Sunday, June 17, 2018 7:39:57 PM
At one point I did hold as many as 180,000 shares (around 2013 or so), but over time it looked like that things just simply would never work out for WDDD and sold. At the time I did take a loss, but if I had held I would have had a much larger loss.
People may recall that the trail was originally supposed to be held years ago, in 2012; since then the case has just bounced around in various courts and agencies, all the while more and more shares are issued.
I expect that in the end the company is never going to win the case like people hope, or if it does that the amount will be no where near what people expected.
There have been a number of patent case where the company, even when the company eventually won, got little to nothing. Examples of this are VHC, VRNG, BYCP, MGT, ZMSPF, MAXD. All are going no where. While back in 2012 there was a lot of positive press on patent cases, the general sentiment has changed and the companies are all limping along.
The one good thing that WDDD has going for it is the WORX that went into another business line and may eventually bail out WDDD so it does not turn into a total loss.
Louis J. Desy Jr.
Recent WDDD News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:16:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:47:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 12:00:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 09:30:21 PM
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