Replies to post #36349 on Calypso Wireless (fka CLYW)

[conagra]

Wow. You could write a whole book on that. In very short, Daic, thru various scams, backed into shares in the company and in fact a very large share. Having said that, those shares are about to be taken away by the state courts after the BOD presents the evidence of Daic's scams and interference in the company's affairs. So he won't be around after the 1st of the new year. He'll be lucky in fact not to end up in jail, although that's where he belongs from everything I've heard.

[HighRider]

It's pretty well detailed in my prior posts and those of Ben Lurkin.

[downsideup]

I'd not argue with that... beyond noting that while it seems he acts exclusively in self interest rather than in common interest with shareholders, he doesn't act alone...

It is instructive to read the Nauru case...

Just Google "Daic Nauru" and you should find it pretty easily.