I want to see a screenshot of the account that was at $1 million down to $300k.
Smart and sophisticated investors always cut their losses.
I don't believe Sharp will ever resurrect WNFT it will go back to being a Zombie ticker.
I trust your legal analysis - in looking at the Calasse lawsuit - I don't understand why it caused Sharp to halt all business with WNFT.
I don't believe the lawsuit would have made any difference no matter who won. Correct me if wrong.
I have followed many patent infringement cases where there was Billions of dollars at stake and the Attorneys handled the lawsuit but it was business as usual for the company they didn't stop all business.
Here are a few cases:
Intel vs VLSI Technology (2021) – $2.18 Billion
Pfizer vs Teva Pharmaceuticals (TEVA) & Sun Pharma (2013) – $2.15B
Alcatel-Lucent vs Microsoft (2007) – $1.5B
Google Settles Trial Over $1.6B AI Patent Claim
Jury Rules Amazon Owes Kove $525 Million for Patent Infringement
According to my calculations Sharp has to pay $4.5 Million per year to maintain his horses. It seems that Sharp is paying the Attorneys and accountants with stock - so what is Sharp saving by filing a Form 15?