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Patent cover China?
http://www.irasia.com/listco/hk/pccw/press/p110211.htm
Updated website form 15c211 filed with FINRA hopefully its trading in the next couple weeks. Knowing FINRA I wouldn't be surprised if it takes 1-2 months patience fellow investors almost there.
Guidance Revenue increased 100% from a run rate of 6 million to 12 million
Curious if you don't mind me asking what did you ask them in your e-mail
Shareholder meeting rescheduled guess I'm not going anymore. Not very happy about this but as long as they keep their word to reschedule
My information comes from sources that are in the loop that I feel are reliable. Searching the internet for information is the most unreliable method IMHO. I don't post here very much because some people feel like I have been pumping the stock. The company hasn't gone out of business its just the SEC delisted it for non-compliance. They have filed all the proper documentation with the SEC as of September. What we are waiting for is the SEC's approval for the stock to trade again. On a side note I've been working with a separate company for over a year trying to take them public everytime we send paperwork to the SEC they send it back telling us to change this or that. Then when we submit it the SEC doesn't get back to us for 2 weeks. As the saying goes patience is a virtue. When the stock starts trading again I think it will trade between a .75 cents to 1 dollar. But then again the SEC may not approve anything and we are out our investments. Good luck on this and future investments
Here is what i do know they have completed the GAAP audit and filed their 15c211 with the SEC. Now you have to have a little patience. Anyone who has dealt with the SEC knows what I'm talking about. The SEC likes to take its time and feels no rush like us investors. If the SEC doesn't like something they file they can send it back multiple times telling them to correct it or change it to the SEC's liking. This stock will trade again this month next month 5 months from now. Right now its up to the SEC when it trades not Ka Wang Holdings
Hope its quick sounds like T-Mobile is going to fight it til the end
T-Mobile released a statement regarding the claim:
"T-Mobile USA, Inc. has been made aware of the filed lawsuit and is reviewing the complaint and asserted patent. Based on its preliminary review the company believes that Calypso Wireless's allegations are without merit. T-Mobile intends to defend itself vigorously in this case."
http://www.fiercewireless.com/story/calypso-sues-t-mobile-over-hotspot-home/2008-11-14
Just a hunch that it will start trading again and at a a higher price per a share before SEC halted trading.
I'm going to say that November will be a good month for Ka Wang Shareholders
The Fat lady hasn't sung yet
SSTNOW because you have made it a point to single me out. I felt I should respond to your accusations. I'm not here to research the stock for anyone. You need to make sure you do your due diligence. I didn't purchase shares based off of PR's issued by the company. If you made the decision to purchase the stock based off of unverified PR's then you need to reap what you sow.
I know where I'm getting my information and I trust my sources. My sources aren't PR's and message boards. I've have never pumped this stock. I'm the one who stated the financials were not going to be released by the end of the year. I'm the one who said that Ka Wang's management was inexperienced in the US public marketplace. I said have some patience. This is no get rich quick stock. And I have been to one of the stores if you want the address get it yourself.
But I'll tell you what since you seem so upset about your uneducated investment. I'll buy your shares in Ka Wang for 15 cents a share. You transfer your Ka Wang stock certificate in my name and send it COD and I'll pay you in cashiers check. It gets you out of the stock and you can recuperate some money since its a sure shot sign of a scam.
Patience is a virtue
www.Kawangholding.com updated audited financials link on home page.
Because I've been in one of their stores.
Management for Kawang definitely is inexperienced when it comes to trading in the public market in the USA. There has been multiple errors that have led to this point of why the stock has been suspended from trading. After the suspension was lifted form 15c211 has to be filed within 2 weeks. But the company can't file that form a market maker has to.
Everyone needs to have a little patience Kawang will come around it just takes time. They have acquired a market maker have all the paperwork ready to file with the SEC, should resume trading next week. Also look out for a big firm to get involved with them and bring a lot of investor support with them. I myself am waiting till trading resumes to pick up more shares. As with anything nothing is a 100% guarantee if you don't like where Kawang is at sell your stock and move on. That is the gamble of trading pink sheets or any other stock.
Thanks I replied to your email
I sent it to you twice my email is ctakagawa@yahoo.com maybe you can send me a personal email and I can reply back.
Count me in I sent you an email
I was wondering about that George Schilling is with Gridline who's broker happens to be DE Wine. Those 2 have a history together. If Schilling is the new CEO then I would think Duncan has some type of involvement in the current situation
Shares traded 30,000
According to your post on 11/06 you spoke with him on the phone give him a call and ask him. I would appreciate it if you let us know. These patents are equally as important as ASNAP IMHO.
Thanks
Nice research
Always good to cover your bases especially with a pink sheet Chinese stock.
People concerned about whether company is legit I know its real. I'm going long on the stock
They have updated the website
Kawangholding.com
The new website looks really good. From what I hear Audited financials should be coming along very soon.
Having been involved in financial audits before I'm hopeful they will be released by the end of the year. But in my humble opinion I think the beginning of the next year is more likely. Especially for a company that has never reported before. I guess everyone who is aware of this stock is hesitant because they believe it could possibly be a scam
Document 33286300, by court 151 (4 pages)
- PLAINTIFF-RESPONDENT DRAGO DAIC'S MOTION FOR CONTINUANCE 10/24/2007
Check court documents Daic files for continuance until January or February of 2008.
Hoping Judge denies request this is getting to be ridiculous.
Ka Wang Holding Audited Financials currently being done
Website: kawangholding.com
Looks really good make sure you do your DUE DILIGENCE
Don't know much about the Legal System with all the BS regarding the case is it only going to take 1 day for a judgment. Does everyone think it will be resolved on 11/07 or will it take a couple days or maybe weeks
Error with Courts website will let you view case files without paying.
If you go to the the website:
https://e-docs.hcdistrictclerk.com/eDocs.Web/Login.aspx
Case #: 200722571
Click on blue hyperlinks that state Document # will let you view them all reading over case documents now. Don't know how long it will last.
Anyone who has the ability to track who is buying and selling this stock has a pretty good idea whats happening regarding the recent price movement. I'm not trying to preach. But Calypso is a pink sheet stock. In my humble opinion always expect to lose your money with a pink sheet. I think this stock is an ALL or NONE. I'm long like many people not as optimistic like some but hoping for the best, but ready for the worst. Good luck to everyone.
Reply to Slugger899
Wanted to offer my opinions based off of your post
Your first assumption is correct there is no magical date where the stock price is going to increase like everyone would like. Without calling anyone out there are some posters who are hyping the stock, while I believe their intentions to be good it can be misleading for other investors.
Having attended the shareholders meeting myself I can assure you at no time did Calypso promise 9 figure deals. This statement has been manipulated so much by others now I see why management did not want to answer the question at the shareholder meeting. As far as the Acacia deal is concerned the answer to your question is yes we are waiting for the judge.
Link :https://e-docs.hcdistrictclerk.com/eDocs.Web/Login.aspx
if your willing to pay you can read it for yourself.
As far as Nokia Siemens the only info anyone has is that Calypso is conducting field trials who knows how long that will take is anyone's guess.
The Jill question has already been answered.
What website can I go to do download license agreement
Thanks,
This is the most intelligent post I've seen. If the company had any of these it would not be listed as a pink sheet stock. Wow Billcoln you just saved me from a $300 dollar investment. What I would do if you weren't here to post the obvious.
Someone at the stock holders meeting wanted some type of response regarding deals the price range and who Calypso was talking to. The CEO Turrini passed the question off to the CFO Sando. Sando specifically said he needed to word his response very carefully due to the fact Calypso is a publicly traded company. Sando said he felt as shareholders Calypso should have a response. As far as the price range is concerned Sando said Calypso was looking at 9 figure deals yearly and Companies they were looking at were Fortune 250 companies. Sando was very vague for obvious reasons. Now everyone is manipulating this simple statement using it for their own agenda whether it be positive or negative.
I've been coming to these boards for a while now. And have read the majority of the posts. I also attended the shareholders meeting. Since New Management has taken over the only thing I've heard Calypso say is that they acquired 4 new patents and hired Robert Sando as CFO. As far as 9 figure deals and what companies they are talking to essentially what people have done is twisted Calypso's words so much that at this point its been blown out of proportion. When if you were at the shareholder meeting you know exactly what Calypso said about the deals, and everything else on the agenda. Unless someone has proof that there is a Calypso Employee posting on this board 90%+ of what is being posted is coming from someone besides Calypso. People are manipulating what is said to push their own agenda whether it is pro or con and half the time their claiming Calypso said this or that. Now I know why they didn't want to comment on the deals.
Fact from Fiction I thought it would be nice to set some records straight
Wireless firm seeks payback over stock scam
Jun. 7--Suspecting a scam, a Miami lawyer flew to Panama in February to question three men poised to collect $26 million in stock from a pioneering local wireless company.
Attorney Michael Pizzi soon discovered the Panamanians knew nothing about the alleged fraudulent transfer of shares belonging to his client, Calypso Wireless Inc. But one of them did mention the name of "Butch" Ballow, a convicted Texas con artist on the lam.
Ballow would quickly emerge as the mastermind behind a stock scheme that nearly crippled one of South Florida's fledgling mobile-phone services. He may have also tricked the state's biggest law firm, Holland & Knight, into representing two of the Panamanians without their knowledge in a legal fight to gain control of Calypso's stock.
When Pizzi returned to Miami, he and his law partner, Ed Shohat, put the brakes on Ballow's alleged plot to move most of Calypso's stock to Panama -- but not before the company's loss of about $9 million worth of shares. Calypso's lawyers are now trying to recover that money from Ballow in a Texas court.
Holland & Knight ultimately dropped the two Panamanians as clients in the Miami case, but paid a price for its mistake.
"This is an extraordinary case where the company was brought to the brink of destruction based upon allegations by a law firm and lawyers whose purported clients have completely disavowed Holland & Knight's authority to represent them," according to a contempt complaint filed by Calypso against the Miami firm. 'The real 'clients' in this case were scam artists, liars, cheats and fraud artists using the names of these two individuals to perpetuate a massive fraud."
In May, Holland & Knight confidentially settled the contempt complaint with the Miami Lakes company, which was seeking more than $1 million in legal fees and other costs. Holland & Knight, as well as Calypso's lawyers, declined to comment.
According to court records, the Calypso stock-fraud story began on Oct. 2, 2002, when Texas businessman Patrick Lannen became Calypso's president. The company's suit accuses Lannen of orchestrating an "unlawful scheme to steal" 10 million shares of Calypso stock by transferring them to " co-consultants" serving as "straw men for the thieves."
Two days after his appointment as president, Lannen arranged to have the shares sent in equal transfers to three Panamanians: Gabriel Marquinez, Nicolas Armelino and Luis De Gracia.
According to the purported consulting agreements, the three men were to perform engineering services for Calypso and receive the stock shares as payment.
One consultant, De Gracia, was supposed to receive 3.3 million Calypso shares, worth an estimated $9 million. They were sold on the market, "causing the company grave damages," according to court records.
Calypso's lawyers temporarily stopped the transfer of the other 6.6 million company shares, worth about $17 million.
In court papers filed in Miami and Houston, the lawyers allege that "Ballow was behind the scheme." But they don't reveal how he helped install Lannen as Calypso's president. Lannen quietly left Miami and the company within a few weeks after the first transfer of Calypso stock. His Houston lawyer did not return a call for comment.
Ballow, whose full name is Harris Dempsey Ballow, is known as a stock swindler in Texas.
In Houston, Ballow was indicted in 2003 on a dozen charges of swindling nine brokerage houses out of millions of dollars.
After he pleaded guilty to one count of money laundering, Ballow failed to show up for his federal sentencing last December.
The judge issued an arrest warrant for Ballow, but authorities said they believed he had already escaped to a beach in Panama, one of the locations where he was known to have business ties, according to the Houston Chronicle.
In the Calypso caper, the company's lawyers allege that Ballow used a Panamanian "bag man" by the name of Ruben Garza to enlist one of the "consultants," De Gracia, to sign a consulting agreement.
The agreement, written in English, authorized the transfer of 3.3 million Calypso shares for De Gracia's consulting services. But De Gracia, who is not an engineer and doesn't read or speak English, said he had no idea what he signed.
In a sworn statement, De Gracia said he had never heard of Calypso, did no consulting work for the company and never received a penny from the Calypso stock sale.
But in his sworn statement, De Gracia told Pizzi, the Miami lawyer, that he did know Ballow. He was merely a driver for the con man.
"When he came for traveling, I went to pick him up at the airport," said De Gracia, who worked in the Panamanian public registry. "Mr. Garza gave me $20 so I could put gas in the car, and that was the only relationship between me and Mr. Ballow."
Asked if he knew how many times Ballow met with Garza, De Gracia said: "About four or five times."
Pizzi later questioned the two other "consultants" whose identities were allegedly stolen by Ballow in the scheme to defraud Calypso.
In their sworn statements, both Panamanians said they knew nothing about Calypso, Ballow or Holland & Knight and the firm's lawyers, Jose Casal and Dan Mena, who supposedly represented them.
In the end, Pizzi and his partner Shohat not only persuaded Miami-Dade Circuit Judge Lawrence Schwartz to block the transfer of most of Calypso's shares but also recovered legal fees and other costs from Holland & Knight in the contempt complaint.
"Had Holland & Knight succeeded in their motion, the result would in all likelihood have been the destruction of Calypso," company President George Schilling said.
Anyone interested in more info let me know