Yes i am a regular shareholder just like you but since my identity is known by all, I am not in the same boat and since I have been under agreement with the company in the past, and would like to continue to assist the company in the future, my actions and comments are scrutinized to a much higher degree.
It is true that what was discussed in court is a matter of public record, however, I was permitted to remain in the court room during certain parts of the testimony with the understanding that they would remain confidential. I have spoken to Calypso's attorneys yesterday about whether or not I can share details about the settlement that where testified about in court. The challenge is that these details were marked confidential in the settlement. Now if the judge chooses to NOT redact these details in the official transcript, then surely everyone has a right to see them. But if the judge does choose to redact the testimony surrounding the settlement, and I choose to share it publicly on this board, I could create a legal situation for the company with drago's lawyers.
At the end of the day, the settlement has been signed and dismissed and we are bound to it. No changes to the composition of the board are going to change that fact.
Now that probably upsets a lot of folks - me included. But after two days of thinking about it and speaking with attorneys, that is the decision I have made.
I will be securing an official transcript and will be the first one to let everyone know the details if they haven't been redacted by the judge.
AI
