Blue Calypso Inc. (fka BCYP)

[benandemmiboo]

I think this is a gross exaggeration:

$235K when everyone was predicting millions.
This is a statement of fact.

People simply may have expected the 10Q to be more open than it was and that we'd have a better understanding of the Living Social settlement.

I don't think we have any real understanding of the settlement right now. Merriman seemed to value BCYP 30 cents on their Living Social settlement alone; it could be possible they're pumping the stock (as they're invested), and perhaps they are totally clueless, but it's also possible they have a greater awareness of the settlement, and that EDVA too is being honest, not misleading, when he/she suggests the settlement still might well be significant.