Does anyone worry about Acacia anymore?

Tommy · 2005-10-15, 05:33 PM

2 or 3 months ago they send out a bunch of scare letters again

the letter said they have decided to move forward with the court case
and warned that webmasters have a legal responsibility to either license or make sure they are not violating the patent
even during the litigation

first of all I don't think they can decide weather or not to move forward with the lawsuit, sooner or later this is gonna get settled
but i think its in acacias best interest to put it off as long as possible

I am sure they are gonna lose and they are gonna lose big

Ill tell ya one thing, these guys are great with the bullshit

I see this whole thing as a big stock scam

the owners of the companies are all attorneys so for litigation they bill their time to the company for any litigation,

I think acacia makes most of its money by selling stock

so the more they sue and make outrageous claims the more they get their names in the paper...

stupid investors see the press and think this company is gonna control all video on the internet and on TV etc etc
then of course they buy the stock

the more noise they make the more stock they sell
more lawsuits= more dollars for the attorneys = more stock sold which in turn = more money for the attorneys

Bill · 2005-10-15, 07:16 PM

Well, by the same analogy, if they are all lawyers they know that the executives (and eventually the board of directors) can be held liable for falsely inflating their claim to assets, so they have to have reason to believe they might win.

Your description of the company sounds right to me, but to say they are a pure fraud existing only to scam stockholders, well, thats a bit hard to believe. They must be holding some kind of hand.

Certainly I was hoping the company would collapse. But, there is still the question of the patent. The patent will just be sold to someone else, and this will start all over again.

2005-10-15, 05:33 PM	#1
Tommy NYC Boy That Moved To The Island Join Date: Apr 2003 Posts: 2,940	2 or 3 months ago they send out a bunch of scare letters again the letter said they have decided to move forward with the court case and warned that webmasters have a legal responsibility to either license or make sure they are not violating the patent even during the litigation first of all I don't think they can decide weather or not to move forward with the lawsuit, sooner or later this is gonna get settled but i think its in acacias best interest to put it off as long as possible I am sure they are gonna lose and they are gonna lose big Ill tell ya one thing, these guys are great with the bullshit I see this whole thing as a big stock scam the owners of the companies are all attorneys so for litigation they bill their time to the company for any litigation, I think acacia makes most of its money by selling stock so the more they sue and make outrageous claims the more they get their names in the paper... stupid investors see the press and think this company is gonna control all video on the internet and on TV etc etc then of course they buy the stock the more noise they make the more stock they sell more lawsuits= more dollars for the attorneys = more stock sold which in turn = more money for the attorneys __________________ Accepting New partners

2005-10-15, 07:16 PM	#2
Bill Selling porn allows me to stay in a constant state of Bliss - ain't that a trip! Join Date: Apr 2003 Posts: 3,914	Well, by the same analogy, if they are all lawyers they know that the executives (and eventually the board of directors) can be held liable for falsely inflating their claim to assets, so they have to have reason to believe they might win. Your description of the company sounds right to me, but to say they are a pure fraud existing only to scam stockholders, well, thats a bit hard to believe. They must be holding some kind of hand. Certainly I was hoping the company would collapse. But, there is still the question of the patent. The patent will just be sold to someone else, and this will start all over again.