Calypso Wireless (fka CLYW)

[Cougar6]

The question remains; why is the settlement with Diac not finalized, signed, and reported to the court as well as with the SEC (8K).

What is Turrini up to that it is not done. Now that he knows he has no future with Calypso is he looking to change sides and sell us down the river ... deja vu? Or is Diac holding back waiting to see the company implode from management's stupidity.

Does anyone know if the governance committee has the authority to simply remove him on an interim basis until the investigation is complete. Can we get someone competent in to manage the company?

I suspect that actions taken now could be ratified by the BOD once Turrini is removed. But this is a bit beyond me.

With a California court action based on a combination of California procedural law and Delaware substantive corporate law I can't quite figure out what can and can't be accomplished.