So how much is it worth? May I offer $300,000,000 as a minimum market cap, 5 years horizon.
You have to take sides not only in the stock market but also in life. I took mine in this case it's (CLYW.PK) a wireless technology company that some say is in default, the others just give a fuck and buy on rumors now to sell on the news later. Read more to know more:
History
Calypso Wireless, Inc. was incorporated in 1998.
Calypso stunned the telecommunication industry when it introduced the world's first mobile video phone, the C1250i that works seamlessly on both traditional cellular/digital frequencies and the exciting new Wi-Fi frequency. Using broadband, it offers a super fast Internet connection that allows users to video conference with movie-like quality, to send and receive video clips with audio, movies-on-demand, and many other high speed services. Calypso Wireless went public in October 2002, its common stock trades under the ticker symbol CLYW.
However, currently under new management, Calypso Wireless has now shifted its business model and focus to licensing Calypso's world-class, patented technologies.
Patents
Calypso Wireless developed the solution that allows any mobile device to seamlessly roam between cellular networks and wireless local area networks (WLANs). On January 20, 2004 Calypso received U.S. Patent No. U.S. 6,680,923 B1 titled: “Communication System and Method”. This solution is known by the trademarked acronym, ASNAP™, which stands for: Automatic Switching of Network Access Points. Calypso has successfully demonstrated the seamless flow of data while switching between a wireless connection from a cellular GSM/GPRS tower to a local Wi-Fi access point and back to GSM/GPRS again. The company is pursuing mobile carrier customers to realize the intrinsic value of this technology.
Several mobile carriers have recognized the potential of Calypso’s ASNAP™ technology and have signed field trial agreements to install and test the system and to test the ASNAP™ powered mobile devices as well. Successful field trials should lead to definitive purchase, and or license agreements.
Calypso has remained and will remain focused on the development of its technology and related products, to the deployment of its technology and to direct negotiations with mobile carriers concerning its products. With the Wi-Fi industry being one of the most explosive industries in the world, there is considerable interest from the major mobile carriers and OEMs (Original Equipment Manufacturers) in Calypso’s ASNAP™ technology. Calypso is moving toward procuring licensing agreements with major OEM’s that are interested in developing products that include or facilitate the company’s technology.
$ Milking Strategy
The primary objective is to convey to mobile carriers, ISPs, and WISPs, the economic benefits of deploying Calypso’s ASNAP™ in their network’s backbone. An analysis of our current status reveals that we face little competition in our target market. Our patented technology is defined as the only high-speed wireless broadband technology that seamlessly switches mobile end-users from cellular to Wi-Fi WLANs, thus offering voice, more robust data, real-time video conferencing and many value added services. This plan focuses on the implementation of marketing strategies designed to maximize Calypso’s ASNAP™ technology performance in the market place. Our primary strategy is to show mobile carriers, ISPs and WISP?s how to increase their profits without incurring new upgrade costs to their existing infrastructure, to provide more efficient allocation of resources due to the freeing up of more wide area cellular spectrum space for data and voice. This is based on their ability to provide unlicensed last-mile broadband service. We will pursue this strategy by marketing the ability of Calypso’s ASNAP™ technology to accelerate the potential for un-licensed spectrum last-mile broadband solutions, to link contiguous hot-spots to form hot-zones, and contiguous hot-zones into hot-pathways that offer switching capabilities to cellular networks.
News (must read all to see in details the big picture and smell the potential)
Calypso Wireless Inc. Announces Patent Issuance In Spain and Slovenia For Its ASNAP Technology
Friday, 21 Nov 2008 03:30am EST
Calypso Wireless Inc. announced that it has been granted its Patent in two additional European Countries. The Patents were granted in Spain and in Slovenia (Publication no1533943) titled "Communication System and Method." These patents are for Calypso's proprietary ASNAP technology, which enables the convergence of Cellular and WiFi networks.
Calypso Wireless Inc. Files Patent Infringement Suit Against Deutsche Telekom AG'sT-Mobile USA, Inc.
Friday, 14 Nov 2008 03:30am EST
Calypso Wireless Inc. announced that it has filed a patent infringement complaint against T-Mobile USA, Inc. (T-Mobile), the mobile communications operating subsidiary of Deutsche Telekom AG, in The United States District Court for the Eastern District of Texas, Marshall Division in Marshall, Texas. In the lawsuit, Calypso seeks to obtain past and future damages, attorney's fees, and an injunction prohibiting T-Mobile from continuing to sell or make use of the inventions embodied in the '923 Patent. The case relates primarily to T-Mobile's Hotspot@Home product, which allows subscribers to seamlessly switch from the GSM network to local WiFi hotspots.
Calypso Wireless Inc. Announces Issue of European Patents for Its ASNAP Technology
Monday, 25 Aug 2008 04:30am EDT
Calypso Wireless Inc. announced that the Company has paid all fees associated with the issuance of the patent for its ASNAP technology in 25 European countries. The 25 countries are Austria, Belgium, Bulgaria, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Monaco, the Netherlands, Portugal, Romania, Sweden, Slovakia, Switzerland & Liechtenstein, Turkey and the United Kingdom.
Calypso Wireless Inc. Announces Mexico Patent 254935 For ASNAP Technology
Monday, 23 Jun 2008 04:00am EDT
Calypso Wireless Inc. announced that the Company has been issued the patent for its ASNAP technology in Mexico. This recent granted Patent, No. 254935, filed in the name of the Company and issued by the Mexican Patent Office to the Company this week for its ASNAP technology.
Calypso Wireless Inc. Announces European Patents For IASNAP Technology In Twenty-Five Countries
Monday, 16 Jun 2008 04:00am EDT
Calypso Wireless Inc. announced that the Company has received news that its patent applications for its ASNAP technology have been accepted in 25 European countries. With those rights now secure and the newly established ability to protect those rights in Europe as well as America, the Company has begun the process of monetizing its technology.
Calypso Wireless Inc. Appoints Cristian Turrini As Chief Executive Officer; Appoints Cristian Turrini As Chairman-8K
Tuesday, 13 May 2008 10:58am EDT
Calypso Wireless Inc. announced in its form 8K that the Board of Directors appointed Cristian Turrini as Chief Executive Officer of the Company, effective, May 12, 2008. The Board of Directors also appointed Cristian Turrini as Chairman of the Board of Directors of the Company, effective on Monday, May 12, 2008, to fill the vacancies left by the resignations of Ms. Moran, Mr. Zapata, and Ms. Dotson.
Calypso Wireless Inc. Settles Lawsuits and Regains Control Of Intellectual Property; Announces Officer Changes
Tuesday, 29 Apr 2008 01:06pm EDT
Calypso Wireless Inc. announced that it has settled all lawsuits against the Company and has regained control of its intellectual property. The Company's previous officers and directors have resigned and Richard S. Pattin has been named the Company's interim President, CEO and sole Director.
WTFact (All numbers are for 2006, because there are so many dirty hands that want to still Calypso Wireless Inc.patented technology, they were busy fighting in court instead of day to day running a business, this is a multimillion $ case and they succeeded protecting their intellectual property, so past numbers are not important, what's important is the future royalties, possible acquisition by a jumbo wireless carrier and a company business that will be run in a protected environment without pirates stealing it's technology)
Market Cap $29M (for no revenues company !)
Shares Outstanding 189,260,000
Total Assets $500K
Total Liabilities $1M
Net Income -$4.9M (from 2002 total loss is about $31M attributed to R&D and launching their technology ready to market)
Revenue $0
Resume
In the current month of September, 2010 (CLYW.PK) went up from $0.02 to current $0.15 without news and on high volume, stock is worth $29M.
Nothing to take, nothing to add. This is a clearly bullish case.
Look into their website for more information about Calypso technology, if you will like it then this special situation stock is for you.
