From what I've read, the BOD acted unlawfully in 2008 and 2009. Stock holders were never allowed to vote for the BOD or make any business decisions. The phantom Richard Pattin came along and then left after apparently giving Daic an inside deal of $100M plus. One of the reasons we are all tangled-up now is because the stock holders (i.e. owners) never made a fuss. This is very strange since there are almost 200 million shares outstanding. Who owns them? What do these big owners want? In the past 45 days all the stock action has involved perhaps 1/2 of one percent of the stock per day. Clearly, the big owners are holding tight and saying nothing in public. Again, very strange, although it suggests they know that $$ is coming and don't want to drive the price up before they buy more. Perhaps they are part of another secret deal to try and rape the company again. Who knows? CLYW since 2006 is best described as a college fraternity that got drunk, ran amuck, set fire to neighbors' trash cans, urinated on the bushes, and now wants everyone to forget about the damage they did. The new BOD is so opaque that any decisions they make are invisible to the stock holders. That is NOT the way to run a public company responsibly. Of course, until the stock holders start demanding to be included in the loop, this is unlikely to change. We on this message board have too small a stake to make the BOD tell us anything. If the price drops enough I will immediately double my amount of shares.
