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Re: stockticks post# 20001

Sunday, 06/15/2014 8:11:33 AM

Sunday, June 15, 2014 8:11:33 AM

Post# of 96905
It seems that a new actor with a lot of shares is dumping them on the market. The most logical source is Mr Carter. He paid $116,085.87 to obtain over 4 billion shares of IWEB.

In consideration for four hundred thousand (400,000) shares of Series AA Preferred Stock, UnifiedOnline! (i) paid $16,753.80 in satisfaction of a contractual health insurance obligation of Iceweb, (ii) caused $99,332.87 to be paid on behalf of Iceweb to various vendors, and (iii) obtained the agreement of a certain lessor to temporarily forbear exercising non-payment default remedies. The funds were provided to UnifiedOnline! by UO! IP NC, LLC, a North Carolina limited liability company. UO! IP NC, LLC is ultimately owned and controlled by William R. Carter, Jr.

At the rate he is (apparently) dumping them, he is pulling in about $25,000 a trading day, which will pay off his purchase price very quickly. (20 million shares at .0017 = $34,000) The questions are: How long will he continue? How low will he drive the price down? And what are his intentions for the "company"?

I believe he is an opportunist who has no interest in Iceweb and after wringing out a profit, he will leave the scene with shareholders holding valueless stock and the "company" with no value other than as a delisted shell.

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