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Re: justus1 post# 89386

Tuesday, 07/13/2021 3:03:17 AM

Tuesday, July 13, 2021 3:03:17 AM

Post# of 96904
That's a concern, and I've brought this up before.

Billy could agree to a lowball settlement, but then have a high price for the tech. He gave himself 20% of UO!IP which licenses/sells the patents. A distinction without a different for all practical purposes, except that he can structure it so more of funds go towards that instead of settlement, since he granted himself a greater portion of those.

I am not saying he did this, but I am just saying that if someone isn't interested in acting in the best interests of holders.. the potential has always been there to try.

Thing is... At this point, the future value of this tech is very small relative to prior damages from the theft, so the lion's share of the overall $ figure should be in the settlements rather than any sale of the tech.

20% may not seem like a fortune... but when everyone else is netting off the top, we end up getting less and less and pushed further and further down (based on the TRO) it can make a big impact.

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