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I'm sorry they've made a fool of you. Of course, to a lesser degree, they've made fools of all of us. If I were able to, I'd petition the court to seize Turrini's passport.
Assuming your assertion is true, it still leaves the board a bunch of pirates who give the finger to we owners, lie to us, and then laugh at us.
Me, too.
Frankly, we're to blame. Over the past years of agony, we did not band together and sue to oust the BOD or get an injunction. Williams did and now he holds the immediate future of the company. We can vote to maintain the deadlock or vote to have Williams put the company into receivership. Choose.
You can buy and sell CLYW through Scottrade.
Don't overlook all the dark shares that make it impossible to oust Turrini and his friends. I'm still waiting for the company to provide the list of all shareholders the law requires before the Williams vote can be taken. /S
Google links to many suits by shareholders against bad management in other companies. A primer for CLYW?
Optimist.
Let the Great Littonasky make a prediction.
Williams will be voted off.
There will be no settlement, or one so stinky that shareholders will riot.
Williams puts the company into receivership.
It takes 20 longshoremen to pull Turrini and Pierce out of their offices after they're fired by the court.
Daic claims the patents.
The receiver puts the patents up for auction.
Daic files suit to stop the auction. Suit dismissed, after a great delay.
Shareholders' great-great-great grandchildren get some money from the auction in the 23rd century. Several go on to serve aboard the starship Enterprise. Calypso Wireless is taught as a cautionary tale in finance class at Starfleet Academy.
Daic's great-great-great-great grandchildren join the Cardassian Empire, vowing revenge. Calypso winds up being the cause of the Great Federation-Cardassian War of the early 24th century. Kids on Earth go trick-or-treating on Halloween dressed as Daic, Turrini, and Pierce.
>>The company is required according to it's bylaws to provide shareholders with a list of everyone that is entitled to vote at the meeting, their address or place of business and the number of shares held. They are required to provide in the notice of the meeting where this list is held and under what conditions it is to be made available. This was not listed in the notice so I have contacted the company officers and requested a copy.
HAHAHAHAHAHAHAHAHAHAHA! *wipes eyes* HAHAHAHAHAHAHAHAHAHAHA!
You can buy CLYW through Scottrade. I just did.
This pretty much determines how to vote. The lawyers quit because of threats from Williams.
>>The Buchalter Nemer filing
Link, please, or post it here for the rest of us.
This strongly suggests the BOD believes it is immune from civil and criminal prosecution. I wonder how that could be.
Depends upon how you define "amazing news."
"We have stolen all the company's money, made a separate deal with Daic to receive an annuity for life, given-away all the assets, hired a hit man for Williams, and are suing the stockholders.
Best from Zurich -
Cristian"
It was meant as a joke. There is nothing at the official, new and improved, CLYW website. They are professional liars.
The CLYW website has been updated by Turrini with new, important information regarding the settlement, the SEC delisting, and the December 15 vote!
http://navlog.org/marsh.wav
*sniff* *sniff*
Is that the smell of ... pants burning?
Another 2 cents from me.
The BOD is holding an election to oust Dave Williams. Many people have yet to even recieve their proxies. The BOD swears it has a "settlement" dripping with money... and just waiting for Dave to get the boot after two months of more lying about it. The official company website sham (sorry, SH, you were conned) has zero information about it or anything else. The BOD has promised at least three times that the settlement is done, yet have not once given us even a shred of detail or proof. They lied to us and the SEC, which is already not too fond of our company. They have also been caught in a web of lies and evasions going back seven years of patent suppression.
Now, this Clown Posse demands that Williams be booted so that the company can "go forward." As the kids say, "D'UH!" Why would _anyone_ believe a single thing they say, or vote to enable them to do what they want -- take every penny of a poisoned settlement for themselves and leave the empty shell of CLYW to rot? I feel it likely that they will also continue to receive an annuity from Daic and the others that successfully locked-up the patent.
The ghosts of DE Wine and Boston Dtox hover over this side show...
What is "enough money"?
You hold 1.3% of the stock. The BOD controls the vast majority of the 200M shares (including the dark shares). They are too cowardly to simply remove Williams by shareholder written agreement, as that would require them to admit in writing who specifically owns how many shares. So the Dec 15 farce.
Your vote will make no difference. Williams will be removed pending court intervention. He is then likely to place the company in receivership while his suit goes forward. I would. We must plan for what we do next.
>>What I agree with Cougar6 about... is that my rights will be respected, because I will insist that they are respected.
How, please? When? How much?
Perhaps Cougar6 can explain how we can get an injunction to stop any fraudulent "settlement," or stop the Dec 15 vote to begin with.
I still haven't received my proxy from Southwest Securities.
The back $$ "owed" the BOD is surely in the millions.
Four crooks X 8 years = 32 crook years.
Average crook year salary: $300K = $9,600,000. That's before "expenses," CODB, and legal fees...
Any agreement or settlement of less than $20M will simply disappear into their bank accounts. Plus, we are likely to lose the patent.
We cannot afford to let this happen.
Duncan "DE" Wine has disappeared since the Boston Dtox/Detox International fraud was exposed, as has his brother, Douglas. Would be interesting to see what they are about to be paid as this saga runs to its conclusion.
"Dark shares" are those that are in some way controlled by Turrini and his allies. They may not be registered to Turrini, et al, but they are controlled by him through straw buyers, trusts, fraud, family members, or friends. I estimate those number 105 million. Then, Turrini, Daic, and several others have in their names about 60M shares. Game, set, match. There is no other way to explain why the owners of 105M shares have been completely silent about what has been going on. Real owners would have been screaming from the hilltops, as we "little people" on this board have.
With c. 105M "dark" shares, plus their own declared 60M shares (I'm including Daic's shares) they can't lose. Rigged is the word. The word for the proxy is probably "unlawful."
I am Jewish. I support Judaism. George Soros is Jewish. I find Soros a contemptible scumbag who has violated every Jewish belief for his own profit. Just saying.
Not quite. If Williams is tossed by the dark shares controlled by the Turrini people, I expect Williams to have the company put into receivership. This will toss-out the BOD and have the patents sold at auction. I am coming to think this is the best solution when considering that CLYW is now being run by gangsters. The ex-BOD will, of course, try to take every cent of the auction money for themselves. It will then be up to us owners to stop them.
Yeah... and just who will oversee the tallying of the ballots/votes?
FCC in uncharted terrain on AT&T-T-Mobile
Faced with an unprecedented turn of events, the Federal Communications Commission must figure out how to handle the AT&T/T-Mobile deal now that the companies have asked to withdraw their applications from the agency.
AT&T and T-Mobile owner Deutsche Telekom asked the FCC on Wednesday night to dismiss their merger applications without prejudice, which means the companies would be free to refile an amended application at any time. The companies made clear that they plan to continue to fight to win approval from the Justice Department, either at trial or through a settlement.
FCC officials have three options:
• They can allow AT&T and Deutsche Telekom to withdraw the applications without prejudice, meaning the companies could refile at any time.
• They can allow the proceeding to end with prejudice. In that case, the companies would not be able to resubmit their applications later.
• They can go forward with its process to send the case to an administrative law judge and deny the companies’ request.
The FCC has never faced this situation in a merger proceeding. The last time the FCC chose to send a merger proceeding to an administrative hearing was in 2002 when EchoStar and DirecTV tried to merge. The companies ended up dropping the deal entirely.
The request to withdraw the merger application from the FCC came a day after Chairman Julius Genachowski asked the three other commissioners to vote to designate the mega-deal to an administrative hearing, a rare move on the FCC’s part to try to block the deal. An administrative hearing would draw out the review process for another year or more.
"The Commission today received a request from AT&T and Deutsche Telekom to withdraw their applications regarding AT&T's acquisition of T-Mobile,” said an FCC spokeswoman. “The Commission will consider that request."
The chairman’s office has circulated the hearing designation order to the other commissioners. A vote was expected in the next several days.
Read more: http://www.politico.com/news/stories/1111/69094.html#ixzz1ek5S36gu
Watched the Enron story "The Smartest Guys in the Room" last night. Eerie simularities.
Turrini, et al, have almost certainly been getting back door money for years, IMO. Might be from Daic; might not. But it's the only thing that makes sense when 85% of the stock is dark.
Turrini, et al, have been getting back door money for years, IMO. Might be from Daic; might not. But it's the only thing that makes sense when 85% of the stock is dark.
Good analysis. Just like previous D E Wine scams. Boston DTox had all investor money stolen, went out of business, reopened as Detox International run by the same band of crooks. Reported to SEC. SEC did *nothing.*
History is critical here, people. Cougar's analysis is, in my opinion, spot on. If Williams is ousted, the above will occur within months. If you are lucky, you'll see perhaps 2 cents a share; most likely, nothing, a la Boston DTox. Don't even get me started on Aegis/Biofuels Power Corp.
If he's ousted, receivership, or, CLYW simply disappears and suddenly there is CLYW International, with all CLYW shares worthless.
In summary:
1. The officers have almost certainly been unlawfully taking money from infringers to keep the patent locked-up/unusable. There is no other reasonable explanation. We know multiple companies have approached CLYW with licensing deals, all turned-down by the BOD.
2. The officers control c. 85% of the stock through blind trusts, straw owners, fraud, or some other means. That's why there has been total silence from the owners of tens of millions of shares while the company has been repeatedly raped. There is no other reasonable explanation.
3. Dave Williams is a hot-headed, self-righteous, anal-retentive guy who has been the only thing keeping the company going. I see no other way to vote but to keep him on the board. His ouster almost certainly means receivership and the end of the company. The patents disappear at auction.
4. Shareholders will be forced to file a class-action suit against the gangsters running the company. It's purely a pay me now or take a hike issue.
5. Life is unfair.
Let me make a prediction. The BOD will refuse to make public the list of voting stockholders, daring someone to go to court. If someone has the money and time to do so, it may take months and even years to get the list. With a criminal BOD, there is no ready solution. Receivership may be our only way out, esp. if the BOD has already rigged the vote to expel Williams.
>>get a lawyer.
Back to the same old problem. Have to hire a lawyer to force the BOD to act lawfully. How's that worked-out so far?