Calypso Wireless (fka CLYW)

[Visnusahasranama]

Kyle mentioned at the forum that there was a way to make up for all the missing filings in one special filing. They have been working hard trying to complete all the financials for IRS and for our compliance with the SEC. Kyle had been trying to get them from Dave since at least May, without success, until shareholders put money together to pay for Daves demands.

The way I see it Delaware courts want their companies to succeed and want the persons who are suppose to be managing the companies to actually be managing them.

So whatever the Judge rules on should be beneficial to us as shareholders. From what I see in the exhibits it's not looking good for Dave at all. And just by the fact that he motioned to have Ed Walsh appointed as trustee in receivership proves that he doesn't care at all about this company succeeding. Ed Walsh, the guy who refused to do the financials as he is a CPA because he didn't have time.

What Dave did in California court when company was seeking provisional director was Frivolous. Everything he does is Frivolous.

Dave's intentions for the company are greatly revealed in the exhibits. He refuses to comply with a court order saying such meeting was impossible to be held. He talks about de-listing the company. And there's an instance which seems to look like insider trading with Ed Walsh.

Dave set us back 3-4 months to comply by keeping the docs hostage and now he is setting us back again with this case. Like Turrini said this company is working on life support. And so it seems that they are looking to resume the T-mobile case as he asked the judge if it would be considered normal operations. But I guess that will be set back cause any money the company did have for Financials or Tmobile case they must now use the money to retain Delaware counsel.

So when all this is done after February 1st we should expect to see the good times rolling. And the only lawsuits well be seeing is for patent infringement.