The story is just repeating whats in the 10-K, which is the same thing that has been in the 10K's for a year or more.... of course...now they are actually in default on the loan to Marr....
"fool me once shame on you, fool me twice shame on me." seems appropriate.
or perhaps
Fool me time and time and time again... Welcome Calypte stockholder....
Or as Tim Clemensen once told a Calypte stockholder after the bubble burst in late 2003...
"Welcome to the world of penny stocks"
When Roger Gale stepped down as CEO last summer and Maxim Soulimov left in November the game was over. It has only been a holding pattern to get to April.
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