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Hey looks like we have missed an opportunity. Surely we have folks that have a connection with the Obama administration. If we should lose the appeal we need to go to the ITC and get a reversal.
http://blog.heritage.org/2013/08/13/apple-vs-samsung-why-is-the-obama-administration-involved/
So, how much is DD worth? I have tried to search him on the internet, just to find out more about where he started, how he made his money, what he is worth, what charities he donates too, any other good deeds, anything that would tell me who the "man" is. However, all I find are lawsuits. Perhaps you can give us a link to a Forbes write up or anything with details that would shed light on this great man, that will deliver us from the abyss.
You guys kill me. I am no huge fan of DW, but let's face it... without his intervention, we would have been slowly drained by DD. The only difference is that with the receivership we had had a chance, but DD weaseled his way back in and we are heading to the same eventual end. $ 0
While I was being a little cryptic back in January with this post..."I had a fleeting thought when this started. What if somehow unknown persons were able to do a little point shaving, look good but throw the game. Later they would go to the receiver window and buy the winning ticket for enough to make the window happy and then go to the next window and cash it in for $1000000's ++++. How's that for a conspiracy?"
Let me state my thinking more clearly. Diac goes through all the trial motions, apparently fights hard, but throws the game. He then forgoes the appeal, buys the patent from receiver for enough to cover the reciever's costs+, (that is all the receiver wants) leaving the stockholders as he originally intended, with nothing. He then re-files as the sole owner, against another infringer and fights like a mother protecting her child. If there is no appeal then my scenario is very plausible.
I had a fleeting thought when this started. What if somehow unknown persons were able to do a little point shaving, look good but throw the game. Later they would go to the receiver window and buy the winning ticket for enough to make the window happy and then go to the next window and cash it in for $1000000's ++++. How's that for a conspiracy?
Just picking nits. Best wishes. I think your price is close but a little a low.....I hope!
1 million shares at $2.50 ----$2.5 million dollars and you will "split" the $500 transfer charge. Mighty big of you, LMAO.
Really just poking you. Hope you get it or someone outbids your asked!
Laser Patent?
I am with you Litton. I would like a clear cut answer, but unfortunately we still have alot of hoops to jump through. Trust me, I want them to "Show me the money", but it appears we still have a considerable way to go.
This exercise was establishing the "rules of the game". I don't understand the technicals, but hopefully most of the rules are in our favor. The "GAME" still has to be played (at trial )to determine a winner. If the rules are moderately in our favor then we have a good chance to win, if not then we must have an exceptional game to win. The more scholarly posters may have a better explanation..... HR, SH and I would like to hear from the professor...downside?
Yes, glad we have the receiver as a backstop. Just my often burned pessimistic thoughts. I wonder what the stock price would be today if the company were actually doing this?
Most everyone is beginning to sound like an Alabama fan. "We are totally going to dominate them!" Well I hope we get an overwhelming win, but just a little worried that somehow DD throws the game, setting a value so low that he is the only bidder...completing his original plan of stealing the patent. Sorry just seen way too many surprises. Here's hoping!
Ha, I just realized that HOTs 5-10 million patent value statement is exactly what I explained about the realtor's low ball statement. Trying to set up low expectations to make a marginally higher bid sound great. LOL. As stated we are getting closer to finality. Good Luck.
Ok I will sort of be the first to jump
I knew someone involved in a Madoff style ponzi scheme. Receiver set up a web page, listed assets, when the they were sold and how much they received. Then made payouts when there was a sizable amount of cash.
Assuming a T-Mobile settlement, he will probably hold back as much cash as he can reasonably get away with and distribute the remainder, so that he can show the judge he is working in good faith. Then his billable hours will probably double or triple, as he goes through the selling process.
I would speculate that Diac asked for 29% and BOC (ex williamson) needed to show what great negotiators they were and negotiated it down to 28%, bet that winning negotiation is in the BOC minutes.
Cougar....would enjoy knowing the connections with old posters. Also would like to know the inside connection of an old poster named Drago2. Not that it really matters going forward, just interesting to find out how we have played by any and all posters.
I have seen several posts stating that the diac parties would use their portion of the settlement to "buy" the patent. How on God's green earth would a patent be valued at 28% of a SINGLE infringement settlement? I would think that the patent would be worth at least 6 to 10 times the value a single settlement. What am I missing?
an old post regarding potential settlement dollars from "Vistahuranamama" or something like that.
Perhaps your reference to deerslayers/ wikipedia's post regarding the markman hearings would be a more appropriate sticky than the current....."Wrong. DW is the reason CLYW did not succeed!!!!!"
I'm sure it is just one of many reasons the receiver gives this forum almost no credence.
Hey, just curious how that lawsuit of yours v. DW is coming along? I am sure we would all like to follow along. where did you file?
So Andy thinks this will be the case that will make him "big time" ?
Kinda like that, so I am going with the blue sky approach....
You still sleeping on the couch? This stock is like cheating, don't ever confess!
Hope for at least a break-even result. would like to follow your lawsuit v DW. Where did you file the case? what was the premise of your cause?
What a telling article.....they certainly realized the problem with CLYW..back in 2004.
Another "proof" that management was criminal at worse and inept at best. I believe t-mobile has provided clear evidence of management's breech of fiduciary duty.
It would appear that T-Mobile, expected CLYW to continue to circle the drain to the point they wouldn't have to do anything. But, now they are worried that someone with the best interests of the maximizing the value of the patent is in charge.
I have been an investor for over 5 years. So I can understand how many who have been around for the last couple of years would find Dave as the bad guy. (T'sip you are way behind the curve.)
Many of my deleted messages were pointed to DSU. But if you were around for as long as DSU, I think you would be singing a different tune. Unless, of course you had some other interests
So I would like to publicly apologize to DSU. Full Mea culpa to follow. Cudos to Deer$&inn**r..he has been here for at least 3 years and has been a consistent CT supporter.
I get your point about being pounded by the 800 pound gorilla. But then really all the telcoms using the patent are a collective gorilla, willing to shut down any clyw attack? The acacia deal sounded very lopsided to me at the time, but given the way things have transpired, would probably have been a good move?
OK instead of calling you professor, I may have to change the moniker to "prophet". LOL
Please expand on this....
Ok. So you are postulating that the patent suppression was in favor of Verizon? Correct me if I am wrong. Seems logical based on the fact that CLYW only pursued T-Mobile. If the patent was solid, then I never understood why they wouldn't pursue the biggest gorilla in the room. You win that battle and everything else becomes a negotiation of how much $.
That is awesome. If I read this right then it opens the possibility that the receiver could operate the company like we all expected.... without Diac and without pretend officers?
Didn't find it, but will look some more. I did find this though...
"But Calypso is not an operating business in the traditional sense" in other words....the imbeciles who were in charge didn't do $hit to maximize the value.
Your still in town? so what exactly do you mean by
Thanks... also appreciate your insight and information over time.
Where is the $37 million and wire transfers referenced?
Thanks.
Over/Under on length of time to wrap this up? My WAG is 8 months.
If we get very little for the patent, the the receiver fee may turn in to 40%. If he gets something closer to what we have always hoped then his fee may look more like 3 or 4%.
I am sure the receiver will be asking....What kind of settlement numbers were discussed with T-Mobile. That would probably be his beginning point for determining the value.
I am also curious to know what CLYW's total debt is currently. (Ligitimate debt, lawyers, note holders etc. not what CT thinks he should be paid)
How sweet that would be! Daic gets nothing, except maybe a few summons! Although I rather doubt the receiver will pursue legal action against these crooks. (that may be up to shareholders)
Wow what a sudden end to years of intrigue. Not particularly happy with the outcome, but obviously to have continued down the previous path would have been an even more bitter end. The upside is if the receiver finds the patent does have great potential he will work hard to maximize HIS return, which may benefit shareholders. If it has marginal value, this will be over quick and we'll writing off our losses on next years tax return.