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Thanks for the insight Mad.
Ok, I read through the brief. Seems like Bungie is basically saying "Yeah, all that stuff Worlds just argued in their reply brief is wrong. And here are some cases to prove it." But I still don't see a good argument as to why Bungie is not an RPI.
Definitely would love to hear the legal beagle eagle opinions though.
If we don't see something posted by Bungie today my guess is that they put something in the brief again that Worlds would want sealed and we'll see the request to seal the brief filed tomorrow. That would be a good stall tactic I guess.
I'm personally looking forward to revenues for Q4/2018. Does this company give guidance?
They have until the end of the day today to file, I will keep checking but just checked and nothing yet.
I'm assuming the Redacted version posted today is just the "official" version of the brief with proposed Redactions filed last month since the motion to Seal was officially granted last Thursday. I believe in the past the briefs have been filed around 4pm EST.
Correction, Worlds filed the Redacted version of Bungies initial brief.
Bungie filed a Redacted copy of their initial brief today. What the hell does that mean? They just threw in the towel and a settlement is coming soon?
We'll know tomorrow Bungie's response. Will be interesting.
I think ATVI shareholders will sue Activision for not disclosing this lawsuit once ATVI has to pay royalties.
I cannot wait for Monday to read the Bungie brief reply. I may get into law because of my involvement in this stock. It appeals to the logical brain of a software engineer.
This will be $20 once people start hearing that Activision is in District Court fighting Worlds Online on a copyright infringement case with 6 - 60 claims against them. This could be one of the most unprecedented cases of the century if they are found guilty of infringement as Worlds would then have the arsenal to go after any company that has built a first-person multi-player avatar based game such as COD.
Thank you quilt, this was the post I was looking for!
Unfortunately I'm not on the legal side of the house, I'm on the tech side of the house so I have no idea.
In less than a week we will have a full picture of the arguments at the PTAB. Bungie will file their reply brief to Worlds' brief. We haven't heard much from the legal people on what they think of either argument so far. It almost seems like nobody wants to comment and be wrong or that the arguments don't even really matter. Or maybe I understand legal issues less than I thought. I would assume we would hear some lawyer types saying "Well, Bungie said this and Worlds said that and Worlds will win the argument because they cited this case and the PTAB has to side with Bungie/Worlds/Neither on this argument because of this...". Am I over simplifying/complicating things?
I guess what I'm looking for is a play by play analysis of each of the briefs so far and a guess to what Bungie will fire back with on 2/18. Are legal issues nothing like sports where you know the other team plays/is playing a particular offense and you defend against it or launch a counter-offense?
ATVI is also nearing the end of the patent infringement lawsuit with Worlds and it does not look good for Activision right now. Looks very much like they will have to pay up for infringing on Worlds' patents. Worlds is probably a good hedge bet right now.
I know you're waiting for Bungie's reply brief to read all 3 briefs together, which makes sense, but I'm looking forward to your opinion on them and what you think the outcome will be based on the briefs.
Bungie reply brief will be out on February 18th.
Welcome back Mad. You are right, people tend to get upset when you tell them an opinion about a stock that is not exactly like their own but I truly appreciate your insight. So it sounds like you are betting on a positive PTAB decision and are buying back in prior to March 1?
I would have to assume that Worlds would only accept shares if absolutely necessary (not enough cash on hand and they can prove there is no ability to pay over time). And if necessary they would only accept a smaller number of shares than cash, no?
My guess is that EA, as a top publisher, is on the list somewhere. They went after Activision first because at the time they were making the most money off of a first person avatar based game and will be following suit with others once the case is decided.
Game engines are development platforms that allow app creators to use APIs, such as physics engines, to create realistic environments for their apps. Unity and Unreal are the 2 most popular right now for game developers. The tie to the patents is that a game engine could be used as a tool in the development of a first person avatar based game which is architected in a way that could infinge but the engine itself would not infringe.
Loved C & C back in my college days. It's not a first person multi-player avatar based game though, so not sure if the patent covers this type of game or not.
That is a great question, what can we be doing as investors to help spread the word here and get others excited about this stock and it's potential.
I don't think he means word for word, but more in lawyer speak. Or do you not agree with even that? If not, why?
March for a PTAB ruling?
Seems that way. I'm far from a legal analyst but Worlds seems to have addressed Bungie's brief perfectly, citing other precedent rulings to make their point and pointing out huge gaps in logic in Bungie's arguments. This is the first patent lawsuit I have followed this closely so all this may be standard but man World's made some great points in their brief.
I cannot wait to see how Bungie responds. It almost seems like based on how bad Worlds dismembered Bungie's arguments Bungie has to say "Ok, you got us! LOL! We are an IPR and are time-barred. LOL! We were just kidding!"
Great question, but I'm not sure the answer. I think I heard 3 months.
Thanks, so by 2/18 Bungie has to file a 12 page response to Worlds' brief filed yesterday.
Bungie originally filed on the correct date, the brief was not put on the PTAB website until later because of the motion to seal. So Worlds needed to file on 2/4 per the original schedule and now Bungie can reply per the original schedule.
I think the confusion is that there was an uncontested motion to move everything back a week due to the holidays. But the schedule in which Bungie was to file their brief on 1/4 and Worlds had until 2/4 to file a response and now Bungie has either 2 weeks or 1 month (I can't remember which) is still in effect.
Even better!
Just went back and re-read Worlds' brief. Very impressive. They counter each of Bungie's points in their brief and even for a software guy like myself the counter-points make complete sense. Bungie now has a month to file a follow-up brief. It's almost like waiting for the 3rd book in a trilogy to come out, I can't wait.
What will Bungie say about their lack of evidence?
How will they respond to the privy question?
Will they address the settlement talks?
Find out next, in Bungie v Worlds part 3. In a PTAB near you on March 5th.
Wow, this response looks great! Again, would love to hear from someone with strong patent law or legal knowledge on how strong they think each brief is.
I just checked the ptab website, nothing uploaded today as of now.
I think that schedule got push out by a week and then the whole sealed discussion pushed it out again.
Bungie has already filed their brief on 1/23. Worlds how has 1 month to write their reply, so by 2/23. Then Bungie will have 1 month to respond to Worlds.
Fort Lauderdale, Florida
Very true. The unlucky part is that I had more shares on the bid at .25 and they didn't fill for some reason even though the price dipped down to .24
Thank you for the .25s whoever you were that sold them to me.
Thanks, what about the CBD arm of the business?