Laguna Beach, CA, January 23, 2009 - To most investors, WordLogic (OTCBB: WLGC $0.80) is a cutting-edge software technology company... and I won't argue with that assessment. But, for our purposes, it's a pregnant win in the form of a giant lawsuit. Very recent events, not yet digested by the financial community, suggest this lawsuit is worth $12-$18 per share, yet the stock is still under a buck.
Speculating on the outcome of a lawsuit might not seem like the highest of ambitions - the Wall Street equivalent of ambulance chasing - until you realize the value of the technology relative to the probable value of the suit itself. As for the defendant? It's none other than Mercedes-Benz of North America, meaning that this particular "ambulance" is stacked with enough $100 bills to pass for an armored Brink's truck. ...Full story at www.prmediainc.com
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