Worlds Inc (WDDD)

[MarkmanRunup]

A 50-50 MSJ looks like this:

Thanks. I started using a decision tree analysis for this, but the tree got out of control pretty quickly. This Monte Carlo method does make it considerably easier to add whatever you want into the mix.

Here's what the valuation does if Worlds only has a 50-50 chance of getting the MSJ denied:



Min $0.23 (was $0.32); Avg $2.43 (was $2.74); Max $9.61 (was $9.70)

Looks like the high-probability stock valuations skew more to the left ($1-$4 range), because if Activision is granted the MSJ (and the judge doesn't allow Worlds to go after the 6-years of past damages), both the past damages and the potential for willful patent infringement damages goes out the window, making it hard to a get a huge win. But yet, Worlds still can make out nicely, with a reduced Activision award along with full awards (past and future), on future lawsuits.