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Got my check today via fed ex
You should know what you are getting. Whatever ur cost basis is over .39 per share x .52 is the number if they calculate it right
I called and they said they couldn’t give me my qualified loss until the SEC approves the release
Do you think the Government hired outside attorneys to handle this? I don’t think so. We are not paying Friedlands attorneys. I don’t think he his will have the typical legal expense load. MHO only
I don’t have any more info than I gave the other day. No details on awards or timing
I did. I was told the form needed to be returned by tomorrow. I was also told by a person at the fund administrator that all they are waiting on is the final approval from the SEC for distribution.
Absolutely crushed on all of these that were recommended to me by folks I thought had a clue as to what was going on. Owcp, catv uoip. Expensive lesson learned.
Awesome
Whom is going to litigate that situation?
Good one
He didn’t have authority to accept anything
We will find out if it makes sense thru discovery. That is the only way to know
You mean the cabal that is paying for the lawyers that are fighting this? Or the cabal of amateur OTC lawyers that are of no help?
That’s been the case with those two all along. Everything else was smoke and mirrors. She may cut Billy out in the end. She may be there he smartest one of all
Hopefully
I took a bunch of crap when I said it was gonna be no more than 7 to 800 m. Maybe the got more than 300m.
Quick lowball settlement. Not suprised
exactly
This is going to boil down to 1 question asked by the judge. this being: Show me the documentation provided by Uoip giving you authorization to negotiate a settlement with Cisco etal. Once he obviously cannot provide that the case is over and the court will take jurisdiction over the settlement.
Based on my reading these argument points are weak at best. There is not time table as to when it is appropriate to protect your rights other than a statute of repose, which was not challenged by the other side here. Further, Chanbond is a wholly owned subsidiary of Uoip which allows us jurisdiction(obvious to the court). This document is basically them taking a stab at having this thrown out. Had to be done but they know the outcome.
I would assume they are aware that people are seeing what they are doing. I would imaging they also believe that the people that are seeing their actions can’t do anything to stop it.
How do you think that you may recoup your investment someday? I hear you on the loss side, I'm down somewhere near 80k on this. I've considered all my options and have decided that contributing to the case is the best option to recoup my investment. what is the alternative? Do nothing and hope that we get a distribution? I'm sure that you can see from all of the case info that that will never happen. Hope that some other more trustworthy group appears to save the day? I personally have faith in what is going on right now. I understand your hesitancy about being scammed. I guess the people that have been scammed are the most trustworthy as we are all in the same boat. If you do nothing now maybe you will be saved by those that chose to do something but there are no guarantees on that.
They sound desperate to me if they are watching iHub for material.
I don’t have extensive experience in patent litigation per se, just litigation in general. From what I see, we will destroy Billy in court and I’m sure he is well aware of that. He may attempt to settle this well before trial but u are correct when you say that will be a stupid lowball. We can simply say no to that. Our real power will be just before the jury or judge deliberates this, or just before he is deposed. If he tells the truth he loses big. If he lies he goes to jail so he will avoid that like the plague. Our danger is lack of funding so everyone needs to dig deep on this. Think of it like buying Apple at a dollar 20 yrs ago. It’s not really like spending money, it’s investing in your future
The other reason may be that by not honoring the common shares she was given she could show that the purchase agreement was violated.
So if I bought during the claim period but sold those shares I’m not eligible?
“Til we meet again on some sunny sunny day”. Signing off. Best of luck in all of your future endeavors. Too bad about all this. I hope karma catches up with Billy. I have a feeling it will
Some sure did…
I was always wondering why Whitman left Mishon and how Mishon let a case of this size walk. Probably to mask the conflict of interest that you describe.
All indications point to a long slog with this guy unfortunately
Not really.
Please elaborate on your statement. What do you base this on?
This aspect of the case may have to be litigated. We will see.
Possibly surrounding the number of units and the timeframe of the actual infringement. I suspect there may be agreement about the charge per unit/per month….the exposure per company may be undetermined. Just a guess
I have no idea what is going on. I’ve never seen a situation like this. 13 defendants all with different liability exposure, dependent on the indemnification of several different very powerful manufacturers. All of which are negotiating with what appears to be a reprehensible human being that is trying to maximize his award at the expense of other stakeholders. I do know the judge has power over the timing of payment and can haul everyone back into court if they are not in compliance with his orders. I would think that would have already happened if he wanted it to.
No something else must be going on. I t could be the judge gave them extra time to square this away.
Correct
There are no punitive damages in a settlement. That only takes place in a jury award
Damages are not limited to the the state where the company is incorporated. If that was the case most litigation would take place in Delaware since most companies are located there. The reality is that litigation is based on where the claimant is or where the injury took place. This is basic stuff. U know better