Appalled at the outcome - protest at the Glasgow game.
Meanwhile, French champions Clermont Auvergne have ruled out recruiting Jackson, saying speculation they wanted to sign the former Ulster and Ireland out-half was "false information".
The group has surveyed the fanbase in the aftermath of the two players being let go, giving people a number of responses to how they view the move.
In the wake of the verdict, both the IRFU and Ulster Rugby launched a review into the players' behaviour.More news: Tiger Roll wins Grand National in thrilling finish
"In arriving at this decision, the Irish Rugby Football Union and Ulster Rugby acknowledge our responsibility and commitment to the core values of the game: Respect, Inclusivity and Integrity".
However, there was a public backlash over a series of sexually explicit WhatsApp messages involving the players and friends that emerged during the case.
It comes as the Ulster Rugby CEO Shane Logan said the province and the IRFU did not envisage the players playing for club or country again.
Where to next for Jackson and Olding was discussed on this week's The Hard Yards rugby show, you can listen to the discussion below from the 41.00 mark.
The Ulster Rugby Supporters Club is now canvassing opinion amongst its 938 members over whether they will protest against Ulster's decision or not ahead of, or during, Saturday's Pro14 game against Glasgow Warriors at Kingspan Stadium.More news: Thousands of Android apps are tracking children, study finds
Move on, we are a Supporters' Club and we support the club not individual players.
"No sponsor including Bank of Ireland drove the decision", he claimed.
Mr Logan, who has refused to quit his position as chief executive, said he believed both men had made a "serious mistake" but he hoped they would have success elsewhere.
Senior Ulster player Rob Herring read a short prepared statement on behalf of his teammates this afternoon during Tuesday's weekly press conference at the Kingspan Stadium.
'I think there's a sense among the fans that they've been left in the dark a bit, ' Wallace told RTÉ radio.More news: Drake Announced "Scorpion" Album & Social Media Madness Ensued
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