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Smart Money
EX CEO Remaining Shares as of yesterday
Scroll to the bottom of the link and look at the amount he is selling. He will not have many days left at the rate he is selling.
http://archive.fast-edgar.com//20140924/A62ZI62FZZ2RCZZ222JP2ZXQTMEUZZ22DS62/
BondsSF You are a funny and obviously angry man.
There is a reason I remain long and continue to add to my position
Personal attacks are not necessary. "Chump"....I laugh as we do not know each other. Grow up and separate your frustration from the remainder of life. You also wrote I am "FOS"...I laugh.... again we do not know each other so might I suggest that you separate your irrational emotions from the synthetic bottoms others are perpetuating via fear mongering, created shorts , and dark pool behavior.
This is my challenge to you. Calm your emotions and sit back and wait. All I did is state what I read in black and white. Now you can choose to be angry and frustrated or not. There is a reason I remain long and continue to add to my position. Where else can you spend .20 cents and receive dollars back?
I will make mine via research and risking what I can afford to loose without the fear mongering, synthetic bottoms, created shorts, and dark pool behavior that others use. Can you say the same?
Have a great day.
WAllWeeD
You do not need to know the every detail over the past 15 years or be an attorney. If you have eight hours to read and think you can get to the heart of the matter and understand what is at stack and then make up your mind. If you begin by reviewing each entry on this board over the past two years. Then go to the link for last October and spend an hour listening to the arguments in front of Federal Judge Casper. Especially the part that ATVI own attorney states that 2 billion of ATVI money is at stake. Then look up the track record of the attorneys involved. Understand that ATVI was given the opportunity years ago to pay for a license but refused. Also understand that the Honorable Judge Casper has previously written in her judgments that ATVI has infringed and by inference continues to willfully do so which is potentially worth three times the judgement. The argument for Markman is over a handful of phrases. If WDDD is successful on any of the fifty infringement claims then there will be a trial in a few months. Most, 80% +/- settle before Markman. Finally, this is not only ATVI this will turn into many other companies being sued so if ATVI is taken down the likes of Disney and EA will also have to settle, In the end do not invest what you cannot afford to loose. You can also look at the potential of a patent infringement if you look up companies PRKR or ACTG.
My question to you is if you knew the success of Google and Microsoft as it is now but before they went public years ago would you have invested in either Google or Microsoft and become a multi millionaire.......would you have taken the risk? In my opinion that is the degree of potential success that is at stake here on this play.
ATVI to Settle with Worlds
I just read that ATVI is completing negotiations to settle this case with Worlds!
I agree but I still want an explanation from PatentPlay...synthetic bottom perhaps...
Patent Play clarify for me one question.
How could this only be a possible 400 million dollar stock when you have EA, Disney, and at least three other major entities that are also infringing with a minimum of 22 billion to apportion. Even ATVI attorney admitted in court they are looking at 2 billion themselves. Please explain the math as I cannot wrap my brain around your open letter to the board. Also do you have any stock in WDDD or is there another motive here. Thank you in advance for your explanation.
The run up can easily be above the .50 cent run up from last year and if there is a clean sweep at the Markman hearing a settlement should be forth coming. However, people have to stop making decisions on fear and remember there is no way ATVI will be able to argue effectively that they did not infringe on some of the 50 complaints. If people will also take the time to read the complaint and stop and think or go ask a computer geek to explain the 50 infringements there is only one conclusion that a reasonable person can conclude. ATVI was also offered a license and refused. Judge Casper has already stated that ATVI has infringed. How much more evidence does a person need to know this is a winner?
For those that operate and live in fear and need to rest easy continue selling low so I and others can add to our lucrative retirements.
$825,000,000
$825,000,000 has been purported in the media within the last week for the sales of two of ATVI top sellers. If you use a 45% apportionment subtract out 40% for Max Tribble subtract out 38% for taxes WDDD shares have gained $138,000,000 in two weeks. If we then divide 138,000,000 by 100,000,000 shares we have 1.38. Then use a conservative multiple of 4; one share should be worth at a minimum of $5.52.
Lets see spend .20 cents and turn that into $5.52. Thank you ATVI only in America.
JMHO
CNBC NEWS CYCLE
I would think that the smart money is quietly selling ATVI before CNBC screams to the world on a 15 minute news cycle that PAYDAY has arrived. PAYDAY for a company that tried to sell a license years ago to ATVI. Will egg need to be wiped from ATVI CEO's face?
First the PRIDE then the fall as I remember it.
When and not if this happens I wonder how the stockholders of ATVI will feel when they realize a minimum of 2 billion dollars of their bank account has been depleted. Yes that is correct, not the board of directors bank account, but THE STOCK HOLDERS BANK ACCOUNT THAT HAS BEEN MIS MANAGED. Can you say fiduciary duties?
The 825 million ATVI made in the last few days is about to be placed into the pockets of WDDD stockholders along with an additional 2 billion dollars the stockholders thought they would have made in the future. Thank you for your generosity due to the arrogant leadership of ATVI.
JMHO
Infringement has occurred...
This perhaps is true but one statement Judge Casper has previously made stands on its own. That statement was the patents were infringed.
The only question now should be the amount of damages.
Not crushed but a few billion lighter in the bank account and then the annual royalties that they will have to pay along with the fifty other titles that will be paying as well. The billions come from Activision attorneys own mouth at the hearing in Delaware in October of 2013. Not to worry as Microsoft, Disney, EA, and a host of others are sure to be in the same boat. These companies would be better off in the long run pooling their resources and buying WDDD out at 35 dollars a share NOW. Either way pay me now or pay me later....YOU WILL PAY ME!
New Infringers Amazon and Microsoft
Has anyone keep up with Amazon buying Twitch and Microsoft spending 2 billion plus dollars within the last week for an on line video game. Has Amazon and Microsoft been added to list of new infringers.
Activision now down $1.20
ACTIVISON DOWN $1.07
Can you post a link of the response?
USPTO Corrected Date
In the past on this board it was stated that the years prior to the USPTO correction priority date of September 2013 could be added to the back end of the life of the patents; if the USPTO were petitioned; due to the error of the USPTO; thereby giving WDDD the full benefit (years) of the patents as opposed to a few years.
Does anyone know if the USPTO has been petitioned for this process or if it is planned by a particular date?
You ended your entry "just an 18 million dollar company". Surely you cannot be implying that for the sole reason of being less than an 18 million dollar company that Susman would settle for anything less than a jury trial
I agree with your thoughts but I was hoping that an attorney, assuming you are not an attorney, would be able to more concisely state based upon law, if this new allowed 10 page filing regarding indefinitevess, due by September 10, could have any bearing upon ending this case before Markham, with prejudice, or as you stated is only a stall tactic and has no merit or bearing as to whether the case moves to Markham or not.
Last week Ropes Gray asked and received approval from Judge Casper for a deadline of September 10, 2014, for both parties to file up to an additional 10 pages on the "indefinitiveness" ruling made by the Supreme Court and to rule in favor of Activision against Worlds for such cause. After both parties have filed the additional documentation if Judge Casper agrees with Activision would that not mean that the case is dead perhaps with prejudice or is it possible that she would only use the ten pages as a consideration and proceed to Markham and then to jury trial.
Doglover your assessment of the current situation does indicate a bleak situation.
However, what if during the next two public forums, one in September and one in October, INVIVO will attend and present demonstrate that there is substance in that there is a first enrollee that has been identified and the scaffold was inserted. Would that not help inflate the stock price?
What if the safety and efficacy of this product is indeed world class...would that not inflate the stock price?
If these two scenarios come to fruition would not those individuals that are currently named in the legal proceedings be richly rewarded? If so, why would they go forward with a law suit.
Lets assume that the plaintiffs are correct and they were painted a false picture. Now lets also assume that the scaffold does work and nerves do in fact grow and reconnect with restored movement then there is no harm no foul.
JMHO
Interesting additional claim construction submitted to the court by the defendant to prove what? Indefinitive\ambiguous... are you kidding me. This should read "Activision grasping for and at straws." Worlds patent(s) are definitive and unambiguous as each group of players define the numbers of additional players allowed within that group.
Coordinates of opposition players not given to stated player(s), opponent, and /or others. Again, are you kidding me? Why not argue latitude and longitude for Saint Louis, Missouri or any other city disregarding the fact that one is a game and the other is reality.
I was under the impression that for this to be adjudicate properly that the laws as they were written at the time of the granted patent(s) apply...not the laws and adjudicated cases in recent history submitted in briefs that supposedly bolsters defendants case.
Wasn't Activision offered a licensing deal by Worlds years ago and they walked. Activision has had full knowledge of there infringement which would mean treble damages.
Why is the defendant waiting now, 37 days, before the Markman hearing to bring additional claim construction arguments. Isn't past three years enough time? Or is this just another ploy to muddy the water in a desperate last ditch attempt to avoid the inevitable?
Can anyone explain these items in lay mans terms?
http://www.rfcexpress.com/lawsuits/patent-lawsuits/massachusetts-district-court/93096/worlds-inc-v-activision-blizzard-inc-et-al/summary/
8/25/2014 145 Markman Brief by Activision Blizzard, Inc., Activision Publishing, Inc., Blizzard Entertainment, Inc.. (Attachments: # 1 Moffa Declaration in support of Supplemental Claim Construction Brief, # 2 Exhibit A to Moffa Declaration - Nautilus, Inc. v. Biosig slip opinion)(Moffa, Matthew) (Entered: 08/25/2014)
8/25/2014 144 Judge Denise J. Casper: ELECTRONIC ORDER entered granting 143 Motion for Leave to File Supplemental Claim Construction Briefs ; Counsel using the Electronic Case Filing System should now file the document for which leave to file has been granted in accordance with the CM/ECF Administrative Procedures. Counsel must include - Leave to file granted on (date of order)- in the caption of the document. (Maynard, Timothy) (Entered: 08/25/2014)
8/22/2014 143 Consent MOTION for Leave to File Supplemental Claim Construction Briefs by Activision Blizzard, Inc., Activision Publishing, Inc., Blizzard Entertainment, Inc.. (Attachments: # 1 Proposed Supplemental Claim Construction Brief Concerning Indefiniteness, # 2 Moffa Declaration in support of Motion, # 3 Exhibit A to Moffa Declaration - Nautilus, Inc. v. Biosig slip opinion, # 4 Exhibit B to Moffa Declaration - Docket Excerpts from Okor v Sega of Am Inc)(Moffa, Matthew) (Entered: 08/22/2014)
The legal fees on this one as I understand it are above and beyond what the infringement settlement and treble will be. I believe my calculations are within reason. I do not believe if a buy out is or will be on the table that my minimum hypothesized number will be agreed upon. I would expect a median of the two numbers. In my mind it would not make long term fiscal sense for any other outcome other than a buyout.
Why is this stock not at the $20 dollar mark and climbing. I offer up the following thoughts. If someone can enlighten me please do so.
Robert Langer an obvious world class modern day Visionary Einstein type of Engineer who has 1000 plus global medical patents with his name and to his credit. Who has from what I can determine through DD a lab name after him at a leading university bar none anywhere in the world.
Robert Langer's colleagues are world renown in the respective fields of endeavor which consequently translate into huge intellectual resources.
Robert Langer was instrumental in achieving a milestone with the FDA by having the intellect and know how to have the Carbon Scaffolds fast tracked as a "Humanitarian Device" and having the "not for profit status" removed by the FDA because it is a Humanitarian Device. Please process this. The "not for profit" status has been lifted which translating into potential revenue in the very near future.
If anyone takes the time to read who the board of directors and key management staff are you would notice one individual who was formerly with Striker. You will notice another with a former employer named Johnson and Johnson Bio Life Sciences. You will notice another with a background of legal filings and governance in the healthcare field. The list goes on and on but needless to say pedigree does matter when you have $200,000,000,000 minimum annual shareholder value at stack every day of each year.
There are now six renown location identified as "treatment facilities", of which two of those locations doctors have been chosen and trained and product sent and received.
The Humanitarian Device "Carbon Scaffold" is expected to receive recipients during the second half of 2014. The second half of 2014 begins in a week. Based upon my DD, observation of the animal trials, the axiom slides included in the presentation on the InvivoTherapeutic.com website conceivably someone could be involved in a horrific accident next week and in twelve to eighteen months from now that individual could be walking as the animal experimentation proved. Will they walk perfectly maybe not, but to have the chance to hold their loved ones hand and take a walk down the beach would be priceless; even if there function was 90% or 95%.
If anyone takes the time to review the latest presentation on the Invivotherapeutic.com web site you will view something nothing short of astounding and miraculous. What you will view are slides of nerve axioms growing out of the Carbon Scaffolds. In my mind this proves the technology. Considering that at this time throughout the world in primary schools, high school biology classes, and colleges premed students are taught to believe that nerve and bone regeneration of this caliber is impossible and the recipient of a horrific accident must accept their fate. Again Robert Langer has proved himself a world class visionary and I believe based upon my DD that history will soon be made.
If anyone where to take the time to review the video of Robert Langer's Presentation posted as #2266 you will not only see this medical breakthrough performed on rats with success but you will see monkeys that have been healed as well.
If anyone will take the time to review the InvivoTherapeutic.com website and the following link http://finance.yahoo.com/news/invivo-therapeutics-initiates-first-clinical-120000897.html, you will see that this is a 10 billion dollar global industry that no company dominates.
If anyone were to take the time to realize and calculate that a 10 billion dollar minimum company with a descent multiple is valued at up to twenty times earnings which in this case is a staggering $200,000,000,000 minimum annually. If you consider the current outstanding shares of 94,000,000 +/- issued shares plus 64,000,000 +/- million share float and let us say for an example there were an additional 100,000,000 shares in warrants would be a total of 258,000,000 divided by $200,000,000,000 would equal a share worth $775.00 which would reflect similar valuations as Google and Amazon. A staggering number but a distinct possibility.
When completing your mathematical calculation please open your mind and understand if Carbon Scaffolds can be used on the spine it can also be used for heart issues, Left Bundle Branch Blockages that effect a myriad of people globally, deformed bones, etc.
If someone where to look into the acquisitions that J&J and Stryker have made in the past I can believe that at a minimum in the near future this is a $70ps minimum in a near future possible buy out up to the lofty heights of $775.00 as a sales team is built, surgeons are trained, supplies are shipped, and the technology is accepted globally by life safety professionals, pro athletes, military organizations, and governments as the preeminent therapy.
My final thought is how much would you pay to have your wife, husband, son, daughter, grandparent, or loved one healed in a timely fashion in order to go to the park or bounce that child freely in their lap. Now I ask you how much would it be worth for insurance companies to save millions of dollars on each person for this treatment versus the lifetime treatment costs incurred. What is the price to the American Military; when high skilled individuals are sent home because they cannot function as needed versus the cost of world class technology that places that soldier back into the mission.
Patience will be rewarded. IMHO
It seems that some have confused a banking spreadsheet with no new novel uses as valid information. Due Diligence is the key and if completed they would have known that "for computer use only" according to the Supreme Court verdict; and is neither new or novel either in American English or the Queens English. Unless you are speaking of the beginning of the internet birth or the beginning of banking software / hardware decades ago.
I suggest to the DIP AND ZIP CROWD to go back and reread the latest USPTO documentation that established the new date as September 2013. In that documentation you will discover why this is a winner. Even to the non tech savvy "normal person" they can understand the two basic Marksmen arguments, (1) the prior art issue (2) number of users at any given moment.
To those that sold on the "zip" as opposed to buying I offer the following:
Despite the fact that Judge Casper suggested that an out of court agreement would be best for all parties concerned; if you bothered to listen and read her words between the lines. Especially for wasting the courts time.
Despite the fact that Activision bought a patent in order to countersue only to have the suit dismissed with prejudice.
Despite the fact that the Delaware Court System utilizes the "In court camera system as a means of expediting a case for the express purpose of completing the case within one calendar year. Both parties did agree to this before October 2013.
Despite the fact that the one calendar year deadline will be in a few months and by the end of October 2014 this should be a dead issue. Barring a Supreme Court Appeal and assuming they accept to hear the case.
Despite the fact that the preeminent boutique law firm took this case after nine months of scrutiny.
Despite the fact that this preeminent boutique law firm is posing itself to also seek at a minimum 65 additional games with a wind fall for the law firm in the $150,000,000 dollar minimum annual gross revenue from this one case.
Despite the fact that if solicited the USPTO could add the years lost on the patent to the back end date. Effectively no net loss in years.
Despite the fact that Thom has stated that this judgment will be divided out evenly amongst the share holders before any share dilution. Current shares outstanding 100,000,000 +/-. Plus treble.
Despite the fact that treble damages could be $300,000,000 with an infringement judgment of just $100,000.000. A total of $400,000,000. (I believe this judgment will be much higher considering Activision was reportedly offered an agreement in the past and declined. I believe that will be considered willful.) This would make the shares $1.00 with a 3x /5x multiple or up to $5.00ps at a minimum. I do not believe a share dilution will occur because the dollars involved would make it a moot point as a minimum per share on a larger exchange would be achieved prior to any share dilution. Even if it would be diluted that would be shares not dollar value. If a share dilution did occur it would only drive the interest of the larger institutional funds to pony up for a piece of the pie.
Despite the fact that $22,000,000,000 in potential minimum gross annual revenue dollars @ a fair royalty rate of 3.5% to 5% annual royalty rate is up for grabs.
Despite the fact that Activision is sitting on billions per their filings and reports.
Despite the fact that if you run the numbers it appears a fair buyout price would be $15.00ps minimum up to $57.00ps with 100,000,000 outstanding shares as your base line. If you consider the possibility of the extended years, royalties that are at stake, accumulative legal fees, the patent portfolio, ROI principles, and basic M & A and GAAP accounting principles.
22,000,000,000 dollars potential gross per year x 15 years for the extended years x 5% fair royalty = 16,500,000,000 less legal fees plus future infringements plus future IP discoveries times the share multiple.
Finally if you look at stocks such as BBW they do $390,000,000 annually with a share value of $14ps. There is only one conclusion here despite the BBW is a retailer and not in the IP sector.
PATIENCE WILL BE REWARDED. IMHO