Thursday, February 22, 2018 9:58:17 AM
Beauty is in the eye of the beholder. With that being said and if I may, I want to use DataStream's own words with minor revision to reply to your comment about Hudson Bay.
The characterization of Hudson Bay as loan sharks is flippant, pejorative and false. This group of investors funded Worlds to fight the IPR and appeal and without their support there would be no claims to continue the Activision litigation or any other lawsuits. All shareholders should be thankful that they stepped up to support and fund Worlds thereby insuring value for everyone. Worlds entered a fair and equitable agreement where warrants to purchase shares could be exchanged for their loans at the fixed market price on the date of the notes, not below market nor a discount or a death spiral vwap average.
Worlds received needed funds to fight the IPR and appeal and the investors/ shareholders took high risk with no assurance of a positive outcome, in exchange they received the right to exchange their loans into stock at the prevailing share price on the date they lent the funds. Simple fair and square deal.
There is not one person on this board who has invested directly in Worlds, all here are speculating short and long term on the backs of those investors who took the highest risk.
They are not loan sharks, period!
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