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A move like that seems like a push for a lower settlement.
Activision can now say we will settle this patent along with the new patent infringement at once.
They are suing to prove a point that user interface cannot be patented.
This is not the case, because worlds came up with technology that was truly revolutionary and was the stepping stone of new technology. Look at press releases from 1996 from worlds.
Now because it is used in so many applications, it appears that worlds is just being a troll. But last time I checked patents last for 20 years and worlds deserves to be compensated. They simply could have licensed with worlds to avoid all of this.
Can we stop with to Obama reference! She has done nothing in the past to go against constitutional law.
There is a Jury at markman btw.
This will have a markman, it should be pushed for this year since the case was filed in 2012.
Then after the markman we can be in the same situation as vringo, but until then things are looking good and ATVI is taking precautionary measures.
I'm not the Judge, so I can't tell you.
As of now it seems like the Oct 17th date will be a MSJ or be rescheduled because of the shutdown.
Lol that is document 108. That is what activision supplied after worlds notice of supplemental authorities.
ATVI was stating that the court already denied the markman before the MSJ, so the certificate of correction changes nothing.
Do you have any proof to this?
good volume today! lol
I bet ATVI gets a markman within a few months... while we are still here waiting
Well lets think about this for a moment.
The June date for markman was rescheduled due to criminal cases having a priority. The August date was canceled due to an argument based on the proper linking of the provisional application to the parent patent.
The issue did exist and at the time the Judge thought it would be best to rid the material law prior to the markman date. There is no point of scheduling a markman if the case could be thrown out. The Judge may find it best to uphold the MSJ to settle on a date, which is understandable.
I understand your concern with Obama appointees (Eric Holdeman for example). But patents are not a primary campaign issue anymore for Obama (it's not like this is debating obamacare). Also this Judge has ruled in favor of some issues that obama was against (an oil company that was polluting).
So it is unfair to assume she is an activist.
Yes but even case law would simply change the march 2012 filing date to august 14th 2013 (a little over a year less for settlement)
The argument still does not exempt ATVI from infringing on worlds patents.
That is why a MSJ doesn't even make sense to have because this will still proceed to a markman no matter what.
Yep, good to have someone on the same page as me here!
I don't think they have a good argument for the MSJ though. They state, "However, any certificates of correction that Worlds may obtain in the future will have no effect on Worlds’ [infringement] claims in this case."
So basically they are stating that worlds admitted prior use of the patents a year before, thus allowing us to infringe on their patents with no trial.
Another big issue is the certificate of correction was not based on claim construction, simply the effective (priority date) of the patent and was not the fault of worlds.
The favorable outcome will be the scheduling of a markman. Until then investors see it as too much risk.
The stock isn't attracting attention either with low volume and no price action.
The MSJ could also be pushed back to favor criminal cases. She hasn't taken the time to respond to the notice of supplemental authorities
That is what pacer is for my friend... You can find a docket here
http://ia701204.us.archive.org/31/items/gov.uscourts.mad.143034/gov.uscourts.mad.143034.docket.html
Sussman Godfrey is a top notch law firm.
No new documents on pacer yet...
The judge has to come back with a response to the Notice of Supplemental Authorities.
It has been a week now.. Wouldn't surprise me to see the oct 17th date canceled and the markman scheduled for early november
Ask up to .245 again... it wants to take off
This is the oldest case in Judge Caspers docket... don't think it can be pushed back too much
I hope the government shutdown only lasts a few days than oct 17th will be on.
News from the judge would be nice too
Well that was short lived
Proves there isn't much resistance from this thing shooting up though
.245 on the ask! Highest I've seen in a while
No buying pressure... We need some news
Once this thing breaks through the .23's I will support it
Only 33k has been sold? Your prediction is not true...
I'm not disagreeing with you at all. I am just stating additional financing will probably needed and an increase in market cap will only benefit worlds and save them from being forced to deal with someone from a pool of piranhas
Yeah once my wire gets cleared at 2 I'm going to be putting in some big orders.
So I can guarantee that will not happen today lol
No this is an urgent issue for worlds.. the lower the pps when financing the lower the ultimate price wddd can reach.
We know WDDD got screwed by a financer and other ones are looking to get some action in worlds... So that is the most likely cause imo
You obviously don't know how traders work... They function off of volume triggers and price data. PR's are only part of the reason for new buyers
What is taking place right now is someone raping us with financing...
There needs to be enough buying pressure to bring this one up to .269.
They are playing it strategic and crashing the 22-23's... They want this stock down for personal gain from financing that ultimately will screw the shareholder...
That is why I'm going to fight back
If we have enough buying power than we can over come the seller and attract new buyers. This needs to cross the 50dma of 26.9 cents to attract some additional buyers.
I'm wiring in some money to see how much this seller really has
Is someone from ARCA the one crashing the .22's? My level 2 doesn't work for wddd
There was dilution... keeping all the same when the markman date is announced the stock should be worth .39 cents
To succeed on a laches defense, a party must show that "(a) the patentee's delay in bringing the suit was unreasonable and inexcusable, and (b) the alleged infringer suffered material prejudice attributable to the delay.
Doesn't make any sense...
I am about to sell if you keep having that attitude
As far as latches goes, Worlds settled with NCsoft in 2010. They were in financial distress and couldn't defend themselves against a new case without some time. It took them about 2 years to prepare and they file the case.
There is no concern with this even being an issue. ATVI would have included this in their MSJ if it was.
This is all from financing... This is probably one of hudson bay's sister companies looking to get in.
Latches?
The only thing worlds has done is proved that the patent office is aware of the substance of the patents and is allowing additional ones to be created.
Worlds didn't have the funds or experience to fully pursue NCsoft. I can only see positives with the settlement for worlds.
Issue here is raising capital and someone wants in for cheap
Who would have thought BCYP would be in the same price range as worlds... Crazy
On what grounds bubs?
You noted that the company has a low cash burn so why do they need additional capital?
I did not direct quote him... That was from information readily available about the that case.
The settlement is confidential between two parties.
And why would this be a bad thing to say?
No dilution is in the process!
If we have enough support on the bid this thing will take off.
Kidrin stated (in a phone call earlier today) that there is no dilution being drafted at the moment. He stated a lot of big ip investors want in on worlds even some from a company that screwed worlds. He personally believes (like myself) that people are shorting the stock.
Like it has been said before Kidrin is the largest shareholder and has every interest in the stock price. It is not easy for a company to get capital (especially an ip company) and if the markman happened in August, as planned, it would have all worked out.
S&G waited for worlds to get an additional patent with the prior art before they took the case (now they have 4).
NCsoft's argument was that it was invalid based on the prior art and could not prove it. Therefore, a settlement occurred and worlds waited until they could hook a big fish like activision.
I am holding strong