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thanks Sir for your efford..
...what's news ?
good news... thanks. We are in again!!
right way to start month, good luck to all guys
Merry Christmas and happy new year to all friends of IH !!
Thanks SirH for your effort, as usual
may be Receiver can sell all CLYW assets to "NEW CALYPSO", quoted on OTC or other market, "old" shareholders will receive NEW CLYW shares instead of $$ and sell/buy on market.
thanks Bacatcha for your full updates.
here some info about receiver:
https://viewer.zoho.com/docs/bFadTe
Thanks SirH
something is moving, good news, my fingers already crossed
Thanks bacatcha for your effort
GLTA
no updates guys ?
Nothing from Receiver after all this time ?
Yes, this August my mistake
I don't know which is Receiver's strategy for his tasks. We know that TMOB litigation is going ahead and next August will have a markman hearing.
I think this is an important step to understand value of patents.
Never, CLYW is revoked. Receiver has to disolve company and wind up assets in the best interests of shareholders.
So in some time we will receive some money in place of our shares... we hope
I think it's easy for receiver go to big players after a court decision about 923 patent value, TMOB suite should have one soon.
on SH forum he said "when Com. will have money" not on contingency. This is what I remember. New guy I do not know.
Thanks for info.. as usual !!
TMOB agree with this mediator ?
And this: Tim Johnson
http://www.lockelord.com/tjohnson/
ok I am registered on CLYW site. Thanks
Thanks a lot Renee
Thanks Renee,
Someone knows what does this exactly mean ? Shares will be deleted from our accounts or hold by brokers waiting receiver actions ?
These are 2/29 trades (from my datafeed):
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29.02.12 13:44:11 0.0250 5000 @ OTC
29.02.12 13:44:12 0.0250 5000 @ OTC
29.02.12 14:12:44 0.0250 25000 @ OTC
29.02.12 14:13:07 0.0250 15000 @ OTC
29.02.12 14:22:50 0.0150 25000 @ OTC
29.02.12 14:22:50 0.0150 50000 @ OTC
29.02.12 14:22:51 0.0150 27500 @ OTC
29.02.12 14:29:09 0.0120 25000 @ OTC
29.02.12 15:57:28 0.0200 5000 @ OTC
**
Same as for ex-management, TMOB deal, the first for 923 patent, is very important so I hope receiver will be smarter and faster than past "team".
It's one of tasks ruled by Judge.. after hearing some SEC officer..
Wise and trusted as usual. Thanks
First, thanks to SirH for his effort on sharing info and help shareholder, really a great work.
I think this is related in some way to 923 patent:
Cisco Visual Networking Index Forecast Projects 18-Fold Growth in Global Mobile Internet Data Traffic From 2011 to 2016
Mobile Cloud Traffic to Account for 71 Percent, or 7.6 Exabytes per Month, of Total Mobile Data Traffic by 2016, Compared to 45 Percent, or 269 Petabytes per Month, in 2011
http://newsroom.cisco.com/press-release-content?type=webcontent&articleId=668380
Me too, I've to admit, after reading denying motion of reconsideration.
Now we have only to see which way receiver will take.
GLTE
Thanks Sirh uploads.
Judge seems to underline wide options and ways Receiver has to do his task to close company.
Let's see which way Receiver will use to maximize our value.
me too..
good price 0.17 probably error:
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15.02.12 09:53:48 0.1700 20000 @ OTC
15.02.12 09:54:54 0.0170 20000 Z OTC
I agree Longhorn but CEO, Mr. Turrini, has the major responsibility to have left Mr. DW going around with a "nuclear bomb", an unpardonable lightness.
At this point I hope Mr. DW has a good plan for shareholders otherwise why start an "armageddon".
Judge rule is clear sell and delete company. Last denial of company petition confirms it.
On this light, shares of patent buyer in change of our shares would be interesting, usually never a big deal but may be better than a probably low auction price.
We will see
Until some Receiver word we have only "Dissolve and wind up affairs". Hope your scenario will come soon.
I don't know if 20/30% will be a small or a big amount but for sure it's not 70/90%.
If, for example, 1B is actualized revenues of patent, do you buy it for 7/800M ? 2/300 gross profit (in 10 years!) minus management, legal fees, risk, etc. what is your profit at the end of next 10 years (+/- end of patent) ?
With the same (example!) 1B and my hypothetical split: 200/300M for us, 1/1.5$ PPS INSTEAD OF : 3.5/4.5 pps... that means 3x auction "output".
So in my opinion the point is not or not only patent value but how to split it.
BTW, better 20% of something that 90% of nothing...
This would be a better solution than a mere auction. No cash means they will transfer some risk to us so they can pay more.
Ok, add "New Management" as a condition for Judge to accept CLYW petition... simple
I am only looking at the best for my PPS, I think only auction will not maximize my investment, btw my load price is 0.03 not $.
Try to be for one moment a bidder of CLYW patent and fill up some number about: future revenues (? never had one until now), costs to get them, cost of patent, etc. then costs for receiver and consultants.
Main difference is that we have already patent and bidder must buy it and work with to pay at first patent itself, costs and his profit.
Hope to have done a lot of mistakes
I hope Mr. Gentile takes care to manage Calypso not only sell assets and close it. I am not sure it may happen, Judge's rule is "dissolve and wind up affairs" not to manage company to solve its problems.
I hope last defendant (CLYW) petition will be accepted by Judge/receiver: a NEW management staff to sue infringers and sell licences of patent under Judge/receiver control... but would be the first time I see it.
More probably we will have an auction and we will get 20/30% of the value bidder gives to patent, instead of 70/90% of a normal situation (10/30% normal costs for management and legal fees).
But if Mr. DW asked for a Receiver and not for a Custodian he has his reasons.
there is not even a SEC filling about receivership and, btw, reading public papers, receiver has not accepted yet.
From some month ago I've same opinion and great responsibility of Cristian and Kelly is not to have foreseen this option and Dave stopped in time.
If Officers are so naive we should probably resign to divide the value of the patent with the shareholders who will buy. So if we will recover the 20/30% of its value is already a gift.
Someone with enough money has a good opportunity, our good opportunity.