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I believe he put in $16k. The additional 600m shares that were diluted paid off the old IceWeb debt.
Mmm hmm. A couple of co-conspirators.
There were blatant lies in Dierdre's Request for TRO. I find it odd that Carter didn't point them out in his response.
I think they're both just blinded by greed.
It would appear that way. Either that, or this was all part of the plan as well. Give Chanbond back to Leanne at the end of litigation and cut a deal for a percentage. What's a few grand for attorney fees and court costs compared with eliminating 700 million shares or so?
I stumbled on that when I went looking for a hearing date for court confirmation of the decision from the arbitration, which has still not been set apparently.
It was all planned from the beginning, by both of them. Dierdre is not innocent here either. Dierdre didn't learn about the additional loans from Bentham and the 20% to UO!IP and the "imminent" settlement agreement all at the same time in late September/early October 2020. The UOIP shares were only intended to be a small bonus for them from the outset.
I did.
Information that isn't favorable to either of them, really.
Yeah. That's what I assumed. Who loans that kind of money to a co-worker or former co-worker? That filing suggests there is no reason to believe Leanne didn't know what she was getting herself into when she went into business with Carter.
It looks like the court referred it to mediation. I'm relieved it's not related to Chanbond or UOIP.
Thank you, Dilly!
I would still like to see this complaint if someone has Pacer access.
https://www.pacermonitor.com/public/case/40725512/Leane_v_Carter
I believe Dierdre is also suing Whitman/Mishcon, since Whitman also convinced her to rescind her consulting agreement at the beginning of the suit. But you're right, Chanbond's lawyers wouldn't be defending Carter in this action.
I just discovered it when I did a search to see if the panel from the American Arbitration Association had filed a response to the arbitration.
The complaint was filed June 22.
She didn't have trouble serving Carter. He responded. It was Chanbond's lawyers who didn't accept service. They did not represent Carter in Texas.
Yeah, I was aware of that filing. I'm not sure that it's relevant to us. Except this woman's greed seems to have no bounds. Seems she wants all of the settlement and the attorney fees, as well.
Who has the access to Pacer? It looks like dear Dierdre filed another complaint against Carter in North Carolina, https://www.pacermonitor.com/public/case/40725512/Leane_v_Carter, for breach of contract.
I called so many times. No one ever picked up. I left messages. No one called back. I emailed and never received a response. Odd that multiple people are getting through today.
You do know that's what Sharp does for a living -- sues people -- right?
That was fun. We should do that again tomorrow.
An honest director would keep the company financials updated.
He has sole dispositive powers and is listed as sole director on the filing with the state of Delaware. He has a fiduciary responsibility to shareholders.
You're right. We'll get something. They can't just cut shareholders out, doesn't matter when the shares were sold into the market.
Honestly, we don't know how many boxes each of the 13 had deployed at any given time over the years from the publicly available information. We don't know if Cox has been infringing the entire 7 or 8 years. They may have been late to the party.
My bad, $133 million then.
That was shared with the board by Zomby and Long Term, who attended the trial.
They were only asking $144 million from Cox, the third or fourth largest provider, at trial. I can't venture a guess really, but I don't think it will be that high.
I guess I'm not following since one of the posts in this thread was deleted.
He could have put in a nominal amount, but the filings are not clear.
Yeah, it's not over yet for us.
I'm really surprised.
Holy smokes
Got a doji today. Bears are not gonna win this one.
Too many traders are going with the flow, adapting.
I've been watching Level 2 and I see that, too. I don't think they're "actively" manipulating. It looks like a computer algorithm. I've seen it on almost every other stock that pops 10%, 15%, 20%. The algo kicks in and starts jumping the ask and the bid and lowering both. Bass turds are probably still sleeping or still eating their steak and eggs when the algo kicks in. Been going on for months.
I gotta feelin', ooh ooh, that the 9th's gonna be a big bust. Yeah the 9th's gonna be a big, big bust. Lol
The 13 will likely ask for a continuance of the stay to keep "negotiations" going. Chanbond will ask for a new trial date. Andrews will set a new trial date. Ying will send the judge a sealed letter threatening appeal if they don't get another continuance... and round, and round we go.
Actually, our laws are written by elected officials - state representatives and the U.S. House of Representatives, many of whom don't have a background in law or any legal education. Apparently, you don't even need a high school diploma to run for office and get elected, though we've discovered recently that a GED is strongly encouraged.
Lawyers just argue the law, which is too often ambiguous, since we have so many reps without an education in law, or even basic critical thinking skills. It's up to judges and juries (with many jurors also lacking in an education in law), to interpret the law. And it's up to judges to apply the law. I guess that's why our legal system is such a mess and companies like the 13 feel comfortable taking advantage of the system.
Close only counts in horseshoes and hand grenades. Supposedly, settlement was "imminent" in August 2020, too. The legal team for the 13 are shady as h*ll.
"Cox Communications is a publicly traded firm, majority owned by Cox Enterprises, which runs the fifth-largest cable television system in the country, with 3.3 million customers, and also provides digital personal communications services (PCS), highspeed Internet access, and local phone service."
Cox Communications is a subsidiary of a privately held company, though. If the parent company picks up the tab, it may very well not be reported.