real story and a real opportunity. We were trading in the $50 million market cap prior and there's no reason why it shouldn't be there now.
This is a complete restart on the Bungie Invalidation effort. Today the Patents are good and Tom could move forward with the lawsuit vs Activision immediately.
Market isn't paying attention to this case, but will now.
The Appellate passed on the Estoppel because the PTAB did a poor job of addressing it. Its not the job of the Appellate to retry a case. The Remand and Vacate is just a complete "reset and redo" with Appellate focus that "you will allow Discovery". I suspect that Bob Kotick (CEO of Activision) may be sworn for testimony earlier than he thought:)
---watch the press coverage on that one. Thom hired an Investor Relations company that will put the spotlights on this process shortly...just my opinion.
Worlds WINS full REVERSAL of PTAB Invalidation and receives a strong remand back to the PTAB for a new review.
Worlds Wins Big
Vacate and Remand! Well done Worlds!
No Appellate Response Today 8/27/2018 for 17-1481 Appeal Worlds v. Bungie
Yes and Yes
Florida is huge for them and they have every right to believe that because its a fact. Miami- Ft Lauderdale the gold coast. Senior paradise and as of August 2018 the FDA is considering whether to move Marijuana from Schedule 1 to 2.
If that happens say hello to Medicare reimbursement and Scynthian is exactly where it should be....Florida.
Type 1 and 2 defined
Schedule I: No accepted medical use; high risk for abuse and dependence (Not eligible)
Schedule II: Accepted medical use; high risk for abuse and dependence (eligible for Medicare)
Yes the Scythian SCCYF is playing out nicely. From 1.95 to 2.27 last day. MRMD has the advantage in that they've already built a good solid distro chain and dispensary outlets. But its a game of license ownership and you have to make the investment.
SCYTHIAN BIOSCIENCES SCCYF spent $200 mill buying up 25 dispensary licenses and a major grow site in FL. Valuation is $80 million- and they have Univ of Miami Neuroscience working 2 patented Pot Drugs to alleviate Brain swelling on top of the dispensaries and grow farm licenses. There's a lot more out there that has yet to hit the ceiling on market value. MRMD Marimed is alreayd at $500 million with 8 mill in sales and 6 dispensories in the north east (Vermont). Florida is massive so SCCYF will dwarve whats been done at MRMD.
Scythian has every bit of the potential of MariMed MRMD which trades at a 1/2 billion Market Cap with less of a population base serving its 8 Dispensaries. I see Scythian ramping up fast with the Fl based 3 Boys acquisition.
The filing was made and it's indeed possible Advanced Audio may be heard. In 10 days Judge Kavanaugh, another constitutionalist, will take his place on the Supreme Court. The filing does indeed have the power to declare the takings clause (PTAB invalidation) unconstitutional. The high court made it known that position in Oil States was not settled law. Wait for it and see if its taken up. This would make RPX a non-starter along with every other PAE that faces invalidation. You'd quickly see mutual funds lining up to buy Patent Infringement Entities in mass.
Nice Intro by the way! Makes me want to be a customer:)
I'm impressed with what Marimed has done. Still there are larger enterprises moving in on the East Coast. Scythian Biosciences (SCCYF) recently sold off its LATAM opps and moved into Florida in a big way. They purchased up Dispensaries and Cultivation Licenses. I think MariMed needs to consider leveraging the market cap for new dispensaries and license acquisition. I believe that's whats holding up this market cap now and if they dont do it someone else will. Seagrams for example. Things are moving faster now.
Scythian is now authorized to open 25 Medical Marijuana Dispensaries in Florida alone. Not including a Cultivation license to supply competing Dispensaries.
I also find this one intriguing given everything that has been advanced. The 3 Boys acquisition in Florida opens up a very huge market in Florida. I would expect great things to come from this.
However I think RPX is late to the game for Certoirari considering they have yet to file and Advanced Audio is already there with its Certoirari filed.
Advanced Audio has the power to eliminate the PTAB making RPX a "nothing burger". The high Court would not accept RPX if it takes on Advanced Audio.
PTAB Challenged over its existance
Excellent find that validates Unified Onlines ownership of Chanbond.
I'm counting on the Certiorari to take a lot of time. I expect the CAFC panel to rule asap and I do feel like a remand coming.
Thats just time to save the case from final adjudication. SCOTUS would likely pass this over if they accept Advanced Audio's Certoirari (which unlike RPX is ALREADY filed) for review. I say they are late to the game.
Has not been granted by SCOTUS for review and the trial on the Patent Infringement action is already set.
The likely possibility is a Remand. What is interesting is whether Advanced Audio gets its Certiorari granted before the Supreme Court.
The decision of that matter could terminate the PTAB. If a Remand happens and the PTAB is declared illegal then Worlds can go directly to trial for all the disputed claims.
Very interesting possibilities for any PAE that has not had their patents fully adjudicated.
Supreme Court Certiorari
The PR firm Thom hired will have this ruling on speed-dial
Just checked 9:31am No release from CAFC
Only the Pacer site. Watching today for a possible release.
**Official Transcript of Discovery Dispute held on 08-09-18 before Judge Richard G. Andrews. Court Reporter/Transcriber Leonard A. Dibbs. Transcript may be viewed at the court public terminal or purchased through the Court Reporter/Transcriber before the deadline for Release of Transcript Restriction. After that date it may be obtained through PACER. Redaction Request due 9/4/2018. Redacted Transcript Deadline set for 9/11/2018. Release of Transcript Restriction set for 11/9/2018. (lad)**
Now this turnaround beating Wallstreet by more than 30 Cents a share is truly inspirational that management has this under control and is ready to take it to the next level.
Citibank had all but but buried the stock with a $1 dollar stock valuation, less than a month ago.