Worlds Inc (WDDD)

[LOL]

Right now this very second management already has the approval to do a R/S, and they haven't, they could have for the past couple of years but haven't. Fully diluted the shares come to about 100MM shares, which leaves no room if any deals for other patent portfolios come up. After a successful markman win it would be beneficial to all to get onto a higher exchange such as NASDAQ or AMEX where big financial institutions would be allowed to buy the stock, in that case a small reverse split would be very beneficial to all. You either trust in management to do the right thing or you don't, obviously they have the right to do a R/S right now and have used discretion in that authority, and now they are just asking to continue to have that option.

If Both Approved and enacted.
Best case scenario Current shares make up 33% of WDDD authorized shares. <# of shares drop to 50 million and then 100 million new shares are authorized>

Worst case scenario current shares will be valued at 5% of authorized shares. <# of shares are dropped to 5 million then 145 million shares are authorized>

I just do not see how giving up 66% to 95% of current patent (possible value of billion plus) would be beneficial to current shareholders. Please feel free to school me because I would love to get other investors thoughts.

Your points and conclusion do not correlate. The percentage of O/S to A/S is not what's being given up, that makes no sense whatsoever. The O/S may not go up at all even though the A/S are raised, so nothing is lost. A R/S also does not change your percentage of ownership at all. You are assuming that all the possible available shares will be diluted to the A/S number. To use your number of a billion $$$ plus for the patents, if the A/S where raised to 150MM yet the O/S went unchanged at around 100MM, that would give the stock a rough price of $10 per share. If a R/S of 2:1 occured to get onto a higher exchange and bring in the big boys, the O/S would go down to 50MM, causing the stock to reach a $20 share price, both cases, you have lost no value. The value of your stock only goes down when dilution occurs without any added value, not when the A/S get raised. To be clear, authorized shares are just that, shares authorized to be used by the company, but they are not shares outstanding. Once again, you either trust in management to do the right thing or you don't.