Calypso Wireless (fka CLYW)

[Cougar6]

I hope that you are right but I will respectfully disagree with you that scheduling a shareholders forum indicates that management is honest. With a fair assumption being that no shares will be sold by management at this meeting, there is nothing in law that requires management to tell us anything factual or verifiable. This is not a written prospectus or an 8K (both protected by SEC, for whatever that is worth); it is simply them talking.

If the purpose is to raise funds via loans or "gifts" as some people have suggested, then it might constitute criminal and civil fraud, but that is darn tricky to prove.