InvestorsHub Logo
icon url

TJG

07/26/13 9:13 AM

#34027 RE: doggone #34026

danced around question about license sales. Pretty clear there has been none!pretty clear to who, not us since it was never stated that there were no licenses, replied with the facts, so no concerns there Finally admitted NEEL is dead....Dog, who do they think they are foolin? If he was trying to fool someone he would have said NEEL is on going, but he did not, and again that was old company, this is not them, there focus is on the tech business...so no concerns there

The out line for the future of corewafer is solid and its a risk, like all Pinksheets are a risk..but the reward will be there when they succeed.... good enough for me.
icon url

Maria56

07/26/13 9:29 AM

#34030 RE: doggone #34026

who do they think they are foolin?


Not you and not me. Cyril said,

A very strong point I would like to make during this call. Despite a press release in 2012, there was no cash received by the company. It was only an equity reserve financing contract, based on volume of the trading and the share price.


Based on CWS's filings, this is CWS's only possible defense in the lawsuit with Sandia. In fact, I daresay, the entire purpose of the conference call was to put that out there publicly.

It is clear from the conference call that the lawsuit is NOT settled. How much stating publicly that CWS gotz no money will help them remains to be seen. When CWS settled with Sandia last year and released PRs saying as much and even violated the confidentiality of the settlement by allowing WAfR to publicly state the terms of the settlement, it was a reasonable assumption that CWS COULD pay. If they couldn't, they should have made a different settlement or none at all.

This should be quite clear to the judge who hasn't ruled on the motion to order CWS to show cause why they should not be held in contempt, a motion to which CWS did NOT file a response, thereby admitting contempt by default.

As for the other TWO actions in the case with Sandia, CWS dropped the ball on their motion and last word from the Court of Appeals was that CWS had not filed the Docketing Statement required to pursue the appeal.