Calypso Wireless (fka CLYW)

[Visnusahasranama]

The receiver will most probably look through the records and conduct his own investigation. Then if fit will choose to sue them. The receiver may choose an alternative not limited to dissolving.

Judge didn't seem to happy that Dave knew about having the shareholders meeting and never told anyone so. In his statement it says Calypso knew and never sought... Also he didn't seem to happy about the 60-80k that was raised by the glooming website created and the insider trading between Ed and Dave. And then stated that

Delaware has a powerful interest of its own in preventing the entities that it charters from being used as vehicles for fraud

.

So ultimately a receiver is what we got and since the company has or is close to finishing the financials and getting into compliance the receiver can and may decide something other than the sale of the patent since the revenues can exceed billions over time. What he has to do is pay all monies owed and come up with a plan to do so.

I just can`t wait to hear what the receivers plan is.