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justus1

02/25/19 1:41 PM

#62466 RE: Specialneeds #62465

My theory is it had to do with Rob Howe wanting to help those who were taken to the cleaners early on before the patents were bought. Seems like a long story but when one goes back in time it seems to make sense. In any event the old saying of never look a gift horse in the mouth seems to apply. Will be here till the last card is played. UOIP!
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handMMJ

02/25/19 1:58 PM

#62470 RE: Specialneeds #62465

“If I’m Carter or his partners why would I share any award with anyone if I didn’t have too.”—- SL, r u saying that I won’t get any penny even Uoip won the case at the end?is Carter holding common shares too, right? I am a common share holders too.( just barely a million shares).
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BrokeAgent

02/25/19 4:59 PM

#62485 RE: Specialneeds #62465

There were individuals already holding.They could have bought out the shareholders and taken the company private, IF those shareholders agreed to sell. If not, they would be holding shares in a private company as long as they owned 52% or more of the shares. There is no way to legally force people to sell their shares. If a buyout occurs, you are still not forced to sell your shares. However, if the company is a Delaware corporation, the purchaser needs only 52% of the shares for a buyout. Anyone who doesn't agree to sell, will likely be left with nothing.
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choo choo trader

02/25/19 5:57 PM

#62488 RE: Specialneeds #62465

It could be a long term tactical move based on several different reasons, some already mentioned. I'll throw this one out. If Carter planned on bringing the company back in compliance and up listing after a settlement he would want a substantial number of shares in the public domain in order to allow making a market by trading. If he owned all the shares their would be no market.
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zombywolf

02/25/19 8:02 PM

#62492 RE: Specialneeds #62465

There were UOIP shareholders before Billy got here. They could be a good number of shares in those 700MM.