Calypso Wireless (fka CLYW)

[Cougar6]

Releasing the patent to Calypso has nothing to do with the action in the Delaware court. Management already successfully filed the motion in court after the hearing and basically won the argument that the settlement predates the courts status quo order. Management also filed the encumbrance on the patent that requires us to pay Diac 28% of the T-Mobile judgment after the status quo order. The only thing stopping Diac from releasing the patent back to us is Diac, unless there is more in the settlement that allows him to keep the patent.

I was not referring to any action to stop the Forum. I was referring to an action to try to stop the vote. It was a motion made in the California court that was denied. The court would not get involved. I am unaware of any action to stop the Forum.