Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Not to mention right after telling everyone they will be heroes and make LAHO commons whole LOL. Look for MSSV to be on watch with SEC action if they continue with this route.
I’m 28 and have a real interest in old school WWII movies.
Great movie. That and The Great Escape.
Actually a judge already deemed his full authority of disbursement of funds if you didn’t see the TRO filed by Deidre where the judge said there was no grounds for breach of contract due to Carter giving his own entity a 22.5% stake in the damages. We might have some type of civil case which would get drawn out for years and cost a lot of money where Carter might get a slap on the wrist. Who knows but Carter has already made his moves it’s very clear.
Problem is we have no idea what agreements have been made between Chanbond and other entities. Carter has clearly been making moves with the money immediately upon taking control of Chanbond as sole manager. His first move was giving 22.5% to UO!P without Deidre’s awareness. Called it a “service agreement”. Deidre has huge interest in this scenario and she couldn’t get the judge to approve the injunction because she did not meet requirement #1 where she claimed “breach of contract”. As there had been no breach of contract yet. She was claiming that the language in the contract pertaining to ownership changes in the patents could be tied to the “service agreement” Carter gave his own entity, where the judge denied standing on that claim. So if Deidre cannot have any success in this we are dead in the water as well. Carter could have written up all types of agreements on the back end without including us. We don’t know.
UOIP is just owner of Chanbond. But Chanbond is it’s own entity that can make decisions on it’s own such as disbursing money awarded for damages to relevant parties. And apparently the judge decided that Carter’s service agreement is acceptable for the 22.5%. Why not keep adding agreements to shell out the money to yourself in some way. We only know what Deidre APPARENTLY knows.
One thing I can say we know is - the TA (who according to Carter was going to start reaching out to shareholders soon, months ago) does not even have a clue of the settlement. If that’s not telling, then I’m not sure what is.
It would be odd if they were active all this time as multiple people including BA reached out through various contact options and none worked.
That is very odd. And I wouldn’t suspect the posters that made the claim to be lying as they have seemed legit through all of this. Wonder what the reason for sudden responsive qualities could be? It’s not as if they’ve been contacted by UOIP officials to get things ready for a disbursement in reference to the share structure and settlement. Interesting.
Those who are dealing with the legal team should keep things close to their chest as they are being advised in order for a higher probability of a favorable outcome. As it looks to me, Carter either drags his behind on everything he does (think simple filings to avoid delisting, contacting TA to get things in order) or he intentionally does exactly opposite what would favor our interests (think intentionally letting UOIP delist, not contacting the TA as expressed to shareholders). Seems to me the latter is the likely case, in which case we probably have very low probability of seeing anything from all of this unless our legal team protects our interests. Therefore talking about it on here and showing our hand to the opposition gets us nowhere.
No they have nothing to do with our TA. Carter is responsible for getting things in order with the TA.
That’s not the point. The point is that Carter said over a month ago that the TA would be reaching out soon. This was pre-settlement and there have been multiple credible sources here that have confirmed it. Therefore why have they not even been contacted to start getting things in order. It’s clear the intent here and seems there has been some worry on his side in the fact he is even communicating with shareholders
Let' all use our brains here and understand what the reason would be that the TA has no idea of any lawsuit/settlement, yet Mr. Carter as credible as he is informed select group of shareholders that the TA would be reaching out soon.
Here we are almost 2 weeks past settlement announcement date (could have been settled earlier on) and still the TA has no clue. Hmmmmm, wonder how much all common shareholders should expect to get when relying on Carter's word.
Side note: Dustin Poirier had some words to describe Conor Mcgregor a couple weekends ago (for any UFC fans)... I think we can all agree those same words describe the man responsible for all of this nonsense at the top right now. I still laugh at the "trust Carter" sentiment.
If this is all true, then that would mean either Bentham loaned a HUGE amount in hopes to recover up to 5x it's loan amount from confidence in the success of these patents in court OR the expected global settlement amount was expected to be a lot lower than we are all predicting (by Deidre anyways).
As she presented in her TRO "depending on the size of the recovery, might exceed 25% of the proceeds".
Very confusing stuff in this TRO.
Lack of buying interest here continues to amaze. Seems every day there is someone else wanting out or selling shares to pay for something else. That is met with little to no bid support just crashing the price when the seller gets impatient.
It's thin both ways but the lack of bid support here for months now has been frustrating.
Exactly, the inability to file was clear intent as many actions were taken behind the curtain after UOIP was delisted. It's clear what has happened here, so the continued urge to want to believe that Carter has some grand update that is favorable for shareholders, much less fair - is comical at this point.
Yeah such a great deal here right?
They found another trick to try and pump up MSSV and clearly its worked for some, but not most as can be seen by the consistent price decline. If anything this hurt their effort to sell more shares as they just confirmed that the LAHO delisting was no mistake on their part - just a share selling scheme.
I might eat my words here, but the lack of communication on their end is pretty telling. Announce randomly that they will be making LAHO shareholders whole to give themselves some credibility in their new share selling scheme with MSSV until finally everyone realizes its not happening at all. Sad part for them is most of us came to this realization earlier on than they probably expected.
"alerts us that he's anxious about the situation at hand, because if he was indeed confident, billy would continue being as silent as he has been since delisting 2018."
Exactly my thoughts. There would be no reason to correspond with shareholders whatsoever if he was confident in his current path. At least it would seem.
As always - enjoy your posts.
Very much so. I hope I eat my words here as of recently - very seriously. However, I think most of us know what is unfolding here. The fact that Carter even takes or returns calls to let certain shareholders know that we will get an update soon is worse than no communication at all. It's a try at calming the shareholder base to back off until all of his ducks are in a row. Otherwise there would be an official communication to shareholders on record. I think he will run with the status quo until our legal team enforces him to reroute.
As many have said here - once those funds are dispersed, good luck ever getting them back to the rightful place.
Don't worry, it will be okay. He took a shareholder's call and assured us that we will have an update soon. Everyone be calm he will have the money sorted out really soon, trust the process. Anything done before doesn't matter now. Billy has done nothing to warrant us not trusting his word.
You’d be surprised what clowns pull in the penny world. We will see what happens. One thing I do know they have sent out a letter claiming there is money coming and we haven’t heard a word since.
Very unlikely anything transpires from this. All smoke and mirrors to try and get some buying going on MSSV now. If it comes out that this was all a sham they might really have a target on their backs going forward. The first actions in LAHO couldn’t have been given the benefit of the doubt. But now to claim cash is going out to make LAHO investors whole just to create buzz around the new RM candidate for GSCG would be a fatal mistake.
Why else would one keep telling a couple shareholders that he knows will send the message to this board that everything will be okay and an update will come soon. Instead of making an official announcement to shareholders and put the rumors to rest. We will see very soon but it looks a lot like one trying to keep everyone calm until the “dust settles” and all of the funds are distributed. Then have at it legally. Good luck fighting me in court when I have hundreds of millions for litigation.
Well that’s great, doesn’t change the dynamic. It would seem he accomplish his objective by returning that call. At least for some folks on this board. I expect the worse and hopeful for fair treatment. Likely will be somewhere in the middle I presume.
He might have answered the phone not realizing it was a shareholder who knows. And what did he do wrong by saying shareholders will receive an update when the dust settles over the phone? He said nothing wrong legally… and it was a phone conversation. This update means nothing for us besides he continues kicking the fan down the road for us
“Just as I’ve told all shareholders”. He has not communicated with shareholders. He has taken a call from a couple shareholders and told them they will get something soon… if it was anything that is legitimate he would release an update officially letting all shareholders know what is going to occur. Not just continue telling those few shareholders he will get an update out soon.
It’s realized that he has made no contact with shareholders on an official status at any point throughout this process correct? Anything can be said on a phone call with no repercussions.
I believe our only hope is that the waterfall chart that Leane had in her TRO is accurate (don’t see any reason why it would be inaccurate unless if she has not be updated on any side deals Carter made). This would at least mean that the inventors are in the same boat as us at the bottom. Unless if Carter has made some side agreements that include the inventors and there is nothing left at the bottom to CBV and UOIP. We will obviously see over the next couple of months. But taking a call and saying shareholders will get an update is nothing to be optimistic about. Especially with the actions that have taken place over the course of all of this.
And Nica I have been fairly negative lately because I started taking everything into account just recently and realized how hard it will be for us to get a dime if Carter tries to make this hard - which he likely will given his actions already and his prideful character.
Interesting. We will get an update - of how bad we got screwed in this deal altogether. Unfortunate.
Sadly I sold at $3.10 on the pop. Figured I had more time to get in lower but obviously I failed horribly there. Watching snd waiting hoping I get an opportunity to get back in but I have family here that held so I’m rooting for you all!
We will know when someone snaps a picture of the side view of Carter's new yacht as it sails away in the sunset bearing the name "$1.5 Billion - UOIP Didn't Get It".
In all seriousness, I don't know that we will know until it hits the financials for the publicly traded companies in the defendant pool. Even then we still might not get a hold of the final settlement number as some are private companies and there is a NDA in place. Our lawyers have their work cut out for them now. Let's see if we can get fair treatment.
You have a really tough time doing some critical thinking ehhh?
Where do you think the money for LAHO came from?
The only reason they are making this move is to save face to the investing public. They messed up big time in their huge dilution operation at LAHO while pumping a merger with GSCG. Now they decide they will payout shareholders a small piece of the pie that they acquired from selling tons of shares in LAHO before it got delisted. This will in turn cause more buying pressure on their new merger play here at MSSV. It will create a great storyline where a delisted OTC ticker made an unprecedented move by paying out its shareholders that were taken to delisting and left holding bags. This will give great credibility to this reverse merger and the managers in charge.
Disappointing I have to explain this simple scenario that is playing out like a well tuned guitar.
Actually it’s pretty naive to think there is no motivation to claiming what they have without real intentions of paying our. Who knows it things have fallen apart with GSCG and they want to sell some shares of MSSV to people like you who swear it’s a for sure thing already. Gives confidence to existing and new shareholders that they are all in as they are making things right from their bad history. Instead they could easily just be pumping to sell some shares then suddenly something happened that they can’t buy back the shares. It’s likely we will see some money sometime in the future as LAHO shareholders but not 100%
I’m not saying it’s a scam I’m saying until it happens no one should believe a word their wrote in that letter or any follow up communications with the company. This is penny land. Could be a ploy to sell some more shares before the deal falls through. Who knows. I have went on record saying if they do go through with this then they will gain a huge shareholder base from all the credibility they bestowed on themselves for making that move.
Doesn’t matter. We have been hearing these patents would never garner anything in court. That was wrong. So now it’s to the next end of world storyline.
I’m glad you believe everything a penny company tells you, might work out here but we will see
What happened to the patent trolls always get decimated in court. Now we have another avenue to navigate.
Is it in an 8k?... Then yes it's hearsay.
Forget it. Sounds like it’s not a good idea. Was only a suggestion.
Same, no change.
Exactly it’s all hearsay until we actually get contacted by the TA with an agreement to sign off on relinquishing our shares for the funds. This is the OTC expect that this could all be a ploy to sell MSSV shares until it actually happens.
If it happens then this will lend huge credibility to MSSV so it is make or break for them after that move.
Exactly, Cox could have been late in the game and started infringing 1 or 2 years after Comcast. That substantially lowers their damages in comparison to the big boy Comcast. The $133 million number probably turns into $80-100 million at the settlement table. Just with sheer number of units, Comcast should be at least 5x that number alone and that’s not including the extra years they could have potentially been infringing before Cox started deploying the tech to compete.
This is incorrect. The money is in escrow until Lans and the TA work together to acquire all shareholder information and releases needed to distribute the funds.