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Re: stark12 post# 27570

Friday, 09/15/2017 10:41:06 AM

Friday, September 15, 2017 10:41:06 AM

Post# of 46578
This makes sense.

According to that logic, WDDD cannot go down past $0.025 realistically, assuming WDDD will retain a floor at its stake in MRMD and MRMD doesn't tank.

With a 9.3% stake, 161.79M shares of MRMD, and 246.77M shares of WDDD, here is the floor of WDDD according to "the market values the patents at zero" theory:

MRMD share price: $0.40
WDDD floor: $0.024

MRMD share price: $0.50
WDDD floor: $0.03

MRMD share price: $0.60
WDDD floor: $0.037

MRMD share price: $0.65
WDDD floor: $0.04

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But I'm confused, MRMD's share price was $0.65 on September 1st, and WDDD was trading at $0.03? So the market was valuing their patents negatively?

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Alas, the bid has moved to $0.0315 today, despite MRMD being traded at $0.50?

So do the markets suddenly value WDDD's patents at $0.0015?

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I'm so intrigued by this theory.