Calypso Wireless (fka CLYW)

[conagra]

LG - Not sure how you don't understand how much simpler and profitable licensing will be than their old plan to manufacture phones? They can sell unlimited licenses with little or no cost, therefore need very little working capital and very low overhead. They can do licenses literally in the time it takes to sign an agreement. And once you do one, everybody else will come in line. The licenses will be mult-year deals.

Carlos and the other dummies were trying to make phones and passed up many licensing deals. They lost all credibility and almost lost the company. There is probably much money laying on the ground that Turrini is now picking up.

Anyway, give him more than 1-2 months and let's see what happens.