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jesuslovzu

05/31/21 12:28 PM

#87712 RE: jesuslovzu #87710

to further elaborate.. I don't have the numbers in front of me so these are nice and round just to make the point...

Let's say the total settlement is a billion.

Inventors 25%
lawyers 30%
Bentham 25%
us- the rest....

then this would only leave us with 20% of this, or 200 mil to split among shareholders.

HOWEVER

If Bentham is capped at $25mil, then in the above scenario, he'd only get 2.5% rather than 25%, and I assume the rest would go to us as a part of the 'what's left' bucket.

Inventors: $250mil
Lawyers: $300mil
Bentham: $25mil

then that leaves $425mil for us, rather than just $200.

This is leaving Billy and UO!IP and Diedre and all that out of the equation, and is just meant to make the point that if Bentham is truly capped, then in a large settlement our share is larger than it might appear at first glance.

Just to be clear, whether Bentham gets $25mil or $250mil I believe Billy should pay for all of it, but either way... $25m does look a lot better.
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BrokeAgent

05/31/21 12:49 PM

#87718 RE: jesuslovzu #87710

We haven't seen the agreement or agreements Carter and Leanne signed with Bentham, but her request for TRO alleges Bentham's return is not capped. The waterfall, without her 22.5% "consulting fee," and 22.5% to Carter would pay the lawyers 30% first, then "up to" 25% for Bentham, and the remainder would be split 50% to CBV (the patent creators) and 50% to UOIP.
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Gmc2020

05/31/21 1:07 PM

#87723 RE: jesuslovzu #87710

25m or 25% which ever is GREATER …. No cap 2b settlement would give them 500m