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HighRider

10/16/12 6:51 PM

#58595 RE: 1110133 #58593

Maybe I wasn't clear. I trust the receiver to do the right thing. I didn't even consider him as a person that would even be interested in doing what you are suggesting. I do not consider the judges order to allow that possibility.
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downsideup

10/18/12 1:38 AM

#58645 RE: 1110133 #58593

You'd still be hard pressed to make a case that it could ever be in his greater interest to ever WANT to have CLYW survive... as a going concern.

I can see how it might not be useful to have it be wound down... perhaps not even until after the last of the patents expires...

I expect it will all be resolved with a sale of the IP long before that, in order to better enable maximizing the value.

I agree with you that the receiver has far more power than others here are ready to concede... but, he has that power for a reason, and having the power still isn't much of a motive for opting to be stupid in what you choose to do with it.

I don't expect the receiver will suffer any of the degree of angst or the Stockholm Syndrome some here appear to want to wallow in.

CLYW was hijacked by sociopathic criminals early on... and, while they were finally defeated, any still holding shares now are damned lucky to have escaped being wiped out...

Still not a reason to fictionalize "the good old days" when CLYW was still operating... or to want to bring that abomination back to life...

There will be a hearing before the judge disposes of the case.

Shareholders should take advantage of the opportunity to present the judge with a hammer and wooden stake...