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Targun

08/03/19 12:52 PM

#71346 RE: Scruffer #71331

A niice read!
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I-Glow

08/03/19 3:22 PM

#71351 RE: Scruffer #71331

Or the Delaware District Court dismissing the complaint filed by the non-practicing entity (patent troll).

Although the legal results don't have any meaning to shareholders as they won't get anything - Carter the patent troll isn't going to throw investors a bone.

Carter could have complied with the SEC request to file and become compliant but Carter et el wanted the company private.

Carter could have easily filed a Form 15 and that would have stopped the revocation - but he didn't because being a private company makes it much easier for the insiders to screw over the shareholders.

IG
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TonyJoe1957

08/04/19 7:27 AM

#71368 RE: Scruffer #71331

Good morning all UOIP longs and COMM institutional bag holders!
Reconsidered the Ch 7 thing for COMM. Instead, I think it will achieve subpenny turd status, common equity will be wiped out, and debt holders will be issued NEW common shares in Ch 11 reorganization.
JMHO.