Replies to post #53518 on Calypso Wireless (fka CLYW)

[rainmaker]

Not to mention that in the same email from the Cali case that ElisComing references in Post #53511, in which Turrini requests Walsh's resignation, his justification for the request is an explicit diatribe in which Turrini cites Walsh's failure to perform his duties as the Chair of the Audit Committee, including a thorough outline of the duties Walsh failed to perform as Chair of that very committee. The one that is established in the company bylaws.

But now their argument is that the committee never existed because they don't have the meeting minutes from when they established the committee? Or was it that the committee was dissolved when Pierce became an officer so there were only two independent directors left to serve on a committee that never existed?

So what's the next story going to be? Turrini's dog ate the meeting minutes, the company charter, the "correct" proxy ballots and all of their legal responses?

[Eli's Gone]

I'd have to say KP knew about the committees LOL...

[HighRider]

And then Turrini allowed williams to file the 8k concerning the committees and never retracted them. Tacit approval in my book, as well as the emails Turrini sent indicating no problem. With the three members being williams, walsh and pierce, slam dunk. Game over. Turrini and pierce are fired as officers.