Monday, May 01, 2017 2:44:09 PM
Worlds cash needs for the coming year are no where near $1Mil.
The IPR appeal has been fully funded this past summer and Kidrin hasn't drawn a salary or employment benefits in years, check his accrued salary in the 10K.
If further cash needs were required than the note holders who funded the IPR appeal could convert for 35 million shares and provide the company with $850,000 based on a favorable CAFC ruling.
You also haven't figured in additional
Litigation against multiple infringers as well as reversal of the Federal Courts limitation of the damages time frame since the certificate of correction was issued.
Finally if Worlds were to acquire additional IP currently in litigation that would be a major game changer.
Some things to consider.
iMO
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