Calypso Wireless (fka CLYW)

[throckmorton]

I don't think there was much downside for the Receiver to let this go forward. My guess is it is not demanding much of his time for now. The Matthews firm's bills are either being footed by Daic or there is agreement to work on contingency. I would doubt there is much for the Receiver to do until there is some money to distribute. And I think that only happens if this case is successful. The only real asset they have right now is the patent and that is probably worthless without a successful outcome in this case whether by jury or settlement of some sort. Doc said that the Receiver was in a hurry to leave the hearing. I think he is minimizing his time spent for now.