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Many of you appear to be concerned over time barred, invalidated claims, the number of old claims that will now be allowed, etc. If you will go back several years and read a few articles and pay close attention to what WDDD attorney has stated there should be no doubt the course of action. The fact of the matter is the pendulum of the court is now swinging back into the favor of property rights and those that have true title to said property. WDDD has counsel that has beaten most of the major players in IT. WDDD counsel spent nine months reviewing the case before they took it on contingency.
I would encourage each interested party to do one thing if they want to know what the stock price of WDDD could realistically be in a short amount of time. Go to google and type in value of MMORPG in the United States. If you do you will discover that the industry is worth billions annually now and is projected to be worth 21 billion in the US alone by 2021.
Now take a percentage of 3%-10% for royalties of the US annual value, divide by the outstanding shares, use a multiple of anything from 5-12. Then remember for each year lost thus far it will be tacked onto the back end of this so the cash flow will be for another decade at least. My math shows a share price at a minimum should be in the $13 dollar range.
Why would anyone want to settle when their is real money waiting to be collected?
Alpha,
If you would review notes from the last three years you would know that there is proof. All that has to be completed now is the process of resubmitting to the courts. Yes it might take time but if you have been around as long as some here another few months mean nothing.
Review the contract that was made public between ATVI and Bungie for a start.
Cheers Mate
Why in the world would anyone suggest much less believe Frank would show back up?
Regal if I may add to your comments I was encouraged that the industry baseline had been 25% and now due to INSPIRE it has been raised to 43%. That statistically is significant. I am now excited to wonder if stem cells are used along with the scaffold how much higher the 43% would become. Then I also wander the efficacy results will be for the non invasive procedure with the pump directly injecting to the damaged site.
What happened. No poor information from the uninformed.
Well stated. I needed that laugh.
Mr. Perrin, if you read this you should ask yourself does your stockholders deserve to be told you do something more than play with your computer. Of course your reputation is totally up to you.
Mr. Perrin if you are reading this you would be advised to make a formal statement. Being quiet only damages your credibility.
Do you think as share holder we should bring suit to have Perrin removed for failing to keep shareholders informed and failing his fiduciary duties?
When I contact the company I get nothing in return which I construe as arrogance.
Activision more for the archives
https://www.yahoo.com/news/humvee-maker-sues-activision-using-092800226.html
Willful infringement
Our opinions do not count at the end of the day. The law and precedent(s) is all that counts at the end of the day.
Willful infringement
Infringement or active inducement of infringement is willful when it is done deliberately and intentionally, and with knowledge of the patent. Copying of an invention, if such copying continues after the existence of the patent is made known, is evidence of willfulness. However, infringement or active inducement of infringement is not willful if it is done with a good faith belief that the patent is either invalid or not infringed. The burden is on the patent owner to show willfulness by clear and convincing evidence. Power Lift, Inc. v. Lang Tools, Inc., 227 U.S.P.Q. 435, 438 (Fed. Cir. 1985).
Willful Patent Infringement—Historical Background
The U.S. patent statute states that a "court may increase the damages up to three times the amount found or assessed."1 The patent statute states that the award should be "adequate to compensate for the infringement, but in no event less than a reasonable royalty for the use made of the invention by the infringer, together with the interest and costs as fixed by the Court."2 It was not until 1983 in the case of Underwater Devices Inc. v. Morrison-Knudsen Co., Inc. that the Federal Circuit set forth clear guidance for establishing willful infringement.3
The Underwater Devices case established an affirmative duty-of-care standard in connection with willful patent infringement. Specifically, Underwater Devices established that, once a party has been put on notice of allegedly infringing activities, the party must exercise due care in determining whether it is engaging in infringing activities.4 This included an affirmative duty "to seek and obtain a competent legal advice from counsel before the initiation of any possible infringing activity."5 As a result, clients were often advised by their counsel to obtain patent opinions prior to engaging in any potentially infringing activity, to shield against a charge of willful infringement. This standard reigned for over two decades but was recently overturned by the Federal Circuit in the case of In re Seagate Tech. LLC.6
Another new update patient 2 walking.
https://www.facebook.com/jesistracham/
Halks1122,
Agreed I believe the volume and price will change in time after a few solid decisions have been implemented.
In two years patient number two has gone from paralyzed to walking with braces and a walker. In the last year the news has gone from waiting on the results of patients 6 and 7 and now we are waiting on the results for patient 16. Overall there is a success rate nearing 60%.
I can see within the next year that patients seventeen thru twenty could realistically be enrolled, the plans for the injectable trials back on track, enrolled patients in Canada, and news coming regarding additional clinics being added throughout the world.
In the mean time the price is very low and ripe for investors to employ teachings of Warren Buffet, Charlie Munger, and Benjamin Graham and place their bet on a scientific trial rooted in the man that holds more medical patents
update Patient 2 walking with braces
https://nl-nl.facebook.com/jesistracham/
Slow down the fact that a relationship with an Indian tribe is after the fact for WDDD's. But a good idea and ambitious thought. Perhaps in the future the thieves would/will be thwarted by this strategic move.
Wow. Deep breath. I see the forest for the trees but this has not withstood any legal challenges. Personally I believe it is hysterically brilliant on the part of the patent holder. This issue has also been discussed among some people within this board. I am happy you are excited about this but still old news for me.
Perhaps it is because this is a board for WDDD and not ALLergan.
Not to be rude but this is a week old news. Yes it could be a game changer.
Alpha,
I pulled the entire filing and I found the word may. This is from the 10q from August 2017. It is in plain English.
Demonstrate where you find that in any sentence of the August 10q filing with the US SEC that any part of any sentence states it will definitively dilute. If you can I tip my hat to your reading comprehension ........if not shake the tree in a new manner and show all of us your true creativity.
You have already turned down my first challenge. Will you now turn down this challenge?
Copied from the August 2017 10q as filed with the US SEC.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12229123
Notes Payable
The Company has $773,279 in short term notes outstanding at June 30, 2017 and December 31, 2016. These are old notes payable for which the statute of limitations has passed and therefore the Company does not expect it will ever have to repay those notes.
The Company has an additional $750,000 in notes outstanding at June 30, 2017 and December 31, 2016.
Comprehensive Income (Loss)
The Company reports comprehensive income and its components following guidance set forth by section 220-10 of the FASB Accounting Standards Codification which establishes standards for the reporting and display of comprehensive income and its components in the financial statements. There were no items of comprehensive income (loss) applicable to the Company during the period covered in the financial statements.
Loss Per Share
Net loss per common share is computed pursuant to section 260-10-45 of the FASB ASC. Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. As of June 30, 2017, there were 9,050,000 options and no warrants, whose effect is anti-dilutive[/b] and not included in diluted net loss per share for June 30, 2017. The options and warrants may dilute future earnings per share.
Alpha,
I believe you are not stating all of the facts that the market dictates typically by covenant and law
Is it not true that in most mutual funds, institutional funds, ETF's, banks, retirement funds 401K administrators, and other such entities are typically barred from investing in any penny stock?
Since that is a fact stated in documents how would these big money funds be able to invest even if they wanted?
As an example does not the small caps get readjusted annually. I believe at the end of business on the same day. Some are added some are removed because primarily due to price depletion below the stated covenant of the fund.
So how does a person weigh the pros and cons of that market fact?
ALPHA,
You stated the following and I am amazed that you actually admitted we all can have an opinon. Thank you for the lee way to allow us neophytes that small amount of humanity.
As for what I am or am not has nothing to do with the English language and what Funkhouser said under testimony and what was then stated later under a separate deposition.
Merimed also has nothing to do with this. Merimed is a a part of the sum. I am considering the sum.
As for opining. I am not opining. I was asking you a question. Can you answer the two questions or not regarding Funkhouser? If not I will be happy to provide the links.
AlphaInvestor8 Sunday, 09/03/17 04:02:49 AM
Re: DDobserver post# 27055
Post #
27058
of 27059 Go
Are you a patent expert? do you value patents for the courts? do you have an EE or Comp Sci degree combined with a law degree?
Dude you are saying what you want to say to make your investment make sense to you in light of what the collective knowledge of the market is telling you - that you are wrong
make up all the legal arguments you please, if you are not a patent lawyer its the same as me telling a brain surgeon he's wrong when I have no medical knowledge
the MARKET HAS SPOKEN add up the value of merimed + patents + net cash and tell me PLEASE
IS THE VALUE OF MERIMED = OR LESS THAN THE MARKET VALUE OF WDDD + NET CASH AND IF SO BY HOW MUCH
AND AS SUCH HOW MUCH VALUE IS THE MARKET ASCRIBING TO THE VALUE OF THE PATENTS
I COULD CARE LESS ABOUT SOME NON COMP SCI/NON LAWYER VIEWS ON LAW
I CAN HAVE AN OPINION ON ANYTHING, IT DOENS'T MEAN ITS VALID GUY- YOU HAVE TO HAVE EXPERTISE IN THE AREA YOU ARE OPINING ON
Moderators: This is an exercise of Due Diligence with a direct correlation to this stock and in no way should this be misconstrued to be directed in a derogatory manner .
Alpha,
I would like to understand your prescient views based upon your due diligence. Maybe you can make me smart.
1. I would like your prescient view on what Funkhouser claimed in his
original testimony and then what was stated in the following
deposition.
Hint: It was stated under deposition that before he testified that he did not read what?
2. Then will you advise me on why it is ill advised to have placed my
money in this stock remembering that I am contrarian to the core of
my being.
I seem to remember a few very important people throughout finance/ economic classes and world history that were also indeed contrarian.
In the event Contrarian is not understood as I understand it I have added the following from Investopedia.
Similarities to Value Investment
Contrarian investing is similar to value investing because both value and contrarian investors look for discrepancies in price between investments, seeing if an asset class is undervalued in the current market. Many famous value investors see there is a fine line between value investing and contrarian investing as they both look for undervalued securities to turn a profit dependent on reading the current market sentiment. One main difference is the importance of the P/E ratio in value investing as opposed to contrarian investors who take this into consideration but also try to read the qualitative importance of the market, which includes media commentary, analyst forecasts and trading volume.
Relationship With Behavioral Finance
Contrarians also touch upon a lot of basic principles included in behavioral finance. Some behavioral finance ideas are that of investors as a collective and their interaction with trends. For example if a stock has been performing badly, it is going to stay that way for some time, along with a secure strong stock also staying that way.
Read more: Contrarian http://www.investopedia.com/terms/c/contrarian.asp#ixzz4reFnbY00
Follow us: Investopedia on Facebook
Patient 2 update. Posted 20 hours ago.
I have this smile for two reasons. Number one, after I saw my MRI results my mind is at ease. I have a large lump in my lower spine. It IS in fact swollen muscles because of new sensation
https://www.facebook.com/jesistracham/
Patent Play interesting strategy thank you.
I will have to yield to an attorney to answer that definitively.
November 30, 2016
The Unites States Patent Trial and Appeal Board (PTAB) issued a ruling in Bungie, Inc (Developer Partner of Activision Blizzard) v. Worlds, Inc. validating certain key patent claims governing multiplayer interaction. 12 Claims were validated over 3 Patents.
IPR PTAB Validation on Worlds Patent 8145998 Claims 2,3,7,8, 11-18
https://www.scribd.com/document/356626284/IPR-8145998-7493558-718690-Worlds-Inc
IPR PTAB Validation on Worlds Patent 7493558 Claims 5, 7
https://www.scribd.com/document/356626282/IPR-7181690-Worlds-2-of-3
IPR PTAB Validation on Worlds Patent 7181690 Claims 4, 8, 13, 16
https://www.scribd.com/document/356626285/IPR-7493558-Worlds-3-of-3
Patent Play,
Since you are batting 1000 today could you and would you give us your prescient insights into what can be expected in the near future?
Mr Owl you missed my point. I agree some exchanges deal in dollars but my point was if WDDD has a value of hypothetically $3 p/s. Then no dilution would be necessary.
Mr. Owl,
Kidrin has stated that a reverse split could happen....if needed. Why would you reverse split if there is ample value in any stock to list?
Mad prophet,
If you have the links to the article that states owned subsidiary along with the other articles you believe you read. I know I would like to know the source if you are willing to share.
Cap,
Imagine Alpha saying the stock will decline 25%. WOW!!! that means it will go from .04 cents to .03 cents. I don't know about you but my whole world just collapsed.
LOLOLOLOLOLOLOLOLOLOLOLO !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
22na22,
If you read the links and if you will go to Google and read USC 35 and I believe 32 and 31. It will help you decide for yourself what the answers are that you are searching for. These are a few references out of an additional 500 plus references.
https://www.scribd.com/document/212485072/Worlds-Inc-v-Activision-Decision
https://seekingalpha.com/article/2737675-worlds-expect-favorable-findings-from-the-markman-hearing
http://www.ipwatchdog.com/2016/09/30/proper-112-indefiniteness-directed-claims/id=73342/
I would also encourage you to go on the web and look up the attorney for Worlds, connect the dots and you will know his strategy from start to finish. Also Kidrin has laid the strategy out as well.
I do not necessarily agree with Alpha except for this one fact. You must read, digest, connect the dots to get your answers. This is not an easy case to follow unless you are a brilliant patent lawyer with the wisdom of King Solomon. The facts and nuances will not be spoon fed to anyone. WDDD attorneys spent nine months before they decided to take the case. I spent hundreds of hours researching before I had my answers and placed my bet.
Happy Hunting
I believe there is are two factors being forgotten.
The first is per the USC if a patent holder is disallowed from taking advantage of there patent due to clerical error by the USPTO the lost years are added on to the back end. So in Judge Caspers case she started the time at 2013. The years previous that she did not recognize and also because the USPTO admitted to making a clerical error will extend all the patents for many years to come. Please do not take my word for it go to the US Code and you will read the same words.
Also the WDDD patents are US patents so I am not sure if global sales will be applicable but certainly US sales will be included.
Alpha are you then saying if WDDD wins the 50 claims back for any reason inference states that you would have to say they are indeed valuable? aren't you.
Agree......definitely nefarious.
Alpha,
You said you have no stock in WDDD. So explain your motives as to why you feel the need to belabor all your points ad nauseum. Quite honestly you sound as if you are being paid by Activision and or Bungie. If so that would be laughable, arrogant, and misguided by you and your employer(s).
Why else would you spend so much time spewing your thoughts about a company you have no skin in. Do you believe the people here are so blind as to need your input. The input of a person that has no stake in the outcome....or do you? Nefarious one might conclude.
If you own an interest in WDDD then fine write facts about new due diligence you have completed. Otherwise if you are not a stockholder then why are you here? and do not respond with I am just helping you understand the risk.
Does anyone know if the experts have been chosen and their names that would advise the court on the damages?
Alpha....If you have not seen the video Camera in The Courtroom I encourage you to invest the time for this video. You can find it on line and if you will complete a little more due diligence you too will agree that it was very clear with Judge Casper stating that someone skilled in the art could conclude of an infringement. She did not say how many but she did say it. That being said there is something to this case based upon her words. Also if you view the entire video you will see at the end that the ATVI attorney exclaimed "but your honor this will cost my client billions."
Again there is something here based upon the lawyers words. Is there risk...sure but a boutique law firm does not work for free if there is not something of substance to argue about.
Have a great day.
Curious why do I care who is sleeping with whom as long as the Supreme Court rules fairly. Are you insinuating that the Supreme Court can be influenced by mere sleeping arrangements?
Well Alpha I will chime in.
Since the underlying thought as I understand it is patents are public rights and ARE NOT private property. I will ask for the keys to the house of anyone I want. Why?.... Well if private property can now be confiscated then your car and your house belong to me, despite the fact you may have worked very hard for your home and car that are now mine. Also you have no right to complain or call the police because I am not a thief because your private property is in the public domain. I wonder if the CEO of ATVI would mind if I walked thru the front door of his home put my feet up on the coffee table and declare for the entire world this is mine......get out! His car ...mine. His bank account...mine....His vacation home.....mine. I wonder if Bill Gates would be offended if I took his large boat?...it is after all public property since property rights have been gutted.
I have never heard such an absurd thought as these attorneys in links pasted to previous posts that believe property rights do not matter. They should go back to the law schools they attended and ask for a refund and while they are at it Alpha you should demand that your neighbor get out of their home without compensation since you are a member of the public.
Yes I understand that the writ the Supreme Court allowed demands that they want to know the facts and I appreciate that fact of our democracy. It is my hope that they have the integrity to make a very hard call.
Update video on patient #2; posted 19 hours ago. This is amazing considering two years ago she was paralyzed from the chest down. If this is not proof to the skeptics that the scaffold works I do not know what would.
https://nl-nl.facebook.com/jesistracham/
She also posted a video on July 11, 2017 in the same link which is a front view.
Does anyone have updates on other patients?