Something I find interesting is that in the memorandum opinion the judge talks about the latest settlement agreement including the daic parties receiving an additional 7 million shares. I don't know if that was actually in the agreement, but it presents a possible serious issue for x management if it was. Calypso is reportedly allowed 200 million shares and 198,996,576 were issued already, based on the number put out during the voting scam. So simple math, add the outstanding issued and the 7 million, it's over 200 million. The only way, I repeat "only way" to get more shares is with a shareholder vote. If the wording on the settlement agreement included these shares such that calypso would default if not issued, x Management has some serious problems, imo. Now we need to see the settlement agreement, which the receiver will be able to do. This issuance of these 7 million shares was not in the PR's nor SEC filing made by x management. Hmmmmmm. Was the 7 million actually in the agreement? Maybe someone that was at the court hearing can provide us that information. I would like to know: Were the 7 million in the latest settlement and what were the terms if they weren't issued? I don't want to speculate too much here, but at the time of the agreement signing, both parties knew or should have known, they could not comply with the issuance of an additional 7 million shares without a shareholder vote. So what does the settlement say about those 7 million shares? Maybe the judge was wrong in stating that was part of the settlement agreement, I don't know. I do believe this issue will be very important to get clarification on.
AI
