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Who here has his contact information?
Then who here on the board has enough factual information about the apparent coziness between the judge and Daic to lodge a protest? Waiting years for the trial and then blowing it because of such an apparent conflict of interest would make heads explode.
My friend is a well experienced, nationally published reporter. He has been watching this court's apparent prejudice against CLYW with ever greater interest. We'll see what he decides after the trial.
Am I incorrect in saying that all the pre-trial motions have been given in favor of Daic and against CLYW?
Translation?
"I want a GUILTY VERDICT and DAMAGE AWARDS."
Then you will be disappointed. These are civil trials, in which the defendant can be judged at fault and damages awarded, but there is no "guilty" judgment.
A review of CLYW's articles of incorporation reveals that the BOD has no duty to inform the shareholders about anything, nor to hold regular meetings with the stockholders/owners. This is very odd as most companies' papers include that requirement. The articles for CLYW also make it very easy to change the BOD.
Apparently, CLYW was created from another corporation in 1985, and it was done in a manner to ensure secrecy toward both the public and the shareholders. That's unfortunate, but let's be honest: how many of us read the articles of incorporation before we bought in? CLYW is a corporation created to work fast and lose, as the BOD wanted. Yet, 200 million shares remain outstanding. Clearly, most owners believe the long-term reward is worth it. That Daic has been allowed to raise so much hell is the real scandal. Another is how the company has been allowed to write endless, contradictory deals with no stockholder input. The state and federal cases are important, of course, but from my reading of CLYW history, past bums who tried to destroy the company for their own profit are staring at felony convictions down the road. No wonder they'd do anything to throw their shoes into the machine.
"I still can't believe some people on this board have been in the stock for years. "
1. Bought high and refuse to sell at a huge loss.
2. Bought low and have little to lose and much to gain by holding on.
"Its my opinion that the board doesn't need to waste money that we don't have on a press release that amounts to hand holding."
Really? How many tens of thousands of dollars would an email cost? I receive these regularly -- complete with good graphics and stats -- from the other penny stocks I own.
The BOD is in contempt of the shareholders. The excuse from December that things are "hot and heavy" doesn't cut it. Unsatisfactory that a now 190 day stay in federal court from the original 90 days has remained secret.
Careful... if anyone starts posting real, actual, verifiable information on this board, who knows what terrible events might occur!?
8*)
I dunno. The AT&T news caused the pps to leap up a whole six percent!
Ah... but you forget the magical "Hypothetically speaking..."
With all the people that read this board I find it hard to believe that there is not at least one lawyer who knows what to expect as our case weaves its way through mergers and the courts. Perhaps they are keeping that information to themselves for their own financial reasons.
Effect on the stock price this AM... none. Looks like no one knows what the hell is going to happen.
Disagree. I think this will speed events, not delay them.
Yes, thanks. I sometimes get my enormous multi-billion companies confused... 8*)
No. Verizon inherits all lawsuits pending against TM.
No. AT&T inherits any lawsuits againt TM. They just don't disappear.
This could have been in the works for months. Might explain the apparent disappearance of the T-B stay with CLYW. Or not.
We would need a copy of CLYW's incorporation papers, as amended, to determine shareholders' rights.
This means that the Daics are cozy with at least two Texas judges. Smells bad.
"...Holcombe's implausible route to prison was traced by Sears and the mutual friend, Kathy Daic of Houston, in a recent conference call..."
This stinks.
Patent stealing is nothing new.
http://navlog.org/patent_1.html
Unfortunately, we've seen multiple repetition of people artificially holding-down the PPS. I don't see any reason that won't continue until we have some news regarding the trial(s).
?? The bid and ask or well below .10.
Depositions of the defendant are the property of the plaintiff. The BOD will decide whether to make it public after the trial concludes.
"Rather than viewing VoIP technology as an alternative to standard telephony equipment and infrastructure, Joe Thompson, founder of Bear Creek Technologies, envisioned a paradigm in which VoIP would cooperate with existing standard telephony equipment and with the switching and trunking infrastructure already in place. Joe Thompson applied for a patent in early 1996 to memorialize these novel ideas during a time when telephone companies were spending millions of dollars each year managing and deploying telephone trunking and PSTN infrastructure. The patent is owned by Bear Creek Technologies, which has brought this lawsuit to protect its intellectual property rights."
1996? and the infringement case is just being filed now? There has to be more to this.
In the absense of any news, stock is likely to hover around .075.
I recently changed brokers. I tried to transfer my CLYW stock to the new broker. The new broker called back and said because CLYW is not paying its annual tansfer insurance, no CLYW stock may be transfered between brokers or securities houses.
8*(
In the wake of the court delay to June, looks like the new pps will be .07 - .08.
Pattin appears to have been relocated to the penal colony on P3X-414 by the Asgard...
Nope. A warm February week is within accepted variance of well-known weather models. Such events are known not to change accepted historical models that predict returning cold in February and March. Similarly, extended stays for legal action are also known to suggest setlements.
Nope. The very fact that the TM stay is now five months old strongly suggests that TM really, really wants to deal with CLYW and that the federal judge has been so informed.
One notes that today we have multiple buys of 1xx shares; code 100 says "I need shares."
The more dumpers that join this message board, the better I feel. There is no reason for more people to scream 'dump' unless they are trying to drive-down the price so they can buy low. If one is not invested in CLYW, why hit this board with screeches to "sell now!" unless you want in now or unless you sold low and cognative dissonace is driving you crazy?
Cognitive Dissonance
This is the feeling of uncomfortable tension which comes from holding two conflicting thoughts in the mind at the same time.
Dissonance increases with:
The importance of the subject to us.
How strongly the dissonant thoughts conflict.
Our inability to rationalize and explain away the conflict.
Dissonance is often strong when we believe something about ourselves and then do something against that belief. If I believe I am good but do something bad, then the discomfort I feel as a result is cognitive dissonance.
Cognitive dissonance is a very powerful motivator which will often lead us to change one or other of the conflicting belief or action. The discomfort often feels like a tension between the two opposing thoughts. To release the tension we can take one of three actions:
Change our behavior.
Justify our behavior by changing the conflicting cognition.
Justify our behavior by adding new cognitions.
Dissonance is most powerful when it is about our self-image. Feelings of foolishness, immorality and so on (including internal projections during decision-making) are dissonance in action.
If an action has been completed and cannot be undone, then the after-the-fact dissonance compels us to change our beliefs. If beliefs are moved, then the dissonance appears during decision-making, forcing us to take actions we would not have taken before.
From "Flight of the Phoenix" (1966)
CAVENDISH: (The Courts) move in mysterious ways. Like God, but not nearly so generous.
Thank you for your rational, insightfull, and knowledgable critique of how the Texas courts work.
... and one also notes that after the initial panic of some today, the stock turned around and kept climbing until today's close. Doom? LOL! I am almost certain that the case was resceduled to allow time for Daic to settle. All lowering the pps does is takes millions of dollars out of his own pocket.
DE Wine was also involved in the Boston Dtox/Detox International fraud which remains unresolved despite an SEC investigation...