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Why is the market cap so low for a company with such great sales?
The chicken investors needs to scat and let the longs hold on and bring the market cap up to a realistic value of like 80M at least.
The value is so low compared to the reported sales.
Unbelievable growth since Jan of this year!
Price was like .0008 and now it is .017!
That is a 21.25 bagger in five months.
The growth is unreal and now an offer for more then .10 would make this company like Microsoft in investors growth.
Millionaires will be made if the sales price is based on the growth potential.
Right now a 6 bagger is a given .017 * 6 = .102
This .10 offer was rejected!!! The new investors do not believe the offer and the old investors are just cashing in on the run up as times are tough. I for one have added to my position today with the opportunistic dip and have more then doubled the shares to over one million (1,000,000).
I thank the sellers for the chance to even buy the stock at these prices and have read the bantering the past few days and know many loyal shareholders are trusting JH to deliver a great deal on Friday. What is amazing is that if the deal is not a sellout I think he will announce news that supports his reasons.
Major contracts overseas, new product, marketing dealerships, financing partners or whatever. The work that has been done to date has been extremely positive and there is no reason to start doubting the growth now. The only fair deal possible to give the shareholders the full benefit of the growth we are experiencing is to have a cash dividend and a partnership thereafter. The company will share the growth with the major national corp and allow shareholders to have a financial interest in the profits of the future growth in the partnership.
JMHO
Volume is increasing lately. Expect the price to follow with a pop as this is being held in a narrow trading band and is waiting to burst!
2009/05/12 0.017 54,148,712
2009/05/11 0.019 29,062,898
2009/05/08 0.018 25,050,844
2009/05/07 0.018 14,809,420
The 3 billion out does not include the note conversion shares that amount to 3 billion with another 3 billion with the next draw of 6 million!
There will be 9 billion!!!!!!!!
Can you at least read the note's conversion and understand the math?
500,000 per $1,000= .002 per share!!!
6 million /1,000 = 6,000 * 500,000 = 3 billion on the first draw
The company needs money and will draw the next 6 million and will most likely need more money after that also!
If the extra money comes from selling European rights then no more dilution but a smaller pie!
The whole company is so far diluted that it is pathetic to listen to the dumb hope of $1 a share statements.
9 billion shares with a reverse split of 1:100 coming and there is no chance the company will fight it.
The future has been mortgaged.
I could not resist the morning run up. Sold my million shares at 1.90. Had a 1.87 sell but the market moved so fast that I got the top.
Jumped on EESO. Hoping it will have a legit offer on the table soon.
GLTA
No opinion on the sales price being conditional?
Quota payments
Milestone payments on products
Goodwill valuation growth via the marketing network
Reasons for the esoteric offer should favor EESO's position for a price based on performance, unless the offer is too good to be true like $1 a share. Investing in pinkies demand a 10 bagger for the risks involved.
I think a shareholders' meeting should be called and a vote taken on any offers. Maybe this is not agreeable to many but the shareholders own the company. Is there something that I am missing?
Offers to sell out should be made public and the buyer should make his offer official with a PR but for strategic reasons they are unwilling to release a statement and went fishing with a .10 offer.
The response was obvious to management while the shareholders have lacked the courage to hold and trust management. This lack of courage is due to the tacit knowledge of the deal with no evidence but trust. This is not a religion but an investment and facts are required to make decisions. I find the lack of input by the shareholders troubling and wonder why they are so pacifist to date.
Please return some rights to the shareholders and let us in on the deal as many questions remain and doubts could cause ill feelings if this is not handled in a proper fashion according to the bylaws. No one has questioned the formality of the transaction and the legal consequences of not complying to the rules.
The Board of Directors should have a press release stating the news or some sort of statement regarding the wishes for a counter offer.
The future is very promising and the buyer does not want to pay for the momentum generated over the next two years. My opinion is that the buyout include a milestone based on product produced. The current shareholders could get additional money/shares during the next two years of operations if the production quotas are surpassed.
No definite sales price but a moving price. My wish is for the .10 a share with a bonus each year based on production goals via the marketing of EESO's products. This could be worth over a dollar a share going forward.
Can we petition Delaware to allow a proposal for a shareholders' meeting?
Can we proxy out votes to CT in order to show control and rid DD from the supposedly power position he has usurped.
Texas is not aware CLYW is doing business within its state as the company has never registered due to lack of money. Cost approximately $350!
Fines for opperating without a license can be very harsh.
Management is not worried about the situation as DD will not fork over any more money.
No more shares, no more money, no more belief in management.
Will there be a change?
Is it that hard to have a meeting outside in a park? Why does this meeting have to cost thousands of dollars?
No analysis of the needs to run the company was done, budget stuff you know.
No planning appears to have been planned except to bk the company.
Maybe we could dismiss WK and hire Acacia again. Get the money to payoff DD and get the company moving again.
Free Pass to use ASNAP?
Franklin Wireless and Beceem Introduce the World's First Dual-Mode 3G CDMA / 4G WiMAX USB Modem
SAN DIEGO & SANTA CLARA, Calif., Jan 22, 2009 (BUSINESS WIRE) -- Franklin Wireless, a leading developer of wireless broadband communications devices and applications, and Beceem Communications, a leading developer of Mobile WiMAX chips, have partnered to revolutionize the mobile broadband user experience with the introduction of the world's first dual-mode 3G CDMA/4G WiMAX USB Modem, the Franklin U300.
The U300 was commercially released by Sprint on December 17th 2008 and is the first USB modem that can be used on Sprint's existing 3G CDMA network and on Clearwire's 4G WiMAX network (Sprint release). The U300 incorporates Beceem's high-performance Mobile WiMAX chipset alongside an EVDO-Rev A chip and is available now at select Sprint retail locations.
"The availability of widespread network coverage is one of the most critical success factors for mobile broadband wireless adoption," according to Michael Thelander, CEO of Signals Research Group, LLC. "With Mobile WiMAX network coverage still in its early stages, the dual-mode Franklin USB modem with the Beceem WiMAX chip is a significant step towards accelerating the adoption of Mobile WiMAX."
The U300 modem gives customers true mobility by allowing them to move between CDMA and WiMAX networks with automatic handoffs between the two. U300 users will enjoy download speeds of up to 10 Mbps and upload speeds of up to 2 Mbps while on 4G WiMAX networks, and automatically connect to existing 3G EVDO networks when traveling outside of 4G network coverage.
"Our U300 USB modem ushers in a new era of high-speed mobile computing," said OC Kim, president of Franklin Wireless. "In developing this revolutionary product we came to truly appreciate the WiMAX expertise of the Beceem team and the performance of their chip, which we have been able to combine with our 3G product heritage to offer a 'best in class' product that provides users with the unprecedented data speeds afforded by 4G WiMAX networks while switching back to 3G whenever needed."
"Franklin is one of the most innovative and capable companies in the 3G and 4G mobile broadband modem business, and has recognized the tremendous potential for dual-mode modems early on," said Babu Mandava, CEO of Beceem. "Our first joint product will set the benchmark for dual-mode features and performance, and we look forward to working closely with Franklin to expand our leadership in the multi-mode product space."
About Franklin Wireless
Franklin Wireless Corp. (OTC BB:FKWL.OB - News) designs and markets high speed module and modem products for 3rd generation ("3G") and 4th generation ("4G") wireless broadband networks. www.franklinwireless.com
About Beceem Communications
Beceem is the leading provider of mobile WiMAX semiconductors with proven over-the-air data speeds exceeding 30 Mbps. Beceem offers a number of single chip solutions optimized for mobile devices and CPE markets that are fully qualified against the WiMAX base stations from all major OEMs. http://www.beceem.com
There are so many aspects of this company that are wrong, past and present that the list of them would cause a redwoodforrest to be cut down.
First this is a corporation with shareholders, not a private foundation as DD thinks.
RP is left with no money and a twisted DD is pulling his strings.
CT is boxed out with DD moves.
No shareholder meeting for years.
No registration of the patents.
No financials.
No tax returns for how long?
No pay back of the borrowed funds.
No state registration in Texas.
No licensing deals.
No compliance with Delaware order.
No standing in the law suit!
Accusations of favortism amongst the company's vanguard.
Shambolic past of products that disappeared with Carlos as nobody can get him to turn over prior assets of the company. Blueblaster and other tech art developed by Calypso.
No accounting for the prior investments in the Chinese phone company.
Baxter snafu lingers with no resolution.
Nobody answering the phones at the virtual office.
DeWine's involvement in the company's operations.
DeWine will want its shares cashed out and they will not walk without being paid.
I wonder if DD is giving them his business to keep them at bay?
Some sort of oblique payment must be going to DeWine to allow DD to run the company into the ground and take it over.
Most organizations have a five year plan so I ask what was going on when a date certain to pay back DD's was made? Would it not be considered the possibility of no licensing when this business deal was done?
The management of this deal being constructed by the corrupt exiting management means that the deal could be recast with all matters being considered. Law suit will not work but binding arbitration would most likely be used to settle this matter.
Any thoughts?
Sorry but 5K is not even close to my loan. I just wanted to help the company out since it had new management but the lack of communication is not appreciated.
Do you remember the proposal to authorize more shares and the reason it was being floated?
Need I say more.
How can a company borrow money from investors and then ignore them? I loaned a lot of money to Calypso last year for six months. No contact was made regarding payment when the due date came and then two months afterwards another request was made for additional money.
There was no awareness of the past funds due by Richard. Just a need for more money and I was suppose to pony more money to help the company with an awareness of my past contributions. My lopsided investment could not reconcile putting more money into one company that was so mismanaged. My last loan did not have a letter sent regarding the need to renew it or delay payment and the phone call for more money was only for the solicitaion of additional funds with no attempt to settle the past loan.
This treatment is not very professional and shows the shape of the company. RP needs a paycheck to work and with no money coming in the loans are his only means to live. The company has no money and the need for money can turn once virtuous values into borderline corrupt behaviour.
There was no awareness of being able to repay me and the terms of the deal were made with full knowledge that repayment was based solely on signing a contract for licensing. The lack of concern after the money was delivered is evident now I have refused to throw more money into the pot. I am not a millionaire like DD and make limited funds. I have credit card bills with higher interest rates then what Calypso is paying and no concern for honoring ones' obligations has been shown toward me.
If DD thinks he can use the shareholders who are stretched to the limit and take the company away and call it business he is mistaken. There is a justice system and it will be put into place or should I say action. I am very angry over being a fool to back a group of swindlers.
They used me with no intent to honor their obligation and the option to convert the loan into stock at .10 is a joke. I want my money and if I want to buy the stock I will buy it like I have for the last 8 months. I have paid for my shares and they were not handed out to me like candy on Halloween.
This company is nothing more then a sham. No actual business but to bilk the fools who believe. I will post everyday until my loan it paid back or we get a contract.
Do not loan money to Calypso!
Have opportunities passed us by while management continue the excuses in order to gain a larger control of the corporation?
Management should not allow itself to made decisions that will enriched them while depriving the shareholders. A meeting must convene to resolve these concerns over DD gaining an inceasing control over the company by turning down various deals. No actual meeting has occurred and no action should be valid including the share buyback in light of the continued lack of compliance with the bylaws.
This company has been hijacked and all actions should be voided.
All this doom and gloom has been repeated last year and again it is a dire situation of a total loss.
How bad is it now?
I do not know but the company has some standing in the lawsuit for past damages. DD can not claim 100% of the damages as his as he was not the beneficial owner in the past and it was the company's asset.
Maybe I am wrong but until I am proven wrong I remain a positive. DD has a lot of power and he may act in his own interest but we do not know this for sure so until he a takes action to separate the patent from the company we should tread carefully.
We should know are position and have it documented. Is the company trying to run the company into bankruptcy? Are there other measures to protect the shareholders value that the company is not acting upon in the course of their exercising their fiduciary duties?
A fight may be brewing with little confirmation and without a meeting nothing is certain.
Let's have a shareholders' meeting NOW!!!!
OOPS! I correct myself.
The value would be .10!
Sorry for the wishful thinking.
This is no Qualcom.
I guess what I am trying to say is that the company should have guaranteed money if the lawsuit is settled in favor of Calypso. The guaranteed money should be worth the present value of .025 at a minimum. $5,000,000 divided by 200 million shares outstanding.
However, the prior R&D recovery value could be worth another $5,000,000 and let us not forget the value of legal expenses and other penalties.
The value for past damages for Calypso may net of legal cost exceed $20,000,000. The would be $1.00!
JMHO
Can anyone answer this question?
Since Calypso is the beneficial owner during the past few years would not it be entitled to the earnings from the lawsuit that should have been paid for the past licensing?
I think YES!
Now the future licensing royalties with DD having his cut is another matter. If he walks he should not be able to claim past ownership and the monies owed to the company accordingly. Additionally, the value added to the future revenue stream should be weighted more to the past then the future as all the R&D was done in the past so the future is merely the residual. A recovery cost analysis should be done to skew the value more toward the past contribution then the future rewards.
JMHO
First quarter last year and this year is the same. Nothing but fighting and disputes. I guess this patten will continue until we demand progress.
First Quarter results.
No progress is being made regarding the patents in other countries.
No progress is being made regarding the satelite patent.
No progress is being made regarding the shareholders' meeting.
Start, stop, forget.
No progress is being made with the lawsuit as the extentions and modifications expose the lack of urgency required to save CLYW.
***************
The Board of Directors and Management of Calypso Wireless are pleased with the selection of Williams & Kherkher as counsel for enforcement of the Company's legal rights under its various patents. Prior to the selection of Williams & Kherkher, Calypso Wireless interviewed and evaluated numerous law firms, to secure optimum legal representation for the benefit of its shareholders. Williams & Kherkher's primary focus will be the ASNAP patent with the intent of financial gain for past patent violations and for future license concessions. *******************
No progress is being made to allay the fears of the shareholders of DD's plans regarding fair play. No letter, no statement, no bona fied effort to express support for the company, except have his wife act as his puppet.
No progress with a licensing deal being announced or being considered, in discussions with any party or any trial periods. Why is this?
***********Alessandro Valenti, V.P. of R & D for Calypso, is currently in Europe negotiating a licensing opportunity, which would be the first piece of business.***************
***********Richard Pattin, President of Calypso, has been in conversations with two companies that have an interest in the "923" patent. "The companies that have expressed an interest are from the telecom space," states Pattin. Calypso Wireless is looking into all possibilities with respect to monetizing its patents.********************
No progress is being made with new financing. Why advance money when the company's management turns down a deal of $5 million in order to run the company into the ground and turn the shareholder's stock into Enron wallpaper.
No progress is being made to have past misdeeds explained and corrected.
No progress is being made to communicate with the shareholders.
Governance questions for someone with time.
How long is CT's position good for? One year or until the next appointment.
Is there a duration of office holders?
No shareholders' meeting has taken place so can there be new officers?
How is the company still releasing news and operating?
The fixed cost of the company has to be paid somehow!
How is it being paid?
Patents have annual license fees, web sight has annual dues,
news services charge money, clearing houses for securities charge monthly fees, rent, utilities, officer's salaries etc.
How is the company functioning? Who is loaning the company money to survive but not enough to have a meeting?
Some one must be supporting the operations.
Additionally, why was there no meeting when CT was the CEO, president and the company had money?
The CEO is the person in charge and then the president.
Too many unknowns but someone knows the answers.
Happy to see the patents being transferred back to the company and this is not a company expense.
IF RP sold his shares then they would show up on the SEC reporting. Anybody have a link to this fact?
Very good reply.
I only want to encourage the board as the speculation is somewhat negative and nobody is presenting the possibilities of DD making good wit the company.
Is this so bad to be looking at the other side?
You are a very sharp investor so I do not fault myself for maybe losing a bunch of money as I have plenty of company.
I do want RP to call me though.
The chicken little speculation is too much.
Let's just hold off with fabrications until the news is released. DD is innocent until proven guilty.
I may not like the situation but I can not jump to false conclusions that are unsupported.
I hope RT calls me back though.
The legal firm WK would know the standing of Calypso before they filed. Please stop this bs about how we have no standing as WK did its due deligence before they filed.
How do we get so many dumb posters questioning professionals?
Please tell me WK is not smart enought to cover its bases!
Nothing but dumb posters thinking or not thinking they know it all.
Why is there no press release on the situation regarding the suit?
Why doesn't DD make a statement regarding our concerns?
Why is there hints of deals pending and no actual deals?
Why is the price staying in a freeze zone and not dropping below a penny?
Why is the company management in conflict?
Why is the company broke?
Why no shareholder's meeting? and why was the last one cancelled after I booked my flight!!
Why am I writing this?
Today's quagmire can be traced back to specific events and explained as a planned course of action. The professional DeWine Securities Investment mangement would not have ever thought about this eventuality or helped plan it as this is just an accidental blunder of events.
How naive are we to think that the situation is not chartered to enrich the planners and swindle the shareholders? I think a common understanding and some expertise in management could have prevented the calamity but we are to think it is just a twist of bad luck. I think not and it appears nobody ever mentioned the negative possibilities in order to cover them up.
I say the whole past year or more could be rewound and appealed under reasonable cause of lack of governance. The threat of a lawsuit should make DD think twice and get off the fence and make his position reasonable for all to know that he is fixed in his ownership and not gaining at our expense.
Get real and do the right think for once after all the whole default windfall is the biggest swindle I have ever heard of in my life. DD, did you really expect your expertise got the 923 patent? You hooked a stupid fish and now we are caught in your net too.
To DHWCO,
Your informatin is good and I commend you on the measures you have taken. Yes, I want a meeting and find nothing wrong with your measures. I am in your court but I am also a shareholder and want to see the company succeed.
I have stated my belief in the past that Acacia was not a great deal as they had a lock on the market in exchange for their services. This deal did open the deal with the current law firm as it established a base price.
My handle is talkoption and I have invested long before I ever heard of Pattin. This was verified in other checks in prior writings. Do I find fault with Pattin? I do not know the facts so I have to defer for now.
Your "know it all atitude" is restricting you to finding reasonable actions to the troubles.
I am certain the money is depleted as I have not loaned any more funds due to my position being overweighted in this risky company. Hopefully others have come to the support of the company. Please explain how the company can spend money it does not have. We are dead in the water so your firing verbal bombs is not aiding the situation. Yes, you have the right to be upset but I hope in time your concerns will be answered fully.
A local law firm should be appointed regarding the lawsuit. This is the next logical step in the process. After the reply to the lawsuit we can do discovery to find out how the black box works and infringes on our patent.
Hiring special software engineers to analyse Kineto's software to show the process will costs more money. I am not sure where this is coming from as we have a limited budget and so many things to do with it.
I guess we should suspend the lawsuit and have a shareholder's meeting and waste the last of the money and then ask for more money with our limited stock.
How can the company proceed after the chains of the past have bound it to failure?
The current situation will show the courage needed to succeed or demonstrate the lack of courage to save the company. Yes, we are all unhappy with the lack of elections but can we get a few months to recoup the recent slide and show everybody that the current lawsuit is the most practical solution in the long run?
Acacia was going to rape the shareholders for a small fee and the company would be a zombie but now we still have the ability to grow after the findings of a favorable verdict. Is it better to cave into a weak position or strive for the best solution in the long run?
I say the present lawsuit is the best solution in the long run and DD may concede some greed after a review of the total picture. If he ONLY came forth and stated this fact then the company would bounce back. WHY not waive the interest stock payments DD for the better of all?
Yes, I am asking that the windfall you got from a bs lawsuit be considered and help the shareholders so the company can survive. Is that too much to ask? Wake up and smell the coffee DD and give up your stranglehold on the company.
CARE? I suspect this is a bad choice of words. Maybe broke is the best word to describe the unresponsive management style to the shareholder's meeting.
No takers of shares at the present price and DD getting paid in cheap shares does not set well with the board. Any suggestions? Maybe DD will advance more money without any collateral as it is a lose/lose situation according to the board.
Lack of operating funds along with the economic meltdown has landed the company in the swamps.
Please suggest how this should be rectified; more shares at a penny or two apiece or a merger with another company that could use our losses and carry us to the promise land.
I suspect a merger is in the future unless reasonable stock loans are made or a license fee is obtained.
I thought a military grant could have been extended but no play has been made along these lines.
Was this ever published or released by Calypso?
I do not remember reading this in the year-end recap.
Total Assignments: 4
Patent #: 7031439 Issue Dt: 04/18/2006 Application #: 10604618 Filing Dt: 08/05/2003
Publication #: 20040109542 Pub Dt: 06/10/2004
Inventor: John Francis Baxter JR.
Title: AUDIO FILE TRANSMISSION METHOD
Assignment: 1
Reel/Frame:
020092/0714 Recorded: 11/12/2007 Pages: 2
Conveyance:
ASSIGNMENT OF ASSIGNORS INTEREST (SEE DOCUMENT FOR DETAILS).
Assignor:
BAXTER, JOHN FRANCIS, JR.
Exec Dt: 04/22/2007
Assignee:
CALYPSO WIRELESS, INC.
2500 N.W. 79TH AVENUE
SUITE 220
DORAL, FLORIDA 33122
Correspondent:
MALLOY & MALLOY, P.A.
2800 S.W. THIRD AVENUE
HISTORIC CORAL WAY
MIAMI, FL 33129
Assignment: 2
Reel/Frame:
020837/0392 Recorded: 04/22/2008 Pages: 11
Conveyance:
ASSIGNMENT OF ASSIGNORS INTEREST (SEE DOCUMENT FOR DETAILS).
Assignor:
CALYPSO WIRELESS, INC.
Exec Dt: 04/03/2008
Assignees:
JIMMY WILLIAMSON, P.C. [25% ONLY UNDIVIDED]
4310 YOAKUM BOULEVARD
HOUSTON, TEXAS 77006
DAIC [25% ONLY UNDIVIDED], DRAGO
11 LAKE STERLING GATE DRIVE
SPRING, TEXAS 77379
Correspondent:
JONATHAN PIERCE
600 TRAVIS, SUITE 7100
HOUSTON, TX 77002
Assignment: 3
Reel/Frame:
020837/0403 Recorded: 04/22/2008 Pages: 12
Conveyance:
PATENT MORTGAGE AND SECUIRTY AGREEMENT
Assignor:
CALYPSO WIRELESS, INC.
Exec Dt: 04/03/2008
Assignees:
JIMMY WILLIAMSON, P.C.
4310 YOAKUM BOULEVARD
HOUSTON, TEXAS 77006
DAIC, DRAGO
11 LAKE STERLING GATE DRIVE
SPRINT, TEXAS 77379
Correspondent:
JONATHAN PIERCE
600 TRAVIS, SUITE 7100
HOUSTON, TX 77002
Assignment: 4
Reel/Frame:
021291/0941 Recorded: 07/28/2008 Pages: 22
Conveyance:
ASSIGNMENT OF ASSIGNORS INTEREST (SEE DOCUMENT FOR DETAILS).
Assignor:
CALYPSO WIRELESS, INC.
Exec Dt: 07/28/2008
Assignee:
BAXTER, JOHN F., JR.
9201 COLLINS AVENUE
SUITE 924
SURFSIDE, FLORIDA 33154
Correspondent:
SMITH & HOPEN, P.A.
180 PINE AVENUE NORTH
OLDSMAR, FL 34677
http://assignments.uspto.gov/assignments/q?db=pat&pat=7031439
Patents 6385306, 6839412, 6765996 also follows the same course!
The current situation is evolving into a meltdown for everybody. Many positions have been established without any resolutions to prior problems.
Trying to assert any position is not possible due to the shortcomings of the corporation. I suggest that both parties realize the need to make peace and hold a shareholder's meeting as required.
Further avoidness of this essential meeting is going to fester more ill will amongst the parties with no resolution being obtained. The mechanics to resolve these matters need to be followed. Please let's have the meeting for starters!
WHAT HE DIDN'T SAY WAS TURRINI HAD A DEAL A YEAR AGO TO PAY OFF DAIC HIS MONEY AND RICHARD AND ALL OF THEM VOTED AGANIST IT, THATS WHY WE ARE IN THIS HOLE TODAY.
Very interesting indeed. I did not know this and can only speculate that it had some downside to it at the least.
Diac has not shown any harsh treatment towards Calypso's shareholders but the possibility exists and this has contributed to the downward spiral in the shareprice. Fear and uncertainty would have been avoided with Diac's note being settled. Can this deal still be done? Are their investors willing to buy this note at a fair value? How can we deal with a note in today's shareprice?
CT has 1% of the company. His resolution in this matter would be welcomed and management's consternation is understandable. Past measures to force management's intransigency has resulted in the today's quagmire.
Additional investment appears to be the only answer and unless it involve some sort of stipulations that would be draconian why was it rejected. Please explain the proposed solution so the pros and cons can be weighed.
Your topics are of little value to my interest. Why does the analysis of management's pending action on a secondary issue resonate so strongly with you? Your pen antics are thoughtful, logical and boring. What is the importance of the grandstanding? Your words mean nothing when what you write about means little to nothing.
How about thinking beyond the obvious?
We are in a lawsuit that will determine the future of your investment. Have you read patent lawsuit cases? Have you subscribed to a legal update service? Have you consulted a legal patent specialist?
Of course not. What you find so important is trivial in reality.
What we need on this board is some thought about the legal steps pending in this case. What will happen after the discovery? How much time do we have to counter?
Do we need to hire a software expert to analyze their code and explain the issues relative to our patent? Do we need a communications specialist to connect the dots?
Why is the obvious so difficult for you to see? Your myopic topics are useless. Please try to think before you write and understand your reader's needs.
After laboring through several of your long winded useless writings I do limit my time to a perusal as your words are mostly worthless to my needs. Your effort is obvious but your motive is questionable. My time has value and therefore I find your stock essays garbage.
JMHO
Try to open the box and look outside, you might find it a bit scary at first but you can do it. You limit your talents to the banal, let loose and try a more challenging topic like the patent delays in Canada, the switch from Acacia to another law firm, Diac's thoughts of winning a 117 million dollar lawsuit and it being worht less then 5 million presently, CT's moves and motives relating to the Baxter patent and his shortcomings, the pinksheet antics one experiences when trading this stock, the timeline to resolve the financials, chances of another note renewal based on past history,..............
Just a few suggestions.
You may not be a one liner but your topics are, it is quality not quantity that you need to focus on in your writings.
You need to limit your diatribe to bite sizes. You verbosity loses the reader's interest. Remember this is a message board not a research white paper on the spherical rubics cube and the many permutations available in comparison to the square versions released many years earlier that enthralled the imagination of the geeks of the world and started a new and exciting fad that continued to other mathematical puzzles and equations that few people pay attention to during their daily lives.
Understand my long points?
So as I understand it Drago has extended his note three times! This does not sound like someone who is interested in walking away with the patents. He appears willing to work with the company and understands the need to be patient.
I wonder if he will extend the notes again?
Yep, better run to the hills as he is just setting us up for a big Humpty Dumpty fall.
Old explanation sans satelite.
Calypso Wireless, Inc. (OTC:CLYW), announced today that it is in the process of contacting all major OEMs in the wireless industry to notify them of the patent that could have a significant and immediate impact on the development of the industry, as well as major implications on the way OEM's such as Nokia (NYSE:NOK), Ericsson (Nasdaq:ERICY) and Motorola (NYSE:MOT) do business. Last week, Calypso Wireless announced it had been granted U.S. Patent #6,680,923 titled "Communication system and method", which covers the seamless roaming of voice, video and data between Wide Area Network access points, such as cellular towers (GSM/GPRS/EDGE, CDMA, WCMDA etc.) and short-range Internet access points (such as Wi-Fi, Bluetooth, etc.). Calypso Wireless is already in negotiations with a major OEM manufacturer to license its ASNAP(TM) technology. Due to the patent, even those OEM manufacturers that don't wish to license Calypso's technology at the time, but plan to create wireless devices that roam seamlessly between these networks, will have to obtain rights from Calypso Wireless.
Calypso's patented technology enables mobile users to seamlessly switch between cellular and wireless IP networks via the WLAN, accelerating wireless broadband deployment. The technology could also provide significant savings to mobile carriers in additional frequency spectrum and infrastructure equipment by offloading capacity to the WLAN and IP networks while providing additional sources of revenues. Internet-ready devices, including wireless cellular phones, PDA's and notebooks - can seamlessly connect to either the mobile carriers cellular phone network or any wireless LAN, such as 802.11x (Wi-Fi). In other words, global connectivity of voice, video and data will be done through the most efficient connection point, at a lower cost to both the mobile carrier and the consumer.
"Our technology could dramatically boost overall wireless handset sales, and change the industry's growth projections globally. We believe that when consumers will be given an opportunity to connect at a speed of up to 11,000 Kbps (11Mbps) so that they will be able to watch DVD-quality movies or perform movie-quality, real-time video conferencing, they will use it. By teaming up with us, OEMs will now be able to manufacture and market such devices and dramatically boost their sales," says David Davila, President & CEO of Calypso Wireless.
Despite Bad Economy, Analyst Sees Growth for FMC
Posted by Carl Weinschenk Dec 31, 2008 5:10:25 PM
http://www.itbusinessedge.com/cm/blogs/weinschenk/despite-bad-economy-analyst-sees-growth-for-fmc/?cs=13350
The good news -- and we need all of that we can get -- is that the worldwide financial meltdown is not debilitating every sector of the economy. Infonectics analyst Stéphane Téral says the recession isn't changing his expectations for fixed mobile convergence (FMC), the mixing of cellular and wireless networks. Commenting as part of IT Business Edge's look at the year ahead, Téral voiced optimism:
All in all, we do not anticipate a major slowdown in the FMC market because it’s a small emerging market that provides unique opportunities in a recession: affordable value-added service. We expect a significant number of stranded consumers to ditch their traditional wireline service in favor of a more affordable UMA service.Téral previously painted a positive picture for FMC. In October, he said that dual-mode Wi-Fi/cellular FMC phones hit $7.6 billion in the second quarter of 2008 and were gunning for a 16 percent increase for the year. FMC network elements -- including network controllers, voice call continuity (VCC), application servers and multi-access convergence gateways -- jumped by a factor of five between 2006 and 2007 and will grow another seven-fold between 2007 and 2011. Among other things, the report says the number of FMC subscribers jumped from 1.7 million in 2007 to 9.7 million in 2008.
A couple of weeks ago Téral pointed to Orange and T-Mobile as examples of companies that are pushing ahead with FMC. European carrier Orange, Téral says, recently launched a 3G service using unlicensed mobile access (UMA), a form of FMC.
It's certain that a bad economy will not slow down the lawyers. In November, Calypso Wireless filed a patent-infringement suit against T-Mobile USA. The claim is that the carrier’s HotSpot@Home service uses technology that Calypso developed. Despite a lawsuit or two, Téral's relative confidence extends to the States: There is a live VCC RFP in North America that should lead to a $50 million spending project in 2009; in fact, we have significantly raised our North American VCC forecast.The preponderance of the sources I’ve read during the past year – recent examples were summarized in blogs in November and December – generally share the optimism. Many of those articles were put together, however, before the depths of the economic problems were recognized and factored into projections. The question now will come down to whether companies will feel comfortable making investments even if they understand that they will reap greater rewards down the road. Bad economies tend to reinforce the innate conservatism of most CFOs and CEOs. It’s good to see that Téral feels the investments still are on track.
One piece of evidence supporting Téral’s position emerged in mid-December when Mavenir Systems, a FMC company, raised $17.5 million in a third funding round. Investors in the round include Austin Ventures, North Bridge Venture Partners and Alloy Ventures. It stands to reason that the company would only be getting a big check in the mail if it were delivering on its promise. Significantly, that is overtly mentioned in the release. The CEO says that the company is involved in trials and rollouts both in North America and Europe.
Recap
Fixed-mobile convergence (FMC) technology allows individuals to unite their mobile and business or home communications under a single phone number and voicemail system by using a combination of software, hardware and wireless services to register multiple handsets with a system. Proponents of FMC include mobile OEMs such as Motorola, Nokia and Sony Ericsson along with carriers such as AT&T Wireless, Cingular Wireless and T-Mobile all of which are supporting a mobile-centric model. Unlicensed Mobile Access (UMA) would allow cellular GSM (Global System for Mobile Communications) and GPRS (General Packet Radio Service) transmissions to travel over broadband networks operating in unlicensed radio bands. Dual-mode handsets would be able to seek out public and private wireless broadband internet networks (Wi-Fi and potentially WiMAX) and switch transmissions over to those networks to improve coverage or reduce airtime costs.
According to the July 2006 issue of PC Today. Cellular hardware vendors are pursuing FMC aggressively. ABI Research predicts the market for fixed mobile handsets will reach 100 million annually by 2009. And, traditional telephone companies customer base is dropping. Market research firm Research And Markets predicts wireline usage in the US will drop 8.5% by 2009. These companies need to offer a new value proposition. A principal analyst at Gartner is convinced that convergence is coming to stay. He says in the future, everyone will have a single mobile terminal for all their telephony needs. They will be reached under a single number anytime and anywhere. Also, a 2005 survey by Boston research and consulting firm Chadwick Martin Bailey found that 23% of IT managers have already allocated budget for FMC.
These services will be used because they are convenient and cost effective. ASNAP™ technology allows for seamless integration to the existing core networks, existing cellular/landline devices. Being able to seamlessly tie together assets from the mobile and fixed networks to reduce costs and enable better applications has been too cost prohibitive for large scale deployments, until recently with Calypso Wireless ASNAP™ technology. Calypso Wireless offers controlled seamless session transparency.
Almost 5 years later!
Wireless industry intellectually challenged
Track this topic Print story IP issues overshadow technology debates
By Wireless Watch • Get more from this author
Posted in Wireless, 8th March 2004 12:45 GMT
Whitepaper: Rethink Virtualization in Business Terms
Analysis The wireless industry has reached that stage where intellectual property issues threaten to overshadow real technology debates. Too many bright start-ups, many facing shake-out and failing to gain significant market presence through effective sales, are turning instead to their patent portfolios and the 'Qualcomm model' of deriving revenue from other companies' licensing fees.
Actions range from the ludicrous - T-Mobile seeking to patent the word 'hotspot' - to the sweeping: Nomadix patenting the splash page mechanism that WISPs employ to redirect users to a log-in page. Last week, Calypso joined the crowd, seeking to enforce a newly-granted patent surrounding Wi-Fi/cellular roaming.
Via attempts to unify Wi-Fi patents
Now Via Licensing is aiming to bring together patent holders in a unified system that will streamline the process of licensing Wi-Fi technology and collecting royalties, but there are fears that such a move could increase prices in the extremely cost-sensitive WLan market.
Via, a subsidiary of Dolby Laboratories, formed similar groups for the MPEG 2, MPEG 4 and H.264 consumer electronics standards. It says an 802.11 program would bring together organisations with patents considered essential to the Wi-Fi standards, and these as-yet unnamed companies will meet for the first time on 14 April in Tokyo.
The objective is to cut down on destructive lawsuits between competing holders of 802.11-related patents, such as those between Proxim and Symbol, Agere and Intersil, and Standard Microsystems and Wayport.
Of course, the success of such a initiative would depend on most of the key patent holders agreeing to join. The main carrot is lower litigation costs, since the group will provide a one-stop shop for patent licenses, saving the holder having to get protection from each vendor individually.
For vendors, such a system reduces the fear of being sued when they launch products. This fear is very real and can be a make-or-break factor for a smaller supplier in the increasingly low margin wireless market - especially as more and more companies seek to build a Qualcomm-style revenue stream.
Calypso's claims
The latest to enter the fray is Calypso, with its new patent on a technology for roaming between cellular, Wi-Fi and Bluetooth networks. There are no details yet of how Calypso's patented technology, which is included in its own ASNAP platform, differs from the host of other seamless roaming solutions being developed by large and small suppliers.
Calypso claims it enables users' mobile devices automatically to connect to the fastest or cheapest available network though it is targeting its products not at end users but at carriers that have cellular systems and hotspots, allowing them to offload capacity from one to the other.
Calypso is best known for its cellular/Wi-Fi videophone, the C1250i. It also plans a handset that uses television cable as backhaul for voice over Wi-Fi services, giving cable TV operators a new source of revenue. The C1250i, and its accompanying video-optimised access points, use its ASNAP technology, which supports real time video at 20Mbps.
The company believes it has achieved the holy grail of the patent holder - the ability to go after the biggest names, with a strong enough case to encourage them to dig into their deep pockets for licensing fees, not lawyers. It has named Ericsson, Motorola and Nokia as vendors infringing on its patent and aims to start chasing them soon.
However, other companies offer alternative roaming mechanisms - Birdstep is one that claims its technology does not use any Calypso IP - and so some suppliers may decide to get round Calypso by adopting a different platform. Birdstep says its approach is based on mobile IP, as standardised by the IETF eight years ago.
The risks of patent chasing
In other words, Calypso is taking a huge risk, one probably borne out of a need for quick revenue. Its videophone and other technologies, while attracting some interest - notably in China - have failed to secure significant operator support as yet and the market for roaming is fledgeling. But in the quest for cashflow the company risks alienating large vendors and driving them towards other technologies.
Few companies ever got rich on patents alone. UltraWideBand pioneer Pulse~Link, which has a wide collection of patents surrounding long distance UWB, expects to make revenue from this IP but is convinced that it could not make a strong business without launching products too.
Qualcomm itself would not have a successful business model were it to drop its actual chips and rely just on its CDMA portfolio, and it does not just license patents but adds significant value to its licensing program in the shape of know-how and methods, which only come through real experience of a market.
Patent law may exist to encourage innovation by protecting inventors' rights, but it can often have the opposite effect, embroiling companies in expensive and bitter - and often frivolous - legal battles to the detriment of their real business. We have seen Synchrologic, the strongest of the enterprise wireless middleware independents, being acquired by rival Pumatech as a direct result of losing a patent lawsuit.
Research in Motion has frittered piles of cash and shareholder value on a string of lawsuits, both suing competitors such as Good and being sued by the intellectual property company NTP, which has no products at all but subsists entirely on licensing fees associated with a collection of patents (but which could, conceivably, put RIM and its much-loved products out of business).
Of course, it is important to defend IP from theft. But too often, companies are fending off rivals in the courts because they have been unable effectively to do it on the open market, with the old-fashioned techniques of strong product development, robust channels to market and good marketing. Such battles raise prices and postpone, rather than avoid, shake-out and may even lead to the 'wrong' players - from the user's point of view - surviving.
© Copyright 2004 Wireless Watch