Replies to post #54147 on Calypso Wireless (fka CLYW)

[Eli's Gone]

They have no option but to get the financial filings in order---it is the ONLY way to get off the grey sheets, becoming SEC compliant and DTCC eligible...the SEC is using the DTC as a tool to clamp down on this cesspool segment of the market--the list of affected companies is now about 300 and growing--some clearing firms and self-clearing brokers are refusing to "trade" these stocks...

seeing the settlement is another story...:-)

[OnceBitten]

Yea, kind of hard to show you are commiting fraud and not become a target, fully agree with you on that.

[downsideup]

The shoe fits...