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I wouldnt read anything into it
Before eoy imo
I believe they will announce a partnership soon after they file ind
It makes no difference to carter.. thats why they didnt update financials... he does t care if the uoip trades or not. Neither should any investor who dlbelieves uoip will a settlement or bo
People have been spreading those rumors forever. There is no logical reason for a reverse split unless they were trying to uplist.
3 trades above 150k a few above 100k totalling about 800-900k
Just saying my bid to take shares from weak hands will be quite a bit higher.... and i am well funded. There are probably not that many weak hands out there... and ill be a buyer way before it goes to trips
Sorry all but if thats all your bidding ill take any shares that go up for sale
Failure to file
Shares should be hard to come by on the grey market. With current court standing a settlement looks very likely. The only inverstors who will be selling shares are thise that are unwilling to wait.... but why would the sell way below most recent PPS? Unless they are uninformed... which is possible
Im all for waiting... the closer to trial the more $
The catalyst for settlement is the trial date...which is scheduled for march. However, if carter is flexible on his target value...it could happen anytime. The closer this gets to trial the more pressure the cable companies will feel to settle, and the sttlement they are willing to offer to avoid trial will go up
Tell me exactly what you dont believe and ill send a link to prove it
Great explanation
How so? Please explain. Just because u dont like it doesnt make it false
Advantages to not reinstateing :
1) no short attacks... stock cant be shorted and short also need to cover... which is a major challenge on the greys.
2)out standing shares cant change.... the share count is what it is amd wont change before settlememt. If you own 2% of the o/s... you well get 2% of the settlement.
The only advantages of reintstatement (which will not happen) apply only to some investors are as follows: (all comes down to liquidity)
1) liquidity... you have a market to sell shares when you want rather than waiting for payout.
2) if this goes to trial which most believe it wont, you could sell when public trading frenzy drives the pps higher than you believe the win will generate. Or in the event of positive verdict you could sell at that point as apeals would likely be submitted which could drag out.
3) flipping momentum trading
4) building a larger position.
For those that already own substantial shares, and were prepared to wait for settlement... like myself and carter.... there are no advantages of reinstatement. This is why i said carter wouldnt bother updating filings.
However there are some advantages of not reinstated trading for investore waiting for settlement.
1)
Zomby... I saw that too. LOL
Yes correct... the second violation could result in suspension for a year. Cancellation of shares is not an option
Trading has been suspended....thats it. Worst casr is a trading suspension for a year. Cancellation of shares not happening. Just a fear tactic
Agreed AJ. No point in updating filings at this time
If u believe there will be a settlement in the next fee months as i do.....selling now is just giving away what you worked soo harx to accumulate.
Even if you were to sell at .035 and pps were to drop to .015...there is no way you woukd be able tp accumulate a position again.
Selling only makes sense if you believe upip will loose the case.... no more possibility for flipping your shares
Tthere are shorts that need to cover... so there will likely be som small trades for low pps to try to scare investors
Yes all good things for longs who dont need liquidity
It is possible the SEC could decide to suspend trading for 12 months....if they dont hear from unified by the second ( but this is unlikely). They usuall only do this if the resposnse the get from unified is something to the effect of "we will not make any effort to get current."
Probably pretty slim. However, if carter wants trading to continue it will. All that has to be done is contact the sec... filings do not have to be updated right away.
That being said i cannot think of a good reason why carter would put any effort i to this.
However if filings are brought up to current pps will get a huge lift as most big investors dont ever look at non reporting entities even if the company is not operating and its future hinges on a lawsuit that it is very likely to.win like uoip
Once again even if the trading is suspended for a year you still own shares of the company and will partake in settlement.
So does carter. If i were him i would not do anything to reinstate trading...it means nothing to him he alreadu has his shares... so do most longs. Trading means nothing
Catrter knows this too. Thats whay it wouldnt surprise me if nothing gets done about the filings. He doesnt care whether ot not the stock trades on nasdaq the pinks or not at all.
Anyone who say that the value of uoip is not all about bout the result of lawsuit but rather the trading status...either wants your shares cheap or hasnt done any due diligence
However it is a FACT that the value of uoip is all about the settlememt... that has not changed and will not change because of a halt or even de-listing
The only negative to me of delisting would.be that i cant time my exit... wvery one will get the same value per share as you would nolonger to trade on over excitemement.
Every thing posted here is opinion
Aj and ram, you are 100% correct. The court case will determine the value of the share you hold not the daily trading.
Suspension will only effect those who wanted to exit early or trade this stock. For long term holders the value is the same
Agreed. Some are trying to get cheap share... others have been flipping and need liquidity....outcome hasnt changed
Nope .... carter ownes the same shares that we do
That is a completely false statement...whether suspended or not a settlement will go to shareholders
The only reason for these newcomers talking the wnd of the world.is because they want your shares. There are only 600k shates available and they have been locked up tight.
Trial is only a few months away and most of us suspect a settlement prior to trial.
Fear will likely cause this to dip but regardless of the PPS the settlement value is what it is.... 10-50x current pps. Weheter we are trading pinks or greys or not trading at all we know the value of the patents against they cable companies... thats what we bought
They have been a non operating entity... we all knew this
Agreed ...im just freeing up cash to buy more on the expected dip. Still think the long term value is still $0.50 plus
Because they want to capitalize on the halt to get people to sell them their shares cheap. Longs know what they hold. That has not changed.... it will likely dip out of fear but it will come back and settle expectations are still 50 cests +. Dont give away your shares 3 months be fire trial