Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We're doing exactly what we talked about, what you suggested months ago. You suggest we wait until we have a verdict or settlement, then hire a lawyer. Now you've changed your mind?
Zomby, you'll recall that Carter didn't bother responding to multiple requests from the SEC for the benefit of shareholders, and he hasn't responded to shareholders for years. And if the allegations regarding the new "waterfall" in Dierdre's TRO are to be believed, he doesn't seem to be too terribly concerned about the patent creators.
GMC2020 was one of our original committee members, AJ. We've been working together since the committee was formed when Dierdre filed the request for TRO in October. There are no multiple teams.
GMC2020 is one of the "committee" members. We've been working together on this since October.
Hello. Happy birthday! Shareholders have been reaching out to Carter for months. Carter has not been responding.
Yes. What investors need to understand is that if they have $1 invested in UOIP/Chanbond, they likely have more money invested than Carter does. Per filings with the SEC, Carter was gifted his shares to represent Chanbond, and according to the allegations in Dierdre's TRO, he has leveraged shareholder investments, not his own money, to secure loans to support himself. He's not vested financially and never has been. None of his own hard earned money has gone into this endeavor. Nor has any of Dierdre's money been invested.
I'm having a difficult time following a couple of members on here, honestly. It seems some have the idea that we may not have recourse against Carter when every lawyer I've spoken with tells me that not only are Carter's actions up to this point a civil matter and that we have a good case, but if the allegations in Leane's request for TRO are true and he follows through with any of them, he could face criminal charges as well.
This is not and has never been a family owned business. This was a publicly traded company and we all purchased diluted shares for the purpose of indirectly financing this litigation. Carter cannot legally breach his fiduciary responsibility to shareholders and arbitrarily decide to restructure the company so as to dilute the value of certain shareholders in favor of himself and/or other certain shareholders.
I'll trust the lawyers I've spoken with.
Carter made us private through his malfeasance. Our shares were purchased on the open market under SEC and FINRA regulations for publicly traded companies. We didn't purchase shares through a private offering. Carter and UOIP still have the same fiduciary responsibilities to shareholders.
We didn't purchase our shares from a "private company."
I can see him doing the right thing only if his hand is forced with legal action. Honestly, I think even now that he knows, with your appearance at trial and through certified letters from those who sent them, that shareholders are watching, he would still try to stiff us, maybe by offering enough for us to break even (which I would consider a loss after having my money tied up for 5 years), or maybe even a bit less.
I'm not sure what Carter's IQ is; I'm sure he's not stupid, but he is greedy and arrogant.
Carter doesn't get to decide which shareholders get paid and which don't, legally.
You're kidding right? Carter thought he could just give himself 20%. What makes you think he hasn't thought about "percentages" for his family and Rob's family.
I'm all for getting UOIP relisted, if it makes sense. If it's just to create a new crop of bag holders at a much higher price, what would be the purpose. We have no idea what Cox has negotiated with Chanbond, or if the remaining 12 have settled.
By the way, has the request for a stay been filed yet?
Carter must have known that before he let UOIP become delisted and started making plans to cut shareholders out.
I'm sure if they settled for $133 million, which equaled 38 or 39 cents per box per month, that will be the license fee going forward, unless they settle $133 million, plus negotiate a purchase price for the patents.
Hopefully, Carter and Leane do the right thing and don't make us come after them.
I believe Cox was using Comcast's lawyers.
Second Quarter financials are due August 11.
Hopefully, .004s are history and it pushes us to .008. Today would be a good day for that news.
We should see a filing asking the court for a stay if they reached a settlement.
I'm just wondering why they would be talking about jury scheduling in the side bar.
Sounds like they could have just been talking about scheduling continuance. I think Andrews thought it it would be wrapped up today, but with all of the technology issues, maybe they need a few more days.
Not to mention there were shareholders who sent certified letters.
Did someone say the jury was dismissed yesterday afternoon before lawyers had a side bar with the judge?
It's probably intentional sabotage by the cable providers.
Keep in mind, the Federal Circuit Court of Appeals will only hear an appeal if there are "excessive damage awards" or judicial errors. Maybe that's why Chanbond isn't asking for the higher end.
It's hard to say. We have no idea when all of the subscribers for those public companies started using the tech. The following link can give you a rough idea of the number of current subscribers.
https://broadbandnow.com/Cable-Providers
Again, about 40 cents per box per month. I hope at some point he breaks it down for the jury. When they think about how much they pay for cable, how much the providers have been making from the tech, over the last several years at $70, $80, $120+ per month, 40 cents per box per month is pocket change.
It looks like Chanbond is suing for around 40 cents per box per month. Which is not at all unreasonable when you consider the cost of cable these days. My internet alone is $80 a month.
I think they used the .27 per box per month figure in Feb. That was the minimum. When I calculate the amount based on Cox's current subscribers, I get about $90 million.
I believe this was the lawyer they added in June, no? Is this the hotshot with the cookie recipes?
https://www.winston.com/en/who-we-are/professionals/melsheimer-thomas-m.html
I'm not attending the trial.
The company the patent creators formed was CBV.
This is probably the lawyer from Texas they added last July and then tried to move the August trial for because he wasn't available.
I think CDEL is using algos. They jump the ask all day on everything that pops. All of the charts in the OTC are beginning to look alike.
CDEL's been jumping the ask all day.
Well, if the defense really used the baking cookies analogy that zombie's wife said they used, I, personally as a soccer mom, would be offended.
Boy, you sure have a thing for soccer moms. You know, I was a soccer mom. I wouldn't completely discredit them based on appearance.
"moot" yeah.