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I have been watching L2 religiously the past few months with this one.
What I've seen the past few weeks, Marker maker CANT started selling on top the ask weeks after the PR came out about the private investors joining the game after price ad rising a good amount. Im assuming they had insider information being large "investors."
Price was rising going into the PTAB announcement with CANT holding 100k firm on top the ask almost all day everyday. Once PPS hit .065 CANT started unloading still sitting with 100k on top the ask, anytime anyone would get in front of him he would move down on the ask and/or bid whack. Obvi other people were selling (longs and flippers) as well.
This went on for a week to two weeks slowing dropping price down to the .035-.04 range. Anyone watching L2 would have seen CANT moved off yesterday and stayed off meaning maybe he was done selling. Then today this news comes out, timing tells me CANT knew exactly what was going on and tells me someone was exiting and someone was waiting to drop this bomb once this person had excited.
At end of day today Dilution Marker Maker VNDM pops up on the ask which is never a good sign!
this is just my opinion from watching the action for the past several months.
I sold my entire position today, good luck to all.
are the warrents subject to the R/S as well?
eek didnt see that, thank you
yea, dont think so, nice try tho lol
Worlds getting a nice haircut today.
I'm assuming stop losses and people dumping that got in at .04-.065. Looking to re enter lower.
And meanwhile CANT bid whacking and moving the ask down.
CANT mm hiding ask behind 10k. continuously jumping in front of the ask
gap from last week has filled. A lot of random nonsense being spewed here lately. People want cheap shares
BOSTON, MA--(Marketwired - Dec 1, 2016) - The U.S. Patent & Trademark Office (USPTO) has validated six patent claims by Worlds Inc. (OTCQB: WDDD) following Patent Trial and Appeal Board (PTAB) review of World's seminal technology that has been fundamental to the development of massively multiplayer online role-playing gaming (MMORPG) into a $20-billion dollar industry. Validated claims were: Claims 4, 8, 13, and 16 of Patent 7,181,690 B1 - IPR2015-01268 and claims 5 and 7 of Patent 7,493,558 B2 - IPR2015-01269. As previously announced, Worlds' MMORPG technology patents were subject to an Inter Partes Review (IPR) due to Bungie Inc. challenging the validity of Worlds' patent portfolio at the USPTO. The commencement of the IPR proceeding caused the federal district court to put Worlds' federal patent infringement lawsuit against Activision Blizzard, Inc., Blizzard Entertainment, Inc. and Activision Publishing, Inc. (Activision Blizzard et al) on hold pending the outcome of the IPR. 500 million monthly active users around the globe use Activision Blizzard et al's MMORPG products. Worlds is represented before the PTAB by Wayne M. Helge of Davidson, Berquist, Jackson & Gowdey, LLP and in the federal district court litigation by Susman Godfrey L.L.P. "The validation of these six claims by the USPTO PTAB enables Worlds to resume our Federal court case against Activision Blizzard et al as well as pursue other infringement suits," noted Thomas Kidrin, Worlds Inc. CEO. "We are still awaiting the PTAB's final ruling on case # IPR2015-01319 for our seventh patent, # 8,082,501, which should come out shortly. We are pleased with the PTAB's ruling on these particular claims. However we believe that a number of the disallowed claims should have been ruled in our favor. After we receive all the rulings, we will assess our position and options with legal counsel and determine the best strategy regarding future litigation and alliances with strategic partners that will maximize potential of our intellectual property." Kidrin continued, "In the five years since starting litigation against Activision et al, we've overcome the numerous challenges they've raised against our intellectual property (IP). We've already received a favorable Markman ruling, as well as overcame the Motion for Summary Judgment and lawsuit by Activision in California. Once again our IP has been validated and we are renewing our commitment to pursue those infringing upon our patents." More information on the lawsuit and Worlds' patents can be found on the Worlds.com website. About Worlds Inc.: Worlds Inc. is a leading intellectual property developer and licensee of patents related to 3D online virtual worlds. The Company has a portfolio of 10 US patents for multi-server technology for 3D applications. The earliest of these patents issued on an application filed November 12, 1996. A provisional patent application, serial number 60/020,296, was filed on November 13, 1995. These patents are related to each other and disclose and claim systems and methods for enabling users to interact in a virtual space. Visit www.Worlds.com. About Susman Godfrey L.L.P. Susman Godfrey L.L.P., a law firm with more than 80 lawyers, was recently named one of the top litigation boutiques in the country by The American Lawyer. The firm represents plaintiffs and defendants in a broad range of commercial litigation matters, including antitrust, patent and intellectual property, securities and corporate governance litigation, energy, commercial and products liability, bankruptcy and financial restructuring, accounting malpractice, arbitration, climate change, and international litigation. The firm has offices in Houston, Dallas, Seattle, Los Angeles, and New York. For additional information, visit www.susmangodfrey.com. About Davidson, Berquist, Jackson & Gowdey, LLP DBJ+G ranked as one of the top 15 law firms or corporate legal departments measured by the number of representations in IPR, Covered Business Method, and Post-Grant Review proceedings before PTAB in 2015. Docket Navigator's 2015 Year in Review identified DBJ + G's Wayne Helge as a top 10 attorney in the PTAB.
market maker I have not seen here before
CHDN
Chardan Capital Markets LLC
NEW YORK, NY
212-785-0916
http://www.chardancapitalmarkets.com/
Cock blocking the ask, yesterday it was MM CANT, today its CHDN
Said it a week ago
Seems like they are putting out p.r on the daily rn. Also with a small group pumping, watch out for possibly dump at some point in the near future, but should be a good day with news this morning.
Need buyers
golden cross first time in almost 2 years!
Doesn't matter if it fails, just needs enough hyped for him to sell his shares make money and move on to his next failure.
He may be extremely intelligent but he's also extremely insane.
Glty
Mcafee is a nut job. This will be halted
Oh that's tight I forgot it was grey that's why
R ppl just holding? Why is this moving So much on low volume? Why is it not at no bid
I agree 100% with you
maybe because this play is moving a little slower then most traders and flippers want
im curious as well, curious as to why someone would sell so low
you still holding here?
bidding .0021, some nice buys this morning.
there has been a ton of loading from the .002-.0025 range the past week or so, right around 100mm shares in this range. dilution has stopped for the moment, now is the time to run this up before more shares hit the market imo
this thing needs news or some kind of catalyst or traders are just going to dump and move on. I believe that is the selling we are seeing today, traders dumping and going to better plays, imo.
L2 looks clean the selling is retail imo. Prob moving to a different play since this isn't moving up much yet.
With some volume this thing will go
if you are watching l2 you can see where the dilutors are sitting. also the volume indicates there is no dilution today so far imo. dont know how long it will last, which is why we need to run this thing up while we can.
time to run it up while dilution has stopped
around 10m share sold in the last 20 min
time to run it up!! good size bids coming in!
CFGN moved off the ask!!
No buyers this morning
Question: Obviously when approaching the very respected law firm of Susman Godfrey L.L.P. about taking your company's case against Activision Blizzard on a contingency, they would need some time to evaluate the case before giving you an answer. How long was it before they decided to take the case ?
TK: Susman Godfrey spent nine months reviewing our case before they came back and said, "We'll take it." They had a team of experts extensively review our patents and prior art work and they also studied the court records of our case against NCSoft that was ultimately settled out of court for an undisclosed sum. We received three additional patents covering prior art and the assumptions of validity were greatly enhanced.
dave how long have you been involved with this company? your profile looks like you came to ihub about 1 month ago. is this your only profile?
Showing size, could be almost done
Thank you so much for your time and effort! Much appreciated
Thank you
I'm going the 2nd day, Thursday.