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Re: LouisDesyjr post# 24473

Thursday, 12/29/2016 4:27:36 PM

Thursday, December 29, 2016 4:27:36 PM

Post# of 46499
According to a Worlds board member they did pursue funding from Fortress, Paramount, Beaufort, Altitude, Intellectual Ventures, IPNav, Themis, Parabellum and even Mark Cuban all and more between 2011 -2016.

The deal they made with Hudson Bay was based on their close banking relationship with

Based on public filing they received $2.4 mil which would have carried them for years and the convertible notes had floors above the market that were set to expire after the first scheduled Markman.

It was only when the Markman was postponed due to the Bulger trial that Hudson started to short and sell into the market that The board unwound that deal. The delays in this case had nothing to due with Worlds tactics rather the courts scheduling and challenges by ATVI.

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