the 1992 PCGS patent for slabs and photo grading pre-dates all this stuff. Like I said 10X now, lawyers and patent lawyers and coin folk all weighed in on this years ago on the PCGS forums. Everyone except associates of Blake thought the suit had no merit. Blake can sue and re-sue as many times as he wishes, he is not going to win.
the point is this is a very old case that a jury has found for PCGS and NGC. You made it sound like a NEW suit was filed. This case is a total joke. As are those websites you are working on.
well, numerous attorneys, including patent attorneys have talked about this case on the PCGS forums for years now. It was laughed at by all except for 2 friends of Blake who do business with him and could gain in a favorable ruling. The case is over. The jury found on all counts for NGC and PCGS. You can go find the threads easily on the PCGS forums but I doubt you will do that because you have alterior motives.
what is wrong about that? 29M shares now. 5M shares added and 5M warrants. New share count is 39M. That's 33%. Please show me the error of my ways
Why did the founder of PCGS testify for NGC? Because this suit was originally filed against NGC, the #1 competitor to PCGS. The case went to jury trial and Blake LOST. End of trial. A few months back PCGS sued Blake to recoup legal costs.
and now we learn their premise is based on a the flawed argument that PCGS and NGC have violated a patent that has attempted to patent "eye appeal" through the use of a "+" on the slab.
nothing. It is a bogus claim. Sounding much like and sounding EXACTLY like are two different things. Blake is a patent troll who has no case. This is laughable. You shorts are going to get steamrolled. CLCT may even DOUBLE if this is your thesis.
This is the "+" and "eye appeal" patent. It is a total joke and going no where. David Hall even talked about his testimony on the PCGS forums.
Lawyer: so when did you start using "+"
Hall: as early as 1972
PCGS gives an "opinion" on a coin. This includes whether it is fake, artificially toned, altered, condition, and eye appeal. Different people look at different things and find different levels of "eye appeal". How can that be patented?
so please enlighten us with the docket number and relevant facts rather than trying to scare folks, like shorts do.
What is patented now? The words "shiny", "colorful", "good", "fine"??? You realize it all boils down to a company that issues an opinion. Anyone can have an opinion
gigantic increase in short interest, up 178K shares in 15 days, 41% of volume, as of trading from July 1-15
Forget insider selling. All the action is from shorts and shorting. The shorts have controlled this stock for the last few months. 433K shares traded during this timeframe. 41% of the volume was shorting. The share price actually rose 41c
short interest is now 871K shares, 10%+ of all the outstanding shares. And they are doing this just before another dividend too. The dividend gets announced this week, probably Thursday
how's is this an act of desperation? Companies sell stock all the time. There are probably thousands of these deals every year. You are such a nitwit.
I think we are stuck at $20 until the short selling subsides. Fully covering the dividend on a cash flow basis can also send the stock higher.
This report was through July 15. All the index buying was done more than 15 days prior. So NOTHING to do with that
selling shares at 78c. 5M+ shares AND 5M+ warrants
Spokane, Washington, July 25, 2014 - Mines Management, Inc. ("Mines Management" or the "Company") (NYSE-MARKET: MGN, TSX: MGT) is pleased to announce that it has agreed to sell 4,000 units consisting of one share of the Company`s Series B 6% Convertible Preferred Stock, no par value, and a warrant to purchase approximately 636 shares of the Company`s common stock, par value $0.001 per share, at a price to the public of $1,000 per unit. Each share of Series B Convertible Preferred Stock is convertible into shares of common stock at a conversion rate of approximately 1,271 shares of common stock for each share of Series B Convertible Preferred Stock (equivalent to a conversion price of $0.7866 per share of common stock). The warrants will be immediately exercisable at an exercise price of $1.0816 per share and will expire 52 months from the date of issuance. Mines Management expects that the offering will yield gross proceeds, before estimated offering expenses, of $4.0 million and intends to use the net proceeds from this offering for (i) the advancement of the permitting process for its Montanore Project and preparation for the delineation drilling program, which will include completion of the dewatering and rehabilitation of the Libby adit and (ii) general corporate purposes, including possible acquisition and exploration of new mining properties.