Worlds Inc (WDDD)

[Rainmaker80]

Op1, just so you know I am back on board with you on your call of a few weeks ago that the convert selling is done. I have no proof other than logic, but I'm with you and your sources.

Interesting theories based on no proof as you just stated. Let me help you out with actual WDDD FACTUAL INFORMATION AND DATA, but first:

but IMO it has to be seperate from the 302,000 convert plan listed on the balance sheet of the 10k, which obviously very few if anyone has actually read. It doesn't take four months to sell 31.1m estimated shares.

1. I have at many times pointed out where to find the data, indeed I recall someone asking how to find it. I have mentioned and provided quotes directly from the 10k and proxy on numerous occasions on this board, and indeed you had responded to a number of those posts in disagreement. The factual WDDD information has been provided, perhaps you chose not to read it?

2.The proxy, as I have stated about 8 times or more now, has the most recent value of the converts. Again, most on this board are aware since they do read the financials and my posts and concur. An experienced investor understands that using company sources is really the only reliable way to determine factual information. Some choose to ignore this basic tenet of investment diligence.

3. Here's some basic math, yet again. Now, at this stage the converts may indeed be done, none of us know, but math suggests a possibility (or at least close as of today). However, since we're revisiting something I proved to be correct on in the past, I will remind that indeed, when we were told the converts were 'done' because someone's 'source mm' said they were, this was factually incorrect and misinformation.

4. Indeed, when our friend stated that the converts were done (as per the quotes belo), there is no possible way they could have been. At that point I expressed that view, provided backup from the financials and even then for some reason a few posters seemed to want others to believe the convert was done when it was not even close. We have discussed my views on why those posters seemed to vehemently argue, not provide factual information, and seemed to want others to believe the converts were done. We'll leave it to those looking deeper into the trading to determine why ;)

OP1 Quote 4/25/2016

On a trading note ......my source seems to believe the convertible seller should be done by the end of this week...hopefully then some price increase since the buyers of stock down here are putting it good hands ...
Good luck

OP1 Quote 5/02/2016

Convert seems to be out

Proxy Commentary

We currently have 150,000,000 authorized shares of common stock. As of March 17, 2016, 128,623,807 shares of common stock were outstanding; 31,183,333 shares were reserved for issuance to a noteholder; and 9,350,000 shares of common stock are needed for issuance subject to outstanding awards under the 2007 Option Plan. Our chief executive officer has agreed not exercise any of his options if there are an insufficient number of authorized shares to cover all outstanding convertible securities.

I have provided the above quote numerous times. Now its important to observe the dates of our friend's comment about the converts being 'done' or close to 'done' based on his sources, relative to what the company said in and around those dates, the amount left, and the trading volume.

March 18 Proxy date - 31 mil left
April 25th - "Almost done"
May 2nd - "Converts done" (apparently)

So let's look at the volume in between the date that we knew there was 31 mil to come and the date we were told the converts were done.

Total Volume March 18 - May 2:
15,134,200

Reserved for Convert as Per Proxy: 31,183,333

Based on FACTS - Clearly on May 2nd the convert could not be done or even close according to the proxy and trade volume, even if ALL the volume was the convert

Assuming 85% of Volume is Convert (could be higher could be lower)
12,864,070

Approx Remaining Shares as at May 2nd 2016
18,319,263

Total Volume March 18 to May 26
38,973,600.00

85% of Total Volume Since March 18
33,127,560.00

FACTS MATTER.