nlightn: What do you expect from a development stage company? I wrote in my post #440 of 3-28-04 that I would not be surprised if we’d see many more delays as shipments of new developments are always late.
Once Calypso will announce agreements with handset manufacturer such as Nokia and RIM/Blackberry nobody will care if the 10K filing was a few days late or the production was delayed. The credibility will not suffer from that and the technology is still there. These announcements might take many more months though and it will be a matter of patience.
I strongly recommend you to read my post 440 again. You might agree that production is the weakest part of their business plan but they have much more going for them such as helping to get handset manufacturer get out Wi-Fi phones to market fast:
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