Calypso Wireless (fka CLYW)

[Cougar6]

No, because the opportunity presented itself. With Kyle and Drago coming a special relationship and Drago needing to form a new company to advance his foreign patents it is hard to say what may have transpired once ex-management was no longer in fear of independent director oversight.

Again, I don't know. It is just strange that a deal that had been executed so long ago is taking so much time to get to the court.

And no, I do not believe that it had anything to do with assigning the foreign patents. Maybe with who is going to pay for all those assignments. I am guessing we will have to, along with any other expense. Which means that we will have to authorize more shares (probably also done at the meeting) to sell to an investor (possibly DE Wine), but what I really expect is for management to try to secure more loans. We are mushrooms until the settlement is made public.

Unless the settlement is as advertised I don't see any of this as being good for the Shareholder.

JMHO