Replies to post #26375 on Worlds Inc (WDDD)

[AlphaInvestor8]

Your comments are not aligned with the basics of corporate finance sir

All note holders are long term qualified/ investor shareholders with large positions, they don't want dilution or legal default action

Please provide back up to support that note holders are also equity holders - there is nothing in the filing to support this assertion

As such, if they are not equity holders, dilution would mean nothing to them personally.

Moreover, as stated many times the COMPANY ITSELF has stated it will either repay from dilution or settlement from ATVI (clearly a long way off).

As for noteholders 'waiting' - those who lend money tend to make terms based on the rate and time the money is being loaned. Anything that takes longer costs them financially as they cannot redeploy that capital and obviously in this case RISK they don't see anything back. As a result, once in default note holders or bond holders etc, typically want their money back quickly.

If the intention is for the note or bond holders to hold, then the company would announce what is called an 'amend and extend' which would amend the terms and extend (means duration), the duration of the notes to compensate the lender for the increased risk and time.

As a result your argument does not hold water.

good luck - there WILL BE DILUTION ACCORDING TO THE 10Q, basic corporate finance knowledge and a little bit of common sense