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What is suspended? The oral argument before the court in February?
If our case is remanded to the lower court for a jury trial, it's not that simple a win. In my observations of trials, the defendant will seek to become the victim in the eyes of the jury. That works for defendants more often than you'd assume. "Calypso tricked us." "Calypso never intended to let us use the technology without paying a ridiculous fee." "Calypso has dragged its feet for years over this in an attempt to wear us down." "Calypso is trying to steal from us after we were the ones to actually create the physical technology to use the patent." Etc. Jury trials are mine fields and the average juror resents having to sit on a jury in a civil case. Their decisions are sometimes irrational.
It's on Fix Calypsowireless on Facebook.
There is no indication that the receiver has any interest in advancing CLYW. This is in apparent violation of the judge's order to maximize the value of the stock for the benefit of we investors. It is all slipping away.
When I talked to the Receiver he said he'll be glad to answer direct questions but will not post anything publicly. He said he has no schedule of the time frame for the appeal to be heard but suspects late 2013/early 2014.
CLYW cannot be relisted without current financials and all SEC forms completed. Lots of luck.
Seventeen years after it was granted.
2014.
Fix Calypso on Facebook is also very informative.
We have never before had a jury trial because the Board of Crooks and the Company Pirates never had any intention of sharing any money with stockholders. This was a criminal enterprise from the beginning that somehow managed to acquire a patent worth tens of billions of dollars. The BOC was like a dog chasing a car and suddenly catching it. Now what?? Well, certainly not share it with anyone. Somehow get the people inside to throw you steaks until you are full and then let them go. The secret deals between the BOC and Diac and others is a future business school case study. Also a law school case study. Daic, whatever else he may be, is neither stupid nor short-sighted. He knows he is sitting on potentially billions of dollars. Yes, it is horrifying that after all this time and after all the money sunk into CLYW by us stockholders and after all the lies and likely criminal acts committed by the BOC that it now comes down to this one appeal. But fortunes have been won and lost on such small pivot points in history. A relative, the inventor of the modern portable air conditioner, never got a dime after it was stolen by a big corporation.
Latest filings.
06/06/2013 19 Certificate of Compliance with Fed. Cir. R. 11(d) (Trial Court) for Appellee T-Mobile USA, Inc.. Service: 06/06/2013 by email. [84804]
06/06/2013 20 Certificate of Compliance With Federal Ciircuit Rule 11(d) for Appellants Calypso Wireless, Inc., Drago Daic and Jimmy Williamson, P.C.. Service: 06/06/2013 by email. [84809]
BFLS also has a number of short-term loans (notes) that were due in 2010. You may disregard any stock activity until BFLS pays-back these notes.
The date was June 6. Nothing yet on PACER.
BFLS has 32,440,000 shares outstanding with 100M authorized. You may disregard any stock price activity involving less than 100,000 shares.
Executive orders are limited to the Executive Branch of government. Patent law falls under the jurisdiction of Congress. He'll have to pass this through Congress where it will instantly be DOA.
What happened to the guy who posted here an offer to buy a million shares for $1/share?
Someone is propping-up the price with small buys. Too bad it means nothing until real quantities are bought.
Possibly. Or it could be simple manipulation.
This seems to describe an unknown technology promising to do what our patent already does. This may even be our patent being used without paying us anything. Why not? No one has yet paid us anything and won't until we win our appeal. Of course, this suggests that the big companies and the government are in cahoots to deny us a dime and make us go away. Makes Daic a loser, too.
And just how does an illegal vote at an illegal meeting change anything before the court?
Daic is in control of funding the appeal as he may make as much as several billion dollars if we win. That's called "incentive." He is NOT in control of the receivership judge who shall ensure "that we owners get the most money possible for our shares" based upon winning against TM. In the absence of the Board of Crooks it would be a mistake to assume Daic can again somehow get a redacted but supernaturally great deal from our company. For that matter, Turrini's fleeing to a non-extradition nation suggests that the former company officers may have a great deal to worry about, Daic included.
The "rotten judiciary" meme is overdone. I remember reading a scifi story years ago about a Museum of Suppressed Inventions. You know, a pill that changes water to 100 octane gasoline. A small box that, attached to a belt, allows a person to fly like a bird. Time machines. Spaceships powered by cosmic rays. It seems more likely that bad judicial decisions are the result of ignorant, stupid, lazy judges than mendacity. What the Texas court did to us is more likely the result of a defendant with a gazillion dollars and judges in way over their heads and desperately wanting this case to go away. For if we win, all bets are off in the entire telecomm industry, with decades of continuing suits and perhaps a trillion dollars finally at stake.
Daic's ability to shut us out is greatly diminished by the Court running things now, not the BOC. The judge who put us into receivership seems like a no-nonsense guy as opposed to the characters in Texas that first rewrote our patent and then claimed there was no point in a trial since no sane juror could find in our favor.
When someone can drop the value of the stock 30% by selling 300 shares, the share price has no real value.
>>But I have no doubt that if Diac & parties can figure out a way to jettison us and get money for themselves in the process - they will do it.
And just how, pray tell, will this be accomplished?
Who is trying to manipulate the stock price? Or is it about to take off?
Can an FOIA request obtain the details of the redacted CLYW settlements and agreements?
Open question: What has Gentile done in the past 15 months to obey the judge's order to maximize the value of the patent for the shareholders?
You mean the Christian Turrini who fled to Paraguay, which does not have an extradition treaty with the U.S.?
Daic and CLYW have filed an appeal of the Texas Massacre in federal appeals court. The next event is a filing due in June as the case proceeds.
Blast from the past re. Turrini.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79334276
Can someone explain to me what the "President of the board of shareholders" is?
I agree Dave Williams saved us. The slander of his being responsible for our delisting is just that. The SEC delisted us -- not Williams -- because our books were six years in arrears. How could that be? Oh. Because the Board of Crooks worked to destroy the company as they stole the patent. All those REDACTED secret settlement deals done in the past. As for the stock currently being worth par as opposed to pennies, well, there would be no pennies involved. By now, without receivership, the patent would be gone into the pockets of the pirates that had been running the company and the company shell left to rot. One irony is that if we owners had spent an extra 10% of what we have invested on private law suits against current and former officers we would probably have saved the company, had all the redacted agreements un-redacted, and still be a listed company.
Interesting. How do you think Diac will cut us out of any TM win?
.15? LOL! Before receivership we were at .018, heading towards .00, with the BOC stealing as much as fast as they could through redacted agreements.
I don't understand your reasoning. Just how much better would we be by now if Williams had not forced receivership? The Board of Crooks would still be making secret deals (look at the most recent one -- it's all "redacted" to keep us from knowing any details) with Daic and other favored characters to give-away the company. Why do you think Turrini suddenly got an overwhelming urge to flee to Paraguay to become manager of a 5KW station in the jungle, in a country which usually refuses to extradite alleged criminals to the U.S.? The management of CLYW was hopelessly corrupt and arguably criminal. Williams at least got things moving again.
Disagree. The odds of winning Powerball are 1 in 176 million. Our odds of winning CLYW are far better.
Yes. Three lawyers are identified on the appeal as representing CLYW.
Disagree.
Have a nice evening.
Wow! With 200m shares, that would mean... several pennies a share!
And just how would that have led to the rest lining up to throw money at us?
Ah. Thanks. It would have been far better to allow Turin and the rest of the board of crooks to steal the patent a piece at a time. Thanks for clearing that up.
Get off Williams, will you?