Worlds Inc (WDDD)

[22na22]

The investing world deals with known quantities and projections of where those known quantities will go i.e. we can look at a bond's coupon or a firm's cash flows and profits and make reasonable assumptions about what the future cash flows will be. This is what creates an "efficient" market. With things like penny stocks, there is no underlying cash flow (remember normal currencies have interest paid in that currency so rate parity can be a tool in currency valuation) and no real way to determine what its value "should" be.

WDDD's cash flow is unknown, and in the case of successful litigation, would be a lump-sum infusion, non-recurring save the ongoing royalties and future litigation.

This means that this market is entirely speculatory. The market isn't "speaking on WDDD's patents" and the only way to get a full understanding is to see the value immediately before a final decision, which is almost impossible.

Do you understand that?