InvestorsHub Logo
Followers 3
Posts 367
Boards Moderated 0
Alias Born 05/22/2015

Re: None

Friday, 10/06/2017 6:40:04 PM

Friday, October 06, 2017 6:40:04 PM

Post# of 46829
Correcting six myths about WDDD in the last 3 weeks

1. WDDD owns 5,936,115 shares, NOT 6,596,667 (MRMD 10-K), as I have been falsely accused.



2. Institutional investors almost never invest in true penny stocks. And it's funny that someone mentioned institutional investors having positions in micro-cap stocks. Micro-cap stocks are somewhere around $150M market cap, maybe as low as $75M. WDDD has a market cap of less than $10M. Institutional investors do NOT invest in companies like WDDD. Absolute lie.

3. WDDD is currently at $.0386, not sub-$0.02 as some have been stating for months this is heading to, and is up 25% in the last 3 months.

4. The noteholders, whose notes are in default, are shareholders and have it in their best financial interest, as shareholders, to avoid dilution of their own shares at any cost. A company doesn't have to hold your hand through its every future decision in a financial statement. Additionally, rolling over a note is a NOTEHOLDER decision, not a COMPANY decision. That's why it wouldn't be in a financial statement because it's not a decision the company makes.

5. The current market value of WDDD's patents are $11,563,000 without any doubt. Don't let anyone tell you that accrued expenses aren't a part of a company's valuation as a liability and don't let anyone tell you WDDD owns 6.5M shares of MRMD. Do the sum of parts valuation yourself and it's quite easy to calculate $11,563,000. Ask your own finance colleagues or finance professors and the answer to this debate is extremely simple. They would laugh in your face if you were trying to calculate an asset value and subtracted liabilities from equity to arrive at it.

6. Considering that patent infringers win 33% of their court cases historically, the market actually thinks that if there is a win in court, the market believes the patents will return $34,690,000 ($34,690,000*33% = $11,563,000).
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent WDDD News