Calypso Wireless (fka CLYW)

[Cougar6]

I disagree. I believe that at this point the settlement is a necessity. We need it to clear up ownership issues and finish what we started with T-Mobile.

Sure, we could go the distance with Diac now but with management spending all the company funds on sideshow antics and Storm giving management legal advise (or simply towing the company line) I am not sure we could pull it off. The mess we are in is real, not theoretical. We have no funds to fight and management has screwed the pooch on the litigation by not doing proper discovery. We need to get this deal closed and go where the money is rather than continue to spend money on a fight that we almost have to go back and start over again to be able to fight properly.

How we got to this point and who is responsible are questions for another time. Now we must get into a position where the company can actually benefit from its assets rather than simple squabble over who will control their potential value.