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I don't think you get it:
a. The filed the provisional
b. They started practising on their own invention
c. they filed the full patent within one year
d. they did indeed reference the provisional patent in their full patent application and correspondence with the USPTO but the reference was omitted by the USPTO when they issued the patent.
5. The USPTO corrected THEIR mistake and included the reference to the provisional in 2013
The filed after one year! Go back and read the ruling please
The prior art was Worlds themselves. They practiced on the invention after the filed the provisional. The argument is about reference in the full app to the provisional which is what the USPTO eventually agreed to when the admin error was discovered.
Nothing has changed! Not only can they continue this case but also file again with all docs in order. They could also claim antitrust, go to ITC whci is a much faster venue.
Court Allows Worlds Inc. to Proceed With Patent Infringement Case
Court Allows Worlds Inc. to Proceed With Patent Infringement Case
BOSTON, MA--(Marketwired - Mar 14, 2014) - Judge Denise Casper issued a ruling March 13, 2014 on the Motion for Summary Judgment (MSJ) hearing that allows World's Inc. (OTCBB: WDDD) to proceed with its patent infringement suit against Activision Blizzard, Inc., Blizzard Entertainment, Inc. and Activision Publishing, Inc.'s (Activision). The MSJ hearing held October 17, 2013 addressed Activision's dispute of Worlds Inc.'s November 1995 patent priority date. The court did not dismiss the case as requested by Activision. In fact, the ruling stated, "The Court declines to enter judgment in Defendants' (Activision) favor at this time." Moreover, the court upheld the validity of the patents by ruling; "Indeed, nothing about the Court's order prevents Worlds from asserting infringement from the date of the certificate going forward."
Judge Casper's ruling prevents Worlds Inc. from pursuing damages for the period prior to the U.S. Patent and Trademark Office's (USPTO) issuance of Certificates of Correction on September 24, 2013 that amended Worlds' 6,219,045 and 7,181,790 patents to include comprehensive priority information, which specifically references Worlds' November 1995 provisional patent application and confirms World's 1995 priority date.
"Activision released the multi-player game Call of Duty®: Ghosts after the USPTO issued Certificates of Correction and the game has generated over $1.6 billion in revenue to date, more than $1 billion in the first day of sales alone," stated Thom Kidrin, CEO of Worlds Inc.
The recent Federal Court ruling upholds Worlds' patents as of the date of the Certificates of Correction through the life of the patents at issue. Susman Godfrey, World's legal counsel, is aggressively moving toward securing a Markman date and an eventual trial date.
Kidrin added, "We believe in the validity of Worlds' intellectual property portfolio and, now that we have received an MSJ court ruling, we will continue work with Susman Godfrey to pursue the litigation against Activision per the court's allowance."
In March 2012, Worlds sued Activision in federal court for infringing patents that are based on Worlds' November 1995 provisional patent application.
More information on the lawsuit and Worlds' patents can be found on the Worlds Inc. website at http://www.worlds.com.
About Worlds Inc.:
Worlds Inc. (OTCBB: WDDD) developed software and related technology for the creation of interactive three-dimensional (3D) Internet environments encompassing massively multiplayer online role-playing games (MMORPG). The company's technologies are designed for large-scale communities of simultaneous online users, who interact within online interactive 3D virtual worlds. Worlds intends to monetize its patent portfolio through enforcement, licensing and royalties of its patented technologies. For more information, visit www.worlds.com.
Forward Looking Statements
This release contains certain forward-looking statements and information relating to Worlds Inc. that are based on the beliefs of Worlds' management, as well as assumptions made based upon information currently available to the Company. Such statements reflect the current views of the Company with respect to future events including estimates and projections about its business based on certain assumptions of its management, including those described in this Release. These statements are not guarantees of future performance and involve risk and uncertainties that are difficult to predict, including, among other factors, changes in demand for the Company's services and products, changes in the economic environment and changes in technology. Additional risk factors are included in the Company's public filings with the SEC. Should one or more of these underlying assumptions prove incorrect, actual results may vary materially from those described herein as "hoped," "anticipated," "believed," "estimated," "should," "preparing," "expected," "intends" or words of a similar nature. The Company does not intend to update these forward-looking statements.
Disclaimer with respect to website:
You are advised that the contents of the Company's website are not incorporated by reference into this press release.
Contacts:
Thom Kidrin
CEO
Worlds Inc.
Email Contact
Julie Shepherd
Media relations
Accentuate PR for Worlds Inc.
847 275 3643
Even though Judge Denise claims this is not ruling on technicalities that's exactly what she does in this decision (http://www.scribd.com/doc/212249185/WDDD-SJ-Order).
She concludes that no reference was made to the provisional patent application in the first sentence of the full application but:
a. Worlds got this corrected in 2013 by the USPTO
b. References were made in communications with USPTO in the application process
c. References where made in other subsequent applications filed as continuance in part to the patent application in question
Common sense, which is the main principle behind any law, clearly shows plaintiff's intent. The argument that this would open up a pandoras box regarding prior art fall on it's own unreasonableness as that would not be something that was mentioned in the correct place of the application, never mind that is the also the responsibility of the USPTO beyond what the applicant discloses.
Nothing has changes (other than the stock price as people read the heading and do not read the content) - they will surely file new action.
Bottom line is nobody denies infringement!
From OTC Markets:
Share Structure
Market Value1 $130,302,594 a/o Mar 13, 2014
Shares Outstanding 65,151,297 a/o Mar 20, 2009
Float Not Available
Authorized Shares 500,000,000 a/o May 12, 2009
Par Value No Par Value
SYCRF has a Stop sign on OTC Markets - see http://www.otcmarkets.com/stock/SYCRF/quote
No Information Warning
This company may not be making material information publicly available.
If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
What is insider trading?
Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security.
Rule 10b5-1 provides that a person trades on the basis of material nonpublic information if that person is "aware" of the material nonpublic information at the time of the purchase or sale.
Affiliates, insiders, relatives, or other persons in possession of material information should use extreme caution when buying or selling securities on the basis of material information, particularly in securities where the company is not making adequate current information publicly available as a matter of practice.
Why does OTC Markets display this warning?
Companies that are identified on otcmarkets.com as having “No Information” may be placing their shareholders at risk of violating 10b5-1 insider trading rules. OTC Markets recommends that investors wishing to place a trade in such securities contact the company to verify it is making adequate current information publicly available.
" the Court declines to enter judgment in Defendants’ favor at this time. Instead, the Court ORDERS the parties to meet and confer to discuss whether the appropriate course of action is for the Court to dismiss the instant action (without preventing Worlds from commencing a new action alleging infringement from the date of the certificates going forward), or merely confine this decision to infringement allegedly occurring from the dates the patents issued through the lives of the Patents-In-Suit."
i.e. no judgement for Activision. This will either get settled or continued with probably the addition of a new suit. The prior art argument is bogus as it was an error on the part of the USPTO but the ruling follows the law.
The people that only read the headline run for the hills, read the whole ruling and nothing materially has changed imho
Looks like INTL has been doing most of the selling. See 2,200 shares left but could be more behind. Could be someone with a fair position just wanting out. Looking at the balance sheet/back of the envelope I get to almost $2.50/share liquid. One or two more settlements could easily double that number. Key is getting license back and start writing new business. Uplisting is not crucial yet.
Just my 2 cents
see latest PR posted
WRAPmail, Inc. (OTC: WRAP) announced today that it has received a Patent from the US Patent office for “Method, system and software for dynamically extracting content for integration with electronic mail “
WRAPmail’s CEO, Rolv E. Heggenhougen, has been issued patent number 8572275 on October 29, 2013. The Patent has been assigned to WRAPmail, Inc.
“I am delighted that, after 8 years since the first application, the patent has been granted” says Mr. Heggenhougen who continues “this certifies that what we have developed has a very unique value and something we should be able to capitalize on in many ways”.
Click here for link to the patent
The idea behind WRAPmail is to utilize the facts that almost everyone have websites, social network site(s) and also send emails every day. These emails can become complete marketing tools and help promote, brand, sell and cross-sell in addition to drive traffic to the website and conduct research. WRAPmail is available for free (with 3rd party ads) or for a small license fee. No routines change as users simply download a toolbar or routes emails via Google or WRAPmail’s servers. WRAPmail users can also create ads to place in other (free) users emails.
WRAPmail helps search for missing children with every email sent by free users by incorporating an RSS feed from the Center for Missing and Exploited Children – see Huffington Post article by clicking here.
WRAPmail is available for free and users can sign up directly at the top of www.wrapmail.com
WRAPmail is a Google Apps vendor and also compatible with Google Analytics.
WRAPmail's toolbars are available for Google Chrome, Internet Explorer, Firefox and Safari. They are also compatible with Gmail, AOL, Yahoo, Microsoft, Salesforce.com, Outlook and GoDaddy. The WRAPmail Internet Explorer toolbar is compatible with Sina.com, Sina.cn, 2008.Sina.com, 51uc.com, 163.com, 126.com and yeah.net which are the most used webmail systems in China.
Anyone with a WRAPmail and Pinterest account can have a WRAP made automatically from Facebook, LinkedIn, Google +., YouTube, Tumblr and Pinterest account with one click using the WRAPmaker in the WRAPmail Dashboard.
The WRAPmail iPhone/iPad APP is now available from iTunes. This APP combines Yahoo, AOL, Gmail and Microsoft Live/Hotmail in one APP and any email sent will be WRAPPED in the users WRAP. WRAPmail also has the same APP available for Android.
WRAPmail is a Google Apps vendor and also compatible with Google Analytics.
WRAPmail's revenue models are Advertising Revenue through our own Ad Network where users can advertise in other user's emails (predominantly in the free user's emails), license fees from ad-free and Enterprise clients and Premium licensed Sports Team and Celebrity WRAP Sales to Fans.
WRAPmail will set aside a minimum of 10% of its advertising revenue to share with its free users with its goal that all free users make money every time they send an email.
Forward looking statements and risks and uncertainties
Matters discussed in this press release contain forward-looking statements. The words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect,” and similar expressions identify such forward-looking statements. Expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with, among other things, the impact of economic, competitive, and other factors affecting our operations, markets, products, and performance. The matters discussed herein, including the development of our automated solution creating interactive email letterheads (WRAPS) for Google+ and potential revenue derived therefrom should not be construed in any way, shape or manner of our future financial condition or stock price. For more complete information regarding our business and financial condition, you may access our filings at otcmarkets.com.
WRAPmail Investor Relations:
IR@WRAPmail.com
Phone: (415) 938-7978
www.wrapmail.com
LinkedIn
Twitter
Facebook
Effective tomorrow, 7/2/2013, the ‘D’ will be removed from the symbol and revert back to WRAP
it should unless someone sells below last trade
Shares in your account should just drop down to 1/10th of the number automatically. Might be listed under the old CUSIP number until symbol reverts back to WRAP, old cusip is 98212T104
No idea who Bronson is. Reverse split was effective June 4th and legal opinion has been provided and accepted by DTC. Normally it takes 20 days to revert back from WRAPD to WRAP. Assuming this is working days the stock should revert to WRAP next week.
REH
Authorized remained 400M shares
See updated numbers here: http://www.otcmarkets.com/stock/WRAPD/company-info
There is one shareholder with B-class shares (about 50K shares) and the difference between A and B is that B is non-voting. The split effected both A and B.
There are no preferred shares issued
Feel free to call and leave your number and I am more than happy to talk to you. I have no clue how you think I am making money here by a. working for free, b. funding the company and c. buying stock on the open market. Seems you think I am somehow selling which I am not and which would not be legal.
Of course there is dilution - nobody provides money or services for nothing but if you know someone who will then that would make me very happy!
Again, happy to talk to any shareholder so just give us a call.
REH
ps Any shares that I buy are automatically restricted under the 1% rule. Again, only been buying, not selling. Again II: Working as hard as I can to provide shareholder value and very focused on growing the business but this is not easy without serious funding as pointed out in numerous filings.
yes
Filings are current incl. Q1, 2013
CEO has not sold any shares but only bought
Do not understand your beef here, wonder where you get your motivation from. Happy to talk to you, just call our office number and leave your number.
REH
he didn't but could only have one handle here
If you gift free trading affiliate shares then they stay in affiliate status for 3 months. If you gift the shares and then wait 3 months and have the "gifted" person sell and give the proceeds to the former affiliate one would be breaking the law. If you gift over 5% of outstanding the new owner would be deemed an affiliate an fall under the 1% rule.
An affiliate would only be able to gift the same 1% as no more can be unrestricted every 90 day period. If one gifts restricted shares then a new 12 month restriction would be started for the new owner.
They are by default restricted under the 1% rule and so would any "gifted" shares be! Get your facts straight.
WRAP Security Details
Share Structure
Market Value1 $9,307,566 a/o Oct 07, 2011
Shares Outstanding 155,126,100 a/o Sep 14, 2011
Float 13,743,000 a/o Oct 03, 2011
Authorized Shares 200,000,000 a/o Mar 31, 2011
Par Value No Par Value
Shareholders
Shareholders of Record 50 a/o Jul 07, 2011
Short Selling Data
Short Interest 400 (-90.58%)
Sep 15, 2011
Significant Failures to Deliver No
Transfer Agent(s)
Globex Transfer, LLC
http://www.otcmarkets.com/stock/WRAP/company-info
Fort Lauderdale, September 26, 2011
WRAPmail releases first webmail component for users of webmail from Google, Yahoo, Hotmail, AOL and others
WRAPmail (http://www.WRAPmail.com) (OTC: WRAP) a provider of free and enterprise email branding solutions, today announced that they have made available the first component of their webmail solution built in to the WRAPmail dashboard.
The idea behind WRAPmail is to utilize the facts that all businesses and most individuals have websites and/or belong to one or more social networks. Furthermore we all send emails every day. With WRAPmail these emails can for businesses become branding tools and for individuals they can all have one or more personal interactive stationaries surrounding the text. Personal WRAPS can for example have images/links to Social Networks such as Facebook, Twitter, YouTube and LinkedIn (Nasdaq: LNKD).
A WRAP consists of images and embedded links and 100% customizable by the users so whether one wants to promote ones business offerings or simply create a party invitation it is all possible in the WRAPmaker which is part of the WRAPmail Dashboard.
Windows Live Hotmail (Nasdaq: MSFT), Yahoo (Nasdaq: YHOO), Gmail (Nasdaq: GOOG) and AOL (NYSE: AOL) have almost 1 billion email users among them.
All of these users plus users of any other webmail solution (such as GoDaddy for example) are now able to send WRAPPED emails from the WRAPmail dashboard uniquely available to anyone who signs up for WRAPmail’s free service. They only way to do this earlier would be for them to start using an email client but our research shows that changing from webmail to client-based was a huge obstacle and steep learning curve for most.
In the first component released users can COMPOSE an email, send it and have it arrive to the recipient WRAPPED with a copy stored in a SENT folder.
The next step which we aim to release shortly will be full webmail where users can not only send but also receive emails directly into their unique WRAPmail Dashboard. WRAPmail is compatible with any device with an internet connection and browser.
WRAPmail is currently in the growth stage of the company focusing on growing the number of users. The next stage for the company will be implementation of an ad-revenue model where users will have an option to opt in and share the revenue from 3rd party advertising. With billions of one-on-one emails (not bulk/mass emails) sent every day we believe the ad revenue model has the best potential for our company, users and shareholders alike.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Although expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of WRAPmail, Inc. and are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with: the impact of economic, competitive, and other factors affecting WRAPmail, Inc. and its operations; its markets, products, and performance, and other factors detailed in reports filed by WRAPmail, Inc. with OTC Markets.
WRAPmail Investor Relations: ir@WRAPmailinc.com
Phone: (954) 591-8742
its down again
IV slow as molasses, SI good (and free - http://siliconinvestor.advfn.com/subject.aspx?subjectid=19038) and here
Looks to between IH and SI
First order of business summary of adjudication
I am here, SI, IV and Twitter
REH