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Toanoman

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Toanoman

Re: Gm1850 post# 53099

Tuesday, 09/11/2018 12:08:33 PM

Tuesday, September 11, 2018 12:08:33 PM

Post# of 96919
I agree. Board hasn't discussed this but it would be good to understand it.

Zomby, if I understand you correctly
- Carter would initiate a tender offer for say a $1

- UOIP Share holder that tendered their shares would get $1 in account

- Carter would have a shareholder meeting and agree to take company private and those that don't tender would end up having their shares cancelled and receive a minority interest in new private company prorated to their % of UOIP ownership ( their shares / UOIP shares issued )

- Private company controlled by Carter - may or may not pay dividends - minority interest holders get what ever he wants to give.


*** Most Holders of UOIP would take the $1.00 and run - IMO - I know I would.
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