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Bout half a million shares traded after abismal volume all week and this board is quiet as a mouse.
Two days folks. Two days.
I tried reaching out to you at your email address. What's up?
Another really interesting article for those who want to read more about what the AT&T and T-mobile merger will mean for seamless wifi calling:
http://blogs.forbes.com/elizabethwoyke/2011/05/11/what-the-attt-mobile-merger-could-mean-for-wi-fi-calling/
We've posted about this in the past and it appears that Kineto wireless is infringing on our patent technology. Another to add to the list.
No problem... I tend to keep an eye on the technical discussions on here since that is my bag.
Glad to answer any questions that folks have regarding the technology or the industry movement surrounding it.
Have folks seen this article regarding Microsoft's potential purchase of Nokia's mobile business unit?
http://www.tomshardware.com/news/Nokia-Microsoft-Purchase-Acquire-Talks,12757.html
We may see interest in our patent technology from Microsoft. We have worked with them in the past (allegidly) from a PR several years back that Patin put out.
This is what t-mobile is doing now that is not infringing on our patent:
http://www.engadget.com/2010/09/26/t-mobile-to-bundle-wi-fi-calling-app-with-future-android-devices/
This is what t-mobile was caught doing that does infringe on our patent:
http://mobile.engadget.com/2007/06/27/hands-on-with-t-mobile-hotspot-home/
http://www.mobileinternetsolutions.com/wordpress/2010/12/cisco-t-mobile-team-up-for-wi-fi-calling-for-business-system/
WiFi calling is not the same as seamless handoff between public and private licensed spectrums.
Anyone can make a VOIP call over WiFi without infringing on our patent. The fact that T-Mobile is now offering wifi calling on all of their phones is not a problem for the current lawsuit.
This is a means of offering clients a value-add while saving bandwidth on their cell towers, but it does not represent the holy-grail of ASNAP.
ASNAP allows you to seamlessly switch between cellular and wifi and back again WITHOUT dropping the call. The software continually monitors signal strength and availability of connectivity options and then switches between them, billing you at a different rate depending on your method of connecting.
AT&T is interested in both our patent and T-mobile's extensive WiFi hotspot network in many of the regional markets that they are currently struggling in. Acquiring both would be huge for them.
Who are the major shareholders?
In the surveys I posted at the turn of the year, i came up with about 14 million in shares on this board.
If we were to mount some kind of effort, does anyone have a list of prominent shareholders?
I agree wholeheartidly. I am checked out on the whole 9k turinni debate... it doesn't even matter... I was just trying to discuss the other side of the coin... what matters is we have an oral hearing next week that has the potential to drastically influence the history of this case.
What also matters is that last time around, Markle clearly took the high road to continue discussions with Daic and Co. and that didn't work out. I am sitting on the edge of my seat waiting to see how the Judge is giong to handle this one.
This is the history of things as I recall. I'm really not sure where DSU is coming from with all his Turinni bashing lately.
From what I remember, Turinni worked his butt off to try and drum up some deals and at every turn Patin, Daic and Daic's puppet wife interfeered.
Woah... So you are suggesting that Turinni hired a reputable lawfirm just to recommend that he sign the 8ks so he could take over the company for his own self interests?!?
What evidence do you have to support this accusation?
You also conveniently side stepped the other part of my question:
"What would be your take on things if it came to surface that the only reason Turinni signed the 8k was that everyone on the BOD and in leadership agreed on the fact that he should"
Lets not forget that Dave is very much involved in this whole thing. Knowing Dave, I HIGHLY doubt that he would just sit at the sidelines and allow such a thing to occur.
What would be your take on things if it came to surface that the only reason Turinni signed the 8k was that everyone agreed on the fact that he should since he is the CEO and President, or there was a recommendation that all future 8ks be signed by him from the new law firm they hired?
How would this change your perspective?
Lets talk about something else shall we? How about Microsoft pending buyout of Skype for a cool 7 billion? Tell me they are not trying to position their mobile platform for VOIP integration a la Google Voice...
This is going to be an interesting couple of months. This technology is in the birth canal right now. Anyone else have any other industry news we can talk about?
What are you talking about? Who here on the forums said anything about Daic and Turinni signing the 8k being the same thing?
I think if Daic signed the 8k we'd all be flipping out.
Turinni is the acting CEO and President and there is nothing unusual about him signing the 8k, regardless of what ever past "evidence" you are citing.
The most recent 8k is clearly a positive event. With forward looking statements that suggest substantial future business dealings.
Turinni and Dave worked together to put Daic on the ropes with a cease order. The settlement that they offered him was beautiful. Turinni has been instrumental in trying to negotiate with T-mobile on multiple occassions and was involved with the accacia deal for 5million - all which were shot down by Daic and his cronies.
Lets also not forget that these folks have other businesses and responsibilities and are working for FREE!! Sure if things materialize there will be future rewards, but right now this is the best we've looked - ever.
What I see going on here is a massive effort to spin positive news in an attempt to "educate", while driving the share price down to load up.
Where does your whole Turinni argument go if the only reason he signed the 8k was because everyone collectively agreed that since he was the acting President and CEO that he should sign in? What if it was a concensus that took all of 8 seconds to decide by the folks in current leadership?
So I looked at the last dozen or so 8Ks and all of them were signed by Dave Williams. The last person before him was Patin, who at the time was President.
So now that Turinni is CEO, Chairman and President, what is unnaturual about the fact that he signed this 8k?
If the company is structuring themselves by apointing a CFO and hiring a secondary law firm to assist them with major upcomming business developments, doesn't it make the most sense for an 8k to come from the President rather than a board member?
I've read all your posts DSU and it just makes sense. I don't see it as a changing of the guard or some other deeply rooted conspiracy to further extort shareholders.
Turinni is one of the few folks still left in this company that has some technical prowess and has been around for the long haul. He is a major witness in the case against Daic and both he and Dave have been working closely together for years now.
I think if Turinni was up to something Dave would be the first to point it out.
I'm with cougar on this one too... his history of things is pretty much how I remember them as well.
Who signed the last several 8ks that we saw awhile back?
I think everyone is entitled to their own opinion. Downsideup has shared a lot of good DD over the years and I listen up when he shares stuff. I just didn't expect the tome of speculative posts attempting to spin what most of us interpretted as a positive 8k filing.
What all do folks have against Turinni anyhow? Everything I remember about his involvement with Calypso was positive.
Woah... I signed in this morning expecting to see some huge piece of news with over a page of posts. But honestly - this whole discussion is steming from who signed the 8k?!?!?!
The facts seem pretty clear to me - we made an arangement with a firm to help us through the huge changes that will undoubtably occur as soon as the state and federal cases are resolved - or perhaps before if we are acquired or a settlement occurs.
We obviously don't have any money so this agreement is probably on contingency. We apointed a CFO to handle paperwork and some of these decisiions. Someone who had experience already.
I have no beef with Turinni - I am surprised he stuck around as long as he did after the Daic and the old BOD had him removed illigally. He's gotta still be working for free - just like everyone else.
So why did he sign the 8k? Maybe he had some time to compile it and others didn't... who knows and who cares? I think you cannot draw all of these wild conclusions from this one thing.
I completely agree with this assessment of the current 8k.
This is excellent news and confirms some of my suspicions about the communcation white-out over the last month.
I am encouraged that Calypso is positioning themselves for what clearly seems to be a very lucrative future. Also worth considering is that may have secured this law firm to broker a potential acquisition by T-mobile, AT&T, Cisco or another party.
I think that Markle canceled the previous oral hearing because he was attempting to use his most recent filling as a bargaining tool and also didn't want to take the courts time if it could be resolved or settled. Judges tend to appreciate when attorney's do everything in their power to resolve these kinds of disputes out of court. It demonstrates respect. Markle seems like he is well respected.
The question I had was who requested the initial Oral hearing? It was either imposed by the court, requested by Markle or requested by Daic. I think it was requested by Daic.
What do other folks think?
I saw the .03 this morning. Has someone else spoke to Markle's office regarding the reason why the oral hearing was "passed" and why the case has been rescheduled again?
Has anyone gotten any email responses from the BOD / Calypso over the last two months?
Has anyone spoken to the Court to get additional information as to why the case was rescheduled to a new dockett? Especially since additional discovery and whatnot has been denied?
What a way to end a week... sigh... have a good weekend longs.
Christian as referenced on the court website is Markle's para-legal, not the same person you were thinking of.
No we are not sure that the reason it was cancelled is because they are settling. That conclusion is a possibility that I threw out there. I have no facts to back that up, but considering the prickly position Daic is now in, we would definately be negotiating from a position of strength as another poster pointed out.
I didn't intend to imply that I received any kind of information that would suggest that Daic and Calypso are settling. Meerly, Markle's law office felt that they didn't need to waste the court's time at this point to mediate a discussion regarding Markle's recent filing.
I have no further information other than the fact that today's hearing is canceled and who canceled it.
I did a little more research and found out that the hearing is indeed canceled for tomorrow and that Markle and Daic are going to try and work out the recent issues outside of the court- Specifically Markle's recent motion to strike.
If it cannot be resolved, they will seek a future hearing with the court to rule on it.
Could mean that Daic will settle - I guess we'll see very soon.
I was curious about that too. I called the court and they said that Markle passed on the Oral hearing tomorrow and that it was no longer going to happen.
I am not sure what that means exactly.
Someone else with more legal experience than I is welcome to call the court and clarify, however that's what I came away with.
I've done my share of due diligence as well and haven't been able to get anything out of either side, the court, the lawyers, nothing on the Internet. Everyone is mum.
I personally think that this is an indicating that there is a settlement already drafted and folks are just waiting for the resolution of the state case, but who knows.
My apologies. Back in September of 2010, T-mobile and Calypso announced that they were suspending the federal patent infringement trial to discuss settlement talks. The Judge gave them 90 days which was up at the end of December. There has not been a single peep about it since then - from the court or either parties in the form of any filing or movement.
Many here have speculated that both parties have agreed to stay the case while the state case with Drago is resolved and that the Judge granted a verbal blessing on this route.
Regardless, whenever the state case is resolved with Drago, I suspect that Calypso will be re-valued and that T-mobile and Calypso would move towards a settlement / licensing agreement. This would also be in the best interest of AT&T who may be acquiring T-mobile pending a year long approval process by the feds.
I agree that this is a significant movement in the state court case. We've had some big changes with stock in general over the last year. The settlement announcement with T-mobile was also quite significant as well.
The gravity of this Friday's decision is massive. If the Judge rules to throw all of Daic's witnesses and responses out, they might as well just settle. If the Judges rules to allow them, we might as well start looking for another courtroom.
Seriously. Just a few more days and we'll find out how this one is going to lay. This case has the exceptional ability to put me on the edge of my seat.
Has anyone here invested in another stock with the same kinda drama that this one has displayed over the years?
I love how Markle also included a Proposed Order to make it very clear that the court would be in serious jeopardy of not granting the motion.
This is awesome. Just awesome - I recommend that everyone log into the state court website and read it for themselves. This could potentially be HUGE for the case in favor of Calypso.
What would Daic and Co have left? What did they file in time?
hahaha seriously... especially considering that they demanded an expedited trial and tried to rush Calypso to the courtroom.
Yeah Markle definately got Daic and Co. to reveal some cards and back themselves into a corner in their response to his filling. Bet they didn't see that one comming. I laughed audibly when I read the following part of Daic and Co.'s response:
1. Plaintiff asks this Court to excuse its inadquate and admittedly late designation of Spencer G. Markle to testify regarding attorneys' fees in this breach of contract case. It's only excuse - oops - we didn't get a new lawyer until after we already missed the deadline. That is not good cause and it does not excuse the inadquate and late designation.
I mean really. Not even a professional courtesy to allow Markle to testify about his own legal fees after joining the case only 3 days before the filling deadline?!?! Man this is rich. Then they pound home the fact that the court noted that there was not to be any contininuance of a deadlines.
If the Judge doesn't throw out all of Daic's witnesses I will be dumb-struck.
Yeah I am not worried about Markle. He's a sharp tack. I wouldn't be suprprised if he filed himself as an expert witness knowing full well that Daic's lawyers would protest paving the way for his own 500 lb bombshell.
Who cares if Markle can't testify about his own attourney fees. It isn't like Calypso is going to leave him out to dry and not pay him if he gets a massive judgement.
Slick... very slick... I like this Markle fella.
I just got done reading all the latest docs on the state court case. I'd be pissed if I was Markle. There is no reason under the sun that the court shouldn't allow Markle to testify about his Attourney Fees. Daic's lawyers really slipped up here. People need to choose their battles. And I have a feeling that this is going to be very costly for Daic and Co.
The Judge would essentially be rulling against himself if he allowed any of Daic's witnesses that were filed after the deadline.
Another plot twist...
It certainly will be interesting. The Judge would have a really hard time proving that he wasn't prejidice if he allowed Diacs witnesses and disallowed Markle.
We really need to make a movie or something out of this drama once it is all over.