InvestorsHub Logo
Followers 20
Posts 793
Boards Moderated 0
Alias Born 11/08/2012

Re: None

Monday, 09/22/2014 10:16:21 AM

Monday, September 22, 2014 10:16:21 AM

Post# of 96902
UnifiedOnline! LLC is owned by Billy Carter, the person who bought ICEWEB and took all its debt by paying about 116K. IMO, he is not dumping shares in the market but is using these shares to pay the other debt holders, e.g. Asher enterprise who dumped theirs in the market.

IMO, it seems that the stock has been taken over by MMs and has been shorted like hell, and that's why you see 1+ billion on bids at 0.0001. It is a possibility that MMs have sold more than the float. These MMs may be turned upside down if any positive news is released on/before Sept. 30th, and they have to cover their short positions.

You can check more about Billy Carter at following sites:

http://www.bizjournals.com/triad/print-edition/2014/03/21/a-troll-or-a-foe-of-trolls.html?page=all
http://www.columbusceo.com/content/stories/apexchange/2013/07/13/has-patent--will-sue-.html
http://www.nytimes.com/2013/07/14/business/how-a-typical-patent-battle-took-an-unexpected-turn.html?pagewanted=all&_r=0

Make a search on carter in 2nd and 3rd URL. It seems that new owner of IEWEB Mr. Carter really has deep pockets. He has probably invested in ICEWEB not to double or triple his 116K but probably to multiply his 116K by 100s of times. ICEWEB and KCNAP play in the hottest cloud space. It seems that Mr. Carter is involved in too many businesses that I can track. He is also the president of Plant Transformation Technology (PTT) with chairman Erich Spangenberg of IPNAV (check above links). He seems to be very much involved in IPNAV as well, which has sued 1600+ companies.

http://www.planttt.com/team.html

Also he is the president with chairman Erich Spangenberg at IPCM:

http://www.ipcmadvisors.com/about-ipcm/management-team/

He is an owner of UnifiedOnline! LLC

http://www.uoip.org/content/index.php?option=com_content&view=article&id=1:about-uo-ip&Itemid=185

Again, IMO, Billy Carter probably didn't buy ICEWEB for 116K to double his money but to make it really big. This is probably the last week and we should hear news (official 10-K) from ICEWEB before Sept. 30th deadline.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.