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The share value will plummet over 1.2 million shares when the current AS is 231 million? Lol yikes the feel bad stories in this place are a little dramatic at times.
Will take time for this stock to tread some green as people love taking profits along the way. A lot of people still awaiting court results, not realizing this company is rapidly progressing as they continue to demand more market share now that they have been officially recognized in the legal world.
Very good stuff. Excited to have the position I've assembled here, especially recently at these basement prices.
Everyone should also remember that it's been over a year since settlement date. Why did it take this long for any of the leaked information regarding settlement value to get out? Seems a bit convenient that the number started leaking as soon as they saw real pressure from shareholder action. Not to mention there is an NDA in place which prohibits anyone from releasing information on the settlement. To do so makes them liable to a counter-suit to get all funds taken back. They are not stupid enough to be releasing this information to the public as these are lawyers who have already been pretty clever thus far in trying to screw everyone involved.
So you don't recall? Or you do recall and just ignore the facts to continue the $125 million that is not confirmed officially by anyone of note besides Deidre's arb which again just happened to be released as soon as they got in hot water with shareholder action and also happens to carry no liability for their misleading information?
Again, I am not claiming the $125 million settlement number is fake, it's just not confirmed as you claim through an article that provides no sources and an arb that really means nothing to us at this point. There was definitely more to this deal than $125 million, I can tell you that. They don't sue a company that was a small piece of the pie for $133 million to then have a global settlement for $125 million when Comcast was 8x + more liable than Cox at a minimum. Especially when they made it all the way to trial and the defendant gave up on Day 2. There is no logic in that theory.
Zomby, do you recall your report back from trial regarding Mr. Whitman's statement that they were seeking $133 million from Cox alone?
What happened to the $133 million from Cox now turning into an apparent global settlement across all infringers for $125 million where Cox was only a fraction of Comcast.
Who attended all the hearings and clarified to everyone here to "Trust Billy"... wait no, "Trust CBV"... wait no "Trust Deidre"... should I keep going?
Some should tread lightly when reading posts from someone that meets a man like Billy Carter and immediately trusts everything he says... or meets opposing council and trusts everything they say.
One must also remember, had we listened - there would be absolutely nothing on the table for shareholders at this time as it would have been far to late to try and get involved legally when the ship has already sailed.
I like the quality response. Par for the course.
Who wrote this article... What was their source? Did they not declare right in their article that they had no source directly from either lawyer in question confirming the amount? Again the Deidre Arb is hearsay as they cannot be held liable for anything said in the arbitration.
If the settlement number is indeed $125 million and there is nothing else on the table by means of the patents being sold for a separate agreement - why then won't the powers that be release the information for everyone to see so they can get rid of disgruntled shareholders? Please do not say because of the NDA in place with the cable companies as they have already released this supposed settlement number in many different ways now to the public.
Why hasn't the cable companies put together a lawsuit as releasing an apparent settlement amount would be undermining the NDA in place?
It is unwise to claim the number is confirmed because of an article and an arbitration that was designed to mislead the parties involved in order to get them to go away. And also claiming that an article that will not even provide any real source to the information. For all you know Mischon got their $125 mil number from the Deidre arb just like you have and then makes claims to this author based on that information. In short, this article, along with Deidre's arb, confirms nothing.
Yeah, anyone with $100k + looking to get in can send the stock on a 5-10% run in a few minutes. Same on the way down. The fundamentals of the company are very intriguing at this price level not even mentioning the intrigue from their current pending lawsuits that could be cash troves in the future. I'm glad I get more opportunity to buy more at these levels.
What will we be looking forward to when they give more illogical stays? LOL
Keep dumping please, hoping to scoop some $2s... would be very nice.
It gets tough for most to stick it out with a company that's success is heavily weighted on the court process that is clearly corrupted by big tech. Sucks because this company has very sharp individuals at the helm and their technology is a difference maker for the tech world. Hope people can realize what they own - judging by the dumping going on, I'd assume many are jumping ship because of a 3 month delay. Guess that is the way the penny world works no matter what. Good luck, hoping to buy more much lower if I can.
Yeah this Judge is clearly motivated. Otherwise someone give a reasonable explanation to grant Google a stay at this point in the process. His inexplicable actions speak very boldly for his interests. We have seen this before. 3 months doesn't change much besides shareholder's confidence in true justice which has always been a flaw in our legal system when David is fighting Goliath for recognition. It would be nice if our government would put something in place to avoid this type of behavior by Judges - instead our government officials have real motivation to turn a blind eye.
Google's motion to stay granted. Right after they granted out motion for sur-reply... Doesn't make a whole lot of sense LOL!
Lol at this point I wouldn't be surprised with the amount of emotional traders this stock seems to have.
"3 month delay"
"Sell sell sell, everything has changed"
Is anyone surprised lol? It's the same story over and over with these big corps that bought the politicians. Will never change.
Pretty unfortunate for NLST and it's shareholders as this is a very promising company with intelligent decision makers. I am heavy in this one so I continue to put myself through the pain of endless court system nonsense. No justice in this system whatsoever. This is not my first rodeo in this department, but it might be my last as these always go the same way.
Yeah he is a good lawyer... for Deidre.
Lmao I applaud whoever put their time into this one.
Agreed, anticipating a $6 break by end of week.
Weird right? Apparently all funds were already distributed. Yet Deidre and Carter are paying a lawyer to represent UOIP so they can do.... what? Twittle their thumbs? LOL!
Awesome post.
I love the lead up so far to this moment in the case. Absolutely enraged that the arbitration award amount was unsealed and released to the public, while fighting tooth and nail to keep everything under seal. Yet discussing the case with certain shareholders on Twitter feed. Should be very easy to understand when someone is giving up information willingly and holding other IMPORTANT information close to the chest - it is by design for their benefit.
I project that one hit really hard.
Goes to show the accuracy/credibility of the information presented in the arb filing. Considering there are no repercussions for making blatant lies or deceit in that arb.
"If you add up the probable 50% for the lawyers and Bentham, 22% for Deirdre, 20% for Billy and $1 million plus 50% of the net remaining for the inventors, you are looking at around 98%+ spoken for by contracts."
Bentham's portion might have some meat coming out of the net to CBV/UOIP if it is found they were awarded more percentage stake based on personal loans to Deidre/Carter. The 22% for Deidre will likely go away based on the very weak position that contract is in. The 20% for Billy might go away based on excessive fraudulent activity. These are contracts that very likely include substantial fraudulent activity, which will be handled in court.
Not to mention, why would we go off of a number that has been coordinated the week of real action in the CA case to be released in effort to discourage further pursuit. This looks very surely to be by design, and why operate this way unless there was much more detail to hide? I'll make a wager there is a lot more on the table than $125 million when everything comes to light in shareholder discovery.
We have not been advised by opposing counsel, so to shareholders - that is hearsay. Not to mention, I'm not sure many of us would take advice from opposing counsel - they have shown they are very willing to mislead for their own strategy.
Muddy is a good description. Whitman is affiliated legal counsel for Chanbond, Diedre, and apparently a legal adviser of particular shareholders as well. Seems very fishy, no?
It's obvious what the objective was behind this. Suddenly the week there are real actions occurring in the CA case - they decide to release a little crumb of information hoping it will stick and shoe off our hot pursuit.
Suddenly they “screw up” the week of major actions in CA case when they have been holding this information as close as possible to their chest for many many months, this is fun stuff lol. By design bud.
So why would Bentham have funded the entire thing for millions and millions of dollars. Why would Mischon and others have continued their pursuit for years in court on contingency? Doesn't make sense to point out one man who backed out for retirement while many other plays stuck around and invested tons of time and money into it and not mention them?
For all we know, Erich has a large piece of the pie in an agreement with Deidre on turning the opportunity over to her.
I know what ZW was referencing and I just wanted to know if this is his 1 source to claim that the settlement was less than $100 million.
At the end of the day we are not even sure how much Bentham came out of pocket for this thing. I would not be surprised if they were $10 million deep when all was said and done between Billy's loans/Deidre/legal.
With that being said I'm pretty sure a $100 million settlement/sale of patents would be extremely frustrating for that group after everything was distributed between all parties.
There are so many shenanigans played in this entire process, I would not be surprised if there is a lot more to the pie in way of a purchase of the patents that was never shared with CBV. Meaning there might have been a sale separate of the settlement to close out the lawsuit - therefore Billy only claiming he got a lowball settlement and hoping to get away with paying all parties out based on that lowball settlement and walking with the sale funds. We won't know until everything is unsealed and we can demand information via discovery from others such as the the cable companies and their suppliers.
All in all, everything is in play as much of a charade has occurred in this entire thing.
Just want to clarify that the source you reference on the settlement amount being under $100 million is found in this filing where Earl Hennenhoefer claims himself and his partners at CBV were not happy with the settlement amount?
Seems a bit of a stretch that we are to believe the lowball numbers because Earl and his partners were not "happy" with the amount. What were Earl and his partners expectations? If they expected $3 billion plus and it ended up being $1 billion would that have merited this statement?
Secondly, have you entertained the idea that there was a settlement and then a potential sale of the patents outside of the settlement - which has not even been presented to CBV? Until we are able to demand discovery on everything (including information from the MSOs on the final sale/settlement of the patent lawsuit) we have no clue what has happened.
Well judging by the amount of delays and billed time she had against this case where the defendant ended up giving up on day 1 of the trial after bringing in the “high profile” attorney to replace her poor performance in the case - I’d say she did a terrible job for them.
Jennifer Ying... boy did she do well for those thieving cable providers or what?...
Let’s wait for his “proof” before we refute.
The problem is, I don’t need to offer sources to my information because I’m not proclaiming specific scenarios and events such as a lowball settlement. I’m relying on fundamentals of the case throughout its entire process.
1. The case took place over 5+ years through the PTAB process and then finally trial with ONE of the 13 defendants.
2. The defendants, after 1 full day of trial, gave up and conceded defeat as they had no realistic defense against Chanbond.
3. The valuation expert who’s testimony was accepted and included in the court had a very wide range, with the lower end being multiple billions of dollars in damages.
4. Carter and lawyers are holding the settlement/sale of patent financial information very close to their chest.
With all of these items, it’s pretty ridiculous to think there was a settlement lower than $100 million as has been proclaimed here time and time again. If the number was so low, again, why hasn’t Carter and lawyers leaked the information or made it public in order to discourage shareholders from further legal action which makes things much harder for them. Instead, they do the opposite and fight tooth and nail to keep everything sealed and heavily redacted. RED FLAGS.
Also, why did Carter and lawyers wait until the final moment when the defense gave up to decide, yeah let’s go ahead and settle for peanuts because you guys got us good. Laughable.
You do realize there has been a motion to dismiss filed in Deidre’s suit correct?
Anyone can tell stories based on what they heard - and not to mention it would be wise to understand who these parties one is having discussions with... is. Going to hearings and listening in to what is later posted for public information along with reading filings which are public record are not some credentials that should be listed in reason to listen to one's position. Everyone has access to this information and nothing inside any public filing has lead anyone here to believe they should defer to Deidre's derivative lawsuit in NC and give up based on some hearsay about a lowball settlement. The patents were very clearly sold - so let's get to the bottom of what exactly UOIP took in for the SALE of the patents - not a settlement amount. Carter has already proven to perjure himself in the CA lawsuit - now we know he could be saying a bunch of garbage without caution for his own freedom. Until we get everything unsealed with an intervention in this case - we will not know what is true. And it's definitely not wise to take a party's advice which has totally different interests than our own.
I'd encourage a reasonable answer to the following question:
What might the purpose of the patent creators be when they reached out to a shareholder in March 2021 - while the board was very active with posts from angry shareholders discussing litigation against Carter and Leane? Anyone want to take a shot at describing what their intentions might have been?
Let's discuss.
The filings are there for all of us to read - and in no way support the message your presenting to this board. The hearings are on public record as well - minus the private conversations with opposing counsel. The contacts are parties with interests that do not align with shareholder's interests - on the contrary they would benefit from our walking away from this.
I'm sure someone has the "Trust Carter" posts archived as well.
AGAIN - you have spoke to opposing counsel, and a third interested party in this case that is continuing their fight for additional funds - however telling shareholders they should not continue to fight as there is nothing to fight over. This is clear as day a poor decision to listen to either of those parties as they would want us out of the picture regardless, for their benefit.
Our intervention in the CBV case is paramount to understanding what we need to know in order to move forward effectively all things regarding UOIP.