Great post long.
Main objectives, keep Deidre’s fraudulent 20% out, get rid of Carter’s fraudulent 20%, and negotiate Bentham’s cut considerably.
My take, the first two objectives are slam dunk when out legal team gets involved, the third (Bentham) is more complex. At the very worst we are looking at a 23.5% cut of the final amount awarded in the case to UOIP shareholders if Deidre and Billy do no get their fraudulent cuts. This is of course considering the Bentham cut stays at 25%.
23.5% is a lot less than any of us would have considered when buying a stake in the dilution here, however we should have suspected lawyer fees and the 50% allocated to the inventors I have mixed personal feelings about. We will see what unfolds but I predict we get rid of the two clearly fraudulent terms quite easily.
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