Thursday, September 19, 2013 12:08:59 PM
Acquisition targets?
Vringo's limited cash position makes any possible acquisition more than likely a stock swap.
(I don't think the MAJORITY shareholder here is interested in being Vringo's lacky---)
The market capitalization of Vringo exceeds $261 million, and the time for using this could never be better. Vringo CEO Andrew Perlman has publicly stated the company's desire to grow through acquisition.
Opportunities abound with companies like Document Security Systems, Inc. (DSS)
However, none stands out more than Worlds Inc. (WDDD.OB) and Activision Blizzard's (ATVI) patent infringement lawsuit.
Worlds claims Activision Blizzard has been using its patents for 3 dimensional game play, via MMORPG, in their core products for years. The wildly successful "Call of Duty" franchise is prominently covered as an example of infringement within the lawsuit.
Moreover, should Worlds prevail, all MMORPG game providers would fall victim to this patent. MMORPG is easily a $10 billion industry in the US, and is growing.
Noteworthy is a federal lawsuit, settled out of court in 2007 (Worlds vs. NC Soft), that set Activision Blizzard on notice of the potential patent infringement.
Moreover, Activision's recent attempt to invalidate the Worlds patent, via the USPTO, prior to the Markman Hearing appears to have failed.
The recent disclosure over Worlds Patent 7,181,690 from the USPTO appears to have validated the disputed patent. The presiding Federal Judge has this on the docket for October 17, 2013, and investor intrigue is sure to follow.
Recent WDDD News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/01/2024 01:27:19 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:16:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:47:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 12:00:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 09:30:21 PM
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