I again have to try and peer into the minds of the Board of Crooks. They had hundreds of millions -- if not billions -- of dollars in revenue just waiting to wash-over CLYW and make us all very rich. So what did they do? They suppressed the patent and tried to put the company out of business. There are only several possible explanations:
1. The BOC and officers are idiots.
2. The BOC had secret deals with monied interested parties to make themselves rich while stealing the company from its shareholders.
3. The officers had an on-going program of patent suppression to be paid for by the big cell companies and government regulators until the patent expires in 2021.
4. The government itself has suppressed the patent and company for its own reasons. The courts have been complicit.
I can't decide which is most likely, frankly. With scams like Boston DTox/Detox International robbing investors and then, when brought to the SEC, the government telling you to get lost, it's hard to be optimistic about government interaction with business.
The receivership judge has ruled that CLYW has always been a scam. It is too bad it took that long for that determination to be made. On the one hand, we own an extremely valuable piece of technology that is owed billions of dollars in back licensing, plus more billions in future licensing. Perhaps my biggest frustration is that with all this as fact, no one has been able to make any money for shareholders, so far. The most likely answer: patent suppression continues and the receiver is allegedly a buddy of the judge who appointed him to clean up the mess. On the other hand, anyone who can shake this loose will never have to work again. Their kids will never have to work. Their grandkids will never have to work. Isn't that incentive enough?
AI
