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zabone

03/01/12 11:27 AM

#55935 RE: Telco923 #55933

Someone just bought 175,000 shares at .03 in the last few minutes. They still must have hope.
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sirhaggus

03/01/12 11:55 AM

#55938 RE: Telco923 #55933

Great response - I think that pretty much clears it up for those of us who had questions. Appreciated.
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usandy

03/01/12 12:14 PM

#55940 RE: Telco923 #55933

Just one little correction to your post... the judge said the receiver was to first settle legitimate claims against CLYW and THEN provide the shareholders with the maximum value possible.
What a legitimate claim against assets of a sale is anyone's guess at this point.
If the patents sell for $100 million but $75 million of claims are allowed, our payday is dampened considerably.