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downsideup

10/04/12 4:43 PM

#58466 RE: On2_addict #58459

If I'm interpreting Delaware law properly, they may well opt to not act to wrap up the company's affairs and dissolve the company, until the last of the patents CLYW owns has expired. I don't think 923 is the only property that is at issue. And even after expiration, there are legacy rights which survive. The laser patent ?

Of course, I cannot possibly know what the receiver WILL opt to do... but, then, he probably doesn't know either, yet ? I don't expect him to be omniscient. That's reserved for IHub posters.

The receivers' charge from the judge, and his own interest, do not appear to be at odds with shareholders interest... as long as his interest is not put in conflict with the tasking from the judge.

Perhaps patience is easier... when you don't have an option. It's not like things would have gone better and faster for shareholders with the BOC instead of the receiver managing your interest, even if you're less certain now what that interest is.