Replies to post #22824 on Worlds Inc (WDDD)

[StockAlphaDave]

So, let me get this straight.

Rather than you doing some diligence and making some effort to make some money and understand your risks, you want :

- people on a MESSAGE board which is typically full of a lot of bs to tell you everything you need

- in order to trade in and out of this stock to make money

LOL - wow, you must be Gen Y -- tell me the answer so I don't have to do any work. Btw the point on message boards is you really shouldn't "trust" anything read here. People often spew BS and or have agendas. MBs are a source to start digging for truth on your own. So asking someone to tell you the answer is often a fast way to lose your money.

Good luck - there's years of discussion w weeding out of the hyperbole and bs in the messages here

If you want to learn about the stock, read the last three years of messages, then go To the PTAB site and read the filings , then district court pacer and do the same

Like most here have

[LouisDesyjr]

Older damages estimates

I found an older posting at:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87277552
from Friday, 04/26/13;
which seemed to be as good as anyone could do or come up with at the time.

It looks like it was something before I had started to take part in the conversations on IHub, prior to the summary judgement ruling, and prior to the VRNG vs GOOG decision.

Back then people seemed to think the going forward from filing date to end of 2018 royalties would be at least $142 million.

The case is on contingency, so WDDD gets about 60% of that for $85 million.

Common shares are at 210 million, and I expect the trial plus appeals to be a decade from the filing in 2012 and expect that the company will need to issue 25 million shares per year, on average to get to the end of the whole thing for another 175 million common shares in total, bringing total common shares count to 385 million common shares.

There is a retained earnings deficit of around $41 million, that may reduce any taxes, or allow WDDD to payout case without it being taxable to shareholders as a 'return of capital' instead of a dividend from profits and taxable, so hopefully only $45 million of the $85 million would be taxed, and leaving the company with $70 million in cash to pay out.

That means that per share cash will be $70 million / 385 million common shares or $0.18/share or somewhere around there if things go this way.

The problem is that any number of things could happen that could 'kill the case' along the way, but if somehow WDDD can get through a trial and appeal process, as long as any one of the patent claims survive all challenges, then ATVI would be liable for damages.

This is why one of the tactics that ATVI is using (and other do, like GOOG in the VRNG case) is that they will keep trying different paths and tactics to 'chip away' at the infringing claims. Every time another claims on the patent gets invalidated or held to not apply, is one less things that can be used against them at trial.

Louis J. Desy Jr.