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expediter13

09/19/13 11:33 AM

#14163 RE: ArbV #14162

No doubt WORLDS wins. No doubt Oct. 17th is a worthless date in history as the two parties probably dont even need to show up other than to get their new markman date which is just a prelude to a timely decccccceision. Again up it goes. But calling when this rises and falls is a nightmare. I thought it would be easier..
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Tinkerer

09/19/13 11:35 AM

#14164 RE: ArbV #14162

Whether or not VRNG takes over WDDD, WDDD is about to shoot through the roof. I give it two weeks and the 20's and lower 30's will be under our feet.
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art35

09/19/13 12:08 PM

#14167 RE: ArbV #14162

Yeah ,, this is how it's mentioned-----

Acquisition targets?

Vringo's limited cash position makes any possible acquisition more than likely a stock swap.

(I don't think the MAJORITY shareholder here is interested in being Vringo's lacky---)

The market capitalization of Vringo exceeds $261 million, and the time for using this could never be better. Vringo CEO Andrew Perlman has publicly stated the company's desire to grow through acquisition.

Opportunities abound with companies like Document Security Systems, Inc. (DSS)

However, none stands out more than Worlds Inc. (WDDD.OB) and Activision Blizzard's (ATVI) patent infringement lawsuit.

Worlds claims Activision Blizzard has been using its patents for 3 dimensional game play, via MMORPG, in their core products for years. The wildly successful "Call of Duty" franchise is prominently covered as an example of infringement within the lawsuit.
Moreover, should Worlds prevail, all MMORPG game providers would fall victim to this patent. MMORPG is easily a $10 billion industry in the US, and is growing.

Noteworthy is a federal lawsuit, settled out of court in 2007 (Worlds vs. NC Soft), that set Activision Blizzard on notice of the potential patent infringement.

Moreover, Activision's recent attempt to invalidate the Worlds patent, via the USPTO, prior to the Markman Hearing appears to have failed.

The recent disclosure over Worlds Patent 7,181,690 from the USPTO appears to have validated the disputed patent. The presiding Federal Judge has this on the docket for October 17, 2013, and investor intrigue is sure to follow.
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flyersdh

09/19/13 12:40 PM

#14168 RE: ArbV #14162

Terrible article. Here are my comments, which I posted on SA:

This is the second time the author has tried to promote VRNG buying out WDDD.

It fails to mention that WDDD had to return $1.9M and issue 7M shares to its financiers in Q3. WDDD likely will end Q3 with under $100K cash. WDDD's litigation has been consistently delayed with a key hearing coming in October and hopefully a Markman hearing scheduled in early 2014.

Based on WDDD's 10Ks, the NCsoft settlement was roughly $400,000 and NCsoft was successful in running WDDD out of cash.

VRNG has been on record that they are looking for operating businesses with patented technologies, which they can leverage their in house talents to create additional value. WDDD fails this test.