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It is a bit hard for me to see ANY strategy given the current state of play. If you are currently long, you would have to have a ton of shares to make a meaningful trade with this trading range and even then the volume would not support this strategy. Same problem if you are short. I see two options. Take any gains you may still have in small bites (this will take awhile). Or eat your losses, save on taxes and move on to greener pastures. Otherwise, I think we are stuck here waiting for the CAFC. What strategy am I missing?
I obviously don't know Thom, but is a bit hard to swallow his taking $295K out of cash-poor WDDD when it appears the lawyers are doing all of the heavy lifting. I wonder how much he is making at RLBD?
This has probably been discussed before, but are the CAFC judges selected randomly, by case load or by prior experience/expertise?
WOW!!!! And thanks for the effort! A ton of techie stuff here that hurts my head but it seems like WDDD has done a thorough job refuting Casper's decision. We can only hope the appeal gets accepted first. Then approved second.
Sorry for my post on WDDD owning 5+M shares of MRMD. I was going on memory without checking...never a good idea. I would still like an answer ref my question on WDDD's position (if any) in RLBD.
Thanks for that info
WDDD reportedly owns 5 million + shares of MRMD. How much RLBD do they own? I don't mean how much Thom owns. How much RLBD do WE own?
Thanks for that info. If I understand it, WDDD can choose to disclose the Lindon deal in a quarterly or wait for an auditor's opinion on the annual. I would sure hope an auditor would find it "material" otherwise, given our current sad state of financial affairs, that would mean the Lindon settlement must have been tiny.
Is there a deadline for WDDD to publish quarterly/annual financials? It will be interesting to see the Lindon settlement (can they bury it under the guise of confidentiality???). Also would be nice to see how they carry the MRMD shares on their books. Inquiring minds want to know :)
I think only the lawyers will get rich in this one. I wonder when the bill will arrive at WDDD for our guys??
Just for clarification, I was NOT talking about moving on to RLBD!!
Just out of curiosity, doing some very rudimentary research on RLBD. Seems like Thom has built a "mini-empire" there with subsidiaries across several diverse enterprises. One has to wonder if he has taken a "whatever" approach to WDDD's old and tenuous patents and basically has moved on. Only the apparent loyalty of WDDD's legal team gives me much hope. If they also move on, it may be time to take my tax losses and do likewise. Only time will tell.
You are right. I forgot about Linden. Would be nice to see that $$ amount in the Quarterlies. Not so sure Microsoft is so good news but hopefully. Just seems like Thom could do a better job of keeping our spirits up. But, it could be that he has nothing positive to say.
In the last year, I don't recall ANY good news. Lots of promising speculation. Plenty of hope. Maybe even a prayer or two. But actual news??? None.
Since it appears that Thom is CEO of RLBD and CASH as well as a significant shareholder in MRMD, one must at least ask if WDDD and their patent battle is a sideline issue for him. Seems to have a lot of irons in the weed space. Just a question??
So is the consensus that while we wait for the court decision, we should bu RNLD I already have a bunch of MRMD
There is a nuance here that should not be overlooked. Without being able to read Casper's mind, we really have no way of KNOWING her motivation. All we can do is speculate. You felt that politics might be at play and, to your credit, stated that clearly and often prior to the 101 decision. If you repositioned your holdings based on that speculation, congratulations. Those who speculated differently were not as fortunate. But, at the end of the day, it comes down to speculation. Politics, laziness, poor reading of case law, desire to clear her docket after 10 years??? Nobody really knows. Sadly, we will probably never know her motivation (although if she gets a promotion your political speculation takes on added value). We all hope for a winning appeal but realistically we should all prepare for the worst case. JMHO
You certainly have every right to keep your interaction with Thom confidential. However, if Thom insisted on confidentiality, that would create a sticky situation at best.
I was among those who fell for the Covid testing kiosks back in Aug. Unlike most though, I became intrigued by the potential and the fact that so many had stayed in for so long. I decided to stay. Then I added, then I added more until now I am pretty deeply "in" (by my modest standards). I value the insight many here bring to the board and appreciate 90% of what gets posted here. Hope springs eternal!
I guess we can sell a few shares of MRMD to cover ACTVI attorney fees? :(:(
Took some tiny nibbles at .09 in anticipation of the "news" :)
I nibbled a bit today at .111. Bringing the average PPS down a little.
I was excited when I saw 20 new posts, thinking I would learn something about my investment in WDDD. What did I get instead? Total BS. Thanks a lot!
I own a bunch of MRMD. Hoping for a win-win with WDDD.
MRMD over a buck today on 4M traded.
Some have posted that WDDD still owns 2.5M shares of MRMD. I wonder if that was part of Thom's "settlement" with MRMD? It sounds like it was not a friendly separation.
Lots of talk about settlements and possible PPS. The math is fun but is it wishful thinking or does someone know something other than the volume spike? I guess we might know about Linden tomorrow??
Perhaps ShadowSpy69 with his TOS access could shed light on where Friday's volume came from.
We all make our own decisions. Your decision is to call others "schmucks" for their decisions. I hope you are successful in your investing decisions.
I have a small position in AXL so I will watching this case also. Hoping for a win there and a solid precedent for WDDD to build on.
Dare I ask where is "our other board"? Is it perhaps an "invite only" board?
In the last few days I think I detect a serious case of self absorption on here. I am as disappointed as everyone over the travesty of justice evident in the 101 decision and I remain hopeful we will prevail on appeal. But those of you who are calling for FBI investigations or SCUTUS intervention are not being realistic. WDDD is pretty much a shell company with what many seem to consider frivolous patent infringement claims against the giants. Truth is, nobody not directly involved in this case cares. Don't expect any national outrage (who reads PACER anyway?). Trying to connect our case to the obvious drift to socialism and gov't control feels good but again in reality we are just a knat in that sad game.. FWIW, I was a buyer yesterday and today but I am not expecting great things. It is a classic risk/reward scenario and I am willing to take the risk (at least for now).
Thanks for that link. Great summary. I learned a lot.
Frenzied trading seems to have quieted down for time being. I was able to add more at .07. Still underwater but averaging down :)
When would they be required to tell us if/when S&G bailed? Quarterly maybe? Material event?
A trading halt only matters if you are trying to buy/sell. I agree selling may be harder since buyers will be fewer and waiting for the "fire sale". I don't know what triggers a halt on OTC but suspect that dip to .26 was brief enough to avoid it. At any rate, I hope to be a buyer so we'll see.
I asked this yesterday but no one replied. I know its a guess, but will trading be halted tomorrow if the drop in share price is dramatic?? Any guesses?
It would be nice if Kidron came out with a PR supporting the share price TODAY. I guess he is waiting to see how bad the carnage will be tomorrow?? The answer to that question may be: will the diamond hands stave off the carnage or participate in it?
What are the odds that we get halted on Monday?
Do you think any appeal would also be done on contingency? Does Kidrin really have a lot of cash other than the MRMD shares?