Calypso Wireless (fka CLYW)

[Cougar6]

The settlement and the purchase of the IP needs to be seperate, otherwise Diac gets 28% of the patent which he would not get if it is not rolled into the settlement.

Another factor to consider is that there will not be a payout for at least two more years. I believe the law requires that the company stay open that long to allow any creditors to make claims against the company. The receiver will not be able to make final distributions to shareholders until that period is over. I am open to other interpretations of the law, but I am pretty sure that is what it says.