pennystock_es
7 minutes ago
It is neglected that WDDD has fiscal assets of 45 million, and that it has closed 2023 with profits, and that it has not issued new shares for years, so the majority are in the hands of large shareholders...
WDDD is prepared for a merger with a company in the gaming sector or related to cryptocurrencies that wants to clear $45 million, this is a mine... the question is if it is time, or do we still have a few months of accumulation left?
My goal is more than $4, I think it could even reach $3 if the merging company is interested in listing on the NASDAQ.
At December 31, 2023, the Company had federal and state net operating loss carry forwards of approximately $45,000,000 that expire in various years through the year 2042.
Due to net operating loss carry forwards and operating losses, there is no provision for current federal or state income taxes for the years ended December 31, 2023 and 2022.
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amount used for federal and state income tax purposes.
The Company’s deferred tax asset at December 31, 2023 consists of net operating loss carry forwards calculated using federal and state effective tax rates equating to approximately $17,235,609 less a valuation allowance in the amount of approximately $17,235,609. Because of the Company’s lack of earnings history, the deferred tax asset has been fully offset by a valuation allowance. The valuation allowance increased by approximately $198,580 for the year ended December 31, 2022. The Company had net income in 2023.
At December 31, 2023, $WDDD had federal and state net operating loss carry forwards of approximately $45,000,000 that expire in various years through the year 2042. pic.twitter.com/zgDZwkhANz— PennyStock.es (@PennyStock_es) April 16, 2024
3dknerd
1 hour ago
Slowly but surely the price is being pumped, for no reason other than casting the runes. At some point some one will bolt, which might send the price down again to the detriment of all others, unless some thing factual is actually behind all ths - who will be 'the quickest on the draw'? As things stand WDDD has sold two chuncks of MariMed shares, Some IP and an unspecified URL - selling to survive. The Company has about $100k invested in MariMed (approx 0.09% of said company) still to be sold off. The new director should have about 250K shares (minimum) by next January, which is worth a Donald's takeout at McDonald's at the moment, but may be more by then. Interestingly the CEO's contract is up long before that (In august 2024), so what happens after that is anyone's guess. As an aside should the CEO be sacked or Die before that, the Company will be at least a further £2 million further in debt due to the CEO's contractual obligations. So unless anything else happens, shareholders in September 2024 will be seeing a seismic shift in their fortunes. A canny director could even pick the remaining URL's up as a job lot. WDDD made no friends in the industry with the outrageous litigation that a lot of people banked on, so the waters will be stormy. A new seed could grow from within however, unfettered by the Company's current contractual obligations. Its current gaming technology is ancient and will serve no useful purpose in any future developments, it is as defunct as a Bowie NFT! keeping it alive however, at no real cost, would be a good move in harmonization with the rest of the Industry. Perhaps Jordan will inspire a new growth, utilising the shell of Worlds Inc, in the well fertilized field of Gaming?
cadillacdave
14 hours ago
Absolutely laughable.
Your thesis for the past few years - trying to justify your buys at .70, and now again?
A few years ago the game plan here was a lawsuit. So the game plan has completely changed, yet your strategy and advice remains the same!
From the tone of your messages, you seem quite impressed with yourself.
Sadly, your followers here have for the most part disappeared, are broke, or ended up on skid row.
cadillacdave
14 hours ago
Etiquette? Look at your response! The guy started with IMO. It's his opinion and he and everyone else is entitled to that.
Your arrogance is off the charts, because people don't bow at your altar.
He wasnt asking your opinion doing DD. He was presenting a different opinion than yours, and providing a basis as to why. That is healthy for the board and for folks to consider both possibilities.
But anything that differs from your opinion is met with anger, aggression and yelling in all bold type!
And for the record, the Bowie World and NFT deal was a complete failure - as predicted.
Funny how you speak of uneducated and small minds...thats your audience! Folks here now see you for what you are.
You say your wins are measured by how much $$ you made. Well so far, you are way under water here, and the biggest loser, buying up to .70.
Good luck with that plan. Thirteen years in and you are still banking losses here.
Looking4BIGcash
16 hours ago
Your message just caught me by luck... I took a peek here as I was checking the news... glad to see the French Air Traffic Controllers have decided not to strike which is a big relief for me.
I won't be available for the next few weeks but I would be surprised if the big news here is that quick. I do see share price pumping but the news will make it RUN.
Look to the last 10K. It's all in there if you look close.
Speculators looking for signals just got a clear runway to .07 should be an easy accumulation with little concern for risk. Thom seems to think that (as per the 10K). .07 to .28 should still be fine... after that it would need to see firm momentum and then the bets become what multiple will Thom accept. This all falls into my thesis here for the past several years. .70 IMO is still a comfortable limit to keep adding (that's just a 10x off the 10K). Thom has been careful not to dilute more than absolutely necessary and this is his biggest chance to reward those who believed in him all these years (mainly his industry friends and their families)... but then again, I talk about what levels I feel comfortable adding at with my money... everyone should do their own DD and decide their own limits... like I have always said but others try to twist for their sleazy benefit.
Thom has been waiting for the Crypto Bull market to be confirmed before ramping here and that might have pissed off a bunch of shareholders' who don't get macro trends but then that's why he's the CEO and they are not. Small minds laughed at NFT BowieWorld as they thought that was stupid... typical for the uneducated. What Thom did was prove this Co is in the Crypto market as a core tenet which on the accounting (think tax loss) side was huge... What we are about to experience here has been in the making for many years. I personally will get a chuckle when the small fry start to sell too soon as they don't understand Crypto markets and how we are now set up to run with them AND how that is a massive game changer on what the REAL potential here is... I tried to inform and prepare y'all but then so many were sure they were smarter than me.... Go for it. I measure success in my financial wins not what random broke OTC traders think of me with their lack of Financial experience and knowledge.
But... then what do I know... I'm just 'whatever nonsense you have assigned to me lately' as you watch the share price climb and you are too afraid to add.
Here's a term I hope y'all are familiar with. I used to teach it to my wealth clients over 30 years ago so it's not new. DCA (dollar cost averaging). If you see an equity you like, assign an amount you are comfortable with and buy that dollar amount at the same frequency (every week or month) from now until a defined date in the future... as you wish. This will buy more shares sometimes and sometimes less as it's the dollars that are constant. It takes out the FOMO and emotion and as long as you are disciplined... you will have growing exposure to that equity without trying to time the market.
Have fun and try to be good to your neighbor. Lately it seems like sleaze has been praying on many of you eroding goodwill and using your frustration against y'all. I prefer to help people live better lives... that's what somebody did for me many, many years ago so I just try to pay it forward.
And... yes, I still hold millions of shares here and no, I won't be able to answer questions until I get back from F1.
Cheers.
cadillacdave
16 hours ago
Your insights on this, so far have been spot on. The company stayed current with licensing etc., and did not declare bankruptcy. When the price was sub penny, it was a good time to buy what was available.
Now things are starting to happen i.e., a new board member. Folks don't join boards for companies that are about to go under. This is clearly headed in a new direction.
The criticisms of Kidrin were fair, in that he could do a better job communicating with shareholders.
If he turns this around, I would say he earned his salary working behind the scenes.
I have a feeling we are about to make some $$ here.
Good luck to you.
cadillacdave
18 hours ago
Perhaps, if you had an open mind and at least considered what others had to say here, rather than being offensive and blaming Kidrin and others for your bad decisions, you wouldnt have lost so much $$.
You rant for years about Kidrin being rude and a terrible CEO, but then buy back in at the first sign of life here! Then post rude messages yourself. So that says a lot about your principles or lack thereof.
You advertise that you sold when it was dirt cheap, and then it spikes a little and you buy back in, chasing it, and it dropped again. Sadly, you have made almost every wrong decision here.
Greed and following pumpers is what got you in this deep.
JMHO
cadillacdave
2 days ago
No doubt he was pumping this a lot, but I doubt that he knows anything more than anyone else here. He only shows up here occasionally, when he is pumping crypto, EVs, solar or other plays.
If I recall correctly, he was bragging and pumping FTX, and look how that turned out.
L4BC = nothing more than a carnival barker, looking for a mark to swindle. Now that several folks have started to challenge him here, he disappears. Cockroaches run when the lights are turned on.
cadillacdave
3 days ago
Good assessment. I think you are correct. Bragging about buying in the .70s is pumping on steroids, when the price was in the .30s and dropped back to that, within a day or so.
When the lawsuit failed, he was still pumping, saying now we go to Texas and file, and also said maybe that was the plan all along. Anything to keep the bagholders corraled.
Another poster also challenged him, in a diplomatic way, about owning so many shares and not filing the proper paperwork. His response was some bs about being a passive owner.
So essentially, he was full of it.
cadillacdave
3 days ago
Well the fact that L4BC owns 5%-10% of the company, at least so far shows he is the biggest loser here. As I recall, he was buying at .70, because he could.
Not exactly a smart strategy. Penny stocks are volatile. They pop and drop. Patience wins the game. You wait for the drops and buy. Don't chase it. This simple strategy mitigates losses, if things don't go well.
Buying at .70 to prove his point, that he was so confident in the company, or rich, didn't exactly work out. His avergae buy in is likely high and he will be lucky to break even or mitigate his losses here.
It's his $$ so who cares, but reckless nonetheless.
I voiced my concerns here a long time ago, de-risked and am playing with free shares. When it crashed a few years back, I bought some cheap shares and started buying small blocks again, as they became available.
So the small investment now is meaningless if this tanks. If it spikes, I should make some $$.
Good luck to you. I know you have been here a long time. I do think something will will happen in the next 30-90 days (hopefully) :)
It seems like many of the regular posters from years back are gone, Quilt, Napkins, tradertrack etc. They lost their $$ and moved on.
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IBB-99
3 days ago
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