Tuesday, October 18, 2016 8:33:46 AM
If you look, you will see that over time WDDD has had lower highs and higher lows.
You will also notice that the spikes on favorable events has been less than what it was in the past on other favorable events, probably because the present value of any expected win has dropped over the years.
I think part of the problem is that there are tens of millions of more shares out there than there use to be, plus as the stock trends lower over time, there are more people trying to get out at break even so as a run up starts, people start selling sooner instead of waiting a few days to see how high the stock will trade up.
The best result that WDDD can get from a PTAB ruling is that none of the claims are lost from the ruling. i.e. WDDD stays in the same place as it is today. A favorable PTAB ruling does not and can not add anything positive to WDDD, so it is at best neutral and that is without taking into account the additional months lost, plus additional shares issued in the lost time.
The worst that can happen is that the PTAB ruling invalidates more claims, and makes it harder for WDDD to win anything when they finally get through a trial.
Contingency
What difference does it make if the case is on contingency if WDDD can never get it to trial?
You seem to forget that on the original timetable, the trial was supposed to be finished by now, and it has not even started yet.
WDDD has no cash on hand and is unable or unwilling to raise any amount of cash. Why would ATVI ever even think about settling the case when WDDD may simply be unable to operate at some point and just needs to drag everything out long enough?
WDDD 10Q report for quarter ending 06/30/2016
WDDD allegedly does not need that much cash to operate, but it raised $421K in the quarter ending 06/30/2016, but only has $16K remaining at quarter end? Where did the other $400K plus go if 'there are no expenses'?
Louis J. Desy Jr.
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