Calypso Wireless (fka CLYW)

[Cougar6]

Clearing title is going to be important. I am not sure criminal issues matter. In addition, anything criminal is exponentially harder to prove than the same thing civilly ... and civilly we get damages. It may be nice to think that people are going to jail but that is not going to get us a greater return.

As for what is best for the receiver (in billable hours), that is a real problem to which I have no great answer for. At least this attorney was not sued for being involved in a scam receivership (at least that I can find).

I believe the argument can be made that, if we have three years to wind down the company, we should continue to pursue the T-Mobile litigation with a contingency attorney. That settles the Diac issue (he gets his 28%) and puts us in a better situation to ultimately sell the patent.