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PatentParsing

05/15/18 5:23 PM

#31947 RE: IBB-99 #31946

Good point. I've updated the spreadsheet to reflect Worlds' current stake (as reflected in the latest 10-Q) in MRMD.

That brings Worlds' book value to $0.232/share, with the current price/share still below book, but only by about 5%.

WDDD's current price reflects the opinion that Worlds will lose all litigation (at the CAFC, PTAB, Activision case, and all other potential cases).

22na22

05/15/18 6:14 PM

#31949 RE: IBB-99 #31946

Just as predicted, WDDD will pay down accrued expenses (AP) to related parties as money comes in the door.

If they are short of cash, the related parties will allow them to continue to accrue expenses to run the business, because those related parties are large, long-term shareholders.

Nothing new here. The accrued expenses on the B/S are irrelevant.