Replies to post #43496 on UnifiedOnline Inc fka UOIP

[faqt]

From what I know, there would be a judgement first, then assuming they pay UOIP, UOIP could elect to pay a special one-time dividend. It's a corporate action.

I don't know of any reason it would "go dark" or shut down. The Market Cap would likely approach the value of the settlement if the company held it in cash, maybe at a slight discount.

e.g. defendants give UOIP $160M cash. Cash per share of $0.10. Investors are willing to pay $0.085 for waiting to receive it and for assuming risk of holding shares vs. simple cash.

Just used 160M for example, not saying anything with that.

GLTY!

long UOIP

[thesmallguy]

I was in a stock that was bought out. I woke up to find that it had tripled. I think it stopped trading and I just sold it for .01 less than the buyout price.

[Scruffer]

Who knows? Possible special dividend.

Paid-out on pro-rata basis as accounted for by the Transfer Agent.

Or as some have speculated, wake-up one morning and $xxx dollars in account.

I'm sure Carter will do whatever is best minimizing his tax liability.

One thing we know, we all have the same common shares.

No preferred stock, thus nothing hidden or dividends owed in arrears.

I just wonder how the MMs are going to cover?