8K:
ITEM 8.01 - OTHER ITEMS.
As previously reported in the Company's last 8K on December 24, 2009, the Company has taken steps to halt the actions of Drago Daic et al in their attempts to take the Company's intellectual property. This has resulted in Temporary Restraining Orders (TRO) being issued against Daic, Williamson and their "Receiver", Kelly Stephens. On 1/14/2010, the Eastern District of Texas Federal Court issued a TRO stopping these actions on the '923 patent until 1/27/2010, at which time a hearing will be held to decide if further Court Restraints are warranted. On 1/15/2010, the Superior Court of Harris County, Texas issued a TRO stopping the actions on the remainder of the patents until 1/29/2010, at which time a hearing will be held to decide if further restraints are warranted.
The Company has also asked the court to allow Calypso to file an Amended Complaint joining Williamson and Stephens as parties to the T-Mobile lawsuit and making various claims against them. Shareholders interested in reviewing the progress of the court filings are again advised that updated information is immediately available from the Pacer website for a nominal charge. Any further questions should be directed to the Company and not the Company's Lawfirm. The possibility that unsolicited callers may in fact represent the Company's opponents in action prohibits our attorneys from discussing these matters in this manner.
