It took this individual 10 years for him to have his patent granted, Who ever granted him the patient could care less or just a pencil pusher.. I know you work for MGT . I worked on slot machines for WMS for 25 years. I know careless mistakes happen . You make me laugh when you claim to be just asking about granting patents .Who cares why MGT lost. .Look at the complete picture, anybody with even a halve a brain knows this company is a fraud. Question? if they put this company up for sale for $50,000 would you buy it? If your answer is yes you must have $50,000 to throw out .
WMS called their bluff . MGT dropped their lawsuit and received nothing. Losing would be a negative event that would prove anything they claim is just white noise. Their next lie is their claim against Aruze who has a spotless record in the industry, This claim will never see the light of day.
The Management of this company never tells the truth about anything. Why would anyone want to hear more lies. The proof is in their filings. Their patent is worthless. Who ever drew this patent up has no technical knowledge of how a slot machine works. They never update you on how their current ventures are doing.The price of the stock does not reflect how bad things really are. This company isn't even worth the amount of posts it gets. The posters that make any case "For" this company are working for these crooks.
Just posting on this board for laughs. This is a bankrupt company. MGT didn't show up for WMS hearing. The contacts I have at Aruze have assured me they have already started legal action against MGT for slander. Aruze has never infringed on any patent . They have never had a lawsuit filed against them for anything.
Sentiment: Strong Sell
They delay reporting their earnings because they would have to Quote" We have incurred greater loses then expected and lack of funding. We regret to inform our stock holders we have incurred greater loses than expected causing the company to halt operations and file for chapter 11 protection."
Correction the last time Gale Force Petroleum traded was July 3 2014. 500 shares at 6 cents a share. Booyah!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!.
Joined together at the hip. Both worthless stocks, one is 5 cents the other worth less then the company trading at a nickel. I know slot machine designers at WMS and Aruze , they don't know why anyone would bother their companies with a patent with no technical merit and flawed beyond belief.
Because they have a track record of investing in scams like Force Petroleum and MGT, and by the way you are a loser who works for these clowns. They own a worthless patent and did not even show up for the hearing.. I wonder why? Go back to your former job working at the schmuck store.
Ladd and clowns have one thing in common they both give you a good laugh. Although Ladd is the real life "Bozo the Clown".
Their obligations are to be truthful to the stockholders. They don't have any revenue; income; nor do they have any assets of value. Take a good look.Charge for good will , what ever that is? 6 million dollars. They are bankrupt but you don't see that because you don't want to see it.