Yes. The Patent Trial and Appeal Board. Separate from US Federal District Court but carries the power to stop a Federal District Court PI case, with the right verdict.July 30 is Hearing Date for establishing trial date. Not sure if that's in chambers or not.
Sentiment: Strong Buy
Prince, sounds like you're saying August will be next transition point, as Worlds responds to PTAB. Actually, what does that stand for: PTAB? Also, what if any significance do you place on the July 30 date, others have mentioned? Do we know when Judge Caspar will set a date for the trial? thanks in advance for any response.
Sentiment: Strong Buy
How are share holders treated fairly? They NEVER are. It 's the stock market which is run by large Jewish money. Take from that what you will.
I don't know, having never experienced a major settlement with any of the patent stocks I've owned! Usually the non-disclosure agreements prevent stockholders from finding out anything worthwhile anyway. We would see only the pops in revenue with the quarterly reports. You might look at MARA, or other stocks that actually have had settlements, for the answers you seek.
A non-binding trial date should be set in late July. The stock price may or may not react. The key date
is January 2016 when the Bungie motion is heard. IMO, the motion lacks substantial merit and was filed more as a delaying tactic than a genuine legal claim. I'm not sure Bungie has standing to file the motion and a court could throw it out at any time. Regardless, the pps will be fluid and not very exciting until either January 2016 or when the Bungie motion is prematurely ruled on. Just my take. GLTA
That's good advice, sd, based on my own--so far unprofitable--experience with these patent stocks. A look at a 5-year chart shows that .50 to $1.00 should be possible since they do have a Markman win under their belts now. Even that much gain would be good from today's prices. A buyout could be the next big catalyst following a trial win because the patents would have been proven strong and valuable then and could possibly be worth your $5.00. That scenario might not play out for several years down the road, though. I don't plan to wait that out. Like you, I might keep a few shares just to see.
Thanks for replying cool. Yes it is very early in the game but on the other hand a settlement could catch us all off guard. Most stocks in the market sell a product or try to generate some kind of profit, I'm trying to figure out the best exit strategy for this kind of investment (lottery ticket). Seems to me the ones who will benefit the most will be the big players who get the news first and how would that be fair to the retail investors How are share holders treated fairly in these types of circumstances? Anyone here had similar experiences? Thanks. glta
WAY too early to even be considering these points. IF we get a trial date and it actually goes to trial the result of said trial is probably at least 3 years from now.
Good points SD. I've been with this one a long time too. Don't fall in love with the stock is correct; however, I feel that I am. If we get any spike, I will take profits this time (unlike what I did with Vringo). Glad to read some comments while we wait for the end of month conference. Good luck.
I would also like to assume that there would be a halt on the stock in the event of a trial win or settlement. Would, or could the dividend be paid out before trading resumed ? and the stock price open back up at the same price at which it was halted at . . I would hate to have a winning trade turn bad while I was at work or because some high frequency machine beat me on the sell button. anybody have any feedback feel free to drop a line Thanks and glta
sd i hear what your telling me and I appreciate your input. spoken like a true trader. I was just wondering if an award won by a company with no revenue were paid out as a one time dividend between the owner and the shareholders. (minus lawyer fees and taxes) or does everybody scramble for the door and try to sell their shares before the stock comes crashing down? like a first one out wins the most type of deal. Still a little confused. but tryin to learn . thanks for the help.
you answered your own Q…. they don't make anything or have any income. if you listen to me (if they even get a trial date) thats how this is played out. then after buy some actavision they really are not such a bad company and have a 35 dollar price target but for now stock up on wddds till we hear more news on the 30th
the real answer is this there probably is no long term future for worlds believe me! even if they get some royalties with a court win the really won't be sharing any of it … do not fall in love with this company! i am long I've been in this for three years or more… this is a event driven stock and your time to make money will be to sell on the huge hype right before the trial or during the first part of the trial if they get the trial date and don't settle. thats gonna be the most money you will get! i will be keeping 10% of my shares for the just in case I'm wrong and it goes to $5 bux or something crazy, but i will be more than happy with .50c to $1 and that is easy in this case because all the shorts and day traders will be jumping on the wagon with trial news and those are the people you want to shoot the price up and then take there money before it goes back to a dime or nothing lol
There wont be any bags left to hold if worlds loses at trial. I consider this a lottery ticket play considering all the bad press on patent litigation. that's why I'm only playing with money I can afford to lose. But you didn't really answer my question. You answered it as if you were short time trading and not in till the end.
ill tell you the out come the one with the most money will always come out ahead worlds may win the battle but not the war trust me seen it to many times just enjoy the marksman/trial run up then run away like a seagull with a french fry cause if you wait till the end you will hold many bags lol
With a worlds win, how would any remaining award be shared with the shareholders after taxes and lawyer fees since worlds does not produce anything or have any revenue. Has anyone ever run into a scenario like this and what was the outcome? looking forward to comments . Glta
The thrill of the chase and the potential to make some really good money is what has kept me here with the rest of you. One question I have is for the Attorneys on the board and anyone knowledgeable about patent trials is what to expect when this case is over.