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You're Crazy to Short
With powerful fundamentals that this company has and its industry group's stock prices are over $100, you are insane to short this stock. Especially given the fact that the stock price most likely dropped because of one insider taking huge profits recently. This stock is going higher for sure. Fund managers are strongly buying and the company's income has been increasing year over year with enough cash on hand to pay its debts.
David Mehmet
INSIDER SELLING
Millennium Partners, L.P. has been selling off large amounts of shares and taking profits, which is normal because the stock jumped from 0.70 cents a year ago to $6 this month. The fundamentals of this company is strong. And it has enough money to pay all its debts. Plus, its income has been increasing year over year. Companies in its industry have stock prices over $100. Ladies and Gentleman, this stock could continue to be a big winner and it is guaranteed to continue rising this year due to its great performance so far. It's a money maker. Just watch for any bad news.
Insider Position Date Trades Shares Trade Price ($) Change (%) Details
MILLENNIUM PARTNERS, L.P. 10% Owner 2014-01-21 Sell 85,000 $5.99 -16.19 view
MILLENNIUM PARTNERS, L.P. 10% Owner 2014-01-17 Sell 210,000 $5.72 -12.24 view
MILLENNIUM PARTNERS, L.P. 10% Owner 2014-01-15 Sell 649,079 $5.19 -3.28 view
MILLENNIUM PARTNERS, L.P. 10% Owner 2014-01-09 Sell 279,123 $4.67 7.49 view
MILLENNIUM PARTNERS, L.P. 10% Owner 2013-12-24 Sell 100,000 $4.36 15.14 view
MILLENNIUM PARTNERS, L.P. 10% Owner 2013-11-29 Sell 75,000 $3.65 37.53 view
MILLENNIUM PARTNERS, L.P. 10% Owner 2013-11-25 Sell 180,000 $3.2 56.88 view
The Patent Office makes mistakes, which a court of law has jurisdiction to correct
Reviewing ALL Similar Patents
As a legal expert who has worked in the legal industry for 20 years, I will be reviewing and comparing ALL similar Patents to Websafety's Patent claims and writing up a report to determine whether there were any prior Patent filings that would invalidate Websafety's Patent claims.
If there are none, a demand on Websafety will be made to send out CEASE AND DESIST letters. If they fail to send out such letters, my attorney will send them out and engage one infringer in an infringement lawsuit within the U.S. District Court of New York after the re-launch of Websafety's website.
Similar Patents Uncovered FAIL
The following four (4) Patents uncovered from StopTexting do NOT affect Websafety's Patent. Thus, Websafety's infringement claims against AT&T, Sprint and T-Mobile are getting stronger.
www.stoptxting.com/
Quick Patent Reviews
8,380,176 (Websaftey's Patent)
Filed August 2008 – Assigned to Websafety on July 2009
It claims an invention that shutsoff functions of a smartphone from a remote computer by determining the speed the cell phone is traveling at from point A to B and if that speed exceeds a pre-determined speed, it shuts functionality off on the smartphone (i.e. it shuts off text and phone). It also allows for the blocking of the smartphone by a pre-determined date and time or geographical location. For example, while a person is in school
SopTexting Patents
7,590,405
Filed May 10, 2005
It claims an invention that comprises the ability to locate the phone via GPS and to limit its use. Thus, it does not affect the Websafety patent because it does not disable a smartphone's functionality based on the speed it is traveling; but rather its use.
8,385,880
Filed December 15, 2009
It ALSO claims an invention that comprises the ability to locate the phone via GPS and to limit its use. Thus, it does not affect the Websafety patent because it does not disable a smartphone's functionality based on the speed it is traveling; but rather its use.
8,437,729
Filed March 23, 2010
It ALSO claims an invention that comprises the ability to locate the phone via GPS and to limit its use. Thus, it does not affect the Websafety patent because it does not disable a smartphone's functionality based on the speed it is traveling; but rather its use.
8,380,161
Filed June 17, 2011
It ALSO claims an invention that comprises the ability to locate the phone via GPS and to limit its use. Thus, it does not affect the Websafety patent because it does not disable a smartphone's functionality based on the speed it is traveling; but rather its use.
CONCLUSION
The 2005 Patent that StopTxting is claiming does NOT claim an identical invention because it does NOT limit the use of a smart phone based on the speed it is traveling. And any identical claims in Patents filed after Websafety's 2008 filing cannot defeat this prior filing.
Clearly, Websafety's 2008 patent claim encompasses the functioality being utilized at this time by AT&T, Sprint, T-Mobile and other companies because they have created applications that diables a smartphones functionality based on the speed it is traveling, which is exactly what Websafety's Patent claims.
THEREFORE, subject to further Patent reviews, it appears Websafety has a claim for Patent infringement by these major carriers (AT&T, Sprint and T-Mobile), which will increase its stock value significantly.
Additional Patents Uncovered
Here are additional patent claims made for a similar idea by www.stoptxting.com/
7,590,405 | 8,380,161 | 8,385,880 | 8,437,729 and may be found at http://patft.uspto.gov/netahtml/PTO/srchnum.htm
Mr. Day can use our help to find other patents out there and to review their claims. As shareholders, we are entitled
New York Permits Derivative Lawsuits
Because the infringement is "continuing", a shareholder who buys in now can initiate a derivative action. Especially if the offender fails to adhere to the cease and desist letter.
As a shareholder, I can assure you if Websafety fails to bring such an action, I will bring that action myself after they re-launch and after notice. I will not invest my money into a company to only see it mismanaged or that its rights are ignored to the detriment of the shareholders. When a company decides to subject itself to the public by way of stock issues,it must protect those investments or move aside and allow the shareholders to take the proper action to protect their investment. If it fails to do so,it can be subjected to suit and the removal of it officers.
"NY Business Corporation Law
§ 626. Shareholders' derivative action brought in the right of the
corporation to procure a judgment in its favor.
(a) An action may be brought in the right of a domestic or foreign
corporation to procure a judgment in its favor, by a holder of shares or
of voting trust certificates of the corporation or of a beneficial
interest in such shares or certificates.
(b) In any such action, it shall be made to appear that the plaintiff
is such a holder at the time of bringing the action and that he was such
a holder at the time of the transaction of which he complains, or that
his shares or his interest therein devolved upon him by operation of
law.
(c) In any such action, the complaint shall set forth with
particularity the efforts of the plaintiff to secure the initiation of
such action by the board or the reasons for not making such effort.
(d) Such action shall not be discontinued, compromised or settled,
without the approval of the court having jurisdiction of the action. If
the court shall determine that the interests of the shareholders or any
class or classes thereof will be substantially affected by such
discontinuance, compromise, or settlement, the court, in its discretion,
may direct that notice, by publication or otherwise, shall be given to
the shareholders or class or classes thereof whose interests it
determines will be so affected; if notice is so directed to be given,
the court may determine which one or more of the parties to the action
shall bear the expense of giving the same, in such amount as the court
shall determine and find to be reasonable in the circumstances, and the
amount of such expense shall be awarded as special costs of the action
and recoverable in the same manner as statutory taxable costs.
(e) If the action on behalf of the corporation was successful, in
whole or in part, or if anything was received by the plaintiff or
plaintiffs or a claimant or claimants as the result of a judgment,
compromise or settlement of an action or claim, the court may award the
plaintiff or plaintiffs, claimant or claimants, reasonable expenses,
including reasonable attorney's fees, and shall direct him or them to
account to the corporation for the remainder of the proceeds so received
by him or them. This paragraph shall not apply to any judgment rendered
for the benefit of injured shareholders only and limited to a recovery
of the loss or damage sustained by them."
Only ONE Infringer Needs to be Sued
You only go after one of them to start. It will allow you to test the strength of the patent without going bankrupt.
Litigation strategy calls for you to go after the smallest guy that is infringing; but infringing in a similar manner as the big boys. Thus, you will not be pounded with huge attorney fees
All others will be watching. Once you win the patent claim, many if not all will buy a license from Websafety.
For example, you would send out a CEASE AND DESIST letter to the following small company and then file the derivative lawsuit after Websafety fails to do so.
http://www.textecution.com/
SHAREHOLDER DERIVATIVE LAWSUIT
That is the beauty of shareholder rights. Websafety is obligated to send out CEASE AND DESIST letters or they can be sued for negligence.
HOWEVER, a shareholder has a legal right to send a demand letter to Websafety to send out these CEASE AND DESIST letters timely. After the passing of the statutory time period, if Websafety fails to send out these letters, the shareholder, on behalf of Webafety, can send out these letters.
Furthermore, the shareholder can then initiate a "shareholder derivative lawsuit" against individuals infringing the patent.
The lawsuit alone will pop the stock and it will give Websafety great marketing since millions of shareholder's of the major carriers are going to hear of the lawsuits via their own company's reporting and via the media. HOWEVER, the best time for this suit will be after Websafety re-launches its website.
THEREFORE, I am reviewing Websafety's Patent claims with my attorney. If it is strong then my attorney will send Websafety a notice to send out the CEASE AND DESIST letters. If Websafety fails to send out those letters timely, my attorney will send out the letters and then commence a derivative suit against the infringers on behalf of Websafety. No permission is needed from Websafety (This is the beauty of shareholder rights).
"Derivative suits permit a shareholder to bring an action in the name of the corporation against parties allegedly causing harm to the corporation. If the directors, officers, or employees of the corporation are not willing to file an action, a shareholder may first petition them to proceed. If such petition fails, the shareholder may take it upon himself to bring an action on behalf of the corporation. Any proceeds of a successful action are awarded to the corporation and not to the individual shareholders that initiate the action."
BUY OUT IS RIGHT!
AEGIS already showed that it had an interest in this technology by buying ZoomSafer and it appears ZoomSafer did NOT have a patent like Websafety. In fact, if they don't, Zoomsafer is infringing.
Zoomsafer Buyout
This just keeps getting better and better. With AEGIS and WEBSAFETY having the same lawyers, there is a direct connection between the two to start the negotiations for a buyout. And since Websafety is the owner of the Patent and not Zoomsafer, Websafety is the most valuable because it will bring in licensing fees from the major carriers and it will lift AEGIS up in its industry.
There is a major potential for a buyout here if that patent holds
Sprint and T-Mobile- Patent Infringement
The Sprint "Drive First" and the T-Mobile "DriveSmart" app.s implement the identical claims in the Websafety Patent. In other words, they identify the speed of the vehicle, cut off text/cell and then send a message to a third party. This is exactly what the Websafety patent claims.
Sprint's Drive First
T-Mobile's DriveSmart
Websaftey Abstract Claims;
A method of inhibiting a function of a multi-function portable personal communications device includes determining a first position of the personal communications device, after a predetermined time interval, determining a second position of the personal communications device, determining the distance between the first position and the second position, determining the time interval in which the personal communications device moved from the first position and the second position, calculating an average velocity of the personal communications device based on the first position, the second position and the time interval and, if the average velocity of the personal communication device exceeds a predetermined value, inhibiting a function of the personal communications device.
***One of the AEGIS MOBILITY Patents claims an identical functionality as to determining the speed of the vehicle and then cutting off service, which is similar to the statements in Websafety's Abstract.HOWEVER, the CLAIMS rule. I will take a look at the Websafety claims later today and compare them with the claims of AEGIS. By the way, look who filed the Patent claims for AEGIS. It was the law firm of Knobbe Martens Olson & Bear LLP. The same law firm Websafety JUST hired. This is great. They will have first hand as to whether AEGIS claims are identical to the claims of Websafety (But there may be a conflict of interest here for the attorneys).
Lady's and Gentilement, IF THE WEBSAFETY PATENT CAN BE UPHELD IN COURT, WE HAVE OURSELVES A MEGGA KILLER STOCK THAT WILL BLOW MINDS WHEN IT POPS. Just the PATENT alone will make the company and pop the stock even if they never launch their app. because other major carrier companies have already launched a similar app. Websafety can just sit back and collect the licensing fees. This is just too good (The KEY is for the Courts to up hold the Websafety's patent claims; but just filing a lawsuit against the major carriers will pop the stock high).
PATENT LAWSUITS
All Websafety has to do is to file an infringement lawsuit against these major communication companies and the stock will go to the moon.[url] Even if they lose their Patent lawsuit, Websafety's stock will pop high until the resolution of that lawsuit. And if they win, you are looking at a MONSTER STOCK. Thus, NO matter which way the lawsuit would go, it spells PROFIT, PROFIT, PROFIT.
AS A SHAREHOLDER OF WEBSAFETY, I AM GOING TO HAVE MY ATTORNEY CONTACT WEBSAFETY'S LAYWERS AND DEMAND THAT THEY MAIL OUT "TIMELY" CEASE AND DESIST LETTERS TO ALL THE MAJOR COMMUNICATION COMPANIES USING A SIMILAR TECHNOLOGY NOW THAT THE PATENT HAS BEEN ISSUED. IF THEY FAIL TO DO SO, BY LAW, MY ATTORNEY IS ALLOWED TO SEND THOSE LETTERS OUT ON BEHALF OF WEBSAFETY AND TO INITIATE AN INFRINGEMENT LAWSUIT AGAINST THE MAJOR CARRIERS ON BEHALF OF WEBSAFETY. THIS IS JUST TOO BIG TO PASS UP.
I AM VERY SERIOUS ABOUT THIS. I AM THE ONE WHO SUED PAYPAL, INC AND THEY PAID ME A SETTLEMENT IN THE THOUSANDS OF DOLLARS: Mehmet v. Paypal, Inc. U.S. District Court, Cal.
Wrong. Patent filed in 2009
Websafety's assigned patent was filed in 2009. As an experienced patent filer, the date of filing NOT the date of issuance controls. Thus, Websafety's patent claims are secured as of 2009. And since they have one year to file from conception, their claims could be secured since 2008, if the idea was born in 2008.
THEREFORE, AT&T's DriveMode software that was started in and around 2011 infringes Websafety's patent.
AEGIS BUYS ZOOMSAFER (Patent Claims)
ZOOMSAFER is a similar software like Websafety; but it does NOT appear to have filed a Patent. It was purchased by Aegis Mobility of Canada, which holds five (5) Patents and 11 pending.
Press Release of the Acquisition of ZOOMSAFER
Here are the five (5) Patents:
http://www.patentgenius.com/assignee/AegisMobilityInc.html
Websafer differentiates itself from the five (5) Patents by having a downloadable software that can be installed in cellphones and sends out emails and text messages to the parents. The Five (5) Patents do speak of cutting off cell service by detecting movement.
Thus, it does NOT appear that those five (5) Patents allow Aegis Mobility to allow their software to be downloaded and installed in cellphones and to sent email/text messages to the parents, which is important.
As for the Eleven (11) pending Patents, since they are still pending, one can reasonably assume they were filed after the Websafety patent because it normally takes four (4) years to resolve a patent filing as in Websafety's case.
All this Patent research is vital to determine whether Websafety has a strong Patent that can force licensing agreements. However, only a Court of law can really make that determination. But if the Patent is strong, which can force licensing agreements or an acquisition then dollarland will be here in NO time.
Furthermore, AEGIS MOBILITY is a potential buyer of Websafety.
Here are some of the other competitors:
http://www.cellcontrol.com/?gclid=CKHU5p_B2LgCFUmi4Aod0XcA5Q
http://www.att.com/gen/press-room?pid=23185 (Similar features started in 2011)
http://txtblocker.com/
SPOKE TO CEO: Rowland W. Day II
I just spoke with Mr. Rowland. He is a nice man. I informed him that I was a shareholder and that I wanted to make sure that the company was going to send out the proper CEASE AND DESIST letters to companies like AT&T who appear to be infringing on their patent via their "DriveMode" service:
AT&T's DriveMode
Mr. Rowland informed me that he is interested in pursuing infringement claims. He stated that there are so many issues on the table. I informed him that there is a time limit for going after infringers and failure to go after them TIMELY could cause him to lose his claims. Sending out a cease and desist letter does NOT take much time.
Furthermore, I informed him that the cease and desist letter could force AT&T to buy a license from Websafety, which will allow Websafety to send out a PRESS RELEASE that informs the public that it sold a license to AT&T. Then off to the moooon we go. That stock price will increase significantly. With the thought that other companies will also buy or be forced to buy a license, Websafety's stock will keep climbing. DOLLAR LAND will be reached fast.
So, folks. If there was any penny stock that had the huge potential of making you a millionaire overnight, it's WBSI.
Good luck to everyone......Just don't miss the party when we all start congratulating each other and you are left out. I am sure you've been there before.
MOST IMPORTANT: I put the idea of AT&T's forced purchase of the license to increase the stock price in his mind. Now let that thought simmer in his mind for a while. I can see him dreaming at night about AT&T's possible forced purchase of that license, which will give his company millions to grow.
You want to make things move then you take action like I just did instead of sitting back and watching. You make it happen....How??? Start spreading the word about Websafety and their patent and the AT&T connection. Make multiple posts all over the Internet. If we work together, we can get thousands interested in this stock and the price will pop high. Even if it means you spend your own money to promote Websafety as a shareholder. For example, pay a web company to make the posts for you.
AT&T PATENT INFRINGEMENT
It appears that AT&T's "DriveMode", which appears to infringe the claims of Websafety's patent issued on Feb. 2013 was launched in 2011. Two years after the patent was filed with the U.S. Patent Office.
Folks, we could be looking at an AT&T forced purchase of a license from Websafety.
A shareholder has a legal right to write to Websafety and request that they submit a CEASE AND DESIST letter to AT&T and if they fail to do so, the Shareholder, on behalf of the company, may take such action, which can include legal action.
AT&T Infringes WebSafety's Patent
It appears there is a patent infringement claim here depending when AT&T created their texting while driving software called "DriveMode"
AT&T Drive Mode
AT&T's DriveMode software in cellphones detects when the cell phone is in motion in a vehicle and then it restricts texting and incoming phone calls, which is identical to the claims in the patent assigned to Websafety entitled "METHOD OF INHIBITING FUNCTIONS OF A MOBILE COMMUNICATIONS DEVICE"
This could be HUGE for Websafety and its shareholders. This would mean that AT&T is infringing on Websafety's patent and they will need to buy a LICENSE from Websafety.
If AT&T is forced to buy a license, Websafety's stock will pop extremely high. And this will only be the beginning. Any other wireless cellphone company that wants to implement the same service will have to buy a license. And since parents want this service, WebSafety's patent will ensure that those company keep paying WebSafety.
THEREFORE, Websafety, on its own behalf and its shareholders, is required to have its attorneys send out CEASE AND DESIST letters to all the wireless cellphone companies infringing to help grow the company and increase its stock price. Depending on the strength of the patent, this could this could be an enormous advantage for Websafety that will guarantee its success. And since the patent was only issued on Feb. 2013, great things could be waiting for this company.
As a shareholder, I am contacting the attorneys for Websafety to ensure that they send out these CEASE AND DESISTS letters timely or they could lose their rights.
WE COULD BE LOOKING AT A MEGGA BAGGAR HERE THAT WILL MAKE YOU FILTHY RICH WITH A SMALL INVESTMENT
THE PATENT COULD MOTIVATE A BUYOUT OF THE COMPANY
*You can only sue when you have a patent and now they do
Bought 1 Milllion Shares
Websafety implemented my idea. That is why I believe they have a winning idea. It is all about how they manage the company now. If all is good, this stock will pop. It is a very much needed tool and with the patent protection, they will have an advantage over other companies.
In fact, I can see actors and sports figures promoting this product. I think think this stock has the potential of popping the FUSE, which made people millions.
NEVERTHELESS, the mere launch of their website will pop the stock high. There is profit just sitting there. I will buy another 1 Million shares just to grab that short term profit.
Here are some Youtube video of the product. It is more professional then BBDA's video and their stock popped high.
Websafety Videos
Give me A break.... Comment Makes NO Sense
I work in the legal industry and we pride ourselves of intellectual thought. Your comment on the back of the Coca-Cola deal is unfounded especially given the fact that Bedida Beverage Co. is a startup company. Do not expect that a startup will attract such large companies overseas as it has in the United States by showing its face for the first time. It must first prove its market hold.
Out of all the penny stocks I have seen, which includes Tiger Wood's company DROP, BBDA has one of the greatest potentials to succeed huge. This is the penny stock that everyone looks to get into.
Whether or not BBDA succeeds depends on how the company is managed and the acceptance of the consumer. Every startup has this issue before them.
The fact is this....BBDA is a real company with a real product and a management that is motivated to have it succeed. It needs time to grow...I have given it a generous 5 years...... So STOP driving yourself crazy by watching the tick up and down each day...... If you make the decision to buy the stock then do it with money you can lose. At which time, close your eyes and set your Yahoo alerts. When the stock pops, you will get the alert and you will stop driving yourself crazy.
Laughing all the way to the bank
Bebbida Beverage Co.
Real Co. Real Product
75% pop.......Penny land here we come. There is NO doubt in my mind that if this company keeps working as hard as it does, we should be in dollar land within 2-3 years if not sooner. Depends on the REVENUE this company starts bringing in.
Bought 200,000 shares
After following this company for some time, it is clear that this company has great potential for success. I'll be picking up more shares.
VOTE CAME BACK POSITIVE
Just heard that the vote was I believe 12/0 positive vote. The drug is beneficial