Worlds Inc (WDDD)

[22na22]

Can someone clarify this for me?

The holders of the promissory notes shall receive repayment in the full face amount of the note from the initial $750,000 the Company actually receives from the net proceeds of its patent infringement claim(s) or from the net proceeds of a public offering.

In other words: if we don't raise $750k from the ATVI case, dilution is coming?

Selling general and administrative (SG&A) expenses decreased by $115,561 from $223,351 to $107,790 for the three months ended June 30, 2016 and 2017, respectively. Decrease is due to professional service fees surrounding the patent infringement lawsuit and raising funds last year with limited activity this year.

What fees are these? I haven't read the company's agreement with Susman Godfrey. Not sure if that's even public information. I'm guessing it's "admin fees" unrelated to the actual lawsuit but more of a "cost of doing business?"