UnifiedOnline Inc fka UOIP

[QTRADERQ]

Many symbols in the "No bid" area or trip-0s are usually labeled with Caveat Emptor. It's a precaution.

OTC_Analyst, respectfully, that's not the reason. It was because of their silence after CISCO's six IPR's were denied.

All UOIP's management (Mr. Rob Howe) had to do---on 3/28 OR THEREAFTER---was to issue a PR or 8K BUT HE DIDN'T & IMO DIDN'T CARE TO. Even though (as you say) it's a lengthy process to reverse it. Which UOIP's experienced management should have known
http://www.otcmarkets.com/market-activity/caveat-emptor-changes?search=uoip&searchType=symbol


For anyone who doesn't know the CE symbol was added on 3/28 when news leaked out that Cisco six IPR petitions had been denied. The UOIP stock rallied from .0001 to .0006 from 3/27 - 3/28, on 41 mil and 147 mil shares, respectively.
https://www.lexisnexis.com/legalnewsroom/litigation/b/newsheadlines/archive/2017/03/30/ptab-nixes-six-cisco-ipr-petitions-over-networking-patents.aspx?Redirected=true

If Mr. Howe were to have COMMUNICATED THE REASON FOR THE SUDDEN PRICE SPIKE IN THE STOCK, this CE situation could have been avoided imo. But he did not care to publicly disclose the reason for the price spike. I do not buy the argument by longs he was restricted, that it was confidential insider info, etc. He could have filed an 8K or issued a PR AFTER 3/30 when it became public info.

Clearly, Mr. Howe does not give a hoot imo about common investors and for that reason ... if it becomes necessary next year to pay the lawyers, it would surprise me if Billy's common was swapped for Preferred and some of that 6 Bil AS were utilized. From the 12/31/15 10Q Balance Sheet

Common stock ($.001 par value; 6,000,000,000 shares authorized; 966,928,504 and 912,466,204 shares issued and outstanding, respectively)

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11200129

All imo