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Looking4BIGcash

06/22/17 10:10 AM

#25295 RE: WhiteOwl #25293

Old Owl,

when I first bought it was in 2013 @ .11. I got out @ .18 and thought I had done well. It was a OTCBB stock and that always scares me. I missed the big run up that year as I was focused on VRNG. Over time as I dug and dug as part of my DD into Patent Plays nothing had the pedigree of Susman, the Stewardship of Kidrin, a smart cost play on legals (contingency), was not a patent troll (original owner of proven & specific patents), the commitment of Investors to keep finding the money to keep them alive. So I started to re-enter WDDDs

I couldn't believe how cheap (relative to it's peers) it was and bought a ton in the .20s


Then... Whitey Bulger hijacked our Judge & Courtroom
Hudson lured Thom into a horrible financing
Markman survival
Michelle Lee and her games @ USPTO
Bungie


What I learned about Patent Plays over the years:


WDDD has the strongest case and patents I've seen. It has been a long road and the value I saw years ago is now only stronger. WDDDs has passed many tests I felt confident it would (with Susman's involvement (and their skin in the game) as further validation.

Thom has learned from past financings and does his best to preserve shareholder value, he doesn't showboat, is careful how he spends company money, and is a strong steward of the company.
MRMD is also looking to be a great asset.

I now have a substantial investment here and am very excited at the prospect of treble damages against ATVI who has mostly exhausted all of it's delay tactics. ATVI has continued to monetize WDDDs patents and has only helped WDDDs prove the value of their patents by subjecting them to all the tests (as part of their delay tactics).

It would be crazy for ATVI to allow this to go to Court.
Unlike VRNG vs ZTE, this is not international, this is a domestic case between companies both domiciled & subject to US Law.
This is not VRNG (now FH) in any shape or form. Corporate Culture is also very different.
It's not VHC, PRKR, or the many others which are better than VRNG but still don't have the strength of WDDDs.

There is still substantial risk here and isn't an investment I would recommend to most.
In the past ATVI has settled at the Court House steps. That said, I look forward to a Settlement in the next 12 months and expect the stock to skyrocket in response. I also see a special dividend being declared to make a payout to shareholders who I expect want to keep cashing checks with each new infringer being sued while not losing ownership share. I also see a regular dividend being added in the future so I personally don't plan on selling any shares for many, many years.

The good news for longer term investors here (like Old Owl,MadP, DD, myself and others), your capital gains tax is much lower now.

Like most things in life, I wish I could take all that I invested here and entered at these prices but hindsight is 20/20. But with the beauty of dollar cost averaging (AKA Averaging down), I think we all should do very well. With all I know about patent plays and WDDDs, I would invest it all here again.

But that is just my life with WDDDs. Patent stocks are risky and we all need to sleep at night and take care of our families so please do your own DD and derive your own conclusions. I share this today as it was cathartic for me and I really don't expect anyone new to care but maybe some of you other old timers want to share your history with WDDDs.

Congrats on keeping the faith... We're not at a place where we can celebrate yet but hopefully Christmas 2017 will be extra special this year for all WDDD longs.









https://www.linkedin.com/in/thom-kidrin-a64586a/
https://en.wikipedia.org/wiki/Whitey_Bulger
https://thepatentinvestor.com/2014/10/hudson-bay-is-suing-worlds-to-force-the-patent-monetizer-to-slash-the-price-of-warrants/
https://www.fool.com/retirement/2016/12/11/long-term-capital-gains-tax-rates-in-2017.aspx