Replies to post #58492 on Calypso Wireless (fka CLYW)

[Cougar6]

If I had to guess, which is really all I can do, the receiver accepted (or has not actively contented it) the deal and Drago owns the foreign patents.

[On2_addict]

Exactly!! Deals made by an unelected BOD are not valid in any court of law. You cannot reward your friends if you were never elected by shareholders. All such deals are null and void.

[litton51]

The alleged receiver -- let's call him "Skippy" in the absence of any evidence he actually exists or has done any work for CLYW -- may or may not -- if he exists -- have decided what bogus extorted settlements made between the CLYW Board of Crooks and Daic are valid. We have no idea, of course, eight months after being placed into receivership. Just more spice for the Calypso Sauce. We do have documentation that Daic somehow got a 1/10 of one percent ownership of the patent (Skippy has failed to provide any documentation or information of this allegation, either). That being the case, Daic has standing to pursue the TM case as a plaintiff. He also allegedly holds millions of shares- we don't know because Skippy has failed to make any ruling on that issue. If he is allowed to keep the tens of millions of bogus shares he was gifted by the BOC, he stands to make a fortune when the dust settles, CLYW is rolled-up, and the assets of the TM trial and patent sale are distributed. He was also given all non-US rights to the patent by the BOC in their final, monstrous and possibly unlawful "settlement" of December, 2011. That would net Daic billions of dollars -- perhaps hundreds of billion over the next 15 years. Not us; him.

That's about it.