"The repayment of our outstanding convertible debt obligations allows the Worlds to move forward without the highly dilutive uncertainty of the debt conversion we have seen over the past few months," stated Thom Kidrin, Worlds' President and CEO. "Some of our key shareholders have provided funding to retire these convertible debt obligations and the necessary funds that we expect to be sufficient to carry the company through the US Patent and Trademark Office (USPTO) Oral Arguments and subsequent Patent Trial and Appeal Board (PTAB) ruling that are expected before year's end."
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