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My understanding is, we have to get the precedent established with Activision before we can nail the others. Otherwise, we have to go through the whole process again with each infringer. Once the precedent is established, the others will have no legal defense against us. Hopefully, they will start lining up to settle! Would any of our legal eagles would like to chime in?
I think we can all agree that ATVI has been egregious in their actions. Also, the circuit court gave a 6 month guidelinefor review. That was up March 15th. May 15th will be 8 months. How much longer can they delay? Let's hope this week is the week?
Question for the group. We added the Destiny game to the lawsuit against Activision. They in turn, have unloaded it on Bungie. Does that now mean Bungie is a part of the lawsuit since they now own the game? Or will we have to sue them separately?
Quilt, I am in!
BTW, How's the back? Hope everything is improving!
I gave up on biting nails. Now I'm chewing on railroad spikes.
Key West, but unfortunately I do not own a boat, yet! :)
I believe when Judge Caspar ruled against extending our patents life so we could still collect royalties, he suggested we should appeal at the appropriate time and even mentioned the basis of the appeal he would approve.
In all probability, most of these companies that will soon start settling with us will want to negotiate term limits for the collection of royalties, but I can't imagine Thom is going to give those additional years away cheap:)
I would like to poll our software gurus. The talk is the future of computers is in virtual and augmented realities. Will these platforms need WDDD's software? This could be huge for us, or ruinous, depending on the answer! I'm hoping for huge!
Does anyone have any idea when we will appeal Caspar's decision on the time bar on the patent? Having the patent reinstated would create a very serious revenue stream for years to come! Any thoughts?
Does the government shutdown affect us? Does the PTAB fall outside of the affected workers? Does Bungie's deadline change?
I agree with sellhibuylo. Although abcd is correct in that none of the potential changes will affect us directly, the judges do not live in a vacuum. They are certainly aware of the changing climate and will almost certainly take that into account.
Color, in addition to the settlements from 50 companies, which our shares will be paid to us as dividends, there will then be licensing fees from all 50 companies. If we only get 1% of the projected 95 billion dollar industry, that's 950 million a year. And the licensing fee may be 3%, or 5%. Add to that Mr. Kidron is almost certainly not sitting on his hands. I'm sure there are plans to keep the company growing and profitable going forward. I don't plan on ever selling my shares.
Raybo here. Got in during 2016. Have just over 750,000 shares. Average is .019. Gonna sell a few as things continue to rise, will end up with somewhere around 600k free shares. Looking forward to going yachting!
I bought my first WDDD shares on my birthday in October of 2015, The same day I was diagnosed with stage four prostate cancer. (Happy freakin' birthday!) I have been buying small amounts whenever I can and am currently stuck at 850,000. But summer is slow in a tourist town. I expect to start picking up more in the fall. (I beat the cancer. I am Cancer free!)
Regarding Capt. Obvious, he refuses to answer any questions that don't comply with his agenda. Possible upsides and what effect the legal team has for a few examples. He is not interested in reasoned debate, he only wants to force his agenda on anyone willing to listen to him screaming half truths to the uninformed. He figures if he screams the same crap over and over, the weak minded among us, will begin to believe the crap he is spouting.
I am not a lawyer, and I do not claim an extensive knowledge of the law. But it is possible for a layman to develop a passing knowledge of the basics. I have learned a lot from the various postings here (and now know for certain, I never want to study patent law:)
Yes, Alpha Ass, we are all here on hope. You seem to think that is a bad, foolish thing. On the contrary, Our hope is based on experience, case law in recent years, the claims already approved, and the way the tide seems to be changing for patent holders. And the biggest shell in our shotgun of hope is the best patent law firm in the country take on contingency. These guys know the law better than any of us and they think we have a strong case.
So, you see Capt Ass (did I spell that wrong?) our hope is based on facts, experience and demonstrable trends within the judiciary. It is anything but foolish.
However, spouting the same inaccurate propaganda over and over is foolish.
And Personally, from reading these posts for two and a half years, I am pretty sure you, sir, are the only foolish one here.
I'm in on the Caymus, and a few bottles of champagne for the celebration on the new yacht! And I suggest everyone just do what I am doing, skip Alpha's posts. I don't even read them anymore. Ranting the same rant over and over is just boring and does not add to the discussion. JMHO.
Bear with me, I am new at this. I bought the stock on the advice of a friend and am very glad I did. I appreciate very much all the information, education I have been getting from everyone on this board.
All that being said, I have a question. I am guessing the reason we filed the appeal is so that we can increase the amount we are suing for, am I correct? If so, how much will the anticipated increase be?
I am 150K short of the million I would like to have, but don't anticipate anymore cash becoming available anytime soon.
Again, thanks everyone for the informative posts!
I've never contributed to this board but have been an avid reader of it for some time. I have a little less than the MM share minimum, but will gladly pick up part of the bar tab! I want to thank all the regular contributors for their insight and information!