Worlds Inc (WDDD)

[greymatters]

I read the 8k and and read the financing documents in detail.
If I have time I will reread-
I am very familiar with this company and have spent much time evaluating the company and I have a decent size position almost all at around .12
I am very bullish on the prospects of the patent portfolio.
However, for the first time today I am a bit concerned about the upside on the stock- there are many issues with the financing from a structure prospective
but the biggest one if the conversion price.
I dont understand how that helps the company