Georgi Kamburov

Activision Blizzard's Motion Brings Worlds, Inc. (OTCBB:WDDD) Further Down

by Georgi Kamburov June 24, 2013

And the only reason they are still around today are the few patents they own. Using them WDDD managed to force NCSoft, one the biggest game publishers, into a settlement for an undisclosed sum. But in 2012 the company made their biggest move by filing a patent infringement lawsuit against Activision Blizzard and their games Call of Duty and World of Warcraft, arguably the two biggest franchises in the game industry. Since the announcement of the trial the stock of WDDD has climbed from 0.06 to more than half a dollar.

But as of last week some major setbacks have driven the ticker almost 50% down from its height. It all started with the extremely important Markman hearing getting postponed by another 2 months due the judge being unavailable. Then investors got concerned about the toxic funding acquired by the company coupled with a planned reverse stock split at the next shareholder meeting. And finally Activision filed a motion for summary judgment. They claim that WDDD have been publicly using the technologies in question in their products AlphaWorld and Worlds Chat for more than a year before the patents' priority date.

Still everything can go either way and nothing is for certain. In early trading the stock is down by 7% but climbing from its opening price. As any patent play speculations abound so doing your own research is necessary before attempting any trades.

7USEIchart.pngThe stock of African Copper Corp. (OTCBB:ACCS, ACCS message board) finished the week with a 23% gain but that is nearly not enough for all the investors who believed the $500 thousand pump. ACCS crashed by 75% on the first day of touting taking along the savings of many. US Energy Initiatives Corporation, Inc. (OTCMKTS:USEI) also bombed on the first day of their promotion. The ticker is going further down but apparently new pumpers are being attracted to the stock.

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