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December 26 is the drop-dead date per the court docket. I suspect -- suspect -- that if on December 19 Turrini and His Merry Band of Outlaws promise delivery within the following 72 hours, the court might allow it. Might. December 16 has been mentioned as some other sort of important date. Don't know what.
What bullcrap. Turrini does not need "attorney approval" to show the alleged settlement that has not been filed with the court. More bluffing.
Because I had had hope for the Houston meeting. Live and learn. I seem to be the only one on this board yelling that without the special double secret probation vaporous alleged settlement filed with and accepted by the court, there IS no settlement. Nothing has been filed. The patent is still listed as belonging to Daic. Thus, in just over 11 more days, all things remaining equal, Daic wins and gets everything from the court, "signed settlement" or not. The rest of these thousands of posts are valueless. And yes, I voted my many shares for Williams.
I'll say.
Post 51169.
>>It was clear from some of the documents that Diac gave the company additional loans for operating expenses that were secured by the patent.
Help me out here. How could he use the patent as collateral when its ownership has not been determined until the new, double probation secret vaporous settlement just re-announced for the fourth time? Who would enter into such a loan agreement?
Documentation, please.
ALLEGED crime. That's your contention. And please ... no 3,000 word post full of CAPS reaming me out. Enough, already.
Misstroke. Sorry.
Then, may I ask, who is forcing you to post here?
They refuse to release the settlement, let alone actually file it with the court. They are bums. Vote accordingly.
"In war, truth is the first casualty."
More reasons to vote against management.
If I may summarize your contention: the settlement is just awful for shareholders and that is why Turrini refuses to release it until after the Williams vote. Yes? Then, one more reason to vote to keep Williams.
Oh, really? You have inside info on how the voting is going? Congratulations. You have admitted to being a party to a felony.
Posting here that CLYW cannot be traded while on the grays is untrue and a disservice to board members and shareholders. A number of us have traded during the past month. Claiming that this is some sort of unlawful transaction is a lie. Stocks traded that appear on investors' official brokerage statements are solid. Enough. This is not to say that being back on the pinks wouldn't be 10X better.
Wow! That means the shares I THOUGHT I had bought through Scottrade -- and show-up on my broker statement -- exist only in The Twilight Zone!
Trading has not been suspended. I bought through Scottrade as recently as last week. This puts the rest of your post into doubt, doesn't it?
Short version:
Four PRs in four months trumpeting the "settlement." PPS down from .11 to .0375. You be the judge of Turrini's value and marketability.
Oops. PPS now down to .03.
All they have to do is file the settlement with the court. They can keep it sealed for now but they have to file it. That they won't tells us more than we want to know. At least if Williams stays I retain some hope.
They refused to answer the last meeting. Why would they change now?
I, too, deeply hope there is an agreement and that it will be filed with the court and then CLYW pps can go up into the dollars and my wife and I can retire. I just don't trust "management."
If you doubt that management would answer any questions face to face, do you really want to keep that management?
Tally on Fix Calypsowireless is running about 2-1 for Williams.
Very nicely reasoned. Thank you. And once again, with the "settlement" not filed with the court, Daic wins by default on 26 December.
If the intent of the BOD were the continued suppression of the patent for their own personal gain, then what they have done since 2009 makes good sense. You decide. No settlement filed with court, vote for Williams.
>>Settlement looks great. Now time to rid ourselves from Dave and away we go.
Really? Which settlement is that? You mean you've seen the double secret probation signed settlement that the BOD refuses to show us or the court? Bravo! Please post. The pps says no one believes it.
I'm all eyes.
>>they would be utter fools to use a direct quote from Drago if there were no settlement!
... must not laugh... must not laugh...
No settlement filed and accepted by the judge.
You forget that Williams can put the company into receivership. That would certainly get rid of Turrini and Pierce. It would also open the door to criminal prosecution of both.
Keep yucking it up. Ten more working days until the judge rules in favor of Daic.
No, but I do believe the Cardassians are involved...
What part of "have been lied to since 2004" don't you understand?
Smell the coffee. No settlement accepted by court, Williams stays.
They ARE, however, filed with the court when the court has demanded it. Nothing has been filed. December 26 is eleven (11) working days away after three years.
Please read previous posted court order (didn't you?). No settlement filed by 19 December, Daic wins by default. No patent, $170M default judgment stands.
Thank you!
Good try. All nonsense, of course.
The short answer is: without the settlement acknowledged by the court (being filed), there IS no settlement and the court awards Daic everything on 26 December (look it up). How's that?
Just copied this.
Fix Calypsowireless
Very strange. We posted earlier today and received a number of comments ... and then the entire update disappeared. If this happens again we will know that Facebook deletes posts it doesn't like. Why would they be involved with CLYW? We suggest that anyone reading this page archive whatever they read in the event that Facebook is dealing dishonestly with us and you.
To summarize, we learned that there is growing concern that the "vote" next week -- which may indeed be unlawful on its face -- is being dangled in front of shareholders as a way to get to see the alleged "settlement" with Mr. Daic. We understood that any settlement is void without first being accepted by the court in closing-out the suit against Mr. Daic and his interests. Without the "settlement" being filed publicly with the court, on December 26, the court docket calls for Mr. Daic to be named the winner in the suit, with the $170M judgment against CLYW and loss of the patent to him to be the result. The CLYW "management" -- and we use that term advisedly -- has four times claimed that there was a "settlement" that ended the suit, with CLYW regaining the patent and the judgment voided. However, not one word has been filed with the court, nor has the patent been reassigned to CLYW per the USPTO.
We have to conclude that, in the absence of one bit of documentation beyond the four bogus PRs, that Mr. Turrini and Ms. Pierce are lying about this and are using this device to try and sway the vote scheduled for December 14-15. In the absence of any verifiable claims, we urge shareholders to vote to retain Mr. Williams on the board.
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* see message 51615. There IS NO settlement filed with the court and Daic gets it all on 26 December unless there is a filing *
Very strange. There were several updates today on Fix Calypsowireless. Looks like Facebook took them down! Is Daic connected to Facebook?