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Saturday, March 26, 2022 12:00:16 AM
Glad he is attempting to resurrect the company. However, at the moment there is a lot of hype and excitement.
Those referencing how valuable the patents or selling the name for $100 million etc., are likely off base. The legacy and inventing the 3d world etc., is great but the Courts ruled it a non-inventive concept and did not contribute to the PPS here.
It will be a difficult environment to raise capital as interest rates climb and inflation rises. It takes $$ to research and develop software to play in the metaverse.
Hopefully, something develops here but at the moment all we have is hope, hype and FOMO. We will have to see what is unveiled next month and if the plan is sustainable.
Good luck to you. Hopefully we all can make some $$ here
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