Calypso Wireless (fka CLYW)

[litton51]

The SEC suspended trading three years ago as it called CLYW a scam and its officers crooks. The officers soon disappeared, one to Paraguay. The receiver was ordered to roll-up the company while making sure stockholders got money for their shares. After three years the receiver complained that he didn't even get reimbursement for his "work" and under stockholder questioning reported that there was zero worth to the company. Another poster here has reported that the patent that was declared worthless at a badly botched trial had been purchased for an undisclosed sum by an unknown entity. This story will certainly become a business school case study. The former officers have so far gotten-off scott free.