Replies to post #19142 on Worlds Inc (WDDD)

[LouisDesyjr]

Correction to possible way to value

The low end of the stock price should be $0.81, not $0.66.

I made a mistake on the forulma for the low end stock price with the 90% x 90% x 90%.

5: Each of the three steps to go in the progression through the court has an expected rate of success of 90%, so multiple the dollar range by 90% x 90% x 90% and you get an expected dollar range of $89 million to $268 million.

With 110 million shares outstanding the present value of the shares today would be in the range of $0.81 to $2.44.

Louis J. Desy Jr.

[tradetrak]

Thanks for the analysis Louis but I think you're off on a couple of points. The main one of which is the royalty rate. I've been researching it, part of which is conversations with two IP attorneys. According to what they say and what I've discovered in my research, the average rate for royalties on game design IP is 3-6% of revenues attributable to the property. Not net. Gross revenue. At that rate, I believe your numbers just about double and that is without any PE multiple.

[DDobserver]

I believe in the past you and I have agreed in separate posts that when you look at United States Code and if the Patent AND Trade Office made a clerical error the years the patent holder was denied the benefit of their patent those denied years are added to the back end of the patent.

Worlds has been shorted many years of benefit on the front end of this complaint. ATVI attorney has already stated this will cost them billions. Susman has already stated that they can appeal the few years that Judge Casper allowed and ask for the entire totality of past years.

My question is considering these facts would you adjust your calculations of judgement against ATVI and if so would you share those numbers?