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Pps projections?
Level 2 question. I put in an order which should be the top order on the Level 2 data but my order isn't even showing up. I use ETrade - I used to use TDA and when I would put in an order, it would show up on the Level 2 data. Anyone know why my orders aren't showing up?
Little run today...looks like it may be the start of a nice week. Some positive news potentially incoming tomorrow at the hearing?
They all but have to say that. Their auditors wouldn’t approve otherwise.
Multiple bids at .30 and the lowest ask at .322...should have no problem getting back to where we were last week.
Was worried for a little there. The dip to .27 was concerning.
AlphaInvestor8....that is a name I have not heard in a long time.
He had been saying since 2016 or 2017 that WDDD was heading for .01, after the reverse stock split and warrants for issued for shareholders.
Here we are...at .06...more than double what it was during those days.
I see he has been banned since.
I am sure there is a point in the legal process that Activision and Bungie have identified as the point where the expected probability of a major lawsuit loss would rise higher than the assumed proposed settlement amount. While the IPR isn't a major one, I'm sure it's another step closer to whatever that breaking point is.
Good to be back here. Added to my position. The waiting game on the IPR was a nightmare and took significantly too much time for something so obvious.
The waiting game begins again, but this time for something much more important.
Happy to see old faces are still here.
Yeah that was a while ago...just as they’d always planned to do to support operations....cash getting low now.
Just a quick question before I do a deeper “welcome back” dive based on the recent ruling and ensuing crapshow reaction from this board – why are you calling this a vacate and not a vacate and remand? This to me is what a remand is – you vacate the decision and send it back to the original Court with no clear instructions on how to proceed in terms of the estoppel issue (i.e. the first issue that will be looked at by the PTAB that will make or break WDDD’s ability to continue with the RPI issue).
More concisely, why is this a “vacate” in your eyes? This is a remand.
Because unlike what some super active anti-WDDD posters around here, the PPS of a penny stock patent play isn't 1+1=2. It's very complicated. And I think what has become abundantly clear is the market around WDDD cares very little about the funding aspect of Worlds but more about the actual court timeline and legal environment.
It's encouraging that WDDD never really has to worry about cash as long as MRMD stays above the pennies level, but it doesn't change the fact that money will be made/lost here by the subsequent legal stays/techniques Bungie uses to prolong this case, whether or not this actually gets a decision or settlement, and how much money there is left at the end of the day.
WDDD has more cash than it ever has in its history with millions more in liquid marketable securities. It is far past the point of riding doom and gloom about WDDD's financial status. $1.1M cash and roughly $12M of marketable securities for a company that operates around a $1M loss per year. You do the math.
Never has WDDD been in a better place financially.
I do not disagree about the patent play environment and legal landscape and regarding the patent date.
Are we living in the twilight zone? You think there's some correlation still between what the "market believes the patents are worth" and the MRMD stake? Didn't we disprove this when the MRMD stake was worth about $3-5M in January and WDDD's cap was $18-20M?
What did they believe the patents were worth then?
Don't answer that, because they have nothing to do with each other.
Find a new slant, man.
Warrants are a cash inflow for a company, not a cash outflow.
Not even close to true.
Just as predicted, WDDD will pay down accrued expenses (AP) to related parties as money comes in the door.
If they are short of cash, the related parties will allow them to continue to accrue expenses to run the business, because those related parties are large, long-term shareholders.
Nothing new here. The accrued expenses on the B/S are irrelevant.
I just laid it out for you. What's more convincing - it hit .027 (10% loss) for three hours or increased by 200% for 3 months?
What's more convincing? Your original prediction of a 33% loss (0.03 to 0.02) ending up being a 66% gain (0.03 to 0.05)
Or you changing your prediction because the stock went up 300% and you had to backtrack?
Please do link to your post of you explaining the R/S before it happened. Or the warrant holders. Thanks.
That has nothing to do with Gambler's Fallacy. Mad never said we're more or less likely to lose to the PTAB if we go again, the odds are exactly the same. Which are BAD for patent holders.
Where is the 10-k? This should be not a particularly hard company to audit. Sure they had some investment activity as well as the R/S and warrant exercise, but these are not complicated issues. I found 3 employees on "L&L CPAs" website.
So you're also a "de-risker." Might want to edit your post before the army is sent on you.
I'd say he's doing fine. 100k free shares as a core non-trading position sounds good to me.
I have still yet to see you refute a single argument ever made on this board, besides "WDDD will win in the end, we all know who the long term shareholders are, tryz"
So before you call someone else's words BS, prove it.
Agreed - how many were talking about R/S until it was announced? The judge panel has GIVEN us a non-discrete hint that remand is a possibility, yet some are ignoring it.
I have no idea what will happen personally - those calling me a "fake long" or "weak hand" or another version of Alpha Investor are fooling themselves....I think WDDD has the upper hand in their actual arguments but am not confident in the judge panel to make such a strong decision to vacate.
$0.25 to $0.35 seems reasonable, and I agree with mad that Oil States positive outcome (however unlikely) is a free runup waiting to happen a la WiFi.
Some have mentioned Kidrin announcing other infringers.... I don't see it happening yet. Focus on the win at hand.
You guys crack me up. Let's have a discussion about the remand/non-remand, which by the way, is not like the dilution issue even a little bit. A federal judge didn't ask if WDDD was prepared to dilute if they told them they had to in a court room.
So without getting too much into the actual facts and briefings, because I think those point to verbatim in the hearing slightly favoring WDDD in regard to RPI construction and disdain of some of the processes of the PTAB, let's talk about some key highlights:
* Judge panel that is favorable in terms of no purely anti-patent judges, also a panel that typically never writes briefings and almost always concurs with the briefing or dissents. Typically never the judges actually the primary decision makers in hearings.
* Judge panels ASKS WDDD if they are prepared to remand in the case that is the way the CAFC handles it, which is by far the easiest way. Push it off the PTAB, give them instructions on how to handle it.
* Judge panel SPECIFICALLY states WDDD is asking them to essentially set a small precedent by vacating a PTAB ruling, and acknowledges oil states. Essentially saying they have very little intention to make any sort of real decision by vacating if they don't have to.
* Even if the panel sends it back to CAFC with specific instructions, there is no guarantee that the PTAB doesn't go out of its way to bring up other topics.
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While I think the facts of the case FAVOR WDDD, I am skeptical to say that them going out of their way to vacate is PROBABLE.
So let's look at other timelines in case remand is the decision.
It's a good point, Helge has mathematically infinitely more experience than I in front of federal judges. But I'm not taking "Wayne Helge is confident that there is as good a chance vacate as remand" means we shouldn't talk about remand and the timeline/PPS impact it will have.
Yeah, I'm a planned consortium pathetic scum attacking the forum for financial gain, not a long-term investor, for pointing out that I found it funny his alias was named after one of Kidrin's obscure unknown companies.
Yup. The paranoia is out of hand here.
You must not have been paying attention when I defended WDDD for 6 months when AlphaInvestor8 was spewing falsities.
By the way, I'm a long-holder for 5 years. But yeah, "not a true long" for refusing to accept that the PTAB will be vacated and WDDD will be $5 per share next week.
Totally agreed. I've been victim to the censorship and it's not good for anyone.
No one is trying to "poison the stock for cheapies." Some want to see every realistic timeline and outcome and the effects and outcomes of all of them. Because as an investor you need to make risk-based decisions, not only positive-outcome decisions. Until I see more of you posting legitimate rebuttals and arguments a la abcd, tutter, and stark, all I see is paranoia and refusal of reality. Fact of the matter is the judges ASKED WDDD if they're prepared for a remand and made it very clear they don't want to make any large decisions that would set precedent. And it's obvious this isn't the type of panel to try to create history.
So how are we poisoning the stock by discussing timelines of a remand when the judges BROUGHT UP the remand themselves?
When did I ever say I don't trust WDDD's legal team for the CAFC?
That wasn't my point and I'm again being misconstrued. My point is that a lawyer is SUPPOSED to be confident, because he's using HIS OWN arguments. If he wasn't confident in his own arguments, he wouldn't be a leading litigator. Every lawyer is confident their arguments are good enough to win a case.
Doesn't mean squat about what the actual chances are.
You're telling me the lawyer who just spent months preparing for a CAFC hearing on behalf of a client thinks his briefs and arguments are right?
You don't say.
I'd be TERRIFIED if he DIDN'T think vacating was as likely as remanding. That would mean he did an awful job.
What's he supposed to say after the hearing? "Hey Thom, we're heading back to the PTAB death squad!"
Here we have mad posting timelines, history, prior cases, and due diligence, yet people are calling him a traitor and "not a real long" because his outlook isn't rosy and 100% positive. Unless you post counter-arguments (I have seen good ones from abcd, stark) that are constructive to the facts of the case and where WDDD stands, you're not helping by putting down people who bring up concerns.
Don't be pedantic. The chances of the CAFC invalidating the PTAB in favor of a patent holder are not even close to the chances of the PTAB reversing its own decision in favor of the patent infringer after remand.
How about instead of accusing others of trying to scare you, you actually read what they said and refute it?
This board has become awful in the past 2 weeks.
And anyone with a basic level of corporate finance level can ascertain that the exercise was going to happen when the share price went up. Those warrants were going to be exercised eventually - whether they HAD enough cash on January 30, 2018 is 100% irrelevant. To Thom Kidrin, you have two options:
1) Warrants are exercised (not even 100% his choice). Going to happen eventually.
2) Sell MRMD - can do this at any time. 2017 and 2018 share movement suggest more capital gains may be coming. Why would you do this when you have $1M in warrants that are 100% going to be exercised? WDDD doesn't need millions of dollars.
Morris Smith isn't leaving his ITM warrants un-exercised because WDDD has enough cash to fund operations.
Once again, those MRMD shares were NOT worth enough - to the point that warrants needed to be issued. Now that they are worth 12-16 years in WDDD cash flows, there will be no need for any more warrants in the first place.