Replies to post #91747 on UnifiedOnline Inc fka UOIP

[zombywolf]

Don't forget, this is a corporate "dissolution. There are specific rules governing the process that Billy cannot interfere with, as long as we get directors elected to represent the corp in the process. From what I have seen of Bob Whitman and his group, they are fair people and will adhere to the rules of dissolution. But we need to create the corp structure to keep the process at "arm's length" and protective of the shareholder base. I have no problem with Billy being one of the directors, but we need two other directors not affiliated with him to make decisions for all. A shareholder and one of the inventors would be my preference.

[TonyJoe1957]

Actually, someone said it would go to Billy and his waterfall, interceptor, skim as much as you can off the top organization a few months ago, so I thought that might be possible.
Everything you suggest sounds very cool to me.
Again, very easy to do "schedule of safe payments" and lay the groundwork in a parallel fashion.
If 75%-80% collected, there is really no reason why initial, safe payment disbursements cannot be made well before Christmas.
Thank you!

[shajandr]

What has changed since this:

'It comes down to two things IMO:

(a) If the shareholders have legal counsel of record sitting at the table right now, they will overcome every obstacle you have raised and get Billy to negotiate a piece of the settlement pie.

(b)If there is no legal representation in place - if shareholders are just consulting with and discussing things with lawyers - then Billy will run this thing past everyone, get his money, and disappear.'

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164397247

Part B I agree with. What has changed?

[Long term]

Correct!