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That has already happened to me so I can confirm it. Took a little of the table at .285 and you can see that was a mistake. Glad it was only a little. Have paid .37 today to get some more shares.
But if VRNG loses they will have nothing to flock with. We need VRNG to win believe me!
I think Rain is right but not in the way he's thinking. Like Tinkerer I think the downside will be limited but if tons of people are looking for a new home for their cash after a positive ruling in VRNG they will park it here and create a frenzy. So still important to be rooting for VRNG if you are in WDDD.
Not sure I agree with that sentiment fidcow. As he points out in his post the only stock other than VRNG that he has commented on is WDDD and its up a ton since he first talked about it.
Ok, good to know-thanks bhonda.
Can anyone validate JP Morenos and edvas comments about revenue of the two games (COD & WOW) being around $4b/yr? And then is that mostly U.S. or what is the split with other countries? Finally, any clue as to whether the patents are International in scope? Thanks
What is the Sept. reference?
Any speculation on where the PPS goes once/if JJ rules against the JMOL motions?
Latest edva comments on seeking alpha...this is crazy!!!!!
"Thanks princeton, not sure who in this thread said things were dire but certainly the big talking point for the naysayers with respect to WDDD has been lack of funds. As I have said previously the spinoff was smart because they essentially did away with costs associated with operating the other parts of the business. Their costs are now basically SEC filing fees and whatever Kidrin needs to cover his expenses. They clearly have enough to make it through the Markman and beyond with the recent financing. My past back of the napkin numbers had outstanding shares going to 100M (just to be conservative) pre-Markman. I'm not sure it will reach that at this point. One of the reasons I am bullish on a real rise here pre-Markman is the share structure. WDDD has a pretty small number relative to so many of these sub-$1 operations that rely mainly on empty hype. As people understand what Worlds has and are able to see Tribble's response to the complaint this is going to get interesting. I had a successful trial prosecution in the $4 pps range (if it comes to that) which I will tighten up in the near future but for now I stand by it. I would like to see Worlds frame this up for investors in a presentation as Vringo did early on. That is the one thing I think Kidrin and Worlds could do better. Update and communicate what they have a bit more specifically than what we have seen thus far. I get not wanting to tip one's hand but they are going to have to do that sooner than later anyway."
Wow, great article with some points straight from the horse's mouth. Also just saw another comment from edva's article where he says a successful prosecution could yield a $4 share price and now I can't seem to find it to copy there are so many friggin comments to it. Anyway, this is getting fun!!!!!
Thanks sidedraft!
Could anyone who has the February 15th pacer docs 892 & 893 please post or repost. The link here was deleted. Many thanks!
Wow...really great volume! Over 800K with nearly three hours to go. Wonder where this will close? More importantly wonder what this might do next week. We are four months and about two weeks from the Markman but who's counting.
Where is it coming from? What is the source? Thanks.
Seems to have stalled for a little bit here or is taking a breather...
Me too and I already bought 37K shares today! Just out of powder for the minute.
yes, here it is from edva's article. It came out I think a little after 3pm I think.
"One very interesting comment from Princetonatty44 in response to yesterday's SA article from Enhydris PE mentions that Vringo could look to add significant additional value by acquiring under funded companies with potential goldmine patents. Specifically he cites Worlds Inc. (WDDD.OB) which I first alerted investors to on January 4th of this year. Worlds is suing Activision Blizzard (ATVI) for infringing on its technology in the wildly popular (and profitable) World of Warcraft and Call of Duty game franchises. The patented technology allows thousands of players to operate at one time in a 3-D virtual world. Activison and other Massively Multiple Online Role Playing Game (MMORPG) makers all use similar technology (very similar to how most if not all in "search" use Lang's technology) so at .21/share and a Markman Hearing in June of this year, it is not hard to conceive Worlds approaching $1 in the next several months. Should Vringo decide to acquire a company with a Worlds type profile, that company would shoot the moon overnight. By way of disclosure my group has a significant position in Worlds Inc. which we intend to hold through the Markman Hearing."
Its at the end of his article on VRNG, on Seeking Alpha.
New edva article on SA about VRNG mentions WDDD...sweeeeet!!!!!!!
By the way has an extension been given until next Tuesday for all replies on motions? Thanks.
I did not read edva's post as you suggest and I have been following him for some time. Constructive knowledge only means that the defendant should have known about the patented invention then. Nowhere do I see edva say that that is when the infringement begins. I saw a post he wrote about this on YMB where he clearly stated his MSFT opinion was a back of the napkin assessment and should be taken as such. One thing is certain is that a laches argument will not work for Microsoft. Some reasonable apportionment (I'm guessing 20% or better) will have to be considered on it. No one knows exact numbers because those will be interpreted by damages experts and I assume that edva knows that better than most. Anyway, good thoughts to bring up just seems like your trying to pigeon hole the guy a bit.
I don't think the JMOL has been fully briefed. Doesn't Google get to respond to VRNG's response of the original motions? That would place a decision some time after the 15th I think.
Can anyone offer anything intelligent on the '420 USPTO re-exam decision timetable? I have looked at the USPTO's site and have tried to ascertain how quickly the PTO could make a ruling given expedited circumstances. Obviously written by bureaucrats since I can't make heads or tails of it. Raviger said he expected a ruling quickly but I can't trust a thing he says. The other thing I noticed is that the '420 review has Lashkari referenced where in the '664 it has been thrown out as not intervening. Anyone get that? Why wasn't it thrown out of the '420 as well?
I like the various valuations I'm seeing out there but I think Kevin is too high on Google and too low on Microsoft. As has been pointed out, laches will not be in play with Microsoft and they are suing them for willful infringement. Granted, MSFT does much less search business so we'll see how it plays out. Gotta believe MSFT will settle once the smoke clears on Google anyway. Can't see that many people going against VRNG if the patents are upheld and Judge Jackson doesn't f this thing up!
I think it is a lot more than that. Closer to $3b for the full year.
If that is the case how soon do you realistically think we will hear anything out of Europe? ZTE should have had their brief in by mid-January.
One thought I have is that if JJ is being asked to make a ruling on this by January 18th why would he not rule on other motions that have already been fully briefed...such as the pre and post judgment interest and supplemental damages motion that was filed three days after the verdict! I wonder if by entering this motion Google may inadvertently cause JJ to rule on other matters at the same time-and earlier than he had planned! Anyone have any thoughts on this?
That would be good!
To me that is the edva effect. I went back and checked his posts on the day it did over a million shares. He came out on WDDD early that morning. The guy has tons of followers. The reports he did during the VRNG trial moved that stock in a crazy way and I think he is moving this one also.
I just added about 15K shares @ the same. I agree with edva. This thing is going to double soon.
Totally agree I'm just wondering what the motivation is to jump all over this to the negative right now?
Can't understand why so many are lining up against WDDD already. Here is a back and forth from a posting on YMB
EDVA is pushing WDDD
by mw92841 . Jan 8, 2013 7:35 PM . Permalink
Where are you now on this one Ed? WDDD is not a going concern. They are a legal mechanism for the Law Firm that finances and pays their bills. Yet not one bit of disclosure exists for the Lawyers that are the defacto management company. Why is that? EDVA has staked his reputation on this, yet refuses to discuss why he supports this kind of management team. Why the need for the Law Firm to finance and control the future of this bankrupt and penniless venture? EDVA claims they are 7 Figure bankroll experts. Why does'nt the company have 7 figures in cash EDVA? They want people to buy Stock in this company and blindly close their eyes. These guys dont have $5000 in checking. How can you run a company like this? EDVA can you respond?
by edvacourt . 56 minutes ago . Permalink
The bigger question may be why are you on this one? The Going concern argument is a red herring in my opinion. Susman Godfrey vetted Worlds Inc. and knew full well what their financial picture was then. Nothing has changed except that we are ever closer to the Markman Hearing in June. Worlds' value is in the patents...PERIOD. Everyone who has any sense at all (including the unsecured creditors) knows that. The patents they own are blocking patents, in other words what happens in this case will send shock waves throughout the MMORPG space if they prevail...which is why I imagine you are here. Susman Godfrey makes a living out of these kinds of cases and has been very successful doing so. The argument about Susman Godfrey quitting at some point is laughable. Makes me realize the strength of this case even more when the wolves come out of the forest this early. Susman Godfrey doesn't quit. If you haven't read up on their past victories I suggest you do so. We are bullish at these levels and unless there is some significant news that suggests a different course we will continue to accumulate.
yeah same guy.
Just came on to this board from VRNG. I saw where edva said this could be a dollar b4 Markman. If that is true this is a steal.
New filing out on pacer. In a declaration Dr. Becker says that the jury made a calculation error on past damages and the decimal point should be changed. Also said that the 2.8% apportionment rate was simply a reverse engineering on the jury verdict. Only 20.9% was mentioned during the trial. This sounds an awful lot like what Edvacourt has been saying on YMB since the verdict.
The 664 patent is not up for review.
Read this article on German Courts. They are clearly pro-Patentee. The Vringo lawyers and staff do their homework and are quite clever.
http://newsandinsight.thomsonreuters.com/Legal/News/2012/10_-_October/Breakingviews__Patent_lawyers__Y_all_better_Deutsch_sprechen/
It looks like ED from YMB was right from the beginning. He took a lot of heat after that article he put out. These MB's suck!
Ed said in his own report that the Judge had the jurisdiction over post trial motions and would issue judgments on those as they come up. His point seemed to be that a final ruling or judgement, meaning not preliminary, was made on the verdict and the 3.5% running royalty. Perhaps we are a bit lost in semantics here. JMO
Ed from YMB apparently coming out with something today.
http://finance.yahoo.com/mbview/threadview/?&bn=335d0cab-c8c2-325a-b1c7-5bd038d7c88f&tid=1354072437888-96707d71-b027-470d-b063-69258a1b89b9&tls=la%2Cd%2C4