I see no reason why you would not share what you gleaned from your conversation with the rest of us. Others on this board have shared their correspondence with BOD members.
Second, I also see no reason for this company to become more than just a licensing agent for ANSAP. I know, based on previous actions of Turinni that he intended to build a real company out of Calypso. His actions before he was fired in 2008 would indicate that he had larger plans for the company. What exactly do you think they plan on doing with the proceeds from the licensing agreements, issue dividends?
Third, there is no reason to "sell" the patent. If that was your idea, then Diac would be a huge issue since I am fairly sure he could get an injunction to stop that sale since he has a residual 5% interest in it. At a minimum, he would have to agree to the sale. On the other hand, if they sell the company outright Diac is not a problem.
Finally, I take issue with the idea that any BOD feels that his interest supersedes the interest of the shareholders. You may not have meant this the way it sounded, but I have heard this too often in small corporations where members of the board or directors treat the company as if it were their own private partnership. Once it went public, the shareholders interests become paramount. This is a bit idealistic, but it is the way I feel. Too many times this company has been brought to the brink by BODs that have tried to run it like it belonged to a specific person or group of people. The Diac default judgment is probably the best example. Just my opinion.
