News Focus
News Focus
icon url

I-Glow

08/09/19 11:36 PM

#71788 RE: jesuslovzu #71784

I still believe the problem for shareholders isn't the court but Carter and Chanbond.

Carter had many opportunities to cure the delinquencies and avoid suspension and revocation but chose not to - this makes it much easier to cut shareholders out.

UOIP still owes Chanbond $5 million - all Carter has to do is not pay the $5 million and UOIP doesn't own Chanbond.

There is absolutely no reason for Chanbond and Carter to share the wealth if there is a settlement.

IG