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You see, I sincerely tried to help ya'll. Then, I woke up to how dirty of a game ya'll play here and was smart enough to get out.
For the record ... Berney's wife created and managed the fundraiser for his casket, which is easily evidenced by a quick Internet search, so whoever said I created it, lied. I had nothing to do with it. I only found out about it after the fact when she emailed a link of it after he died.
I have no knowledge of what's going on with AIMH. I don't own any shares and don't plan to buy any.
test
ABILITY TO FLAG POSTS
It would be nice if iHub added a feature enabling users to flag posts that are also linked a separate folder for retention and/or reading later.
ISO R/M candidates to fill shell corp.
Great share structure.
UPDATE: The OTC Markets' Company Profile has been updated.
Best regards.
According to the Shareholder's List of December 31, 2014, the number of shares held by CEDE is 3,481,941 shares.
The above-identified Shareholder's List was certified by the Transfer Agent on March 1, 2015, and we are told it remains current.
NV SOS has been updated in regards to cancellation of Preferred, as evidenced at the following link.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=ace%252by9w0XSxcXPxi0mwQxw%253d%253d&nt7=0#
Cancellation of Preferred Shares
The 73,000 preferred shares mentioned in the 10K filed on or about November 23, 2001 were converted long ago.
On or about February 9, 2012, Marchi created 2M Series B preferred shares, which were canceled on or about July 23, 2015 by Amendment, which takes precedence over NV SOS updating their webpage. There are presently no issued preferred shares.
I am authorized to release information, and the only updates are as was previously stated, specifically, the Company has a new Transfer Agent, and has hired a CPA to complete financials.
OTC Markets will be updated in due course, I presume after financials are completed, or possibly audited; but, I cannot provide a time frame to this effect.
This information is not intended to induce buying or selling of shares. You asked. I answered.
Yvonne
Marchi (hijacker) created the preferred shares, none of which were outstanding.
The recent filing to eliminate the preferred shares was just another measure taken to clean the shell up.
Following is a brief update:
1. Ms. Linda Keeton-Cardno, Certified Professional Accountant, has been retained to prepare financial statements.
2. Empire Stock Transfer, Inc. has been duly appointed as the Transfer Agent, and is working with the CPA to finalize financial statements.
There are no other updates available at this time.
Best regards.
I believe the company is scouting for a CPA to prepare audited financials, or, in the alternate, have an opinion letter prepared. Let’s not put the cart before the horse. When the company is ready, it will be fully transparent to inquiries it desires to pursue.
One of the biggest problems I’ve seen on this board are exaggerated claims and demands, which just makes everybody mad when those things don’t transpire when the poster claimed they would. Some posters make things up as they go along. Some exaggerate. Some think by posting their demands and expected timeframe that somehow that’s going to arouse the stock fairy god mother to use her magic wand to magically make things happen for them when they demand it. Reality check is in order.
This stock is a lot further along than it was over the past years. I can't guarantee anything, but am thinking if this is making you too crazy, you probably shouldn't be playing pennies, lol. Duh.
You failed to consider the exclusions mentioned in my post and air shares. Next time, please read things more carefully.
Peter and Bruce are not on iHub. They don't even look at it.
Nice try, but no cigar. I ordered the file history from the NV SOS myself. They sent it straight to me.
Ok, done with the drivel. I'm out until something noteworthy comes across my desk.
King - I have a copy of the shareholder's list and copies of the NVSOS and SEC file histories that say they are accurate.
Potomac - doing good, just really busy with work; haven't had time to play. :)
Share structure and float have been confirmed by powers that be.
SHARE STRUCTURE
Free Trading Shs = 6,831,382
Restricted Shs = 54,615,316
Total Issued + O/S Shs = 61,446,698
FLOAT = 3,842,931*
* Excluding free trading shares held by others in own name or in name of brokerage firm.
Next Step: bring on CPA to prepared audited financials.
Buyer candidate(s) is/are in preliminary discussions.
Don't waste my time arguing over the above numbers. I won't engage. They are what they are.
No questions please. I have nothing further to add at this time. If you know of a legitimate (not Turn + Burn) interested buyer candidate, please send me a message.
WDDD isn't a patent troll. If you knew what a patent troll is from an intellectual property perspective, you'd know that.
It's unlikely there will be an early settlement. As an investor, you don't want an early settlement. It's best to go thru the Markman and hope they read the claims in the broadest possible way. Markman will give notice to everybody who is infringing, not just Activision. It will set the precedence.
EVERY PATENT HAS CLAIMS.
The claims are the entire reason one gets a patent. Whatever is claimed in the claims is what World can exclude others from making, using, selling, offering to sell, or importing.
For example, scroll down to column 16, beginning at paragraph 3, “What is claimed is:”
http://www.freepatentsonline.com/6219045.pdf
CLAIM CONSTRUCTION CHART. Imagine a 5 column chart that provides interpretation of words infringement does/may hang on.
Column 1 – claim term, e.g., single word or descriptive words in a phrase. (sometimes infringement can hang on the meaning of one single word used to write the application and claims therein).
Column 2 – Patents/Claims, e.g., lists each patent and claim by number where term in column 1 is cited.
Column 3 – Plaintiff’s Construction – plaintiff’s definition of the word.
Column 4 – Defendant’s Construction – defendant’s definition of the word.
Column 5 – Joint Construction – listing jointly-agreed-upon definition of words in column 1.
SOURCE CODE – not in claim construction chart because the claims don’t claim source code, they describe what the invention is comprised of, what it does, what it is, etc. E.g., I claim a round object comprised of plastic having a nozzle-insert for the insertion of a gaseous substance. I’m claiming a basket ball (Yeah yeah, I don’t know what basketballs are made of). It’s normal for both parties to ask for each other’s source code during discovery phase.
WHY NOT SUE OTHER COMPANIES ALSO?
I don’t know what their strategy is; but, it’s a good idea to go after the big dog first. If/when you win that, everybody else lines up for licensing agreements [saves $$$ in litigation].
WHY TAKE A YEAR TO GET TO MARKMAN?
I’ve seen cases take a couple years to get to that point. When a new case comes in:
-- docket reviewing the case;
-- lawyers talk it over internally (do they want to consider it?);
-- evaluate potential contingency return-on-investment (would the firm’s time/money be better spent selecting another case with bigger potential gains at same risk);
-- takes a couple months to get the infringement opinions done;
-- takes months lining up and retaining expert witnesses and getting their opinions;
-- takes time developing strategy of plan of attack;
-- send notice of infringement to defendant;
-- file complaint;
-- wait for Markman to be scheduled.
Rainmaker – the subject matter of other patent plays you saw, which filed 4-5 lawsuits against different infringers, is probably different in each one.
BTW – Larimar is a female.
It is very common, and not a weakness. Litigation is Sussman’s specialty. They go to war.
I refer to the whole enchilada.
We just have to wait and see what Markman ruling is.
When a client is paying a law firm, most law firms will take a case whether they believe they will win or lose. Win or lose, law firm always makes money; doesn't matter to them. They will, however, advise against suing if the merits just aren't there, and then leave the decision to the client whether to proceed. If there’s zero merit, the law firm will often disengage the client and walk away so to avoid a summary judgment and being brought up on contempt for bringing frivolous matters to the court and wasting its time.
It's my understanding, however, that Sussman took this on a contingency basis. It DOES matter if they win. Sussman is putting its own billable hours and cost of expenses on the line, a considerable amount of money. Why take this case when they could use those billable hours and costs on lucrative cases (paying clients)? The litigating partner is responsible to his fellow equity holders (other partners), so he's not going to take World's word for it.
Since Sussman is not a firm which has patents attorneys that regularly write and prosecute patent applications in the US Patent and Trademark Office, they undoubtedly hired an outside patent firm with those types of attorneys who analyzed the claims from a technical standpoint and prepared an infringement opinion to see if there’s merit. Those patent attorneys often have higher degrees in their field, many previously worked at the US Patent and Trademark Office as examiners, and they know how to determine whether there’s infringement. Since Sussman took a year to decide to take this case, my guess is they had at least 2 infringement opinions prepared by different firms, and already retained expert witnesses who provided their opinions, as well.
There are patent litigators out there who aren’t so great at calculating risks of contingency cases, and/or who are willing to accept very high risk on the gamble they might win, but Sussman seems a little more grounded having some notable wins on its table, another reason I bought some shares.
From my perspective, it’s a much better gamble than a lottery ticket. They just might win.
I'm not aware that law firms have cost modeling software. I worked for the 800-lb. gorilla of IP firms and other IP firms. While at the former, we were on the fringe edges of a huge litigation case, and I worked up the rough analysis based on earning reports obtained thru discovery from the defendant by compiling and crunching a lot of numbers in Excel. When/if it becomes necessary, they bring in the experts for the final numbers they demand.
I've seen a lot of speculation both ways here, most of which is baseless, as well as what looks like impressive legal mumbo-jumbo blogs that say nothing substantive about this case, but merely describe the law and its potential or real application.
What I haven't seen yet is the claim charts ... exactly how Activision is allegedly infringing on the claims of World's patents.
Nonetheless, I'm in on the gamble that Sussman has had numerous infringement opinions done by patent attorneys which were favorable, they already know their strategy, and I believe they believe they can win.
There are patent trolls out there who sue all the time hoping to get an award. What impressed me about this case, and the reason I bought in, is because the patents at issue weren't passed around. World has had them from Day 1. I checked the Assignment database at the US Parent and Trademark Office, telling me they're not just another patent troll.
Next, we wait to see if Markman concurs with the infringement opinions Sussman undoubtedly paid another IP firm thousands for (they're not cheap).
Markman is informal, but benefit is its more often than not predictive of how trial will go.
Both sides adjust strategy after Markman, e.g., settle, buy-out, licensing.
Activision has deep pockets and will come out with the big guns; but, the case will stand on its merits. Sussman's been down this road before and is ready. Bring it on. :)
Not all me. I've just got 7K+ out there.
Just love TD Ameritrade. Yesterday, I put my shares up for sale, only 12,424 at $.08. CitiCorp did a partial fill of 5,000, and because the remainder of 7,424 shs didn't exceed 10K+ shares, they weren't showing the remainder of my sale order, and somebody then bought shares at $.09 completely bypassing my sale order of $.08.
Called TD Ameritrade earlier today, and they said they have no control over Citi; if Citi doesn't have 10K or more shares to sell, they don't bother listing it. I told them to move the shares over to Nite, which is where they're at now. Unbelievable! Frigging TD Ameritrade & Citi.
If Markman hearing on June 27 is favorable, WDDD will go thru the roof. Markman is an informal hearing which more often than not is a leading indicator of how the trial will go. If favorable, it will be a strong incentive for the opposition to settle; but, they'll probably go to trial anyway on a pop shot because they've got the deep pockets to do so. Keeping my eyes on WDDD. Might be a Winner, Winner, Chicken Dinner. :)
So, what's going on with the patent infringement Markman hearing coming up (World.com (WDDD) v. Activision). It's all over the WDDD board.
This could be a huge hit against Activision if the judge interprets the claims of the patents in favor of World.com.
Any comments?
I would be remiss not to clarify, if I may, that I believe B. Barton was speaking for himself, and did not intend to give you investing advice. You should know, there are presently no deals on the table that is/are anticipated to closed in January. Several things remain to be attended to.
responding since blocked - I also have a BS in accounting (and a yr of law school). Education is no excuse for bad manners. ;)
Yea. Maybe this just too much BS. Going to look at a couple of the other shells this weekend. Effort for effort, one of those might be less drama.
Ya know what? Lund didn't even have to do the letter. He hasn't been paid squat so far for all this crap and bad talking about him all this time. He has been the most helpful and honest individual in cleaning this mess up, and trust me, it's been a lot to sort thru behind the scenes, things you have not been privy to! I am seriously offended and embarrassed on behalf of those who are constantly attacking him. Slapping those you're asking help from. Sometimes sufficiently so, that I feel like saying forget the whole thing! Getting close to that!
x
I'll put up 5%. Not saying much. :)
At this rate, we'll be here 10 years from now. The investors should take matters into their own hands and cough up some shares to Awesome Penny Stocks.
I'd settle for a major fictitious pump right now. lol J/K
Thanks, Sea.
I'll give ya a call this weekend.
Have to get bunches done for craft fair in 2 weeks.
And this is the LAST TIME I'm giving you my website:
www.HALEVONAH.com
Sheesh! I think I'll change the name to a 4-letter ticker. You'd never forget that. lol
Happy T-day everybody!