Calypso Wireless (fka CLYW)

[Cougar6]

My comments were less on the settlement itself and more on what I see as Williams' options or the next phase in the fight to stop management's attempt to seize unfettered control of the company. There was a lot of talk about the "nuclear option" of forcing a receivership. I guess just see a lot of intermediate steps that can be taken before going there. I also don't see that being a viable option until it is clear that the shareholders will receive no value because management has restructured the company so that they are the only ones who profit.

I am sure the settlement has issues. If all that is in it was what is stated in the PR then there would be no need to hide it until after the vote. I guess at this point I am assuming the settlement is only one of many issues that I have with the current management.

As long as management continues on their current course I can see no reason to support them. They have created the mess. They are wasting our money. They are not being honest or transparent. They could care less if this company ever comes off the greys because their ability to profit is not contingent on that happening. They are acting as if they own this company not the shareholders and fully expect the shareholders to give them the company with this vote.