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Is there a particular reason that the Chanbond filings are hitting Ihub immediately but the Centauri filings seem to get left out? Bit confused on that point.
You realize if we are granted intervention then we greatly diminish her chances of successfully retaining what she thinks she is entitled too? And as I said, there has been an arbitration that occurred and she clearly has aligned interests with Carter at this time to get this settled. She has no control over Chanbond/UOIP. Why is this even a topic right now? It's hard to understand that there is confusion on this topic.
And you also realize Carter and his camp have responded to our requests for intervention correct? So I don't know why you present it as though she is the only party responding to the request on behalf of UOIP/Chanbond.
ALSO - IPNav is an interested party in the suit, therefore they have made their recommendation on whether to grant or reject the intervention just as CBV and Chanbond have. I guess your missing that point as well?
Understand that Deidre wants to get this resolved immediately as it benefits her most to get this resolved without our intervention. Obviously she is making an attempt to cut us out so everything can be resolved and the funds get distributed. She is not a simple bystander waiting for $5 million. She is heavily involved in the events leading up to the current circumstances we find ourselves mixed up in between IPNav/Chanbond/UOIP. As I've said, how can Deidre be in the driver's seat when she had to file a TRO herself in fear of funds being distributed without her interests being protected? She has recently achieved an agreement with Carter it seems and is currently fighting to shut shareholders out completely to take care of the CBV suit and get paid - then let the court process go on elsewhere in California and decide to settle for a lower amount at a much later date to get shareholders to go away. If we sit by and watch - then we have played right into their hands.
I'm not sure how this does not bode well for the shareholder?
Signed documents will definitely trump in this matter. One cannot sign a contract - realize later they made a mistake and then claim they made a poor decision based on threats with any real success in court - otherwise contracts would be entirely pointless in practice.
Deidre is an interested party in this case and it can be assumed her and Carter have come to some sort of agreement moving forward - just because she is doing the heavy lifting on the legal side right now does not mean she is in the driver's seat.
What decisions had Deidre made?
How does this infer that Deidre is in the driver's seat? Deidre filed a TRO in 2020 because she had no control over the decisions made by Billy Carter and Chanbond's legal representation that negotiated the sale/settlement in 2021. How can one draw a conclusion that Deidre is in control due to CBV signing away the patents to IPNav when she had to file a TRO just to protect her own interests in this lawsuit? She rescinded her 22% share as advised by Chanbond's legal representation and then had to fight to get it back. Now the premise on this board is that Deidre is in control?
There is purchase agreement in place where UOIP acquired Chanbond and Chanbond is the listed entity on all legal documents referring to these patents throughout the lawsuit/PTAB process.
Not sure whether these inferences are made up by design by some on this board or if there is just confusion. This has been closely followed by many on this board for years now and I'm not sure how there could be confusion surrounding this circumstance.
What Earl is arguing is that they were manipulated by Deidre in order for her to gain control of the patents through IPNav - thereafter IPNav consolidated the patents under Chanbond which then was acquired by UOIP. Which explains why Deidre was not involved in the negotiations and ended up filing a TRO to protect her own interests.
I'm really curious as to what grounds their team thinks they have to get an intervention thrown out just because we have lawsuits in other districts?...
So in other words, "Let us figure out our arbitration between us without the interested party of shareholders so we can distribute funds, and they are protected with their other lawsuits"... Hilarious activity.
Because we have not been granted intervention into this lawsuit yet. The legality of what has transpired between those making decisions (whether legal or not) for Chanbond/UOIP and UOIP shareholders has not been officially recognized in any court yet. Hopefully we are granted intervention so we can plead this aspect of our circumstance. Essentially the defense is trying their best to keep us out of the picture as long as possible and hoping we are not granted to intervene. If there is information in those documents that were dispersed that included amounts of funds available after the settlement/sale of patents last year, this could be a real encouragement to shareholders to continue their fight to fair treatment even if not granted intervention.
I find Carter's team to be a bit sloppy at this point - thankfully they were solid in the case against the MSOs.
I got mine approximately 3 1/2 weeks after docusign execution. Once the shares are transferred over VStock sends Peter an update on Mondays and then Peter signs the docusign.
Just an update on my situation. Just received the funds this morning. Took 3 1/2 weeks from docusign execution. Hope the best for everyone.
Yeah that comment made no sense at all. It's total nonsense the lack of care they have to get the funds transferred out after we have cooperated with getting the shares back to them. Total lack of professionalism which will be referenced when deciding whether or not to indulge in their new reverse merger here. Total sh*t show this has been even to the last step in the process of getting paid. Does not even care to respond to any of my emails.
Lol what is the point of being unprofessional and pissing people off. Makes no sense.
Where did you here that other people not getting their shares transferred is holding us up? Sounds like a bullshit excuse to me.
I have less shares than you, but nonetheless, waited as long as you for this to be over. It's pretty unfortunate that they did this to save face with the market for their merge into MSSV and now we get more BS.
You mentioned that they are dealing with people out of us that are taking more time?... Does this mean our payments are held up because they are waiting for everyone to return shares before releasing our payments? If so this is total nonsense. I was told by Peter we should be paid within two weeks of executed docusign. Also others have been paid why would ours be held up?
I have asked Joseph for an update, realizing he does not represent nor is involved in LAHO operations, and he told me he could not help. It’s on Peter and he has either ignored my emails or is not looking at his email. It’s pretty frustrating when I was told if payment was not made within 2 weeks then reach out. It’s been 3 weeks tomorrow and not a peep after 4 emails now. Mind you when I asked for help on getting my shares transferred over to LAHO, it was a 1 day turnaround.
I don't have doubts it will get taken care of - I do however have a problem with zero communication since they got my shares back so nothing they have to wait on. It's unprofessional in my own opinion.
I'm coming up on 3 weeks post docusign execution and nothing.
Nevermind on my last post, looks like we have the same email address. I find it pretty comical he is responding to you when your trying to give you shares up to him, but won't respond to the guy who has yet to receive any funds after the docusign has been executed and shares are gone. Getting pretty suspect here in all honesty.
lahostockbuyback@gmail.com
As i said prior, he's responded to me when I reached out on how to get the docusign complete. After the docusign is complete he has gone ghost. Pretty weird, wouldn't you say? He even told me in the email if I haven't received funds within two weeks of the document being executed then to let him know. I've let him know and no response.
I too got that same correspondence. Not sure what the deal is here or if he does not log onto the buyback gmail ever... Can you provide any other email addresses if you have?
Now 2 and a half weeks since my docusign was executed by Peter. Still crickets after 3 emails requesting an update. Not sure why he can’t take 1 minute to respond to my emails, beginning to seem a bit foul.
Sure is a good thing our team got involved legally as far back as they did. The filings looked great. Was actually very impressed.
It's just a bit frustrating when I've reached out now with 3-4 emails for a follow up and no answer. Hopefully something happens soon. Today is 2 weeks since he executed the docusign on his side. He even told me in the only response I ever received that it should take 2 weeks at most.
It took 1 day for me... I got it all squared away with TD Ameritrade and the next day VStock told me the transfer was confirmed.
Update for me is not so good however:
Got an email initially from Peter saying that the funds transfer would be complete within 2 weeks of the docusign being executed by both parties. Tomorrow is 2 weeks since he signed on his side and I've emailed 3 times for an update to no avail. Be nice to get at least an update. Not sure what the hold up is. Would love for this thing to finally be over.
0 volume today...
Update:
Got confirmation from Doscusign that Peter has signed. Still have not received an email update from him. Hoping the wire transfer will take place soon.
After you have got the medallion stamp and submitted to VStock Transfer, they are very quick on letting you know they received and then direct you to coordinate with your broker to process the DWAC transfer. Once that has been done they are also very quick to let you know they have received the confirmation of the DWAC.
The problem for me is the communication with Peter Lundberg. I got a confirmation Monday of last week from VStock that the DWAC transfer was confirmed. Since then I have emailed Peter twice with no answer including forwarding him the confirmation email from VStock that the shares have been transferred. Peter emailed me back when I reached out to him originally saying that once he has confirmation from VStock then he would sign the docu-sign and process the payment. I haven't got any notification that he has signed the docusign nor has he responded. So good luck getting any head-way there. Beginning to seem suspect.
Well I haven't heard anything from Peter Lundberg in a week now since I emailed him for confirmation. He has not signed the docusign yet even though VStock informed me that the shares were successfully transferred over. Starting to get a bit annoying that an email hasn't even been received yet.
I'm one. Finally submitted everything and got confirmation from VStock Transfer Monday that the shares were handed over. Have emailed Peter Lundberg twice this week and no response. Hoping to hear something soon. I only returned 2 million shares so not a lot but hoping to get this thing closed out finally.
No volume, meaning MMs do what they want with it. It’s a $34 million dollar market cap for a company that just acquired a huge operation. This market is a joke to say the least lol.
The action on this ticker is pretty comical. We are right back where we were prior to the latest big time achievement we accomplished in the Samsung case. People trading this the way they do should really try something else with their hard earned money.
Pretty amazing how this thing has flown under the radar still to this point.
Hopefully not, it will just make my shares go down 10-30% in value as usual.
Unless if they actually have some real fruitful updates (never seems to be the case).
UOIP is another large suit that comes to mind. It has not yet worked out well for the investors as it's a lawsuit between shareholders and the controlling interest party of the company, however the patent was a heated battle from basically 2016 through July 2021. After the markman hearing it went through the PTAB multiple rounds until it finally went to court and the 13 cable companies waited until the very last moment before decision to wrap it up and settle. When it gets to court and there is an impending decision coming down - that is when these large companies put an end to it if there is real risk as they do not want to leave their potential damages in the hands of a frisky judge and jury (also treble damages). Especially these large tech companies that are shown to look like criminals in the trial stealing from the small guy. Google will fight to the bitter end unless it sees potential in large savings at a certain period in time by negotiating and closing the lawsuit out.
Tech has become a much larger role in everyday life for our planet over the last 20-30 years. It will only continue to influence us more and more over the next 20-30 and these lawsuits will start popping up everywhere as the tech giants have gotten away with kicking the can down the road for far too long. Now that these large lawsuits are being settled out - the large tech will start to realize how important it is to face these issues early on and take care of them before the bill gets so large it costs executives their positions for inaction.
He has shown himself to be a narcissist in all of the things I've heard in regards to encounters with him. Sounds to me like he thinks he can do everything the way he likes and it will all end up just fine for him. Might be a big problem for him very soon if he doesn't take a step back to think about the trouble he is facing. I have serious doubts anything will change with his demeanor as he's been in big trouble in the past and still thinks he can get away with things like this. This one could be his biggest hurdle yet when it comes to staying out of prison.
It's pretty terrible when you think about how rich he would have been had he kept the company listed and current. Also many here would have been made wealthy and he would have gained a "hero" status amongst everyone involved while also being a very rich man. I wouldn't know because I've never dealt with any money of this magnitude, but I don't understand how $1 billion dollars with heavy legal ramifications and potential prison is more attractive than say $500 million and a hero status amongst peers. Then again, it leads back to the narcissistic view where he might have just been blinded to the risk and all involved thought they had the greatest plan from the beginning.
As you said - time will tell - and it's seemingly going to be very soon.
Lack of understanding is the issue... do some reading to understand why UOIP shareholders are targeting a default judgement.
The entire market is in panic mode so some are playing into that. This is a gem and we are lucky to be picking up at these levels. I'm hoping it can dive some more even as it only gives me more time to get more shares.
Go figure, another podcast, another red day. Not sure what the point of this particular podcast was. These are the types of public relations events that make people think it’s a pump attempt because there was no real value in it besides an optimistic individual telling us he has invested into PCTL. It gets old.
Great information. Thank you kindly sir.
After market close LOL! Hilarious.