InvestorsHub Logo
Followers 737
Posts 76008
Boards Moderated 0
Alias Born 01/01/2012

Re: Gmc2020 post# 70488

Saturday, 07/20/2019 6:59:20 PM

Saturday, July 20, 2019 6:59:20 PM

Post# of 96904
Valuation? Are you referring to settlement?

So if there is a settlement of $5 Billion (that will never happen in Delaware) but let's use that number.

The contingency fee plus expenses etc would be at least $2 Billion.

So that leaves $3 Billion - what does the ChanBond insiders receive? No one could possibly believe they aren't receiving anything.

If the ChanBond insiders receive 25%... Which would be $1.25 Billion.

So off the top it would be $3.25 Billion.

That leaves $1.75 Billion.

The O/S from years ago was $1.6 billion shares.

Under this pinkyland wishful thinking fantasy that is $1.09 per share.

So how does shareholders receive the money - the TA won't distribute the assets.

Then there is a problem of the shares - who do you sell them to - it is a private company - and no one believes a narcissistic patent troll would ever share the settlement.

Shareholders are left with the option of suing Unified but all Carter has to do is not pay Chanbond the $5 million and the shareholders get $0.00.

IG

Remember that UOIP doesn't own Chanbond as they still owe Chanbond $5 million and they don't have any capital.


It's I-Glow here, and I'm Mr. Clean.
They call me "hit man"
Don't know what they mean.

Join the InvestorsHub Community

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.