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TonyJoe1957

12/09/20 4:14 PM

#85116 RE: I-Glow #85114

I have seen a CEO go to jail over selling securities for personal expenses. Google Richard Altomare.
He got his own Wikipedia page.
https://en.wikipedia.org/wiki/Universal_Express
SEC took action in the case.

Scruffer

12/09/20 4:45 PM

#85117 RE: I-Glow #85114

What would prevent anyone from:

• Acquiring or inheriting an OTC public company
• Not file because:
>>> Doesn't meet their needs
>>> Not important to them
>>> Doesn't have the money
• Wait and wait
• Become revoked
• Change the terms in their favor

If you're the sole director or majority shareholder, how can terms be changed without informing the minority shareholders?

Is this NOT material?

IceWEB CEO John Signorello passed away.
UnifiedOnline CEO Robert "Rob" Maull Howe III passed away.

TYIA,

Mirror, mirror on the wall, who's the "Fairest" of them all?

Scruffer

12/09/20 5:15 PM

#85118 RE: I-Glow #85114

GE_Agrees_to_Pay $200M Penalty for Disclosure Violations

https://www.bloomberg.com/press-releases/2020-12-09/general-electric-agrees-to-pay-200-million-penalty-for-disclosure-violations

And countless others.

Fines and penalties out the wazoo?

stockfan100

12/10/20 1:32 PM

#85128 RE: I-Glow #85114

So what are you accusing Carter of doing that would be fraudulent?




It seems the question has already been answered on this board. Here are a few.

“Sorry but UOIP has been Revoked and Carter had over a year to become current and stop the suspension/revocation but oddly didn't do anything to protect shareholders.”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153093622&txt2find=uoip

“When Carter never communicated with shareholders - then didn't bring the financials current - he knew UOIP would be suspended and revoked - and it was easily remedied by filing a Form 15 - and UOIP wouldn't be suspended or revoked.

Then he didn't file the Annual report with the Delaware SOS - which takes 15 minutes. Now UnifiedOnline has been Administratively Dissolved.

Carter provided the proof he wasn't going to pay shareholders…”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159085351&txt2find=uoip

“Carter is a slow witted patent troll - he had over a year to cure the UOIP delinquencies and chose to do nothing - and made a very easy path to screw over shareholders.”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153118271&txt2find=uoip

“Why didn't Carter cure the delinquencies several years ago and prevent the suspension and revocation? What he didn't do wasn't in the best interest of the shareholders.

The answer is that it is much easier to screw over shareholders of a private company if there is a settlement.”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153731083&txt2find=uoip