Worldwide NFT Inc (WNFT)

[nsomniyak]

No, but I did not dig too deeply. In general I don't try to out-lawyer the lawyers. Additionally, when reading those filings I find that (like most people) I am prone to "confirmation bias" when reading them, and that has cost me in the past.

I've learned over the years that comments on message boards like this ALWAYS are nearly 100% confident that the company they have invested in will win, that the other party does not have a leg to stand on, and that the litigation will be concluded very quickly.

These posters are almost always wrong.

As an aside, this is why I HATE HATE HATE patent infringement suit stocks. They are the worst in terms of posters having ridiculously rose colored glasses on.

WNFT is not as bad as that, but at BEST we are now on "lawyer time" and things will take much longer than originally hoped - and that is assuming that Sharp has a merger partner and will still have one after further delay. Neither of those is 100% certain in my mind.

I am hanging on to my shares, but that is because I like the risk/reward from these levels, not because I am certain of a positive or quick outsome (let alone both).