Replies to post #58694 on Calypso Wireless (fka CLYW)

[Eli's Gone]

Revocation is not the point here--and there has been no liquidation---yet---

assets greater than liabilities prior to dissolution/windup not revocation is the key..

this company will not be dissolved/wound up until it's assets are distributed---to the holders of that stock that you think we "used" to hold...

[drkazmd65]

The flaw in your point flaflyersfan,... is with your term 'used to hold the stock'.

I still hold stock in CLYW. It's just that the stock in CLYW (or more correctly termed the entity formerly known to trade under the symbol CLYW, - fka CLYW) is not sanctioned to trade in any SEC recognized market.

That's the difference you either haven't figured out for yourself, or that you chose to post mis-information about despite the fact you actually know this yourself.

I still hold stock in a company that currently finds itself in recievership. That company - whose affairs are being wound down by the Reciever - will eventually cease to exist. When the company ceases to exist - I assume its stock will be extinguished.

We ain't there yet though.