Worlds Inc (WDDD)

[coolerheadsprevail]

The key will be timing. I hope your interpretation of Kidrin's intentions is correct in that NEITHER the R/S nor the secondary will be effectuted until AFTER WDDD has prevailed in its suit vs ATVI. But the timing of the S-1 a couple months ago when the Court had still yet to rule on the MSJ certainly raised eyebrows as to whether WDDD may have changed course (i.e. an act of desperation to raise capital NOW while it is still in operation, as a pre-emptive step in case the Court dismissed the case).

And, yes, fundamentally, I do not dispute the points you raise re: the offering price; however, until the final offering price is known, this is a TBD issue; in addition, for penny stocks, fundamentals don't matter -- market sentiment rules all, and the mere effectuation of a R/S virtually always acts as a negative catalyst. And the vast majority of capital raises also react negatively in the short-term. And since the vast majority of investors in WDDD are only in it for the short-term (i.e. one catalyst at a time, with the Markman being the first), it is still my belief that any announcement of either a R/S or a secondary taking effect will be adverse news to shareholders at that time.