Calypso Wireless (fka CLYW)

[sirhaggus]

Here is the text from the third page. I've re-typed it since I couldn't copy and paste it. Yeah for some reason it doesn't show up even when I re-uploaded it with a new file name.

...a "who cares" attitude of conscious indifference to the Company's legal obligations. The Company's long-standing non-compliance does not operate to put investors on notice. Nor can the stock's trading price be regarded as an accurate assessment of the Company's value in light of its legal troubles. The Company's statements in paragraph 6 of the Motion confirm that the Company's existing officers and directors could not be expected to bring the Company into legal compliance and that appointing the Receiver was necessary."

And it is signed by the Vice Chancellor and dated Feb. 13 2012