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Re: LazyDaze1 post# 50232

Monday, 11/21/2011 1:38:50 PM

Monday, November 21, 2011 1:38:50 PM

Post# of 60938
>>When are the people who have thousands, or tens of thousands, or more, going to pool their collective power and stop a BOD that obviously is NOT working in their best interests?

Please explain how they may do that. Law suit? 2-8 years to come to trial after perhaps $400,000 in expenses.

>>It just seems strange to this novice that if these patents are everything this board claims they are and this BOD has done nothing but hinder the gold rush then when is something going to get rolling like Filegate? Better yet, HOW and WHY was the Board's behavior tolerated for this long?

Initially, lack of paying attention. Now, lack of alternatives. Williams stated that he won a suit to allow the court to appoint a receiver and boot the BOD. He did not do that. No one else has tried to do it. Do you want to try?

>>With the value of these patents being estimated in, as some say, the tens or even hundreds of billions of dollars, even the most uneducated board, with the least amount of market experience, could have done a better job than this.

You assume good faith on the part of the BOD. That has never been demonstrated.

>>For the regulars that post here with some market experience, why not spend some of that valuable time shopping around for a contingency lawyer or an investor to get the company back on the pinks? While all of this is fairly entertaining, it is still an investment. If it's going to tank then let it tank. If it's worth fighting for then let's formulate a strategy and beat these crooks at their own game!

YES! Finally the point. There are almost 200M common shares outstanding. This message board represents a very small percentage of the total. At the risk of sounding like downsideup in all caps, WHERE ARE THE MAJORITY SHAREHOLDERS AND WHY HAVE THEY ALLOWED THIS CRAP TO CONTINUE? Educated guess: the shares are owned by company officers through trusts or secret deals or outright fraud and they do not want anything done to allow the company to succeed UNTIL THE REST OF US HAVE GIVEN-UP AND SOLD OUR SHARES. Then they can reap the billions of dollars CLYW is worth.

If you can suggest any way we can change this, I'm all ears.

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