Worlds Inc (WDDD)

[rolvram]

Both parties agreed to this so I say the chances of settlement now is at 75% or higher. This could of course be a move by Activision to counter the consolidation but then why would Worlds agree if they thought CA was a better venue?

This should get really interesting and if there's settlement we will find out very soon. If there's no settlement I guess we will find out why Worlds agreed to this and how they feel about their chances in front of Casper.

I would expect a PR from Worlds this week that either announces the settlement or their reasons for agreeing to dismiss the CA suit.

Every $10M of settlement is worth at least $50 cents on the stock price IMHO, using a low P/E of 5. Settlement could be worth substantially more as it would set a precedent for others and lead to significant licensing revenue stream.

REH

ps All my opinion so do your own due diligence. Disclolusre: Significant Long position in WDDD