Calypso Wireless (fka CLYW)

[litton51]

CLYW - Calypso Wireless, Inc.

CLYW is a stock selling scam that has had former officers accused of fraud.

Since 1997 Calypso has had no revenues from the sale of any product.

If I had been given free shares I would dump them.

If you need a write-off by all means buy it.

Robert Leon the inventor of the patent is gone and is selling all the shares he can as fast as he can.

On December 6, 2005, Robert Leon, the Company's former Chief Technology Officer, commenced an action against the Company seeking additional compensation and reimbursement of certain expenses. The Company believes that it has fully complied with all of its obligations to Mr. Leon and does not expect the outcome of the action to materially adversely effect the Company.
George Schilling the former CEO has lost his memory according to his public statements and remembers no transactions while he was president.

Calypso has changed accounting firms more often than they have recorded any legitimate deals.

Do your own DD and by all means do not listen to the Calypso employees posting on other boards telling you to buy this over-hyped, high risk, stock selling, no revenue, PINK SHEET POS company!

http://www.siliconinvestor.com/subject.aspx?subjectid=55877