Worlds Inc (WDDD)

[JDUR]

That was the first thing I did. They operated under WDD and switched over to WDDD (they didn't have to declare the material event). I believe the reason is to prevent the public from knowing it was a "low" settlement for licensing to NCsoft. Why would they do this? Here is a snippet from an article explaining.

Mr. Boone speculated: "Perhaps Worlds.com will offer a very attractive settlement and license to NCSoft in hopes of building a stronger case against the richest potential defendant. I think this is more likely than Worlds.com trying to test how well their patent will hold up in actual litigation. I'm guessing they already have a pretty good idea of its strengths and weaknesses. Keep in mind that all of those smaller fishes such as NCSoft are actually competitors of Blizzard. It might actually be in their interest to help Worlds.com build a stronger case against Blizzard. There could be some very Machiavellian motivations coming into play."

World's has been playing it smart all along.