Until the Diac settlement was over with they really could not negotiate a deal not knowing the company's future. Just an outsider looking in objectively.
An if you look at the sec website there is a process for filing and claiming confidentiality, neither of which have been done as far as I can determine. Check the website.
This is a publicly traded company. Turrini, Pierce, Williams, Walsh can not keep this information secret unless approved by the SEC.
This is an example of what a confidentiality filing looks like. I do not find any similar filing by calypso.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION January 20, 2012 ORDER GRANTING CONFIDENTIAL TREATMENT UNDER THE SECURITIES EXCHANGE ACT OF 1934 UQM Technologies, Inc. File No. 1-10869 - CF#27472 _____________________ UQM Technologies, Inc. submitted an application under Rule 24b-2 requesting confidential treatment for information it excluded from the Exhibit to a Form 10-Q filed on October 27, 2011. Based on representations by UQM Technologies, Inc. that this information qualifies as confidential commercial or financial information under the Freedom of Information Act, 5 U.S.C. 552(b)(4), the Division of Corporation Finance has determined not to publicly disclose it. Accordingly, excluded information from the following exhibit will not be released to the public for the time period specified: Exhibit 10.1 through July 18, 2019 For the Commission, by the Division of Corporation Finance, pursuant to delegated authority: Daniel Morris Special Counsel
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