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You nailed it. This company will never amount to anything long-term. It was dead before the Rontan scam ever made the news wires.
When I called GDSI in the past, no one ever answered. At least Rontan would answer the phone, even if only to say they knew nothing.
I see this scam is still alive. It's been awhile, but I thought I would drop in to see what became of the dead Rontan deal.
If this goes to trial, which I doubt, the pps will explode due to the exposure the trial will bring. Show me another stock priced at .02 that has a potential billion $$$ trial scheduled to go to court within a year. This is a ticking time bomb of money either way.
It will never get that low because the mm's would have to massively short it due to huge buys at those levels. They do not want to be burned on this one. They know the story here, as any observant person on this board can attest.
I suggest doing a bit more due diligence on this one. The Markman was completed a while back, so you may be investing (or on the sidelines) without all of the facts. This play is much further along than you seem to realize.
I don't blame you for having the order in place, but all of this doom and gloom, the pps is going to burn stuff, is misguided. People who own this know what they have and won't be letting it go for peanuts. We are all prepared for the occasional delay, and the schedule seems to indicate that we are getting closer to a resolution since we all know the big boys don't want this going to trial. A bounce off of .02 is reasonable to expect, but if this ever got to .01 again there would be a lot of people loading the boat. I don't think the mm's will go that far into the shorting waters again due to the risk involved.
Dreamed last night this hit .90 within a day based on unexpected news. My guess is that is exactly what will happen one day soon. All it takes is news of a settlement or buyout and those on the sidelines will be beating themselves up over missed opportunities.
Higher highs and higher lows,
Up the ladder,
My balance goes.
A haiku - by Ultimate Warrior
You totally nailed it.
Not.
Consolidation should be complete and moment. Then it will jump north.
I love how this is consolidating around the .02 area. The next leg up should start any time.
It doesn't matter if trading is dead or alive. This is a buy and hold. Trading probably should be dead since all of the shares are locked. Any "trading" going on is air-shares that the market makers create out of thin air by shorting, hoping to cover for less. Let them play their games. The real bank will be made when the settlement or buyout comes.
By all means, let's.
The lawyers involved will stay the course knowing the payday is coming. They haven't come this far to settle for peanuts.
I think we have entered the calm before the storm. This may be a good time for additional loading as the uneducated move on.
That is how I read it, as well. They also appear to be trying to shift blame onto inventors for actually daring to seek compensation for their inventions. Someone should make sure the judge sees the kind if flimsy excuses being made by this service provider for its theft of UOIP's intellectual property.
All of the cable providers seem to be including this language now as they brace for the ruling in our favor. A buyout or settlement is just around the corner, folks.
Correct. The threat of treble damages is enough to get a premium settlement though.
Treble damages are a real possibility. That would mean a ruling for damages around $3/share actually means $9/share. Buckle up!
Chart players refuse to see things any other way. I understand it works for them. I've played charts successfully in the past. This, however, is not a chart play.
Probably not. The corporations infringing them are considered to be the 'entities' breaking the law. Since a corporation cannot go to jail, they will have to pay financially instead.
Let them dig a deeper hole. The squeeze will be that much sweeter.
A day like yesterday is not as much fun as an up day. They may have posted less or took a break.
If you think a chart matters here, you don't understand the reason for this stock's move. I'm holding, up or down is meaningless right now.
Unfortunately, yes. People are that stupid.
We now have conclusive proof the MMs are preparing for a squeeze. They have sent out their paid trolls.
Riiiiight. And all of the legal proceedings documented in Pacer are just a ploy, right? Please take the time to research what is quickly coming to a conclusion here. Who knows, you might make some money along with the rest of us.
MMs played some folks into giving up their shares. This thing is like the Ronco Rotisserie. Set it and forget it!
I added it to my own post about valuation and stickied it, giving proper credit for the information.
The defendants appear to be fishing for a number to offer for UOIP as a buyout. Figuring $2T of combined internet and cable tv sales, reduced by 50% as a rudimentary estimation of the effect our tech has on sales (considering they would have continued offering an inferior product), equals $1T. Settling with us for just 1% of that revenue equals $10B. Divide that across the share count and we have a rough estimate of $6 per share. And that is just settlement for all of the past infringement! Take into account the value of the tech moving forward and this is worth over $10 per share.
The information below is courtesy of ice2014 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140609393
Pacer Update & Sealed Letter from Defendant & Sealed Response from Chanbond.
Major BLOW to defendants (cable companies) !!! .
DENIED, DENIED and DENIED !!!
I downloaded "Monday, May 07, 2018 PROPOSED ORDER Denying Defendants' Discovery Requests re255 Letter by ChanBond, LLC. (Brauerman, Stephen)"and would like to share the summary.
Summary:
The court of Honorable Richard G. Andrews considered the issues raised in Defendants’ letter of May 1, 2018 and Plaintiff’s May 4, 2018 letter, and ordered following:
1) Defendants’ requested to re-open the deposition of Patrick Keane. Mr. Keane provided to CBV legal advice regarding patent portfolio. The request is DENIED as the communication involving the legal advice are protected by the attorney client privilege.
2) Defendants’ request for production of documents underlying the CB Capital valuation is DENIED. "Unified Online, the current owner of ChanBond," retained CB Capital as a non-testifying expert consultant and such communications are protected under the Federal Rules of Civil Procedure.
3) Defendants’ request for a supplemental privilege log, or alternatively the production of the documents withheld on the basis of privilege is DENIED.
==
History lesson for folks who are new, UOIP took over CHANBOND whereas CHANBOND had taken over CBV. Below, Stephen is UOIP lawyer, and Jennifer is cable companies lawyer.
I think #2 above is significant. The cable companies wanted to know what valuation UOIP came up before initiating the case. Probably defendants wanted to know to factor it in the settlement talks ?
==
History of recent PACER Documents
https://www.pacermonitor.com/public/case/9426386/ChanBond,_LLC_v_Atlantic_Broadband_Group,_LLC
Monday, May 07, 2018
PROPOSED ORDER Denying Defendants' Discovery Requests re255 Letter by ChanBond, LLC. (Brauerman, Stephen)
Friday, May 04, 2018
[SEALED] Letter to the Honorable Richard G. Andrews from Stephen B. Brauerman regarding Responding to Defendants Discovery Dispute Letter - re253 Letter. (Brauerman, Stephen)
Thursday, May 03, 2018
ANSWERING BRIEF in Opposition re242 Renewed Motion to Stay Pending Resolution of Inter Partes Review filed by ChanBond, LLC.Reply Brief due date per Local Rules is 5/10/2018. (Brauerman, Stephen)
Tuesday, May 01, 2018
[SEALED] Letter to The Honorable Richard G. Andrews from Jennifer Ying regarding discovery dispute.(Ying, Jennifer)
Att: 1 Exhibit A-S,
Att: 2 Proposed Order
I agree with your post 100%. They don't see a stock like this coming until it is too late. The billions they make off of the others more than offsets their losses from a stock like this.
If they are smart, they will eat their losses now and cover.
Nobody selling. What we see right now is MM games, and they still haven't realized that none of us will be shaken by their tricks. They are massively short here. Continued buying will force a squeeze, imo.
The effort to put a value on the company by the defendants sealed the deal for me. UOIP is getting bought out, and it will be at a price that is many multiples of the current pps. This is one to hold until a buyout is reached. At that point many will sell for around 90% of the buyout price, and others will hold until the very end to receive the full 100% of the buyout price.
If Arris can buy this for $3/share and shield their clients (the cable companies) in the process, they will be getting off very cheaply. IMO, they should be making that offer TODAY.
6.614 billion in 2017 revenues tells me Arris has plenty of money to indemnify the cable companies. I have no doubt whatsoever that Arris will make a play for UOIP. They have to, and that is why they are seeking information regarding a valuation.
The fact that they are discussing a buyout should send this to $1 minimum.
Definitely an iceberg. Let them short even deeper. Those fools will be eaten alive by the squeeze.
This thing is MUCH MUCH BIGGER than anyone realizes.