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"...out here in daylight..."
Overcast with even a tiny bit of snow, here, today. Hoping it is the last. I want to go outside and play.
8(
"chase?" Do not know why, but when Rader name mentioned, it made me think of this song. Used to love listening to it when doing long road trips.
Sometimes I think everyone but me knows the amount of the settlement.
Cool!
I do not have a clubhouse, but I have a 2.5 car garage and a storage shed.
Wife keeps putting stuff in both, so, if the settlement amount is in there, I will not be able to find it, with all the clutter.
Stay well.
Are you saying we know the settlement amount?
"Will get into more with my report to come."
Looking forward to it. Hoping the judge did not call anyone a "douchebag." Been watching bits and pieces of the Johnny Depp trial, and it is pretty strange.
I mowed the lawn today before it rained. Self-propelled mower with front wheel drive. The lawn looks really nice.
You may as well post it.
Did the judge say "trust Billy?"
Thanks for keeping us informed.
Billy there?
So, maybe Leane & Billy engaged against UOIP shareholders and others in an act of "fraudulent concealment"?
Hmmmmmmm...
Are there any consequences to "fraud?" I thought that resulted in treble (triple) damages in some cases.
I recall.
Good reminder!
8)
I understand.
He did not expect shareholders to notice and folks trusted him to behave honorably, since they behave honorably.
Stay well.
I do not understand how the criminality component enters the picture.
It would be great if someone could explain.
So, let's assume Billy is found to have engaged in fraud by entering into contacts and side deals that he was not authorized to commit to...effectively, he sold stuff he did not own.
In the very recent past I was engaged as an expert in a case of fraud (really obvious and some "professionals" cheated some elderly folks out of a lot of money) and the case settled with insurance companies and defendants and no police or FBI or official agencies were involved in the resolution.
TIA
PS: I wonder if Billy has D&O insurance?
There is just something wrong with his brain housing group.
Stay well.
I forgot the date.
Recently, as I recall.
Darnitt!
Missed him when folks were self-reporting shares.
Prior docs have numbers.
I can only assume that what has held true in the past will be held true in the future.
Ooops!
Did I say that?
8)
I do not believe that is the settlement amount, but stay fun.
If Leane is in the driver's seat, is she the back seat driver?
Trust Diedre?
She could be a fine southern gentlewoman.
Maybe give her a call?
We trust you to call him.
I think there were others.
May be best if those who know him well contact him.
Stay well.
I just glanced at one of the recent legal filings and see references to ChanBond getting a share of the settlement under a variety of scenarios. I am not an attorney and there are lots of redactions. Still wondering why those in contact with Billy in the past have not contacted him to find out what is going on. Stay well.
UOIP owns ChanBond.
Who disbursed a payment to the inventors or CBV?
Was it Leane and IPNav or ChanBond?
Stay well.
When time permits, please replicate the methodology I have suggested and let me know your thoughts. If you agree, we will go into the forensic accounting business together. AJ
8)
PS: I think the law firm could confirm or suggest a flaw in the approach, if warranted.
You are very kind.
It was your posts that prompted me to try this.
It only took 10 minutes.
So, for every UOIP shareholder...
1-take the legal docs where gross settlement amounts are redacted
2-snip that entire line and put it in a Word file
3-retype the entire line using [1] Time New Roman (I used 12), [2] Arial (I used 11) and [3] Helvetica...both were the same
4-put in dollar signs, commas, and pennies
5-vertically align what you typed in your Word file to the snip, or visa/versa
6-assume that Leane got 22% (or 10% or 30%, it does not matter)
7-you are not attempting to identify the precise amount, just the number of zeros
Do this with as many docs as you like to assure consistency in your conclusions.
I am thinking billions, but could be mistaken.
Stay well.
Agree.
I just snipped some of the redacted sections of legal docs with big numbers into a Word file and tried re-typing those lines and inserted numbers using Arial and Times New Roman fonts and assumed the arbitration gave Leane 22 percent and it looks like total settlement is at least billions to me. I think a law firm could look at these and "back into" the settlement measure as hundreds of millions or billions or 10+ billion in a few minutes. Stay well.
Is that $300M in 2015?
If so, the amount would be larger.
We will "lie in wait."
8)
Thanky!
Watching Elon Musk, today.
Stay fun!
AJ
I truly believe that we should slow down and sue everyone and let a hot shot lawyer sue everyone and destroy some lawyer careers and build a trillion dollar reputation for him or her self. This is really National news stuff. Much better than the OJ stuff. If you can find a big law firm guilty of fraud, can you even imagine the billings and revenues that would follow!? Gee! I wish I was 30 nothing years old and could exploit this opportunity! Contingency, Guessing <3 years. 20%-40% of a few billion....and really fun! Slam dunk!
AJ
8)
Hoping Billy did not contract with law firms and others to commit fraud against UOIP Shareholders, but think he may have. I guess it will take time to unravel the tale. I wonder if attorneys can be disbarred for this kind of stuff. You know. Engaging in fraud for personal gain and stuff like that. Do they do treble (or triple) damages for stuff like that? No biggie if you have malpractice insurance, since they can pay the bill, but career and family name is kaput. I would love to take this case on a contingency and build an incredible name for myself that would ensure the generation of revenues for decades. In the interim, UOIP Shareholders can say "GO TEAM!"
PS: Law firms engaged in fraud can cite me on this.
Court custodianship and claw back, where appropriate, is desirable.
Stay well.
Agree.
Cookies represent the foundation for all legal arguments.
Law firms can cite me on this.
I agree.
This is why I recommend and UOIP Shareholders join the TEAM!
Stay well.
Join the UOIP Shareholder TEAM!
Your first paragraph is sufficient.
You cannot steal and sell something you do not own just because someone is not looking or is looking and does not file suit when you tell him or her to "trust" you.
Stay well.
PS: Law firms can cite me on this one.