Replies to post #37867 on Calypso Wireless (fka CLYW)

[deet49]

my understanding is for all purpose and intent the 2008 agreements stand and will be upheld and the patten proceeds starting with a deal T-Molble makes with CLYW and any deals made in the future will be split 25% drago and 75% CLYW

[conagra]

They can't reverse the original judgement, this case is limited to just breach of the 2008 agreement, so you need to get that out of your head. Even if Daic is found in breach of the 2008 agreement, that just means that we go back to the company owing him the $100 million dollar settlement. So now we have to negotiate a new agreement, or try to re-open the settlement. So in either case, he doesn't go away, even if he loses this state case. So TM has to be looking at that and saying to themselves we might want to delay the Fed case until they finally get rid of Daic. TM could draw this thing out for years.