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Thank you for this clear explanation.
Long UOIP,
Magnus
Gonzilee, I like to make sure I have my facts correct as I dig into the internet, researching every angle of stocks that I hold. So far I am very happy with the foundation and direction of iGambit.
Long IGMB,
~Magnus
Hello Everyone,
I have been doing a little research on iGambit and would like the forums input if my research is correct so far.
1. On February 14, 2017 iGambit acquired 100% of the stock of HubCentrix, Inc. http://www.hubcentrix.com/index.html
2. On 2/14/2017 iGambit changed the name from HubCentrix to HealthDatix.
3. On April 5, 2017 iGambit acquired certain assets of the CyberCare (http://www.cybercarehn.com/default.aspx) Health Network Division from EncounterCare Solutions Inc. (“ECSL”) (http://www.encountercare.com/Default.aspx)
4. Assets acquired from ECSL were, CyberCare’s own wearable medical watch, a wearable device under development, that will continuously collect and trend data.
The acquisition of HubCentrix and the CyberCare Health Network Chronic Care Management System provides a new and unique opportunity for physicians to identify patients eligible for both “Annual Wellness Visits” as well as “Chronic Care Management” both of which are reimbursed by Medicare.
The goal of HealthDatix will be to identify the patient’s eligibility for Medicare reimbursed doctor visits to access and assist in the well-being and cultivation of a healthy lifestyle. Additionally HealthDatix is able to provide an FDA approved, Medicare covered platform, for continuous management of chronic care patients. Our continuous care platform will be tailored for individual care and health management of patients susceptible to chronic illness.
FORM 8-K April 6, 2017
https://www.otcmarkets.com/filing/html?id=11982713&guid=ZM2yUKvGnZro73h
Would you agree the above information is correct?
Long IGMB,
~Magnus
Great information. Thank you
gonzilee, iGambit appears to have a good viable product and their is large market with few providers. I am happy to DD this one.
Long IGMB,
~Magnus
karmanmoney, I love research and I will do my DD with this one. I am glad you appreciate the information.
Long IGMB,
Magnus
I am excited that I stumbled upon iGambit. In my research so far the iGambit / BioDatix Health Band passively monitors heart rate, blood pressure, blood oxygen and more and according to Luis Castillo of Ensocare "...Passive apps are the holy grail of wearable devices, but those are few and far between..." iGambit has this app and it communicates with a FDA approved back-end.
https://www.ensocare.com/blog/healthcare-wearables-what-it-experts-need-to-know
I also found this positive article "CMS 2019 Rule Creates Incentive for Remote Patient Monitoring – How to Get Started" at https://www.rcmanswers.net/cms-2019-rule-creates-incentive-for-remote-patient-monitoring-how-to-get-started/
"CMS is getting even more serious about keeping people out of the hospital, with each newly issued rule reflecting that commitment.
Starting at the beginning of this year, the Centers for Medicare and Medicaid Services sought to further incentivize providers by building in reimbursement for home health monitoring applications and the labor required to make these systems successfully operate...."
Long IGMB,
~Magnus
Good Morning,
Added more at $0.0056
Signal jamming is a great point, also hackers can ease drop (for lack of a better term) on wifi signals and in near real time decrypt the traffic without ever connecting to the network or getting close to your property. Always make sure you use HTTPS whenever communicating sensitive information. Majority of hacker go after low hanging fruit.
Long UOIP,
~Magnus
We can expect many more years of revenue and royalties, because broadband suppliers are investing millions to expand upon their existing broadband networks and fiber will not be taking all of the broadband business.
"Cable networks are easily accessible and available just about everywhere, about 89% coverage nationwide. If you can access a television network, you can access a cable internet. All you need to do is to call your television service provider and order an installation.
Despite its expansion, fiber internet connections are not as easily accessible as cable internet though they are certainly more available than they used to be. They are currently available for about 25% of locations and 10 Gb is becoming increasingly common in metro areas. Fiber may be more difficult to obtain for businesses in remote areas, but it is ideal for larger metropolitan locations."
https://www.megapath.com/blog/blog-archive/fiber-vs-cable-internet-a-guide-to-the-differences-in-speed-cost-more/
Press release from Atlantic Broadband
April 01, 2019 (the nation’s ninth largest cable operator)
Atlantic Broadband to Expand Gigabit Internet Deployment to More Than 90 Percent of Its Footprint
Press release from FCC
May 02, 2019
FCC OFFERS INCENTIVES FOR OVER 500 RURAL CARRIERS TO PROVIDE FASTER BROADBAND TO OVER 1 MILLION RURAL HOMES AND BUSINESSES
https://docs.fcc.gov/public/attachments/DOC-357291A1.pdf
April 29, 2019
OVER 106,000 RURAL HOMES AND BUSINESSES TO GET BETTER, FASTER BROADBAND Because of FCC Reforms, Higher-Speed Broadband Will Reach New Homes and Businesses in 43 States
https://docs.fcc.gov/public/attachments/DOC-357211A1.pdf
Comcast: Broadband, X1 Platform is Our Answer to Direct-to-Consumer Streaming Services
April 25, 2019
Comcast’s broadband footprint continues to grow, adding 352K residential subscribers in 1Q19, with a total residential broadband customer base of 25.5 million. Comcast cites broadband’s role in delivering direct-to-consumer streaming services as only helping their broadband business, which is the best driver of growth for their cable business segment. Broadband revenues grew by 10.1% in 1Q19, accounting for $4.6 billion of Comcast’s total cable business segment revenue of $14.3 billion. In contrast, video revenues declined by .5% in 1Q19.
https://www.telecompetitor.com/comcast-broadband-x1-platform-is-our-answer-to-direct-to-consumer-streaming-services/
USDA Opens Up Rural Broadband Funding
4/25/2019
http://www.broadbandworldnews.com/author.asp?section_id=548&doc_id=751034&
Long UOIP,
~Magnus
Good Afternoon everyone, just got in at $0.007 and hope to ride out some profits.
~Magnus
You all make good point and it would seem best to let this alone and run it’s own course
Long UOIP,
Magnus
Their are lots of people reading this board and anyone of those people armed with a nice press release type summary could know someone. I believe the end of this case is getting very close and an educated press could help us.
I consider myself a researcher and definitely not a writer. Here are some points I think need to be covered.
1. The inventors, how they approached the cable companies and were forced to seek professional legal assistance.
2. Highlight the legal wins that have occurred so far.
3. Summarize the remaining court events.
4. Close with the reported profit of broadband providers and just how much money is in question.
Long UOIP,
~Magnus
What is the consensus on collectively writing a 300-500 word summary on why someone should look into UOIP, Chanbond, the broadband industry, and patents and their independent creators?
Inventors need the services of attorneys to fight the big businesses that that willfully steal patents for their own profits.
Kathlene Ingham
director of licensing
General Patent Corp.
Aug 28, 2012
https://www.industryweek.com/intellectual-property/patent-infringement-its-more-common-you-think
The more common scenario, however, is that a patent is being infringed, but it is not financially viable for the patent owner to enforce the patent.
It costs from several hundred thousand dollars to a few million dollars to launch and take to trial a patent infringement lawsuit.
As a result, many inventors, small businesses, universities and other patent owners do not have the financial resources to finance a patent infringement lawsuit.
There are patent-enforcement firms that operate on a contingency basis.
That means they are not paid for their services by the patent owner up front. Instead, these companies manage and finance a patent enforcement campaign on behalf of the patentee, and are then paid out of any awards, settlements, royalties or other revenue it secures for the patent owner once those funds are received.
The issue that then arises is the financial viability of launching a patent-infringement lawsuit. Are there sufficient sales of the infringing products or services that a lawsuit would produce sufficient damages to cover the litigation costs and produce a return for the patent owner and the patent enforcement firm?
A product can be flagrantly infringing a patent, but if the infringing product or service does not generate at least tens of millions of dollars in sales, it is simply not a financially viable undertaking to sue the infringer for patent infringement.
Long UOIP,
~Magnus
YTSE,
Is it still worth it to put money in CMGO?
Will you continue to add shares?
What's your time frame / share price?
Thanks,
~Magnus
I was asked why the price keeps dropping to $0.01 neighborhood, so I thought I would share my thoughts.
Basic supply and demand at individual brokers. I am only aware of several brokers handling this grey market stock: TDAmeritrade, E*Trade, Fidelity, TRowe Price, & Schwab. I am sure there are others that I am not aware of them and that's where the problem lies.
Suppose someone is trading with a brokerage that has a few holders of UOIP and only one of them is buying, and for around a penny. The other holders at that brokerage have held this stock for years, do not read the investorshub. They see where the current price is and slowly start reducing their ask until it goes. You may have a bid at your brokerage for $0.02 or $0.03, never being filled because nobody at your broker is selling at or below that.
Bottom line is that someone at some brokerage other than yours is selling just to get rid of the stock and they have no idea what this is worth. Same way people buy stuff at goodwill and yard sales, then turn around and sell the stuff for top dollar.
Does this sound right?
Long UOIP,
~Magnus
Get your facts straight. The creators of these patents sought out financial and professional legal representation to fight the thieves that are using their creations as their own.
Long UOIP,
~Magnus
MjMilo, I am concerned with current wireless technology. I now work for a company that makes parts for microwave communication devices. I was never aware of the energy that frequencies create. Yes I own a microwave oven, but I also own a car and do not understand everything that goes on under the hood nor do I question it.
I know the world is full of dangers but I am concerned with the amount of repeater antennas will be in our communities. In close proximity to homes full of unsuspecting families, where the signal strength will be at it's strongest.
Everyone has their own breaking point and I have reached mine.... I will continue to do my own research and when I feel satisfied, I will add my support with others that are working for a cause.
Long UOIP,
~Magnus
I do not want 5G small cell transmitters in my neighborhood. Those high frequencies will be harmful to the pets and children that will be outside playing near them. I will fight 5G regardless of UOIP, it's dangerous!!
~Magnus
"5G will require the buildout of literally hundreds of thousands of new wireless antennas in neighborhoods, cities and towns. A cellular small cell or other transmitter will be placed every two to ten homes according to estimates. The purpose of this massive infrastructure build out of small cells, distributed antennae systems and microcells is to increase range and capacity in populated urban areas and prepare for the future 5G rollout. 5G frequencies will utilize higher frequencies that do not travel as far as the lower frequencies.
US state and federal governments are moving forth regulations which would make the right of way in front of homes as available sites for 5G transmitters – without consent of the property owners. In response, communities are protesting en mass as they do not want these transmitters built in front of their homes and communities want to be able to regulate the placement on right of ways. Some municipalities are taking the case to the courts with litigation."
Thank you KHenery, this is great news!!! Arris "REHEARING EN BANC IS NOT WARRANTED"
As the late Freddie Mercury sang "Another one bites the dust"
Long UOIP,
~Magnus
Do not forget the international patent.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141843700
https://worldwide.espacenet.com/publicationDetails/originalDocument?FT=D&date=20020711&DB=&locale=&CC=WO&NR=02054766A1&KC=A1&ND=1
Whether or not it's enforceable IDK, but Cisco and Arris have supplied large amounts of hardware to the broadband cable providers in India.
Current forecast report by Cisco
https://www.cisco.com/c/dam/m/en_us/solutions/service-provider/vni-forecast-highlights/pdf/India_2021_Forecast_Highlights.pdf
DOCSIS in India
https://anuragbhatia.com/2017/05/networking/isp-column/india-docsis-last-mile-broadband-and-more/
Look at the numbers from this article in March of 2015
"....There are 79.21 million broadband subscribers in India (wired, mobile and fixed wireless devices) with nearly 15.15 million wireline broadband subscribers, out of which 85% are on ADSL telco loops.
DOCSIS (Data over Cable Service Interface Specification), metro Ethernet and PON technologies share the remaining two million subscribers (15%). While the TRAI report doesn’t clearly identify wireline subscribers by technology, a rough indication tells us that DOCSIS contributes to half the remaining number, i.e. one million subscribers.
The top five wired broadband service providers are BSNL (9.97 million), Bharti Airtel (1.4 million), MTNL (1.13 million), Beam Telecom (0.43 million) and YOU Broadband (0.41 million).
The major MSOs are geared up to roll out wireline broadband on DOCSIS 3.0 technology and the potential market is huge. With the total cable subscriber base at 100 million homes and less than one million subscribers enjoying broadband on this cable infrastructure, there are a potential 99 million homes as total addressable market for DOCSIS"
https://cablequest.org/index.php/articles/broadband/item/6566-docsis-3-0-the-future-of-the-indian-broadband-industry-is-here
Long UOIP,
~Magnus
May 14, 2019 is the Proposed New Deadline for "Answering SJ/Daubert Briefs"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145416116
https://documentcloud.adobe.com/link/track?uri=urn%3Aaaid%3Ascds%3AUS%3A1c75f2cb-0904-4401-a823-20161c494b5c
Long UOIP,
~Magnus
Law & Economics Center George Mason University School of Law released a report in 2015 regarding the timing and disposition of Daubert motions. The report examines a sample of 2,127 Daubert motions made in 1,017 private cases from 91 federal district courts. The sample spans from 2003-2014, and involves 57 different causes of action.
I just found this and gave it a cursory read, but plan to read it in its entirety this evening. Below is an excerpt from from section 4. Discussion.
"The results from Section 3 suggest that Daubert rulings are key inflection points in litigation. Within 100 days of a Daubert ruling, more than half of the cases in the sample ended in settlement or summary judgment, and survival analysis shows that an additional 40 days of Daubert motion pendency is associated with a ten percentage point reduction in the relative rate of termination by settlement or summary judgment. There is also some evidence that these impacts are larger for certain claims that require expert testimony to establish required elements. Further, the number of motions in a case also appears to be strongly associated with reduced likelihood of early termination. These findings have important implications for litigation costs. For example, if delay in Daubert rulings delay settlement, it may prolong expensive fact discovery.42 Further, preservation costs—that is, the costs associated with having to maintain certain documents that may be subject to discovery during active litigation—can be substantial.43 Discussions with corporate counsel and litigators suggest that some judges may delay ruling on Daubert motions in the hopes that parties settle. The results here, however, suggest that, such a strategy may backfire, as parties rationally need the information provided by a Daubert ruling to engage in fruitful settlement discussions."
https://masonlec.org/site/rte_uploads/files/Daubert%20Report%5B1%5D.pdf
If my initial reading is correct, than more than half the cases ended in a settlement or summary judgment after an average of 100 days.
"Summary judgment provides several efficiencies essential to a smoothly running litigation system. Perhaps the most important feature of summary judgment is the "settlement premium " set forth in this Essay. When a motion for summary judgment is denied, the non moving party achieves a form of premium that enables a case to settle for an additional amount. Put simply, the settlement value of a case increases when a motion for summary judgment is denied. Thus, denials of summary judgment up the ante in the litigation game."
The Efficiency of Summary Judgment
Edward Brunet Lewis & Clark Law School
https://lawecommons.luc.edu/cgi/viewcontent.cgi?article=1013&context=luclj
Personally I feel that in light of the evidence displayed and the validity of the patents, we are without a doubt on the winning side of a huge settlement!!
Long UOIP,
~Magnus
Do the latest pacers: MOTION for Summary Judgment of Invalidity, OPENING BRIEF in Support, MOTION to Exclude the Testimony, and DECLARATIONs constitute the "Opening SJ/Daubert Briefs"?
Thank you KHenry for posting all of those links.
Long UOIP,
~Magnus
I would hate to be the person working for these companies that reports, that this lawsuit is no big deal. Just buyout the company and we will deal with it later.
Oh yes they will be dealing with it later.... or because of the pending lawsuits they purchased Cable One at a fire sale of $525.9 million and Commscope got themselves a great deal at $7.4 billion
Long UOIP,
~Magnus
April 1, 2019 – Phoenix, AZ – Cable One, Inc. (NYSE: CABO) (the “Company” or “Cable ONE”) today announced it has entered into a
definitive agreement with Fidelity Communications Co. to acquire Fidelity’s data, video and voice business and certain related assets
(collectively, “Fidelity”) for $525.9 million in cash, subject to customary post-closing adjustments
http://ir.cableone.net/Cache/397316594.pdf
Looks like one of the 13 is now owned by a private company. Another one added to the patent infringement fold
Long UOIP,
~Magnus
I am so glad you agree and I hope others take the time to read it. I believe it will add to the healthy conversation here and also help with any FUD
You are also right that since these documents have been archived as scans, you can not search for words in them. This is also why they were not show up in google searches.
I can’t wait to meet all of you and shake your hands.
Keep calm and long UOIP,
Magnus
Who is to say the rightful inventors of these patents didn’t seek out IPNav and Billy Carter for their help and expertises in this area of law.
You do not know, just like you can not say they are trolls.
Keep calm and long UOIP,
Magnus
What tic are you talking about?
Awesome find Mic, Let's hope change happens quickly and is in our favor before the sentiment changes.
Long UOIP,
~Magnus
Thank you ytse, I missed this one in my earlier searches and thought I found something new LOL!!!
But please that a look at my other recent reply to Scruffer, where I ask about the section on "Common Interest"
Thank you,
~Magnus
Thank you Scruffer, I got excited when I found it but you were right and on another web page it's included as part of the 10-Q for September 30 2015
Can you take a look at 2.1 of Schedule 2.2.7 (you will need to scroll down about 75% of the page listed below)
https://www.streetinsider.com/SEC+Filings/Form+10Q+UnifiedOnline%2C+Inc.+For%3A+Sep+30/11104682.html
It reads:
2. Common Interest
2.1 The parties have a common, joint and mutual legal interest in the monetization of valid and enforceable patents. In furtherance of that common interest, the parties will cooperate with each other, to the extent permitted by law, to share information protected by the attorney-client privilege, the work product doctrine, or applicable privilege or immunity with respect to the Patent Matters. Any counsel or consultant retained by party or their counsel to assist in the Patent Matters shall be bound by, and entitled to the benefits of this Agreement.
Does this speak of a financial link between Chanbond LLC and UnifiedOnline Inc.? Does this mean what Chanbond wins in the courts is of joint and mutual legal interest?
Thank you and long UOIP,
~Magnus
I am on a personal mission to find all the data I can on the UnifiedOnline/Chanbond deal. I just came across this exhibit for the 8-K from 10/30/2015. It have lots of information like the promissory note and a statement of unanimous consent... which talks about the 100% membership interests of Chanbond. (see this link https://www.sec.gov/Archives/edgar/data/1097718/000135448815004760/ex101page_18.jpg)
I hope to read this tonight and I encourage anyone else to take a read and comment.
http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=10979018-9778-20253&type=sect&TabIndex=2&companyid=68562&ppu=%252fdefault.aspx%253fsym%253dUOIP
https://www.sec.gov/Archives/edgar/data/1097718/000135448815004760/0001354488-15-004760-index.htm
Long UOIP,
~Magnus
Thank you khenry and I look forward to reading them.
Long UOIP,
~Magnus
EvilBean, I agree with you that the "Cease Good Standing" is not a big deal. I posted the summary so that no one else wastes $20 to see the document
I am in this till the very end and will not sell any of my shares. I continue to add to my position while the prices are so low.
I value the knowledge and opinions of you and the countless others here on this board.
Long UOIP,
~Magnus
This is a UnifiedOnline & Chanbond document update as of 3/28/2019. I will ad more and continue to make them sticky. Please message me with other noteworthy links.
Long UOIP,
~Magnus
================================================================================
This may be even more confusing, so I will include as many links for your enjoyment smile
On April 23,2014 UNIFIEDONLINE, INC. (formerly IceWeb, Inc) entered into a subscription agreement (https://www.sec.gov/Archives/edgar/data/1097718/000135448815005061/uoip_sc13d.htm) with UnifiedOnline! LLC (William Carter) see exhibit 10.1 of the Subscription Agreement (https://www.sec.gov/Archives/edgar/data/1097718/000135448815005061/uoip_ex101.htm) and purchased 400,000 shares of Series AA Preferred Stock which were converted on January 5, 2015 to 903,825,954 shares of common stock becoming a majority shareholder in the Company (UNIFIEDONLINE, INC.). William Carter paid for the stock from his company (UO! IP of NC, LLC)
Added side note, some people have asked what is the "!" in the Inc. name and does it mean we are not purchasing the correct stock:
UNIFIEDONLINE!, INC. and UNIFIEDONLINE, INC. are the same company (see below: STATE OF DELAWARE CERTIFICATE OF CORRECTION)
Corporate Entity Searches
================================================================================
https://www.sosnc.gov/online_services/search/Business_Registration_Results
Legal Name: UO! IP of NC, LLC
SosId: 1102741
https://businesswiki.info/company/nc/1102741/uo-ip-of-nc-llc
Company Overview
Uo! Ip Of Nc, LLC is a Limited Liability Company located in Greensboro , North Carolina. The company was registered on 2009-06-17 and it is approximately 9 years years old. According to North Carolina business register Uo! Ip Of Nc, LLC status is Current-Active.
Uo! Ip Of Nc, LLC agent is Carter, William R., Jr.. We don't have information about this agent address.
There is 1 director in Uo! Ip Of Nc, LLC.
================================================================================
https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx
Entity Name: UNIFIEDONLINE! LLC
File Number: 5504684
================================================================================
Entity Name: UNIFIEDONLINE, INC.
File Number: 703828
================================================================================
Entity Name: ICEWEB, INC.
File Number: 3440022
UNIFIEDONLINE!, INC. and UNIFIEDONLINE, INC
================================================================================
STATE OF DELAWARE CERTIFICATE OF CORRECTION
State of Delaware
Secretary of State
Division of Corporations
Delivered 05:07 PM 12/22/2014
FILED 5:07 pm 12/22/2014
SRV 141574856 0703828 FILE
UNIFIEDONLINE!, INC., a corporation organized and existing under and by virtue of the General Corporation Law of the State of Delaware
DOES HEREBY CERTIFY:
1.The name of the corporation is UNIFIEDONLINE!, INC.
2.That a Certificate of Amendment to the Certificate of Incorporation (Title of Certificate Being Corrected) was filed by the Secretary of State of Delaware on December 16, 2014 and that said Certificate requires correction as permitted by Section 103 of the General Corporation Law of the State of Delaware
3.The inaccuracy or defect of said Certificate is: (must be specific) CUSIP will not issue a new number if the new name contains an exclamation point. The corporation is a public company and is required to have a CUSIP number for its stock.
4. Article FIRST of the Certificate is corrected to read as follows:
The name of the corporation (hereinafter "corporation") is UnifiedOnline, Inc.
SEC Filings
================================================================================
http://filings.irdirect.net/data/1097718/000135448815000023/iweb_8k.pdf
January 5, 2015
From 8-K
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 5, 2015
UnifiedOnline, Inc. (Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of incorporation)
0-27865 (Commission File Number)
13-2640971 (IRS Employer Identification No.)
4126 Leonard Drive, Fairfax, VA (Address of principal executive offices)
22030 (Zip Code)
Registrant's telephone number, including area code (816) 979-1893
IceWEB, Inc. (Former name or former address, if changed since last report)
Definition of "Subscription Agreement"
================================================================================
Subscription Agreement
REVIEWED BY WILL KENTON Updated Mar 30, 2018
https://www.investopedia.com/terms/s/subscriptionagreement.asp
What is a Subscription Agreement
A subscription agreement is an investor's application to join a limited partnership. It is also a two-way guarantee between a company and a subscriber. The company agrees to sell a certain number of shares at a specific price, and in return, the subscriber promises to buy the shares at the predetermined price.
BREAKING DOWN Subscription Agreement
In a limited partnership (LP), a general partner manages the partnership entity and brings in limited partners using a subscription agreement. Candidates subscribe to become limited partners. After meeting standard requirements, the general partner decides whether to accept the candidate. Limited partners act as silent partners by providing capital, usually a one-time investment, and have no material participation in the business's operations. As a result, they typically have little to no voice in the day-to-day operations of the partnership and are exposed to less risk than full partners. Each limited partner’s exposure to business losses is limited to that partner's original investment. The subscription agreement for joining the limited partnership describes the investment experience, sophistication, and net worth of the potential limited partner.
Broadly defined, a partnership is a business agreement between two or more people who all have personal ownership in the business. The partnership entity does not pay taxes. Instead, the profits and losses flow through to each partner. Partners will pay taxes on their distributive share of the partnership's taxable income based on a partner agreement. Law firms and accounting firms are often formed as general partnerships.
Subscription Agreements With Private Placements
When a company wishes to raise capital, they will often issue shares of stock for purchase by either the general public or through a private placement. The primary disclosure form for potential general public investors is a prospectus. The prospectus is a disclosure document listing information about the business and its underlying security.
A private placement is a sale of stock to a limited number of accredited investors who meet specific criteria. The criteria for accredited status includes having a particular level of investment experience, assets, and net worth. Investors will receive a private placement memorandum as an alternative to the prospectus. The memorandum provides a less comprehensive description of the investment.
================================================================================
https://www.sec.gov/Archives/edgar/data/1097718/000135448815005300/uoip_10q.htm
Commission file number: 0-27865
UNIFIEDONLINE, INC.(Exact name of small business issuer as specified in its charter)
DELAWARE (State or other jurisdiction of incorporation or organization)
13-2640971 (I.R.S. Employer Identification No.)
4126 Leonard Drive, Fairfax, VA (Address of principal executive offices)
22030 (Zip Code)
NOTE 17 - RELATED PARTY TRANSACTIONS
On April 23, 2014, we [UNIFIEDONLINE, INC.] entered into a Subscription Agreement with UnifiedOnline! LLC (the “Subscriber”), a Delaware limited liability company, pursuant to which the Subscriber purchased 400,000 shares of Series AA Preferred Stock which were converted on January 5, 2015 to 903,825,954 shares of common stock becoming a majority shareholder in the Company. UO! IP of NC, LLC is a related party to Unified Online! LLC. In consideration for the Shares, Subscriber paid $116,087 to various vendors and obtained the agreement of a certain related party lessor to temporarily forbear exercising non-payment default remedies. Since entering into the Subscription Agreement, the Subscriber has advanced approximately $1.0 million bearing interest at 10% per annum to fund general working capital. The balance due was $1,090,255 and $1,029,005 at September 30, 2015 and June 30, 2015, respectively, and is reflected as note payable, related party in the balance sheet.
================================================================================
Uo! Ip Of Nc, LLC is a Limited Liability Company located in Greensboro , North Carolina. The company was registered on 2009-06-17 and it is approximately 9 years years old. According to North Carolina business register Uo! Ip Of Nc, LLC status is Current-Active.
Uo! Ip Of Nc, LLC agent is Carter, William R., Jr.
==========================
https://www.sec.gov/Archives/edgar/data/1097718/000135448815005300/uoip_10q.htm
On February 27, 2014, Agility Ventures LLC sold and assigned the Master Lease and Equipment Schedule to a third party, UO! IP of NC, LLC (see Note 5). UO! IP of NC, LLC has advanced the payments made on this lease to the Company at a rate of 10% per annum. The balance due to UO!IP of NC, LLC was $635,000 at September 30, 2015 and June 30, 2015, respectively.
On April 23, 2014, we entered into a Subscription Agreement with UnifiedOnline! LLC (the “Subscriber”), a Delaware limited liability company, pursuant to which the Subscriber purchased 400,000 shares of Series AA Preferred Stock which were converted on January 5, 2015 to 903,825,954 shares of common stock becoming a majority shareholder in the Company. UO! IP of NC, LLC is a related party to Unified Online! LLC. In consideration for the Shares, Subscriber paid $116,087 to various vendors and obtained the agreement of a certain related party lessor to temporarily forbear exercising non-payment default remedies. Since entering into the Subscription Agreement, the Subscriber has advanced approximately $1.0 million bearing interest at 10% per annum to fund general working capital. The balance due was $1,090,255 and $1,029,005 at September 30, 2015 and June 30, 2015, respectively, and is reflected as note payable, related party in the balance sheet.
On January 5, 2015, IceWEB, Inc. changed its name to UnifiedOnline, Inc.
====================
Aug 15, 2014
CHANBOND, LLC was formed in Delaware as a Limited Liability Company
====================
Jan 5, 2015
https://www.einpresswire.com/article/242649598/iceweb-name-change-and-reverse-split-is-complete
We’re also branching into the area of Intellectual Property Monetization around patent portfolios we’re negotiating in our lines of business; there’ll be more on that later.
I’ve never been more excited to be a part of anything as I am to be making these changes. We’ve worked extremely hard to get our company into position to make this happen. Our model is sound; our approach is right; our systems are perfected, and our resolve is solid. Come along with us! Be a part of UNIFIEDONLINE!, INC (UOIP: OTC BB). It’s a new day and a bright future!” Howe said.
====================
Sep 21, 2015
Chanbond files suit against 13 cable providers. Chanbond and their legal team MISHCON DE REYA NEW YORK LLP file suite against the 13 cable providers
====================
https://www.streetinsider.com/dr/news.php?id=11104682
Oct 27, 2015
purchase agreement by and among Deirdre Leane, and ChanBond, LLC
Company purchased Chanbond, in exchange for a cash payment of five million U.S. Dollars ($5,000,000) payable on or before October 27, 2020 (the “Cash Payment”) and a shares payment of forty-four million, seven hundred thousand (44,700,000) shares of the Company’s common stock
====================
Oct 27, 2015
https://www.sec.gov/Archives/edgar/data/1097718/000135448815004760/uoip_8k.htm
Robert M. Howe, III of UnifiedOnline, Inc. purchases ChanBond, LLC
Robert M. Howe, III of UnifiedOnline, Inc. (the “Company”) entered into a purchase agreement (the “Agreement”) by and among Deirdre Leane, (the “Seller”) and ChanBond, LLC (“Chanbond”)
====================
Oct 27, 2015
https://www.streetinsider.com/dr/news.php?id=11104682
Deirdre Leane is the Manager of Chanbond. LLC
according to her signature on the 10-Q Deirdre Leane is the manager of Chanbond, LLC Schedule 2.2.7
====================
https://www.sec.gov/Archives/edgar/data/1097718/000135448815005300/uoip_10q.htm
On October 27, 2015, the Company entered into a purchase agreement (the “Agreement”) by and among Deirdre Leane, (the “Seller”) and ChanBond, LLC (“Chanbond”), pursuant to which the Company purchased Chanbond, in exchange for a cash payment of five million U.S. Dollars ($5,000,000) payable on or before October 27, 2020 (the “Cash Payment”) and a shares payment of forty-four million, seven hundred thousand (44,700,000) shares of the Company’s common stock (the “Shares”) par value of $0.001. The obligation to make the Cash Payment shall be evidenced by a promissory note (the “Promissory Note”). The above securities were issued in reliance upon exemptions from registration pursuant to Section 4(2) under the Securities Act of 1933, as amended (the “Securities Act”) and/or Rule 506 promulgated under the Securities Act.
On the Closing Date, pursuant to the Agreement, the Seller executed an interest assignment deed which assigned, transferred and conveyed all of its membership interests in ChanBond to the Company and ChanBond appointed William R. Carter, Jr. (a related party to the Company) as sole manager (“Manager”) who shall have sole and exclusive authority over the business of ChanBond.
Effective October 27, 2015, the Company entered into $5,000,000 no interest Promissory Note with the Seller. The Promissory Note is due and payable on or prior to October 27, 2020. If the Promissory Note is not paid in full by the Maturity Date, the aggregate principal amount shall be increased by Twenty Five Thousand Dollars ($25,000) for each month such payment is delayed (or pro rata portion thereof) until paid in full.
Until the Note is paid in full, the Company shall be obligated to make payments on this Promissory Note to the Seller from 100% of any Net Revenues, derived from the monetization of the ChanBond patent portfolio, within thirty (30) calendar days after each calendar month commencing with the calendar month ending October 31, 2015.
In October, 2015 a forbearance agreement was reached between the Company and UO! IP of NC, LLC which forbeared its enforcement of rights due to the existing defaults and amended the payment terms of the lease. The final payment date has been extended to October 31, 2017 at which time the then outstanding principal balance, together with all accrued but unpaid interest on the unpaid balance, shall be due and payable in full
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Assignment of patents from CBV to Chanbond
https://assignment.uspto.gov/patent/index.html#/patent/search/resultAssignee?assigneeName=CHANDBOND%20LLC
https://assignment.uspto.gov/patent/index.html#/patent/search/resultAbstract?id=10136180&type=patNum
http://legacy-assignments.uspto.gov/assignments/assignment-pat-36609-871.pdf
http://legacy-assignments.uspto.gov/assignments/assignment-pat-36621-134.pdf
http://legacy-assignments.uspto.gov/assignments/assignment-pat-36621-243.pdf
http://legacy-assignments.uspto.gov/assignments/assignment-pat-36621-163.pdf
http://legacy-assignments.uspto.gov/assignments/assignment-pat-36609-889.pdf
http://legacy-assignments.uspto.gov/assignments/assignment-pat-37208-770.pdf
http://legacy-assignments.uspto.gov/assignments/assignment-pat-37208-856.pdf
http://legacy-assignments.uspto.gov/assignments/assignment-pat-36641-384.pdf
We do know for a fact, and here is the documentation?
What I want to know is, are there any other principles for Chanbond, LLC? or is William R. Carter truly the sole manager?
1. Chanbond LLC is a subsidiary of UnifiedOnline Inc.
https://www.sec.gov/Archives/edgar/data/1097718/000135448815004760/uoip_8k.htm
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On October 27, 2015, UnifiedOnline, Inc. (the “Company”) entered into a purchase agreement (the “Agreement”) by and among Deirdre Leane, (the “Seller”) and ChanBond, LLC (“Chanbond”), pursuant to which the Company purchased Chanbond, in exchange for a cash payment of five million U.S. Dollars ($5,000,000) payable on or before October 27, 2020 (the “Cash Payment”) and a shares payment of forty-four million, seven hundred thousand (44,700,000) shares of the Company’s common stock (the “Shares”) par value of $0.001. The obligation to make the Cash Payment shall be evidenced by a promissory note (the “Promissory Note”).
2. William Carter is manager of Chanbond LLC.
(Same SEC document as above)
ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
On the Closing Date, pursuant to the Agreement, the Seller executed an interest assignment deed which assigned, transferred and conveyed all of its membership interests in ChanBond to the Company and ChanBond appointed William R. Carter, Jr. (a related party to the Company) as sole manager (“Manager”) who shall have sole and exclusive authority over the business of ChanBond, in exchange for a cash payment of five million U.S. Dollars ($5,000,000) payable on or before October 27, 2020 (the “Cash Payment”) and a shares payment of forty-four million, seven hundred thousand (44,700,000) shares of the Company’s common stock (the “Shares”) par value of $0.001. The obligation to make the Cash Payment shall be evidenced by a promissory note (the “Promissory Note”).
Long UOIP,
~Magnus
There are a lot worse Status that a company could have with The State of Delaware. See below
https://icis.corp.delaware.gov/Ecorp/FieldDesc.aspx
STATUS
All entities formed in Delaware whether active or inactive are defined with a particular status. They are defined as such:
A - Good Standing - The entity's existence has not been terminated either voluntarily or administratively.
C - Cancelled - A certificate of Cancellation has been voluntarily filed by the entity to terminate its existence. This certificate is filed when an entity has dissolved and at the completion of winding up the entity.
D - Dissolved - A certificate of Dissolution has been voluntarily filed by the corporation to terminate its legal existence.
E - Expired - A Limited Liability Partnership or Limited Liability Limited Partnership has not filed their annual report in a timely manner. A reinstatement and all Annual Reports that have not been filed, may be filed to reinstate the LLP or LLLP to good standing status. Refer to Title 6, Chapter 15 Section 1003.
F - Forfeited - A corporation has on record a Certificate of Resignation of registered agent and the appointment of a new registered agent was not filed within the designated period of 30 days.
G - Resign to Appointment - An Unincorporated Non-Profit Association filed pursuant to Title 6, Chapter 19 may appoint an agent to receive service of process. If such agent resigns from this appointment the entity would show this status.
J - Cancelled-Voided - A Limited Partnership, Limited Liability Company or Partnership failed to pay their annual tax for a period of 3 years from the date it is due.
L - Consolidated - A Certificate of Merger and Consolidation has been filed. The existence of this entity has terminated and a new entity has been created as a result of the filing.
M - Merged - A Certificate of Merger between 1 or more entities has been filed. This entity did not survive the merger but was merged into another entity.
N - Converted - A Certificate of Conversion has been filed. This entity has been converted to an entity that is in existence in another jurisdiction.
O - AR filed, Tax delinquent - This represents a corporation that has filed the required annual report, however there are still delinquent taxes due.
P - Revoked - A Limited Liability Partnership (LLP) that has not filed their Annual Report. The Statement of Qualification or Statement of Foreign Qualification of the LLP has been revoked by the Secretary of State.
Q - AR delinquent, Tax paid - This represents a corporation that has paid taxes in full, however the required annual report has not been filed.
R - Forfeited-Resigned - A Limited Partnership, Limited Liability Company or Partnership that has on record a Certificate of Resignation of registered agent and the appointment of a new registered agent was not filed within the designated period of 30 days.
S - Surrendered - A Certificate of Voluntary Dissolution before issuance of shares or before beginning of business has been filed with the Division of Corporations.
T - Transfer - A Certificate of Transfer has been filed and the result of such transfer is the cessation of its existence as an entity of the State of Delaware.
U - AR delinquent, Tax due -This represents a corporation that has not filed the required annual report and there are delinquent taxes due.
V - Void - A corporation that failed to pay it's annual franchise tax for a period of 1 year or a Foreign Corporation that has not filed their annual reports within a 2 year period.
W - Withdrawal - A voluntary Certificate of Withdrawal has been filed by the Corporation which is registered/qualified to do business in Delaware as a Foreign Corporation but domestic in another jurisdiction, to terminate it's authority to transact business in the State of Delaware.
X - Ceased Good Standing - This represents an entity that failed to pay their annual taxes timely. For example: 2002 taxes due June 1, 2003 were not received by end of day June 1, 2003.
Does anyone have a link to paperwork showing who the principals are for Chanbond LLC ?
We know for a fact that:
1. Chanbond LLC is a subsidiary of UnifiedOnline Inc.
2. William Carter is manager of Chanbond LLC.
Thank you,
Magnus