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Yes, EXACTLY! Carter & Deirdre R "The CABAL".
It's great to know we can ALL agree on that.
It's Happy Hour so if logic dictates, this should remain.
Could an very entertaining movie like this ever be made again today?
IMHO, Carter is headed for "Club Fed" (or worse).
He & Deirdre completely defrauded investors then. ALL will be uncovered in discovery.
UnifiedOnline, Inc. (UOIP) was a public company known as IceWeb.
In the entirety of the financial scope of this ~7 year+ nightmare, almost none of this was known to investors. Why?
If it smells fishy and smokey, a large beautiful freshly caught Pacific salmon is on the barbie being smoked somewhere nearby.
I think I'd contribute an extra $25,000 to see someone here deposed. It was my understanding ALL this information was privileged & under an NDA. Everything expressed claimed or regurgitated is news to me. Plus, Carter is doing EVERYTHING to fight us. Why NOT come clean & disclose then?
Assume the position Ralphy Junior. DEPOSITION is coming.
G'day mates
That's EXACTLY what we're doing (if all true).
What else can we do? Any suggestions or recommendations?'
Thanks.
"The REAL show" is just beginning. See Ultra_Vires_Acts.
IMO, Carter's in deep, deep doody. The crazy thing is... he knows it, his lawyers know it and we'll soon PROVE it.
This was a public company with existing shareholders before Carter took control (IceWeb, renamed, rebranded and IMO falsified).
As I've always stated and still believe, this is (was if SH) a 1 in 10,000 opportunity.
When discovery starts, if makes it that far, especially when (if) documents unsealed, "REALITY" will be revealed.
Plus, I understand a book is in-the-works. Carter = Antagonist & POS; SH = Protagonists.
Maybe it's just me but I see many parallels...
https://money.cnn.com/2018/03/09/news/martin-shkreli-sentencing/index.html
P.S. "Heartbreaking" experience isn't quite what Carter may feel (again?).
EXCEPTIONALLY done & succinct MK. TY.
Moreover, you hit some major critical points & highlights.
Speaking only on my behalf, the low-ball "accepted & reported" settlement amount makes no sense to "The Gated Community" or anyone with an IQ above 50.
Your posts are NOT only informative, but affirm the hypocrisy.
Scruff-Daddy-Dog-Daddio-Dogma
P.S. ChanBond wins and we sÜe. Carter's day is CÖMING to OWN his MISDEEDS.
Knock, knock... Who's there? The FBI... The FBI? Oh, and the SEC tÖÖ. JMHO.
• • Unseal & Reveal • •
No cap Bentham; Legal on contingency...Smells FISHY!
SH'rs <> CBV (B'ing mucked-over w/ chitty contract).
I think he missed some required SEC filings. LÖL.
I was compelled to do it. Thank you.
10-Q & Chanbond Purchase
UNIFIEDONLINE, INC.
By: /s/ Robert M. Howe III
November 23, 2015
Robert M. Howe III
Chairman of the Board and CEO, principal executive officer
By: /s/ Ellen Sondee
November 23, 2015
Ellen Sondee
Chief Financial Officer, principal financial and accounting officer
10-Q (After purchase from Deirdre--2 directors signed-off on 10-Q so board still intact)
https://www.sec.gov/Archives/edgar/data/1097718/000135448815005300/uoip_10q.htm
10.2 in above link on October 27, 2015 (Chanbond purchase by UOIP, Inc.)
https://www.sec.gov/Archives/edgar/data/1097718/000135448815005300/uoip_ex102.htm
When you read “IN WITNESS WHEREOF, the parties have caused this agreement to be executed and delivered” is a statement made by both parties to the contract that they are signing this contract and implicitly recognize that its terms are binding.
The statement in witness whereof, the parties hereto have caused this agreement to be executed is an ancient way of saying that parties agree to be bound by the terms of the contract.
In the modern times, this expression brings little value from a legal perspective but continues to be used to show a level of formalism in the contract.
You can very well say remove the “in witness whereof” and simply say “the parties hereto agree to enter into this agreement”.
https://incorporated.zone/in-witness-whereof/
https://www.michalsons.com/blog/witness-signature-required-contract-agreement/12325
Representatives must be authorized to sign for the company. These representatives can include board members, managers, and other personnel. If an employee who isn't authorized signs a document or contract on the company's behalf, this can cause legal troubles.
https://www.upcounsel.com/authorization-to-sign-on-behalf-of-the-company
I'd think (if can be done). What's your ask?
I'm sure many are curious. What's your asking price per share?
There would have to be a contract between the two-parties and then there's the tax liability.
Would probably have to wait until settled and buyer cut you a check for your tax liability.
Private party transactions happen all the time, but don't know the legal details.
Also, in which country do you reside?
Still_seems_like over $1B total pour_moi (2_me).
And hopefully, they'll only discount 25%.
Dr. Teece's estimates were b/t $0.28 thru $1.06 per modem, per month.
40 cents already seems "considerably" discounted and highly reasonable.
ChanBond was seeking $133M (or $140M) from Cox. Forgot.
$133M*.60 = $79.8M (discounted 40%)
$140M*.60 = $84.0M
$133M*.75 = $99.75M (discounted 25%)
$140M*.75 = $105.0M
And if memory serves me correctly, Deirdre wanted $100M minimum for Cox.
Comcast should be 4* Cox + Willful Intent.
Taking $79.8M * 4 * 2.5 (discounting WI 16.67%) = $798M
And then Charter for $79.8M * 3 = $239.4M
Add it all back together and over $1B.
Plus, we don't know exactly what "Global settlement" means since indemnifiers involved.
Did they buy the patents as well?
ON THE ROLE OF JURIES IN PATENT LITIGATION
• "the determination of the amount of damage is a question of fact for the jury".
https://www.oblon.com/A11960/assets/files/News/256.pdf
Total Top Cable Subscribers at end of 2Q 2021 = 74,737,451
• Comcast__31,388,000
• Charter___29,634,000
• Cox*______5,485,000
https://www.leichtmanresearch.com/about-890000-added-broadband-in-2q-2021/
462 providers offering Cable service in the US
https://broadbandnow.com/Cable-Providers
Au revoir, Scruffourrure
& he's back. I think SH'rs almost there.
These THINGS don't fund themselves.
Could use everyone's (all SH'rs) fair share contribution however.
And it's only 1/10th of 1% of shares.
For every 1M shares = $1,000.
And many SH'rs are generously contributing more, but still many others turn a blind eye & go AWOL.
I thought we had a better & more united group here, but maybe mistaken or naive.
FWIW, I'm over my fair share contributions to date (now) if it'll reaffirm anyone's doubt about my belief in this.
They're going to add value for us.
And everything stems from Congress and ALL their laws.
A similar thing could be said about CPAs, both auditors and the tax specialists who hide and/or launder money for people.
Like I said, "People are people. Some good, some bad.".
In every profession and in all societies.
We're all "Homo sapiens" after all (at least most of us anyway).
People are people. Some good, some bad.
Yes, the legal profession does attract some "Crooked" attorneys but since know the law, attracts more bad people than most other professions.
The funny thing is, most everyone hates attorneys until they need one.
Judge Andrews is an attorney. Seems like a good person to me.
https://en.wikipedia.org/wiki/Richard_G._Andrews
Rule 67. Deposit into Court
https://www.law.cornell.edu/rules/frcp/rule_67
Personally, I'd park it in:
• A bond fund of all "cash rich" companies
• An S&P 500 index fund
• A couple dividend paying mutual funds or ETFs
• A large-cap diversified global index fund or ETF
• A mid-cap diversified global index fund or ETF
• A small-cap diversified global index fund or ETF
• A couple long-short ETFs of hedge fund money managers I like
• BRK-A
Completely diversify. About 10% in each.
That's ONE of the many things don't understand about "Greedy Carter".
He'll never have to work again, so what a COMPLETE POS.
What would you do professor?
Oh, I don't know, but must be illegal.
It was more rhetorical, but if it's the Attorney General (or whomever), I hope the proper legal authorities investigate and prosecute.
Not sure if any SEC action will follow or what will/should occur.
"All shareholders" means everyone, all common.
• Those not on this board
• Those who have NOT contributed to legal
• Those who have (unfortunately) passed away (RIP)
• Those completely unaware of inheriting shares
• Yes, even Carter's ~903M common
• And Deirdre's 44.7M too
Our goal is to get as much as possible paid to each and every share.
>>> Our money resides in the shares. <<<
And the more side-deals we can void, a higher value for each & every share.
Lastly, see BA's post (# 92120). Class-action is completely different, MUCH MORE COSTLY, requires much more time and the lawyers scalp the SH'rs.
Thank you.
Thank you (again) long uoip sir (4 posting).
Apparently, this is another language (¥Ü £Ü sir) so requires the English translation as well.
Oh, and I have it wrong. It should have been (TÜ...). Sorry.
>> Just posting this part to inform others of things like LOL or other type short-script posts.
Thank you.
P.S. And many of those are Greek to me.
It's rare, but still legal 2_sue_4_UVAs.
Most "Real" companies have boards so since board makes decision, cannot blame an individual.
But clearly NOT the case here.
Wouldn't one have to be a complete buffoon to do this?
Knowing all side-deals can become void.
FWIW, Carter's legal was highly, HIGHLY concerned when informed by our legal.
This is fantasyland pinkyland after all.
A little Carter self-talk:
• "These morons don't have the money or knowledge to sue me"
• "This is a (sub)penny (turd) stock"
• "I'm the great Billy Carter"
• "I'm untouchable"
• "Even Deirdre can't get me"
• "Look at me, I'm handsome"
• "I just won a multi-billion dollar lawsuit"
• "Now who can I borrow from next?"
Who would've thought shareholders would ever sue?
Such a gross, blatant and embarrassing situation, wouldn't one think most ALL UVAs cases are sealed.
You're gonna need a better search engine.
Going back to one of my original premises,
What would prevent:
• Any company from acquiring another
• Not file SEC documents b/c didn't feel like it
• Purposely allow the stock to become revoked
• Change the terms in your favor
• And keep all the proceeds?
This is an exceptionally rare "once-in-a-lifetime" situation.
Scruffuation
https://www.legalmatch.com/law-library/article/when-does-a-contract-become-void.html
*That is incorrect. All SH'rs represented.
And if one contributed to the legal fund, one would know this.
We have it in writing from GMC2020 and ice.
Moreover, we've gonna down this road.
A class action lawsuit is much more expensive and requires much more time.
This is the most efficient way.
And everyone should thank GMC2020 and ice for putting themselves as named plaintiffs out there for us.
One may never know what lengths Carter may avenge against them.
He is clearly petty, hostile and not an honorable person.
Most_definitely. SH'rs_filed_lawsuit_over 1 month ago.
All shareholders represented but didn't go class action b/c this was most efficient way.
Response due by Carter (his legal) in 2 days, Wed, 10/13.
Lawsuit in bottom link.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166131293
IMO, Carter has few ways outs, if any, w/o coming to an agreement with SH'rs.
Until tomorrow.
Goodnight My face (and all).
P.S. Your alias always cracks me up and makes me giggle.
Oh, and probably see cusip # = 90470w101 (in most cases) next to shares.
No, there's lots of HOPE & a WIN.
That's SF being facetious & sarcastic.
It's been a running joke and posts of his for over a month now.
He uses different quotes though.
Kinda like AJ's, "You owe me money" clip of Lee J. Cobb.
It may be better to remain anonymous though.
But a book should be written.
Maybe only being a contributor is wiser.
Have to think about this one and/or how to proceed.
Must win our battle with Carter first.
Still one heck of a story.
I've never been in contact with them.
I think a few have though.
But one would hope they'd be more vocal or supportive towards our efforts about Carter honoring the common.
And one would think some of their friends and neighbors may have bought too.
I would think they would be men of integrity since engineers.
This mess and delay can all be blamed on Carter.
And it may get a whole lot messier.
We'll have to brainstorm.
There are so many.
"Trust Billy".
"Chanbond wins, we all win".
"I'm a shareholder too".
I have one but not going to disclose.
You may want to make a spreadsheet.
And I'm very serious, especially when win and get paid.
I'll have or make the time.
It will have to be a collaborative effort anyway among many of us.
So many have good stories, info, posts and personal journey.
Antagonists = Carter & Comcast (with MSO 13).
And then RPX, Cisco, COMM (Arris), Carter and...
I'm gonna have to check with flyingboozeman if he was serious about doing a book.
We'll need a Michael Lewis type (or professional) to try to co-author.
Protagonists = Mainly us shareholders, and then the 3 inventors (even though they haven't been supporting our efforts or I'm not aware of anything).
P.S. And cannot forget the "cookie recipe".
It's gonna have to be a collective effort.
Wait until the book (& then hopeful movie) come out.
Carter will be the antagonist and completely go down as a POS.
Who wouldn't love this story (besides the cable companies & some)?
And all these characters.
"Inspired by actual events" or "Based on a true story".
Not sure for liability reasons what will be required.
And wonder if Carter will even respond by Wed?
Either way, to me, he appears to be in DEEP <--->.
I see very few ways out, if any, on this one.
Yeah, that was gr8 2 hear from U all.
I think most ALL got a great laugh about the "Cookie recipe" analogy.
And how insulting it was to the jury, especially all the women.
Now we just have to get Carter.
I'm not even sure if he's completely aware how much we can muck-up his world.
And any cover-up attempt is going to be worse than just succumbing to meeting with the shareholders.
Big week ahead. Supposed to get response by end-of-day Wed, Oct 13th.
Else...???
P.S. Thanks for posting LT. This board has little action now, but I find it easier and faster to navigate.
MATERIAL EVENTS r reported_&_disclosed in many ways.
• Plus, I'm NOT even sure if all the negotiating is over?
• And wouldn't you think at least 1 article would be published that the settlement & case is 100% FINALIZED?
BTW... All my posts are just my (un)educated opinions, estimates and guesses anyway.
What is considered a "MATERIAL EVENT"?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165868326
Bury bad news in footnotes.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165871823
PhD accounting professor thinks may use 10% of NI as material.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165868928
No matter how you slice it, that's a lot of greenbacks (even with inflation).
Scruffation
P.S.
See the 3rd 10K-A.
Section III.
Subsection C.
Paragraphs 17.41a and 105.1y**.
Lines 19-51 and 875-1,362 respectively.
**See Managerial Comments & Analysis, Footnotes and Notes Sections (Attachments 99.1 and S11.2).
Well, apparently, either has Carter.
• I would think delinquency falls under "Breach of Fiduciary Duty"
• Along with, like ALL non-disclosed and non-filed SEC required documents, 8-Ks
I guess we'll all learn something with this case and lawsuit.
And since "Ultra Vires Acts" occurred,... ALL,... "YES ALL"... SIDE-DEALS made by Carter WHEN PUBLIC can be VOIDED (or renegotiated) since acted independently w/o board approval.
Bentham will be entitled to any loans and interest payments owed though.
And since no "known?" cap on Bentham, whatever (probable) "Kickback consulting-fee scheme" Carter had is gone.
My estimate is knocking-off at least 35%, allowing more dollars to go to the shareholders.
And if go by Dr. Teece's numbers of $0.28 - $1.06 per month per modem and:
• The total number of infringed modems (units) deployed or in-service
• Which companies had "x" amount of units for "y" amount of months/years
• The total number of subscribers (customers) each company has/had
• Which companies indemnified, by who, for how much and for how long
• Etc.
The grand total settlement amount has got to be WELL OVER ONE BILLION DOLLARS.
Who knows, but a HUGE, WHOPPING, GIGANTIC number (and this includes discounting).
Forgot if Chanbond was suing Cox for 133 or 140 million, but discount to $100M.
And from our field court attendees (thank you again), informed the hired guru, Thomas M. Melsheimer of Winston & Strawn LLP, just gave-up, left abruptly and knew he was losing TERRIBLY by reading the jury. He didn't even finish.
And Cox dwarfs both Comcast and Charter. They're ENORMOUS!
Comcast alone could be on-the-hook for $1B+ since 3x since acted with WILLFUL INTENT.
And what EXACTLY does GLOBAL SETTLEMENT mean since indemnifiers involved?
All the U.S. cable companies? 462 current cable providers. Doubtful, but never know.
Subscribers at end of 2Q 2021
https://www.leichtmanresearch.com/about-890000-added-broadband-in-2q-2021/
Market reach (coverage potential of each provider)
https://broadbandnow.com/Cable-Providers
Carter's lawyers knows he's in deep, he knows it (now), our legal knows it and we know it.
Haircut anyone?
Scruffcut
P.S. And a nickel a share isn't ANYWHERE close.
gÖÖd morning AJ and LONGS.
What is AWESOME is...
• We're ACTUALLY going to WIN this.
Also, I certainly, CERTAINLY & MOST DEFINITELY HOPE you're WINNING your battle too!
"No biggie" REALLY took me aback. :(
Scruffiggie
Carter = Last obstacle & hurdle
And many thought we would NEVER make it this far.
And not too long ago, at least mentally, remember being b/t stages 2 thru 4.
Time sure does fly. "Hootie hÖÖt".
Once stages 9 and 10 conclude, if haven't already??? Carter should be last hurdle.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150307918
And one cannot defend "Ultra Vires Acts".
The LAW is CLEARLY, UNQUESTIONABLY & DECISIVELY on our (SH'rs) side.
By next Thursday, 10/14, we'll know our next step.
Scruffurdle
No PM. Caribbean works 2 mÖn.
It's AWE-AWESOME! Been. One happy place filled with happy people.
https://visitstthomas.com/
https://www.nassauparadiseisland.com/
It is paradise, but couldn't live there. (No seasons).
In hindsight and consideration, a better getaway anyway.
Doc: It doesn't get much BIGGER! Shetola. :(
I'll see you and the Mrs. at the party.
https://www.zazzle.com/cancer_survivor_t_shirt-235724200683198789?pv2=eyJhbGciOiJFUzI1NiIsInR5cCI6IkpXVCJ9.eyJjIjoiVVNEIiwiZXhwIjoxNjMzNjIxMzgwLCJtIjoiNTIxOTQ1NCIsIm8iOiJ6MjM1NzI0MjAwNjgzMTk4Nzg5IiwicCI6MjAuMjYwMDAwMDAwMDAwMDAyfQ.kbziJq8ZEd2wKKMxPGZEslhawBe5cFdGMEuLJCcoAar5hxMO_h6PtGtdwPKdbxjWhfX4RLG6E53g7j8fFjCRJQ&rf=238840279726397180&tc=EAIaIQobChMI9Iuclsu48wIVW21vBB0hVAhoEAQYBSABEgKIRfD_BwE&utm_source=google&utm_medium=cpc&utm_campaign=us_shopping&utm_term=z235724200683198789&ca_chid=2001810&ca_source=gaw&ca_ace=&ca_nw=g&ca_dev=c&ca_pl=&ca_pos=&ca_cid=382210327156&ca_agid=82099084270&ca_caid=6501140351&ca_adid=382210327156&ca_kwt=&ca_mt=&ca_fid=&ca_tid=pla-1395308999400&ca_lp=1024290&ca_li=&ca_devm=&ca_plt=&gclsrc=aw.ds&gclid=EAIaIQobChMI9Iuclsu48wIVW21vBB0hVAhoEAQYBSABEgKIRfD_BwE
https://www.spreadshirt.com/shop/design/chemo+cancer+mens+t-shirt-D5f8e078d2b99f61e169b0277?sellable=0XGnp8OMp0hzJo1Nalol-210-7&appearance=2&affiliateID=7555&gclid=EAIaIQobChMIi9PquMu48wIVSW1vBB0q7wkaEAQYAyABEgIEwPD_BwE
I feel so_bad_4_U, but love your attitude.
You definitely help make & keep this site "FUN".
Thank you for that.
P.S. And that cancer is some EXTREMELY SCARY shetola.