Are you sure? I guess if that is what CBV has told you, then it MUST be true.
Why has Ying (lawyer for the 13 in the Chanbond vs. MSOs case) mentioned that $125 million was the settlement amount but that was not all that was included in the agreement? She further proposed to the court that the agreement terms stay under seal to protect the 13. I invite you to take a look at the $1.3 billion intellectual property asset that Cisco acquired in June of 2021. Coincidental timing? I think not, as this is not a common thing for Cisco in their intellectual property assets over time. And being that Chanbond would be renewing their patents in Sept. of 2021 and going after all other of Arris/Cisco customers - this had to be done prior too.
You see had they written these terms (sale of the patents) into the settlement with an NDA, it would have been a material event which would have been shared to Cisco shareholders. But instead they acquired the patents and considered it a non-material event as they gained an asset in return (clever design). This was the smartest way for Cisco (one of the main culprits that would be on the hook with all of their customers) to get out of this mess.
Credit to one of my dear friends that has followed this board for most of this intelligent thought process that makes the most sense.
I estimate the clubhouse is going to really get things in line now that they've been afforded some real power in this case. Me thinks Deidre and Billy are in a real pickle on this one. Filing a derivative action on behalf of UOIP shareholders, when she was not even a shareholder to begin with? Laughable. Where did those shares go? Could Deidre and Billy have been selling off their shares before delisting as they had NO intentions of including shareholders their rightful share of the funds? Seems like a real pickle for some criminal trouble coming thereafter unless they want to come to the table quickly. Selling shares to willing investors who are purchasing a piece of the potential pie to be acquired in the lawsuit knowing they would never be included per their own actions to cut them out is fraud. This is one example amongst many others of their fraudulent activities. Deidre has been in the spotlight recently, wait until they start digging through Carter's actions.
I guess that whole arbitration was a big hoax as some here predicted after all? Looks like CBV is likely privy to some information that leads to a lot more on the table than the $125 million nonsense being presented. This is why they didn't want shareholders to have a seat at the table and negotiate a higher sum with the southern gentleman and his lady.
