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nothing on Pacer - when the decision is ready that is where it will be posted - all will know at the same time
yes and the grammar is horrible. never mind that they misspelled Davie, Florida!
they just will take what they can and move on - they do not give a second thought about the potential future of Worlds. If they can hurt the company in the process they feel even better. They have done this a hundred times before and will a hundred times in the future with other companies. They are as low as it gets, 100% toxic!
That is how they (and other toxic funds) operate. They do not follow logic, they grab what they can as fast as they can and move on to the next sucker. 8M shares at 10 cents is still $800k with no cost attached. Seen it too many times.
REH
it is Hudson dumping 1M shares - could be a gift horse but that's up to Casper
I am just trying to point out that i see it even more positive than the article. Having been through some very similar cases prior and seeing the arguments/tactics on both sides sure helps.
1. Susman Godfrey, LLP taking the case on a contingency basis
2. Worlds practicing on their invention since conception and still ongoing with the Worldsplayer - http://www.worlds.net/Worlds/WorldsShaper_Overview.html
3. Judge Casper summary judgement ruling claiming Worlds own practice on their invention was the prior art due to patent office error in referencing the provisional application and thus moving the effective start date out in time beyond 12 months after provisional date - appealable issue - she could have used her discretion and allow the original date as this was clearly and admittedly an error on behalf of the USPTO and not Worlds.
4. USPTO acceptance of all 52 claims - see worlds patents here: http://www.worlds.net/patentinformation.html
5. Judge Casper's first patent case resulting in time being stretched for Markman ruling due to her goal of getting it right and avoid falling in appealable traps. we could expect a ruling at any moment now that we are 6 months beyond markman hearing
6. Markman will set a precedence as far as other infringers and if positive should bring these to the licensing/settlement table
7. Potential damages from this trial alone: $100-$500M. License fees, settlement from others could add a few hundred million
IMHO we can expect a favorable ruling and subsequent $1+ stock price. Then trial date and possible settlement but ACTV might decide to play the delay game in which case the stock will again suffer.
Just my opinion, do your own DD
except that their sole purpose was never licensing, they practiced on their invention. companies who's sole purpose is licensing are the companies being tagged as patent trolls.
well done with the low of the day being $0.0015
YOU SAID:
"If they developed the technology for the sole purpose of licensing it out to companies like Activision, what’s wrong with that? The patent system must provide incentive for monetizing innovation so innovation can keep happening at a rapid pace."
THEY DID NOT DO THAT, THEY DEVELOPED IT TO USE IT AND CAN THUS NOT BE LABELED A TROLL. THEY DID INDEED PRACTICE ON THEIR INVENTION. MAKES A BIG DIFFERENCE.
I agree and based on my DD I am very much bullish to the point where i think we can leave the sub-penny's inside a short time.
We produce the highest quality e-liquids in the world and can prove it. Our e-liquids are unmatched by any competitor in terms of their purity, high quality, and the steps that we take to protect our customers. All our e-liquids are formulated and mixed exclusively in the U.S. by an FDA registered laboratory by degreed professionals, in accordance with cGMP guidelines (21 CFR part 111). All our e-liquid ingredients are quarantined before use, and must pass an independent, third party laboratory test for purity. All our key ingredients are United States Pharmacopeia ("USP") grade and kosher. We would never use diethylene glycol or toxic substances in any of our formulas. We don't believe that the FDA found any such substance in any of our e-liquids but found it in the e-liquid of one of our competitors who has less rigid standards. Our lab carefully tests each batch of our e-liquid by high pressure liquid chromatograph to verify that we have the right levels of ingredients. None of our competitors, bigger or smaller, go to the extreme of quality testing that we do. Our quality is a fundamental pillar of our competitive advantage. Because of all of this and because we know that we are the established benchmark standard in e-liquid purity and quality, we welcome future FDA jurisdiction over our category and their issuance of quality guidelines to the industry. It can only help to increase the confidence of our customers in our products quality and safety. When the forthcoming FDA standards arrive, we know that we will be able to easily meet or exceed them."
from: http://www.marketwatch.com/story/vapor-group-inc-vpor-thanks-and-responds-to-thestreetcom-2014-05-07
I believe you're right. IF they manage to pay off debt in short order they should also be able to retire a large number of shares now allocated for conversion. Combine this with revenue (and hopefully profit) growth and we will move north for certain. This is simple math.
If one believes:
Significant revenue growth
Profitability
Large volume of shares retired
No or very limited insider selling
New Distribution agreements coming
then at this price we are looking a gift horse right in the mouth.
I guess Q1 report will show us the landscape
yeah, just wonder why they didn't say "as of the day of this report the debt has been reduced to $1,441,314 from $3,399,543"" instead of "for the period ended December 31, 2014, would be reduced to $1,441,314 from $3,399,543"
Since January 1, 2015, the Company has directly paid down in cash $285,987.99 in principal, interest and additional fees and penalties (the “Prepayments”) specific to early payments of portions of the outstanding balances of “Convertible notes payable” and “Accrued Interest“ stated on its Consolidated Balance Sheet which for the period ended December 31, 2014 were $3,153,792 and $245,751 respectively, or a total of $3,399,543.
In addition, from January 1, 2015 through March 30, 2015, several respective note holders of various and specific “Convertible notes payable” converted $1,738,614 of the aggregate principal and interest, as reported for the period ended December 31, 2014, of the total of “Convertible notes payable” and “Accrued Interest” into shares of common stock of the Company, in accordance with federal law and regulation (the “Conversions”).
35
Adjusted for the Prepayments, net of fees and penalties, and the Conversions, which together total $1,958,229 in reduction of such debt, the remaining outstanding balance of “Convertible notes payable” and “Accrued Interest” on the Consolidated Balance Sheet for the period ended December 31, 2014, would be reduced to $1,441,314 from $3,399,543.
any new debt signed after dec 2014?
WE WILL HAVE TO ENDURE ANOTHER MILLION SHARES - TO SOME THAT MIGHT BE A GREAT OPPORTUNITY. CASPER HOLDS THE CARDS AT THIS POINT.
YOU WOULD WANT TO FIRST GET RID OF ALL DEBT. SHARE BUYBACK ANNOUNCEMENT WOULD INCREASE THE STOCK PRICE AND NOTE HOLDERS WOULD BE CONVERTING HAND OVER FOOT WHICH IS FURTHER DILUTION AND SUBSEQUENT DOWNWARD PRESSURE.
AFTER LOANS ARE PAID OFF A LOT OF SHARES NOW LOCKED UP SHOULD GET RETIRED AND THUS REDUCE THE OUTSTANDING.
THEN YOU TAKE A LOOK AT THE BUSINESS, PROFIT AND CASHFLOW TO EVALUATE YOUR PUBLIC STRATEGY AS FAR AS THE STOCK. THAT MIGHT CONCLUDE WITH A NEED TO MOVE THE STOCK UP TO A HIGHER EXCHANGE AT WHICH POINT YOU SPLIT THE STOCK TO ATTRACT INVESTORS/FIRMS THAT CURRENTLY CANNOT INVEST AS LONG AS IT IS A PENNY STOCK.
AT THE END OF THE DAY BOTH THE COMPANY AND INVESTORS WILL CREATE THE MOST VALUE BASED ON THE STOCK PRICE WHICH SEEMS VERY OBVIOUS BUT OFTEN MISSED BY MANY.
REH
As of the date of this Annual Report, there are 2,658,813,601 shares of common stock issued and outstanding.
I hope this is not information he shares with just people who calls him, that would be sharing insider information. I still do not believe Hudson is not selling looking at the volume and price patterns.
I have not seen anything about 18 cent restriction in the announcement from the company.
They can, have and will
WATCH VPOR POP NEXT WEEK AFTER 2014 NUMBERS - JUST SAYIN - DO YOUR OWN DD
WHY R U HERE?
Number crunching>
assuming 4b shares issued
Price per share $0.002 = Market Cap of $8,000,000
Revenues expected Q4 2014: $1M
Revenues expected 2015: $10-15M
Profit expected 2015: $2M
At price per share of $0.01 market cap would be $40M with 4b shares issued and with a profit of $2M the P/E would be 20
I believe we will have way less than 4b shares issued even after all debt is paid or converted. More realistic IMO is 3b shares issued.
They derive revenues from two different markets: e cigarettes and internet advertising software with the bulk of revenue at the moment from the latter I believe.
I expect Q1 2015 to show revenues of $3-5M and at that point would expect the stock to go to 2 cents/share
Just my 2 cents (pun intended) - do your own DD!
reh
If these guys would issue all authorized shares and the stock went to a penny the market cap would be only $45M. If we expect them to have revenues north of $10M this year that price is not unreasonable. I would like to see how the revenue is between VGR Media and Vapor products. On VGR it looks to me to be very high profit so most revenues would be pure margin. If they got $10M revenue from VGR alone and all shares were issued a penny stock price would represent a P/E of less than 10 which is very reasonable.
My conclusion is that based upon my DD this stock could easily go beyond a penny but just a penny from here is 6-7 return on investment. I guess the Q1 filing expected mid-May will tell the tale.
REH
ps - Do your own DD
another lawsuit against activision:
Acceleration Bay Claims 'Call of Duty' and 'World of Warcraft' Violate Six Patents
March 13, 2015 - GamePolitics Staff
Acceleration Bay LLC has sued Activision Blizzard Inc. claiming that two of the company's biggest franchises violate six of the patents it holds (Civil Action No. 1:15-cv-00228-UNA). We do not have access to the filings or exhibits as of this writing. Acceleration Bay appears to a patent holding company and does not produce any products or services with these patents, according to what we found on its web site. Activision Blizzard has not issued a public statement about the case.
The games mentioned in the patent infringement case that allegedly violate Acceleration Bay's patents include World of Warcraft and the Call of Duty series.
The case was filed in the Delaware District Court in Wilmington, Delaware. A judge has not been assigned to the case.
We will have more on this story as it develops.
http://www.gamepolitics.com/2015/03/13/acceleration-bay-claims-call-duty-and-world-warcraft-violate-six-patents#.VQcbJyvF8RA
while we wait, here's news of a legal nature conserning Activision:
http://abcnews.go.com/US/wireStory/judge-eyes-275m-settlement-activision-shareholder-suit-29395830
buying opportunity imo but lets not have Hudson make too much so I am fine with the price dropping while they dump
Hudson still doing everything they can to hurt the company so if there is any agreement with them as far as price then maybe Worlds can do something. I doubt it so we will see dumping by Hudson until they are out.
JMHO
REH
All i see are "certain volume restrictions". It does NOT say anything about price restrictions. One should assume Hudson will sell all they can until empty. They are not in it for the long run, they dump and move on to the next gullible victim who will take their toxic deal out of desperation - that's their MO.
reh
link to that agreement please. all i see is this with no details:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10425011
reh
HAVE NOT SEEN THAT IN WRITING BUT MIGHT HAVE MISSED IT. I WOULD NOT TRUST THEM TO EVEN IF THEY SIGNED ONTO IT
HUDSON WON'T STOP UNTIL THEY ARE EMPTY
i forget, did we see that in writing?
also, don't trust those guys anyway
Hudson keeps on dumping. Why companies deal with these gangsters is beyond me.
That's the MO of these types of firms, they just want to cash in and find the next victim. They ruin companies and shareholders but don't care one bit - no wonder they get in trouble with the SEC but they seem to still get away with it. Let them sell - the damage was doing a deal with them in the first place, easy search will tell anyone they are crooks.
Simply that the Judge agrees that Worlds can add new games from Activision to the suit. Will have no impact on the Markman but on the trial as there are more products who will be claimed infringe Worlds patents.