We still have a board of directors, although what they are doing these days is a good question. Probably spending all their time lawyering-up or dusting-off their passports. In fact, one issue is their alleged using of Company money to hire lawyers to defend them personally against personal wrongs they committed while company officers (i.e. the charge that Daic stole company money to fight his ex-wife in court). In just the recent court decision on Receivership, the judge has already found as a "statement of fact" massive wrong-doing by current and former officers and that Calypso was formed as a scam meant to defraud innocent investors.
In general, a plaintiff has 36 months after an alleged wrong (a "tort," or civil wrong) to bring suit for money damages and a finding of the defendant having been at least 51% at fault. Details vary by state. We need several pit-bull contingency lawyers and a class action suit against the "negligent." In the case of the Receivership itself, plaintiffs may also go after a Receiver they believe wronged them during the liquidation, although such is far less likely to be successfully pursued.
For now I'd suggest we wait with some patience for events to unfold.
