New to the board (not invested) Rapid fire questions:
1. What does 'revoked' mean? (taken off exchange?)
Means the stock will no longer traded on any exchange.
2. Chances of settlement/win?
Very High… Chances of winning a settlement or B/O ~ 70% Chances of settlement B/O or trial award 90%... The Challenge here is the timing it’s a slow process … patience is a must.
3. Chances of complete loss?
Chances of failure 10%
4. Chances of win but somehow screwed out of ownership.
Don’t believe this is possible, However I do think it’s possible that we do not get an immediate full payout if we win future royalties and do not have a buyout offer. In this case UOIP would get current in their financials quickly and , so you could sell your shares and the market would value the stock at the value of future royalties.
5. Why hasn't the company reverse split?
There is no need… Not selling shares
6. Given your experience with other IP stocks, what is a fair price at this juncture?
I have been buying as much as I can under .015…have about 30m and I am slowing down just because of diversification in my portfolio. I would have paid more but these prices are available …Orders over .012 have not been processed lately but .01s have… My risk adjusted valuation PPS right now is .10… but I think settlement will be around .60-.90
7. What % of your investment money is in this stock?
20%-30%
8. Would this board remain if the stock is revoked?
Yes
9. Is there any chance that UOIP can't pay the $5m on the due date
Absolutely … zero doubt on this
10. What happens if UOIP can't pay the $5m to ChanBond?
Won’t happen… but if it did I am sure the deal would be re-negotioated as it would be in the best interest for all parties ex. $7M in another year.
11. Could they make some kind of back-door deal and opt not to pay in order to screw minority holders?
Not Legally
12. Any thoughts on other items UOIP owns?
Meaningless…. It all the Patents
13. Has anyone ever attended any of the legal proceedings?
Zombie has … and I have had associates attend on my behalf
14. Any lawyers invested? What drew you to this company?
The law firm I use had has had several partners but in… I don’t know their holdings
15. Has anyone met ( in person ) management/legal team?
I have worked with the law firm Mishcon de Reya… Primarily Raskin (one of their partners) I have not met Whitman…. The firm is top tier
16. Do you expect a one-time settlement or would there be ongoing revenues from use of the technology?
Most likely a one time settlement but but expect that to include a value to account for future use estimated around the 5 year value
17. How soon after a win would you expect this to be 'unrevoked' if it is 'revoked'.
depends on if we have future royalties... very soon... if not i think we get paid and the stock never gets unrevoked
18. Was the drop last year solely due to SEC action?
90% due to the SEC action… nothing changed other than that… the only reason I don’t say 100% is that I am sure there were some profit takers, as many bought in for .0001-.00001.
19. On a scale of 1-10 how risky would you say this investment is?
Hard to answer…I don’t think it’s very risky if you are investing disposable funds…. Where else can you expect a 70%-90% chances of 20x-100x
20. Is anyone invested in a company in the industry and using this as a hedge?
I am sure some are… but I see no reason to hedge with the odds of victory as I have laid them out.
21. Why would the defendants not buy up cheap shares of UOIP as a hedge?
I am sure some have… that’s the beauty of going Grey and potentially delisting… prevents this from continuing.. the Financial filings would have been submitted if Carter did not want this stock to go grey. Also Many Public companies have to disclose their investment holding to shareholders… I am sure Comcast etc does not want to show institutional investors that they are invested in a company filing suit against them.
22. What happens if something happens to William R. Carter Jr.?
He is not a one man show, His company is behind him
23. Does he post here under a pseudonym?
I highly doubt it… he has better things to do. Plus why would he take on insider information risks.
24. Why are there so many posts (over 60,000) and how did so many people get involved?
This has been going on a long time, there are a lot of posts, but not that many posters… just a good group keeping up with communication
25. Do you all have some kind of plan to meet up and have a big party if you get rich from this? Some do … I dont
