Worldlink Share Discussion Threads

[warwick69] 21/9/2016 08:23

Thanks Hugo but the spike in volume was the biggest volume by some margin in over three years I think

[hugosamuel] 21/9/2016 08:00

The cases are going through summary judgement requests by the various Defendants. Factset has been dismissed and terminated already with a report submitted by the Court to the Commission of Patents and Trademarks for Patent/Trademark Number(s). The others are going through summary judgement requests I believe. We have just submitted an answering brief letter to Judge Sleet in response just yesterday. We will know the outcome in a couple of weeks.Not sure if David Ellis Moore is acting for Interactive Data Corporation only or the rest of them but he is the one submitting the summary judgement requests as Factset did. Maybe they go in turn.

[warwick69] 21/9/2016 06:41

Did anyone else notice the strange huge increase in volume of trading in Quest yesterday big spike up in price and volume Maybe some inside knowledge on the patent case sniff of someone going to settle perhaps before trial??? The volume jump was 7.2 million trades when normal nothing or a few hundred thousand !! Qprc is the epic

[warwick69] 10/9/2016 09:33

On Phe as I'm in at average of 0.6 I've already made a 50% paper return but I am expected many many multiples of that I'm no scamster I am a genuine private individual who has taken one massive gamble just accept it

You think I'm daft we shall see

[apfindley] 10/9/2016 09:09

Not missed anything.I invested, and its been locked for nearly 5 years.There has been no opportunity to miss.Waiting game to see what happens....Unless there's a parallel scenario the rest of us are unaware of?!?

[warwick69] 09/9/2016 22:49

We'll have a discussion in a few years when I'm a multi milionaire as I took a risk and your still good at maths !!!!

[warwick69] 09/9/2016 22:48

Oh really it's just maths is it yeah right

[warwick69] 09/9/2016 22:15

By the way jaknife I think you will find that Myclub shareholders get 20% of any patent pay out it is the Worldlink shares that only get 5% n essence as we own both Worldlink and Myclub we have two routes to a major payout?

There is more I know but will not be diclosing to you as it is not for your ears

[warwick69] 09/9/2016 22:10

Can't wait to gloat you are such a sad individual revelling in others misfortune in fact hoping your seen as the superior individual what a complete loser you are

[warwick69] 09/9/2016 22:08

In fact jaknife you might be extremely worried that this has occurred if you are one of those that took out a short in Worldlink not so happy now are you

[hugosamuel] 09/9/2016 20:51

And before the other side of this message board put me down as deluded/WGP insider, my comments are based on the fact that the patent is in existence, is the subject of a verifiable trial process and against legitimate major players in the market. Not only that, we are late in the process and have spent a lot of money as have the other side. All outcomes are still possible.

[hugosamuel] 09/9/2016 20:46

#5461, another carefully thought out and balanced piece of analysis from warwick. no really.

[hugosamuel] 09/9/2016 20:41

It would be Quest who win plus also what a "win" entails. Starting from best scenario...

1. The "win" could be a big award payout that filters through the various onward asset transfers of the patent from Worldlink ITS, to Worldlink Technology Management, to The Betting Service etc, back to the PLC. The PLC is still in liquidation but crucially is not dissolved yet and the Liquidators are keeping it open until after the trial result is known. The £180K deferred consideration has been paid into the Liquidation account so an apparently legit route back to the PLC exists. Our share of any payout (after costs etc) would need to pay of the £4.5M creditors before it then comes back to shareholders. It would need an unprecedented payout but that is what we are here for isn't it?!

2. The Markman hearing gave the Defendants virtually everything they asked for (read it for yourself rather than take anyone else's opinion, it is from the Judge himself so is incontrovertible). It is very possible this severely limits the scope for a large payout even if we get a technical "win". Even so, a nominal payout would still be a big result for Quest as they will get their 7 figure costs back and not have exposure to the Defendant's costs. Set against the total loss of the monies invested so far and the prospect of the Defendant's aggregated costs, this would still be a big win for Quest but unlikely for PLC, creditors or us. In future though, everyone else will know we actually WON the case so settlements from others would be much more likely as paying us something now is better than a near certain defeat in a trial with the costs that entails.

3. It is possible that the parties will do an "undisclosed" settlement which is along the lines of zero payout but the parties call it quits and agree to pay their own respective costs. This would give us the ability to say it was "settled" and avoid a far larger exposure to their costs. I call this a "win" because our patent would not have been declared invalid or been defeated via non-infringement. We would live to fight another day. However, in truth Quest would not be able to afford the costs if it loses and the loss of its own costs would be a hammer blow so they might as well go to Court now and roll the dice.

4. Or we lose.

The only scenario I cannot see happening is the Defendant's doing a real settlement. i.e. accepting the patent and paying licence fees and compensation.

So fingers crossed. I hope for 1 but seriously doubt it and 3 is very unlikely. I think we are somewhere between 2 and 4. If we get past the patent invalidity attack, my money is on 2. 2 is still a very good result but it might just take a bit longer for money to reach PLC and ultimately shareholders.

[warwick69] 09/9/2016 20:32

We get shed loads of dosh and be able to chase all the other users of the technology betting sights, financial sites, auction houses and sights massive massive potential HUGE

[hope67] 09/9/2016 20:05

Hugo
What happens if the patents case goes in Wgps' favour?

[warwick69] 09/9/2016 20:01

My pleasure but it's resulted me quite a bit of grief from some seriously deranged posters I have been painted as a complete puppet of Neil Riches when all in all I have chosen to see and support his side of a very twisted story?

He has been painted as a villain well I just tend to give people the chance to prove themselves and I think We shall all see that we have not been lied to and scammed as so many assumed?

There is so much more to this story than meets the eye?


Really quite incredible

But I hope in a few weeks time I will be sipping a glass of champagne thanking Neil for sticking firmly to his task

This may yet be a major investment I originally had £20,000 lost but see how much comes our other end when we get all the numbers

Even The most vile posters who thought they had lost all their money will get some big losses back after slating the pants of Neil I hope a number of these dreadful people send Neil an apology

Interesting times ahead

[still waiting] 09/9/2016 19:52

Yes Warwick, it's been a while, clearly you are close to the coalface so thanks for updating the bb over the years.