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BrokeAgent

05/27/21 10:31 AM

#87148 RE: zombywolf #87147

You're kidding right? Carter thought he could just give himself 20%. What makes you think he hasn't thought about "percentages" for his family and Rob's family.

I'm all for getting UOIP relisted, if it makes sense. If it's just to create a new crop of bag holders at a much higher price, what would be the purpose. We have no idea what Cox has negotiated with Chanbond, or if the remaining 12 have settled.

By the way, has the request for a stay been filed yet?
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jesuslovzu

05/27/21 10:33 AM

#87151 RE: zombywolf #87147

ZW I know you and AJ were in contact with the inventors. Are they aware that we might take action, and are they aware that we think Carter will abscond (is that a word?) with the funds?

I know it's not legally binding or anything, but would love to hear from them about what they think we should do. Surely they have family or friends who invested?

Now that the case is settled, I assume they'd be much more free to discuss this stuff... and give a sense of whether Billy is really going to make us all pay $50k for a lawyer, or if he's going to do the right thing.

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Ranger185

05/27/21 10:34 AM

#87152 RE: zombywolf #87147

You don't think he'll simply pay his family off from his portion of the waterfall? He had to think about all the "what ifs" before he took the actions he did correct? He must be fairly confident in his success of pulling this off knowing it would all be made public at some point.
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BrokeAgent

05/27/21 10:51 AM

#87155 RE: zombywolf #87147

I can see him doing the right thing only if his hand is forced with legal action. Honestly, I think even now that he knows, with your appearance at trial and through certified letters from those who sent them, that shareholders are watching, he would still try to stiff us, maybe by offering enough for us to break even (which I would consider a loss after having my money tied up for 5 years), or maybe even a bit less.

I'm not sure what Carter's IQ is; I'm sure he's not stupid, but he is greedy and arrogant.