UnifiedOnline Inc fka UOIP

[long uoip]

worshiping carter ~

jbbb, are we talking about the same WILLIAM R CARTER ??
(soon, our lawyer will find out if these allegations are indeed true,
in the meantime, the optics DON'T LOOK GOOD !!)

BrokeAgent ~ all of the lawyers I have spoken with insist that none of what Carter is doing is "legal;"

Carter thought once it was delisted, he could restructure the company any way he chose.

Carter was never given 20%. Giving himself 20% now would be fraud.
The increase in the amount owed to Bentham on additional money borrowed is malfeasance and a breach of fiduciary responsibility on the part of Carter.

Carter made us private through his malfeasance.

Evidenced by the 400 million preferred shares that materialized on the filing Carter filed with the State of Delaware

Why would Carter decide to "put working capital in UnifiedOnline!, LLC," his private company, and not UnifiedOnline, Inc., the company that owns Chanbond and the patents

Carter cannot legally breach his fiduciary responsibility to shareholders and arbitrarily decide to restructure the company so as to dilute the value of certain shareholders in favor of himself

as a fiduciary for UOIP, Carter was not acting in good faith.

if the allegations in Leane's request for TRO are true and carter follows through with any of them, he could face criminal charges as well.

Carter didn't bother responding to multiple requests from the SEC for the benefit of shareholders

If we're holding nearly a billion shares,Carter must have been dumping , either from the AS, or dumping his own shares into the market, which may be why he decided to give himself 22% of the proceeds instead.

If there is a $1 billion settlement, Bentham will receive $250 million for a $5 or $6 million loan? If the settlement is $2 billion total, that's $500 million. There is no cap on Bentham's payout. It's concerning, particularly if the funds borrowed were not used for the litigation. Since the lawyers are working on contingency, I would have to believe the funds were not used for litigation. The funds were not likely used to pay off UOIP debt, as that is what the dilution was for (those are the shares most of us own). And they certainly weren't used to keep UOIP a going concern. So is UOIP paying Bentham $250 million to $500 million for personal loans to Carter and Leane?

BrokeAgent perspective, she's proven to be a dedicated shareholder who has analyzed the financials, documents & court filings proficiently and in great detail !!