UnifiedOnline Inc fka UOIP

[Scruffer]

Well, apparently, either has Carter.

• I would think delinquency falls under "Breach of Fiduciary Duty"
• Along with, like ALL non-disclosed and non-filed SEC required documents, 8-Ks

I guess we'll all learn something with this case and lawsuit.

And since "Ultra Vires Acts" occurred,... ALL,... "YES ALL"... SIDE-DEALS made by Carter WHEN PUBLIC can be VOIDED (or renegotiated) since acted independently w/o board approval.

Bentham will be entitled to any loans and interest payments owed though.

And since no "known?" cap on Bentham, whatever (probable) "Kickback consulting-fee scheme" Carter had is gone.

My estimate is knocking-off at least 35%, allowing more dollars to go to the shareholders.

And if go by Dr. Teece's numbers of $0.28 - $1.06 per month per modem and:
• The total number of infringed modems (units) deployed or in-service
• Which companies had "x" amount of units for "y" amount of months/years
• The total number of subscribers (customers) each company has/had
• Which companies indemnified, by who, for how much and for how long
• Etc.

The grand total settlement amount has got to be WELL OVER ONE BILLION DOLLARS.

Who knows, but a HUGE, WHOPPING, GIGANTIC number (and this includes discounting).

Forgot if Chanbond was suing Cox for 133 or 140 million, but discount to $100M.

And from our field court attendees (thank you again), informed the hired guru, Thomas M. Melsheimer of Winston & Strawn LLP, just gave-up, left abruptly and knew he was losing TERRIBLY by reading the jury. He didn't even finish.

And Cox dwarfs both Comcast and Charter. They're ENORMOUS!
Comcast alone could be on-the-hook for $1B+ since 3x since acted with WILLFUL INTENT.

And what EXACTLY does GLOBAL SETTLEMENT mean since indemnifiers involved?

All the U.S. cable companies? 462 current cable providers. Doubtful, but never know.

Subscribers at end of 2Q 2021
https://www.leichtmanresearch.com/about-890000-added-broadband-in-2q-2021/
Market reach (coverage potential of each provider)
https://broadbandnow.com/Cable-Providers

Carter's lawyers knows he's in deep, he knows it (now), our legal knows it and we know it.

Haircut anyone?

Scruffcut

P.S. And a nickel a share isn't ANYWHERE close.