I will give you that. :)
Just not likely looking at the schedule and the timeframe this is moving along.

Opposition to Dispositive motions/Daubert motions due September 10, 2021. Reply briefs in support of Dispositive motions/Daubert motions due September 24, 2021. Hearing on dispositive motions/Daubert hearing TBD. Final Election deadlines and Final Pretrial Conference TBD.

Updated schedule moved that up though, to Dispositive Motions and Daubert Motions by 6/17/21.
Opposition to Dispositive Motions and Daubert Motions by 7/15/21.
Reply Briefs in Support of Dispositive and Daubert Motions by 7/29/21. (Hourihan, Lisa) (Entered: 01/07/2021)
so 7-29 is last actual date. But there is still a possible hearing and final pre trial conference, which would not be done before end of Sept.



That is why Mid Sept won't happen as per calendar.

Quilt that is actual investor shorting, all the talk is in regards to naked short by MM's. Not actual investors.
MM's just playing games with their inventory

Just watching the trading it appears to be dealing with naked short issues.
I don't know how accurate this is, but this link shows naked short interest. Can not find another source to back these numbers up, but it is something to watch.

https://otcshortreport.com/company/WDDD

They are talking about MM's shorting the stock, not investors..

This is something to look at by the way. Its a naked short report
I look at it, doesn't seem right, but that is something to watch.
Won't find anything else like that info though..I have looked, so if you find something better, please post

https://otcshortreport.com/company/WDDD

Read SEC filings, no court date before Sept 21 2021 for ATVI case.

A lot of long time holders have a cost basis under .05 pre split many in the .02-.03 range. so between .10 and .30 post split if they averaged up along the way. Many did.
I had a really low cost basis, but sold out after CAFC win and pre return to PTAB, made great money. Bought back in again after 2nd PTAB trip concluded. SO now its about .30 current (which is lower than what I sold all my shares for) or .06 pre split.
I am sure though there are still some with cost basis below .15

There is no settlement talk or any movement on MSFT before June 3rd.
The 501 patent is what they are dealing with, that was one of the patents that got worked over in the first PTAB trip. Either going to be invalidated outright or will be an IPR granted and then reviewed. So that will be a very long process.
The 25th I think is when WDDD has to narrow claims by, I only hope the 501 patent is not included against ATVI.

That wss a different time though, the entire IP sector was really hot at that time. There was a ton of coverage on this, this is none now.

As per SEc filings and calendars, no earlier than Oct. Odds are with current calendar, Nov-Jan, and Iw ould bet on January

Doubt it ..trading otc

Either MM games or algorithm trading. Throw down some small sells, drive price down, buy larger amount of shares than total sold. Just watch the actual trades. Just another way to actively aquire shares. Swing traders also do this over a 3-4 day period. Run a cycle of buys, once clears 3 days sell them off.

Really interested in 02-25 date, really want to see WDDD narrowed claims list. Hopefully nothing in the 501 patent. I doubt they would add any, but never know. Considering that is the patent Microsoft has filed an IPR on, O would assume ATVI would ask for another stay if those patents are part of the narrowed list.

Somebody got some bargain shares, took out some stop losses it appears it dropped down to .405. Nice buys for some longs today sub .50 well played.

Will add another of your pearl's of wisdom and sage advice to the growing list of very helpful info you provide.

Current litigations by Worlds Inc

WDDD is seeking damages for patent infringement of the Company’s patents in three active proceedings. The first proceeding, filed by the Company against Activision Blizzard, Inc., Blizzard Entertainment, Inc., and Activision Publishing, Inc. in the U.S. District Court for the District of Massachusetts in 2012, was temporarily stayed in 2015. In April 2020, U.S. District Judge Denise Casper lifted the stay and entered a schedule to complete the case. The Company also filed a complaint for patent infringement against Linden Research, Inc., d/b/a Linden Lab in the U.S. District Court for the District of Delaware in 2019, and a complaint for patent infringement against Microsoft Corporation in the U.S. District Court for the Western District of Texas in September, 2020.



1. Company’s Lawsuit Against Activision Entities----suits filed against 2 of the worlds most profitable video games of all time. Call of Duty and World of WarCraft



Let's take a little deeper dive into all of this briefly. First of all the suit vs ATVI includes will full infringement as WDDD went to ATVI to ask if they would like to license the IP which they declined. WDDD then talk with law firms to represent them, and after 9 months of review Susman & Godfrey took the case on contingency with Max Tribble acting as lead counsel. Tribble is a Tier 1 IP attorney with numerous wins involving David vs Goliath scenarios similar to ATVI. Tribble even has a win vs ATVI already. The date had been postponed from 2013 due to another unrelated court case and a countersuit by Activision Publishing, Inc., a subsidiary of Activision Blizzard, Inc., against Worlds Inc. and Worlds Online, Inc. (OTCBB: WORX- later to be renamed Marimed in a very successful spin off) which was dismissed with prejudice in early June 2014. WDDD received a favorable Markman Order from Judge Denise Casper of the United States District Court for the District of Massachusetts on June 26th related to its patent infringement lawsuit against Activision Blizzard, Inc., Blizzard Entertainment, Inc. and Activision Publishing, Inc. (Activision et al)

"We are pleased that the Federal Court has ruled that the majority of our patent claims construction language means precisely what the U.S. Patent and Trademark Office (USPTO) interpreted the claims to mean in the patents they granted to us," Thom Kidrin, Worlds' President and CEO, stated. "We can now move forward with our case against Activision Blizzard."

Kidrin added, "With this favorable Markman ruling, Worlds is in a strong position for a jury trial. The court has set a scheduling hearing for July 30th at which time we hope to receive a trial date."

Here is a hour long video of ATVI asking for summary Judgement. I include this link to a video to give you an idea of the Judge and more importantly to watch when ATVI lawyers clearly state there are billions on the line. https://cvn.com/sessions/f9de7a1cc41b4ff6acdb7ebc38fc99bd1d/demo

The Company's lawsuit against the Activision entities, filed in 2012, was stayed in 2015 pending the outcome of nine Inter Partes Review (“IPR”) petitions filed by Bungie, Inc. to the U.S. Patent & Trademark Office's Patent Trial and Appeal Board (“PTAB”). Those IPR proceedings were concluded in Company's favor on January 14, 2020, with the majority of the challenged claims surviving Bungie's challenges. Returning to its District Court litigation, the Company asked that Judge Casper lift the stay and allow the Company to proceed in its lawsuit for patent infringement of the Company’s patents against the Activision entities.


Now this too needs to be further looked at. During the IPR process WDDD successfully defended 101 motions at both the PTAB and CAFC. This is important as I will discuss later. For 5 years WDDD battled in the court system eventually clearing the process with all patents and claims intact. It was not a clear linear line however with a trip to the PTAB in which they had some claims invalidated and claims lost. The U.S. Patent & Trademark Office (USPTO) validated six patent claims by Worlds Inc. Claims 4, 8, 13, and 16 of Patent 7,181,690 B1 - IPR2015-01268 and claims 5 and 7 of Patent 7,493,558 B2 - IPR2015-01269. AT the end of 2016 WDDD field an appeal to the CAFC which ended with following opinion
http://www.cafc.uscourts.gov/node/23795
A remand back to the PTAB in which WDDD eventually won a full reversal and all claims and patents restored due to ATVI being a real party of interest and BUngie served as a proxy for them in the IPR hearings in Jan of 2020.

On April 17, 2020, Judge Casper issued an Order lifting the stay, and setting a pre-trial schedule, with a final pretrial conference and trial to occur at a date to be determined after September 24, 2021. The Court's schedule is as follows:

• Fact discovery resumes April 21, 2020. Date by which counsel to meet/confer regarding estoppel issue May 5, 2020. Worlds' narrowed election of asserted claims May 5, 2020. Activision's 35 U.S.C. 101 motion due May 19, 2020. Worlds' opposition to the 35 U.S.C. 101 motion due September 9, 2020. Activision's 35 U.S.C. 101 reply brief due September 23, 2020. Hearing on Activision's 35 U.S.C. 101 motion July 22, 2020 at 3:00 p.m.
The 101 decision is still pending as of 02-17-2021. This is important as it is a primary risk to the current proceedings moving forward. For Casper to dismiss the proceedings with a negative 101 decision would mean she is going against 2 higher federal courts who could have invalidated patents during the IPR process in which 3 trips among the 2 entities in which the 101 question was asked and answered positively on each occasion. A negative 101 decision would halt proceedings and force an appeal to the above mentioned courts. Moreover the dates below would have been or will be unnecessary.


• Close of Fact Discovery January 14, 2021. Worlds' Narrowing of Asserted Claims (No more than 3 claims per patent; 15 claims maximum) January 21, 2021. Activision's Narrowing of Prior Art (No more than 7 prior art references per patent; 20 references total) February 4, 2021.


• Status conference February 8, 2021 at 2:00 p.m. Opening expert reports February 18, 2021. Rebuttal expert reports March 25, 2021. Close of Expert Discovery April 15, 2021.


• Dispositive motions (can address estoppel issue If still disputed)/Daubert motions due May 13, 2021. Opposition to Dispositive motions/Daubert motions due September 10, 2021. Reply briefs in support of Dispositive motions/Daubert motions due September 24, 2021. Hearing on dispositive motions/Daubert hearing TBD. Final Election deadlines and Final Pretrial Conference TBD.

There has been some delays which is to be expected from ARVI as they will attempt to delay as long as possible.
WDDD Updated most recent calendar v ATVI
Judge Denise J. Casper: ELECTRONIC ORDER entered granting 299 Motion to Amend Schedule.
Fact discovery to be completed by 2/18/21.
Worlds Narrowing of Asserted Claims 2/25/21.
Activision's Narrowing of Prior Art by 3/11/21.
Opening Expert Reports by 3/25/21.
Rebuttal Expert Reports by 4/29/21.
Close of Expert Discovery by 5/20/21.
Dispositive Motions and Daubert Motions by 6/17/21.
Opposition to Dispositive Motions and Daubert Motions by 7/15/21.
Reply Briefs in Support of Dispositive and Daubert Motions by 7/29/21. (Hourihan, Lisa) (Entered: 01/07/2021)

WDDD is still awaiting on a 101 decision. There is a slight risk with a negative 101 outcome that the case will be dismissed and an appeal to CAFC


2. Company’s Lawsuit Against Linden Research, Inc. d/b/a Linden Lab


On September 20, 2019, the Company filed a lawsuit against Linden Research, Inc., d/b/a Linden Lab (“Linden”) in the U.S. District Court for the District of Delaware for patent infringement of the Company’s U.S. Patent No. 7,181,690. This case was assigned to U.S. District Judge Maryellen Noreika. On December 2, 2019, Linden answered the Complaint, denying that it has committed patent infringement. On January 8, 2020, the Court entered a Scheduling Order, setting deadlines for Fact Discovery and Contentions, Claim Construction, Expert Discovery, Summary Judgment, and Trial Phase. A claim construction hearing (“Markman” hearing) is scheduled for November 13, 2020. The scheduled trial date is January 31, 2022.

Important note about this proceeding is the patent in question survived the original PTAB decision. So though all claims are currently valid, some patents did get invalidated only later to be reinstated with a full reversal due to an RPI issue. This patent was not one of those that was reclaimed, but survived the initial PTAB rulings.



3. Company’s Lawsuit Against Microsoft Corporation in regards to Minecraft on of the most popular and widely used games of all time.


On September 25, 2020, the Company filed a lawsuit against Microsoft Corporation (“Microsoft”) in the U.S. District Court for the Western District of Texas for patent infringement of the Company’s U.S. Patent No. 8,082,501. This case was assigned to U.S. District Judge Alan D. Albright. By Microsoft’s request, Microsoft’s deadline to answer Worlds’ complaint and the accompanying allegations has been set for December 4, 2020.
Case 6:20-cv-00872-ADA Document 22 Filed 12/04/20 Page 1 of 12
IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF TEXAS WACO DIVISION
§ WORLDS INC., §
DEFENDANT MICROSOFT CORPORATION’S OPPOSED MOTION TO STAY LITIGATION PENDING INTER PARTES REVIEW OF THE PATENT-IN-SUIT
This action presents an extraordinary case for a stay pending inter partes review (“IPR”). It involves an expired patent already found unpatentable in an IPR vacated by the Federal Circuit only because it found that the petition was technically barred due a real-party-in-interest issue. The identical—and successful—grounds from that earlier petition are now before the Board again in a new petition that lacks the earlier procedural defect. Moreover, the patent-in-suit is subject to an additional ground in the IPR petition and a pending summary judgment motion for invalidity under § 101 in co-pending litigation in the District of Massachusetts. The patent is expired, so Worlds will not suffer prejudice from a stay. This case is in the very earliest stages; Microsoft filed its IPR before it filed its Rule 12(b)(6) motion to dismiss the complaint. The institution decision is due by June 3, 2021, and the final written decision will issue by June 3, 2022. Even given the speed of this Court’s typical case schedule, the final written decisions will issue at least contemporaneously with—if not before—the anticipated trial date.
The ’501 patent is invalid. The only outstanding question is what jurisdiction—the Patent Trial and Appeal Board (“PTAB”), the District of Massachusetts, or this Court—will be the one to confirm invalidity again after the PTAB’s earlier decision was vacated for non-merits reasons.

Again looking deeper into this information you will see the 101 decision is still looming, but as outlined earlier the 101 ruling in Mass should be a non issue. It is important to note that the IPR filed by microsoft has a June 3rd 2020 date for the decision to be handed down. The links below do a really good job of spelling out what is going on with the above case and which patents and claims where invalidated during the 1st PTAB trip.
http://patentarcade.com/tag/8082501
http://patentarcade.com/2019/02/worlds-inc-v-bungie-inc.html
https://apnews.com/press-release/pr-accesswire/fcc351611b6671fa96338be577b631ab

I will probably come back to this over the weekend and finish filling in the details I want to add.

I personally have zero concerns with more dilution, simply showing the facts is all. It is easily possible if they choose to do so.
They should have no reason to any time soon, and have showed over time this is far from their MO as that would cost Kidrin money as he is the largest shareholder.

This is updated with the correct AS, OS and Issued shares as per latest 10-K with a new 10-K coming out at the end of March most likely. So these are numbers to review for any changes once that 10-K is out.
Again I clearly state that the likelihood of dilution caused by issuing of new shares is very small as the latest 10-Q shows WDDD has money on hand to further their current litigations. KNow though that WDDD will not have to ask to issue more shares as their AS is 250 million.
I will post a similar breakdown of the current litigations. Please if you see any discrepancies please let me know or simply copy and paste with new information and a link to support that new info please.
The goal being 1 large document that will cover WDDD, its patents, share structure, litigations, and various other important info that can be stickied or shared in other locations. This will not replace doing your own DD, but will have a fairly encompassing document of all relevant information.



Share Structure

AS- 250,000,000
OS- 56,814,833
issued Shares-49,354,666- So roughly 7.5 million shares in treasury unissued.
Insiders and 10-K lists- 12,433,252
Private placements-
2,700,000
10,500,500
14,000,000 (this was 35,000,000 shares and 35,000,000 warrants issued just previous to the 5/1 reverse split-

So about 10,000,000 shares to be traded. The case vs ATVI was filed in 2012 and the singular most definitive source for all things WDDD investing is located at Investors Hub where a substantial base of longs have been investing since then and have added along the way
over the past 9 years. Many investors have come and gone, and new investors are appearing every day with many older investors returning as the timeline begins to shrink again. The members of that board alone account with a rough conservative estimate between 3-7 million shares leaving between 3-7 million shares to be traded not locked up in long or insider hands. I have heard higher numbers than this so there is a possibility the actual shares available to be traded is even smaller. I do prefer to err on the conservative side though.
A recent spike in volume at the end of 2020 of about 5.5 million shares drove up the price per share from roughly .30 to .69 in 1 day of trading. This was due to some mix up of tickers and new investors coming into WDDD at that time, but most leaving shortly thereafter
where the price resumed the .30-.36 trading range it was in. Since the 2021 began and court dates have come on gone the price has steadily risen on small to medium volume to a high of .70 during the week of Feb 7-12th. The reason all of this is important is
as court dates pass, any positive news, or new investors coming in the price steadily will rise leading up to a posted Jury trial date coming after Sept of 2021 for ATVI and a posted Jury trial date for the Linden Labs suit in Jan of 2022. These dates can be found in WDDD SEC filings. As the available shares to be traded continues to shrink scarcity will continue to drive PPS up and as the volume increases the PPS will increase exponentially.

Risks involved with share structure-
Pre 2016 the OS was near 250,000,000 shares, a 5 to 1 reverse split was enacted and the press release that outlines that is pasted in italics at the end of this message. If you do the math yourself you will see there in fact some dilution that occurred.. Thom Kidrin has been a great steward for the company and is the largest shareholder. I state this because his interests and the interests of the company therefore
are in line with shareholders. For the last 9 years there has been opportunities for dilution (some minor dilution did occur), but WDDD management has avoided it for the most part. They did get in a bad financing deal with Hudson Valley at 1 point, but since then the company has avoided any toxic financing or dilution to fund their ongoing litigations. IN fact they split off part of their holdings, changed that company name to Marimed and sold shares of MRMD for a tidy profit along the way. To the tune od over 4 million dollars that poured into WDDD coffers. The current risk is that WDDD can move their OS back to 250,000,000
which would dilute current shareholders. The likelihood of this happening is small, but it is stated clearly in their 10-K's.
Possible issuances of our capital stock would cause dilution to our existing shareholders.

While we currently have 56,814,833 shares of common stock outstanding after implementing the 5 to 1 reverse split in 2018, we are authorized to issue up to 250,000,000 shares of common stock. In the event we elect to issue additional shares of common stock in connection with any financing, acquisition or otherwise, current shareholders could find their holdings substantially diluted, which means they will own a smaller percentage of our company. There are also 5 million shares of preferred stock that the board can issue under any terms it wants and without any shareholder approval. Shareholders approved the Company’s proposal to increase the authorized capital and/or a reverse split, the risk described above will is heightened even more.


Thomas Kidrin 11,000,000 (3) 16.5 %
Christopher Ryan 653,252 (4) 1.1 %
Robert Fireman 140,000 (5)(7) *
Bernard Stolar 140,000 (5)(7) *
Leonard Toboroff 250,000 (6)(7) *
Peter N. Christos 250,000 (6)(7) *

All directors and executive officers as a group (one person) 12,433,252 (8)

(3) Includes 8.5 million currently exercisable stock options and 1.5 million which are not currently exercisable.
(4) Includes 280,000 currently exercisable stock options.
(5) Consists of 40,000 stock options which are currently exercisable and 100,000 stock options which are currently not exercisable.
(6) Consists of 250,000 stock options which are currently not exercisable.
(7) Does not include 100,000 options issuable as director compensation in 2019 and 2020.
(8) Includes 8,820,000 currently exercisable stock options and 2,150,000 stock options that are currently not exercisable, but excludes 800,000 shares underlying stock options which are owed but unissued.

BOSTON, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Worlds Inc. (OTCQB:WDDD) has implemented a 5 to 1 reverse stock split of the Company’s common shares, effective February 9, 2018, to facilitate the recently announced warrant exercise of its investor group. The Company's common stock will begin trading on a split-adjusted basis as of the opening of trading on February 9, 2018. The new CUSIP number for the common stock following the reverse stock split will be 98159J200.

CEO Thom Kidrin stated, “As the number of our authorized outstanding shares was not sufficient to cover the warrant exercise, the company was required to implement a reverse stock split of our common shares to facilitate the issuance of the warrant conversion shares to our warrant holders. Following prior approval by our shareholders of a range for the stock split, we determined that a 5 to 1 reverse split was a reasonable ratio in order to fulfill our legal obligation to our investors and to allow the Company to receive the warrant exercise funds.”

Kidrin added, “The company is now financially well positioned through the warrant exercise and sale of a portion of our equity shares in MariMed Inc. to pursue potential infringers of our patents and capable of sustaining a prolonged litigation strategy.”

As of February 8, 2018, the Company had 246,773,331 common shares issued and outstanding. Effecting the reverse stock split will reduce the number of issued and outstanding common shares to approximately 49,354,704 shares (as may be adjusted due to rounding). No fractional shares will be issued in connection with the reverse split of the issued common stock. Shareholders with shares held in certificate form will receive instructions from the Company's transfer agent for exchanging their stock certificates for a new certificate representing the shares of common stock resulting from the reverse split. Shareholders with shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the reverse stock split reflected in their accounts on or after February 8, 2018.

Will fix later i guess. But those are the 2 numbers on shares per last 10-K. And their 10-k quote at end of that post does list that 56mil number as their OS. Outstanding shares is all shares. Authorized is issued shares. Is my understanding. So pretty sure that is right though. But will check later ...ahh I see my issue. AS is actually 250 million. OS is that 56 mil number. The other number is issued shareshope that makes sense. Hate using phone for this

will post all of the info in regards to lawsuit and everything else. No power down in Houston. Waiting for power.

Give it a rest already. Can't read posts, but they are negative. See what I mean?

Breaking it up into a few posts of a breakdown of WDDD

Share Structure

OS- 56,814,833
AS- 49,354,666- So roughly 7.5 million shares in treasury unissued.
Insiders and 10-K lists- 12,433,252
Private placements-
2,700,000
10,500,500
14,000,000 (this was 35,000,000 shares and 35,000,000 warrants issued just previous to the 5/1 reverse split-

So about 10,000,000 shares to be traded. The case vs ATVI was filed in 2012 and the singular most definitive source for all things WDDD investing is located at Investors Hub where a substantial base of longs have been investing since then and have added along the way
over the past 9 years. Many investors have come and gone, and new investors are appearing every day with many older investors returning as the timeline begins to shrink again. The members of that board alone account with a rough conservative estimate between 3-7 million shares leaving between 3-7 million shares to be traded not locked up in long or insider hands.
A recent spike in volume at the end of 2020 of about 5.5 million shares drove up the price per share from roughly .30 to .69 in 1 day of trading. This was due to some mix up of tickers and new investors coming into WDDD at that time, but most leaving shortly thereafter
where the price resumed the .30-.36 trading range it was in. Since the 2021 began and court dates have come on gone the price has steadily risen on small to medium volume to a high of .70 during the week of Feb 7-12th. The reason all of this is important is
as court dates pass, any positive news, or new investors coming in the price steadily will rise leading up to a posted Jury trial date coming after Sept of 2021 for ATVI and a posted Jury trial date for the Linden Labs suit in Jan of 2022. These dates can be found in WDDD SEC filings. As the available shares to be traded continues to shrink scarcity will continue to drive PPS up and as the volume increases the PPS will increase exponentially.

Risks involved with share structure-
Pre 2016 the OS was at 250,000,000 shares, in 2016 a 5 to 1 reverse split was enacted. Thom Kidrin has been a great steward for the company and is the largest shareholder. I state this because his interests and the interests of the company therefore
are in line with shareholders. For the last 9 years there has been opportunities for dilution (some minor dilution did occur), but WDDD management has avoided it for the most part. They did get in a bad financing deal with Hudson Valley at 1 point, but since then the company has avoided
any toxic financing or dilution to fund their ongoing litigations. IN fact they split off part of their holdings, changed that company name to Marimed and sold shares of MRMD for a tidy profit along the way. The current risk is that WDDD can move their OS back to 250,000,000
which would dilute current shareholders. The likelihood of this happening is small, but it is stated clearly in their 10-K's.
Possible issuances of our capital stock would cause dilution to our existing shareholders.

While we currently have 56,814,833 shares of common stock outstanding after implementing the 5 to 1 reverse split in 2018, we are authorized to issue up to 250,000,000 shares of common stock. In the event we elect to issue additional shares of common stock in connection with any financing, acquisition or otherwise, current shareholders could find their holdings substantially diluted, which means they will own a smaller percentage of our company. There are also 5 million shares of preferred stock that the board can issue under any terms it wants and without any shareholder approval. Shareholders approved the Company’s proposal to increase the authorized capital and/or a reverse split, the risk described above will is heightened even more.


Thomas Kidrin 11,000,000 (3) 16.5 %
Christopher Ryan 653,252 (4) 1.1 %
Robert Fireman 140,000 (5)(7) *
Bernard Stolar 140,000 (5)(7) *
Leonard Toboroff 250,000 (6)(7) *
Peter N. Christos 250,000 (6)(7) *

All directors and executive officers as a group (one person) 12,433,252 (8)

(3) Includes 8.5 million currently exercisable stock options and 1.5 million which are not currently exercisable.
(4) Includes 280,000 currently exercisable stock options.
(5) Consists of 40,000 stock options which are currently exercisable and 100,000 stock options which are currently not exercisable.
(6) Consists of 250,000 stock options which are currently not exercisable.
(7) Does not include 100,000 options issuable as director compensation in 2019 and 2020.
(8) Includes 8,820,000 currently exercisable stock options and 2,150,000 stock options that are currently not exercisable, but excludes 800,000 shares underlying stock options which are owed but unissued.

The general consensus is it is not an issue, Casper is a solid judge. Many reasons and thoughts why it should go wddd way when handed down. We just counting down calendar days, and I personally waiting for that June date in Microsoft ipr case. We clear that and im in way heavier than now, will have to pay a lot more at that time, but I'm okay with that being as that we will be avoiding that extended timeline again.

101 basically is can't patent software. That's the really simplistic version. Trying to get patents thrown out/invalidated along those grounds as it is the simplest way to get non hardware computer patents tossed. PTAB & CAFC , 2 higher courts who deal with this type of thing predominantly, have already passed the 101 test. Casper would have to go against both courts to invalidate patents through a 101 decision.

I will do a thorough write up and post sometime this weekend. Anybody a long time reddit user? If so they can post there if wanted. Or anybody is free to post if like anywhere you want. It will be thorough covering past and present share structure, court dates, history of company, and yes will include risks ahead.

You missed the point of the post. I was talking about shares to be traded. Yes it was a lot of people who got in by mistake. We had 5.5 million shares traded that day, yet the price did not skyrocket. Meaning there is more than just a million shares out there being traded. It went up substantially, but if the public float is as sma as some would suggest it would have gone much higher being as the same shares were being traded multiple times.

Interesting that ETRF is not on MM list today.
GTSM is the old CANT right?

I was pretty amazed it was there. KNowing what I know and past discussions in regards to a few posters here and possible Thom reading this board.
The only truly active WDDD board.

I wanted to get all you pearls of insight together in 1 post for the day so far. I am so glad your contribution for today is below. It REALLY added a lot to todays discussion, so full of real information regarding WDDD. Really helpful info you shared today, and well everyday not sure how any of us make rational wise decisions in regards to this stock without your 2 cents

Frankly, this stock is way too risky for you. You should seek calmer waters. Since you feel compelled to advise everyone else, here is some advice for you.


Let's condense this post like the hundreds before it. Yes, life is fraught with risks, so are penny stocks.

Give White Coal a break, the guy was hardest hit by the latest rise in share price. After investing so much time and posts into trashing WDDD, it must be a bitter pill to swallow.

Nobody here ignores the risks. But that doesn't mean we have to be reminded of them 50 times a day.

Frankly, this stock is way too risky for you. You should seek calmer waters. Since you feel compelled to advise everyone else, here is some advice for you.

When did WDDD add this message board link to their homepage?
Nice

http://worlds.com/message-boards.php

Anybody know the Authorized shares number?
Last I saw was about 49 million

No. With private placement that accounts for more than 50% of OS.
There is also unissued shares to deal with. The next post you saw has the private placement nunbers in it. No sure about the 2016 what happened with that 14 million shares(actually 35mil shares and 35 million warrants placed before RS), but the other 2 from 2018 are on Thom side, so Thom and 10-K listings numbers without 2018 puts controlled shares above 26 mmil
with 2016 puts at 40 million.

SEC filing 2018 form 13-G for Christopher J. Coghlin 2.7 mil shares
S1 form from 2018 also has 10.5 million shares for public offering

Pre RS they did 70 mil shares as well in 2016

2.7
10.5
13.3- 26.5 million shares

Possibly another 14 mil from 2016 would put it at roughly 40 million

I can't imagine it is only around a million shares in public float as we traded 5.5 million shares when we spiked to .69.

leaving a gap of 16 million for unissued shares and publicly traded.
easily less than 10 mil shares out in the open not locked up in some way, Probably much less than that but well above the 1 million I saw from someone else...but that is just a quick research job I didn't go back further than that though. That is all per SEC filings.

Rgar list was just insidrs the only 1 being Thom and directors and such. There was some private placements awhile back, but I assume they where not high enough % to any 1 investor.
Those numbers are correct as per last 10-k.
I would conservatively think Thom, the guys listed and the rest of Thom people would account for about 15-17 million.
I am not sure how many have not been issued yet, but there is a reserve in treasury I would imagine.

This is from last 10-k the next 10-K is due end of march so will get updated numbers then. BUt basically 13.2 million shares among the guys listed below. Last I saw Hudson still owns 120k shares as of 13/31/2019


Holders-----As of December 31, 2019, we had 613 shareholders of record of our common stock and an unknown, but assumed to be significant, number of additional holders in “street name”.

percentage of shares beneficially owned is based on there having been 56,814,833 shares of common stock outstanding

Thomas Kidrin 11,000,000 (3) 16.5 %
Christopher Ryan 653,252 (4) 1.1 %
Robert Fireman 140,000 (5)(7) *
Bernard Stolar 140,000 (5)(7) *
Leonard Toboroff 250,000 (6)(7) *
Peter N. Christos 250,000 (6)(7) *

All directors and executive officers as a group (one person) 12,433,252 (8)

(3) Includes 8.5 million currently exercisable stock options and 1.5 million which are not currently exercisable.



(4) Includes 280,000 currently exercisable stock options.



(5) Consists of 40,000 stock options which are currently exercisable and 100,000 stock options which are currently not exercisable.



(6) Consists of 250,000 stock options which are currently not exercisable.



(7) Does not include 100,000 options issuable as director compensation in 2019 and 2020.



(8) Includes 8,820,000 currently exercisable stock options and 2,150,000 stock options that are currently not exercisable, but excludes 800,000 shares underlying stock options which are owed but unissued.

Question...think yesterday spike was a few with hurts feels that started buying up shares to make themselves feel better?

I think we will see some random spikes over the next month or so with stimulus checks and tax returns. Still a lot of longs that add when they can with extra available cash.

Question...think yesterday spike was a few with hurts feels that started buying up shares to make themselves feel better?

I think we will see some random spikes over the next month or so with stimulus checks and tax returns. Still a lot of longs that add when they can with extra available cash.

Have you looked at short interest?
That is another thing I never understand, this mythical short position
that is always out there being talked about.
It is VERY expensive to short penny stocks, and this does not have enough volume to short. I personally am not trying to motivate anyone.
I have not suggested this will go to zer0, I have not suggested you should sell any shares at all recently.
I am very happy when the price goes up, I am not worried about my position at all. Think we will clear 101, my next biggest concern is that June Microsoft IPR where I will likely reduce my position some in May...and if IPR is granted will sell all my shares and wait till that gets cleared before getting back.
Same as always there is smoney to be made here.
Just saying be aware of the possible outcomes because someone always gets left holding the bag IF things go south in a hurry.

If anybody wants to add official dates on this please do...
will be nice to have a document that is updated.
Any info on the other Judge calendar also would be nice to add.
as well as any other info related to the 3 current cases.


WDDD Updated most recent calendar v ATVI
Judge Denise J. Casper: ELECTRONIC ORDER entered granting 299 Motion to Amend Schedule.
Fact discovery to be completed by 2/18/21.
Worlds Narrowing of Asserted Claims 2/25/21.
Activision's Narrowing of Prior Art by 3/11/21.
Opening Expert Reports by 3/25/21.
Rebuttal Expert Reports by 4/29/21.
Close of Expert Discovery by 5/20/21.
Dispositive Motions and Daubert Motions by 6/17/21.
Opposition to Dispositive Motions and Daubert Motions by 7/15/21.
Reply Briefs in Support of Dispositive and Daubert Motions by 7/29/21. (Hourihan, Lisa) (Entered: 01/07/2021)

Microsoft case-

Case 6:20-cv-00872-ADA Document 22 Filed 12/04/20 Page 1 of 12
IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF TEXAS WACO DIVISION
§ WORLDS INC., §
DEFENDANT MICROSOFT CORPORATION’S OPPOSED MOTION TO STAY LITIGATION PENDING INTER PARTES REVIEW OF THE PATENT-IN-SUIT
This action presents an extraordinary case for a stay pending inter partes review (“IPR”). It involves an expired patent already found unpatentable in an IPR vacated by the Federal Circuit only because it found that the petition was technically barred due a real-party-in-interest issue. The identical—and successful—grounds from that earlier petition are now before the Board again in a new petition that lacks the earlier procedural defect. Moreover, the patent-in-suit is subject to an additional ground in the IPR petition and a pending summary judgment motion for invalidity under § 101 in co-pending litigation in the District of Massachusetts. The patent is expired, so Worlds will not suffer prejudice from a stay. This case is in the very earliest stages; Microsoft filed its IPR before it filed its Rule 12(b)(6) motion to dismiss the complaint. The institution decision is due by June 3, 2021, and the final written decision will issue by June 3, 2022. Even given the speed of this Court’s typical case schedule, the final written decisions will issue at least contemporaneously with—if not before—the anticipated trial date.
The ’501 patent is invalid. The only outstanding question is what jurisdiction—the Patent Trial and Appeal Board (“PTAB”), the District of Massachusetts, or this Court—will be the one to confirm invalidity again after the PTAB’s earlier decision was vacated for non-merits reasons.
Plaintiff,
v. § MICROSOFT CORPORATION, §
§ Defendant. §
CIVIL ACTION NO. 6:20-cv-872-ADA

From 10-Q back in NOvember

Item 1. Legal Proceedings.



The Company is seeking damages for patent infringement of the Company’s patents in three active proceedings. The first proceeding, filed by the Company against Activision Blizzard, Inc., Blizzard Entertainment, Inc., and Activision Publishing, Inc. in the U.S. District Court for the District of Massachusetts in 2012, was temporarily stayed in 2015. In April 2020, U.S. District Judge Denise Casper lifted the stay and entered a schedule to complete the case. The Company also filed a complaint for patent infringement against Linden Research, Inc., d/b/a Linden Lab in the U.S. District Court for the District of Delaware in 2019, and a complaint for patent infringement against Microsoft Corporation in the U.S. District Court for the Western District of Texas in September, 2020.



1. Company’s Lawsuit Against Activision Entities

The Company's lawsuit against the Activision entities, filed in 2012, was stayed in 2015 pending the outcome of nine Inter Partes Review (“IPR”) petitions filed by Bungie, Inc. to the U.S. Patent & Trademark Office's Patent Trial and Appeal Board (“PTAB”). Those IPR proceedings were concluded in Company's favor on January 14, 2020, with the majority of the challenged claims surviving Bungie's challenges. Returning to its District Court litigation, the Company asked that Judge Casper lift the stay and allow the Company to proceed in its lawsuit for patent infringement of the Company’s patents against the Activision entities.


On April 17, 2020, Judge Casper issued an Order lifting the stay, and setting a pre-trial schedule, with a final pretrial conference and trial to occur at a date to be determined after September 24, 2021. The Court's schedule is as follows:

• Fact discovery resumes April 21, 2020. Date by which counsel to meet/confer regarding estoppel issue May 5, 2020. Worlds' narrowed election of asserted claims May 5, 2020. Activision's 35 U.S.C. 101 motion due May 19, 2020. Worlds' opposition to the 35 U.S.C. 101 motion due September 9, 2020. Activision's 35 U.S.C. 101 reply brief due September 23, 2020. Hearing on Activision's 35 U.S.C. 101 motion July 22, 2020 at 3:00 p.m.


• Close of Fact Discovery January 14, 2021. Worlds' Narrowing of Asserted Claims (No more than 3 claims per patent; 15 claims maximum) January 21, 2021. Activision's Narrowing of Prior Art (No more than 7 prior art references per patent; 20 references total) February 4, 2021.


• Status conference February 8, 2021 at 2:00 p.m. Opening expert reports February 18, 2021. Rebuttal expert reports March 25, 2021. Close of Expert Discovery April 15, 2021.


• Dispositive motions (can address estoppel issue If still disputed)/Daubert motions due May 13, 2021. Opposition to Dispositive motions/Daubert motions due September 10, 2021. Reply briefs in support of Dispositive motions/Daubert motions due September 24, 2021. Hearing on dispositive motions/Daubert hearing TBD. Final Election deadlines and Final Pretrial Conference TBD.


2. Company’s Lawsuit Against Linden Research, Inc. d/b/a Linden Lab


On September 20, 2019, the Company filed a lawsuit against Linden Research, Inc., d/b/a Linden Lab (“Linden”) in the U.S. District Court for the District of Delaware for patent infringement of the Company’s U.S. Patent No. 7,181,690. This case was assigned to U.S. District Judge Maryellen Noreika. On December 2, 2019, Linden answered the Complaint, denying that it has committed patent infringement. On January 8, 2020, the Court entered a Scheduling Order, setting deadlines for Fact Discovery and Contentions, Claim Construction, Expert Discovery, Summary Judgment, and Trial Phase. A claim construction hearing (“Markman” hearing) is scheduled for November 13, 2020. The scheduled trial date is January 31, 2022.



3. Company’s Lawsuit Against Microsoft Corporation


On September 25, 2020, the Company filed a lawsuit against Microsoft Corporation (“Microsoft”) in the U.S. District Court for the Western District of Texas for patent infringement of the Company’s U.S. Patent No. 8,082,501. This case was assigned to U.S. District Judge Alan D. Albright. By Microsoft’s request, Microsoft’s deadline to answer Worlds’ complaint and the accompanying allegations has been set for December 4, 2020.

Something to watch. Microsoft has IPR filed, They have anything to do with putting in new PTAB director, that is very bad.

https://www.reuters.com/article/usa-tech-biden-insight/big-techs-stealth-push-to-influence-the-biden-administration-idUSKBN28V170

The agency’s direction in Biden’s administration depends on who the president-elect chooses to lead it, but Chien’s role on the agency review group suggests that challengers may have more success in persuading its Patent Trial and Appeal Board to review granted patents, Matthias A. Kamber, a partner at Keker, Van Nest & Peters LLP, said.

Chien “has her finger on the pulse of what’s going on with the tech companies in Silicon Valley and what issues they’re facing,” Kamber said. Patent board denials are a trend “not a lot of tech companies have liked.”

In prepared congressional testimony for a 2019 Senate Judiciary subcommittee hearing, Chien said the agency’s process for examining patents “has a high tolerance for examiner mistakes, because it allows applicants to refile their rejected applications, and in many cases, get these cases allowed.”

In 2019, Chien signed onto a letter with other law professors in opposition to legislation that would make it easier for companies to fend off PTO administrative law challenges to their patents. The legislation, the professors wrote, would undermine the PTO’s Patent Trial and Appeal Board inter partes review trials, “potentially leading to increases in patent litigation and unmerited settlements based on patents the PTO should have never granted.”

and

Chien has undertaken significant scholarship on patents, including work characterizing patent assertion entities as “patent trolls.” In a 2013 report supported by the New America Foundation, she noted how startups could potentially be “helped as well as harmed by entities that assert patents as a business.”

Agency observers say Chien’s selection for the review team hints that the agency may tighten its criteria for issuing patents, as well as grant more challenges to existing ones.

https://news.bloomberglaw.com/ip-law/chien-brings-skeptical-eye-to-patent-office-in-commerce-review

It is a good read actually. ATVI lawyers do their homework, Obama admin the PTAB was horrible for us, Trump PTAB was good...another change in landscape could be coming down the pipe that IPR's granted will be easier and more detrimental again