| CLYW - Calypso Wireless, Inc. and all related news from the wireless sector.
US firm wins wide area roaming patent
PCTEL claims it owns 'fundamental patent'
Robert Jaques, vnunet.com 16 Nov 2006
US wireless firm PCTEL claimed today that the US Patent and Trademark Office has granted it a "fundamental patent" covering roaming across different types of wireless network.
PCTEL's Roaming Client permits wireless subscribers to roam from cellular to Wi-Fi networks while maintaining data and voice calls.
According to the firm, the newly granted patent describes techniques for automatic and manual switching of data and voice calls from one network type to another.
PCTEL had previously announced that the Patent Office had communicated its intention to grant the patent. Official notification was provided on 7 November.
US patent 7,133,669 is entitled Systems and Methods for Seamless Roaming Between Wireless Networks, and is described as a technique for the seamless switching of a wireless device between wireless wide area and local area networks.
Marty Singer, chairman and chief executive at PCTEL, said: "While we are committed to protecting our technology and inventions, we also have a history of making our technology available to the industry."
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CLYW is a stock selling scam that has had former officers accused of fraud.
Since 1997 Calypso has had no revenues from the sale of any product.
If I had been given free shares I would dump them.
If you need a write-off by all means buy it.
Robert Leon the inventor of the patent is gone and is selling all the shares he can as fast as he can.
On December 6, 2005, Robert Leon, the Company's former Chief Technology Officer, commenced an action against the Company seeking additional compensation and reimbursement of certain expenses. The Company believes that it has fully complied with all of its obligations to Mr. Leon and does not expect the outcome of the action to materially adversely effect the Company.
George Schilling the former CEO has lost his memory according to his public statements and remembers no transactions while he was president.
Calypso has changed accounting firms more often than they have recorded any legitimate deals.
Do your own DD and by all means do not listen to the Calypso employees posting on other boards telling you to buy this over-hyped, high risk, stock selling, no revenue, PINK SHEET POS company!
2005 10-K
"To date the Company has not generated any revenue related to the sale of the Company's products, however the Company entered into a distribution agreement with Franc Telecom, LTD." (05/06/2005)
"The Company requires approximately 7 million to complete the manufacturing process and begin shipment of the products." (05/06/2005)
"The Company expects to begin shipping its products during the fourth quarter of 2005." (05/06/2005)
2004 10-K
"We generated $395,867 of revenues during the year ended December 31, 200[3]." (04/19/2004)
"The Company needs an additional $5 million to complete the process and begin shipment of the products." (04/19/2004)
"The Company expects to begin shipping of its products during the third or fourth quarter of 2004." (04/19/2004)
"The Company signed a one-year $5.2 million contract with C.G.E. Distributors Corp. to deliver its smart real-time two way video conferencing cellular phones, WLAN Access Point and networks software products." (04/19/2004)
2003 10-K
"The Company needs an additional $5-7 million to complete the process and began shipment of the products." (07/02/2003)
"The Company expects to begin shipping of its products during the fourth quarter of 2003." (07/02/2003)
"The Company signed a three-year $500 million contract with a major telecommunication carrier (China Telecom) to deliver its smart real-time video cellular phones..." (07/02/2003)
The Calypso Wireless Rhetoric Machine
by...sugarpea29
Calypso Wireless has been misleading the investing public for years, providing what seem to be false and misleading announcements, announcing contracts that have not been fulfilled, announcing field trial installation agreements for years that can not be verified and have not led to any revenue, and announcing that they are attending certain conventions and trade shows only to find out that their attendance can not be verified or that they produced absolutely no news by being there. What is Calypso Wireless about exactly? It doesn't appear to be honesty and it doesn't appear to be revenues for their business according to their track record of statements. Take a look below for yourself!
Alleged Contracts and Field Trials
(neither of these have been fulfilled)
China Telecom ($500 million contract with product to be delivered 4th quarter, 2003)
Estesa, a Latin America internet service provider (network components, video phones, and WLAN access points to be delivered 4th quarter, 2003)
Field Trial Agreements
(none of these have been verified and no revenue has been recorded to date) What happened at these field trials? Were they successful or not? Why hasn't Calypso Wireless provided any further information on these? How could they be conducting field trials when they just announced in 2005 that prototypes were available?
Enitel (field trial installation agreement…announced 4th quarter, 2003)
Nocable (field trial installation agreement with successful completion in approx. 90 days they were to enter into negotiations to deliver cell phones and licensing of ASNAP technology…announced 4th quarter, 2003)
MobiFon (field trial installation agreement…upon successful completion expect to receive contracts for delivery of product…announced 2nd quarter, 2004)
Nedetel (deploying ASNAP technology…announced 2nd quarter, 2004)
“Non-disclosure” field trial installation agreement with a large mobile carrier in Europe (announced 2nd quarter, 2004) Was this Franc Telecom?
Sleipner field trial installation agreement…expect contracts for delivery of product and licensing of technology upon successful completion (announced 2nd quarter, 2005) (The successful phone demonstration was announced in 3rd quarter, 2005)
Conecel America Movil…expect contracts for delivery of product and licensing of technology upon successful completion (announced 2nd quarter, 2005)
Ecuador Telecom…delivery of phones is expected by the fourth quarter of 2005 (announced 2nd quarter, 2005)
Servinova field trial installation agreement (announced 3rd quarter, 2005) network testing began in August and successful field trial announced 09/28/05
Linkotel field trial installation agreement (announced 3rd quarter, 2005)
Distribution Agreements
(neither of these have been verified and neither has led to any revenue) (As a matter of fact, no one has shown that these two companies actually exist or are real companies in this forum)
CGE Distributors (revenue to begin in fourth quarter, 2004…announced 2nd quarter, 2004)
Franc Telecom, LTD. is to distribute video conferencing mobile telephones. Calypso expects to begin realizing significant revenue from this by the fourth quarter, 2005 (announced 2nd quarter, 2005)
Announcements
(none of these can be verified, no revenue has been produced, and some of these might be considered down right false and misleading statements)
Plan to start the process to be listed on the Nasdaq market (2003)
In negotiations with one of the largest cable companies in the U.S. to license and purchase ASNAP technology and related products (2003)
“During the third quarter 2003, the Company generated $395,867 of revenues, which relates to equipment being shipped for field testing purposes. The Company expects to be in full operations during the first quarter of 2004...The Company signed a three-year $500 million contract with a major telecommunication carrier (China Telecom) to deliver its smart real-time video cellular phones, and is currently negotiating additional procurement agreements to deliver the cellular phones. The Company expects to begin shipping of its products during the fourth quarter of 2003.”
Filed an application to be listed on the OTC Bulletin Board (4th quarter, 2003)
Filed an application to be listed on the American Stock Exchange (1st quarter, 2004)
“The Company signed two procurement agreements to deliver its smart real-time two-way video conferencing cellular phones, and is currently negotiating additional procurement agreements to deliver the cellular phones. The Company expects to begin shipping of its products during the third or fourth quarter of 2004." (1st quarter, 2004)
In negotiations with one of the largest software companies to incorporate ASNAP into their OS (announced 2nd quarter, 2004)
Started negotiations with one of the major ODM companies (announced 2nd quarter, 2004) Was this RV Tec?
In negotiations with one of the major internet service providers (announced 2nd quarter, 2004) Was this Estesa?
Prototypes available for field trials (announced 2nd quarter, 2005)
Successfully completed a demonstration with Ecutel (announced 3rd quarter, 2005)
Releases the Calypso ASNAP Session Controller – the first open source seamless mobility solution to hit the market, according to Calypso Wireless (announced 1st quarter, 2006)
Acquisitions Announced (No one has yet to show that either of these two companies have produced any revenues) What are these two companies about?
RV Technology Limited (announced equity interest had been acquired with an option to buy) (3rd quarter, 2005)
Sleipner (announced 4th quarter, 2005)
Conventions Announced
(no evidence that Calypso Wireless attended/intends to attend any of these shows)
Boston Expo Voice over Net Convention (announced 3rd quarter, 2005)
Microsoft SMAU 2005 trade show (announced 4th quarter, 2005) (Sleipner was invited by Microsoft to demonstrate seamless mobility software)
3G World Congress in Hong Kong (RV Technology was invited by Intel to demonstrate phones…announced 4th quarter, 2005)
3GSM World Congress trade show (announced 1st quarter, 2006)
CTIA Wireless trade show (announced 1st quarter, 2006)
VON Spring 2006 Conference & Expo trade show in San Jose, California (announced 1st quarter, 2006)
Purchase Orders Announced (Calypso Wireless has announced purchase orders in the past that never came to fruition...will these?
Inversiones ($16.2 million for C1250i phone) (announced 4th quarter, 2005)
Inversiones (1.05 million euros for Calypso-Sleipner software) (announced 4th quarter, 2005)
Servinova ($2.02 million for C1250i phone) (announced 4th quarter, 2005)
Servinova ($2.28 million for C750 phone) (announced 1st quarter, 2006)
Centconet ($23.3 million for C1250i and C750 phones) (announced 1st quarter, 2006)
Revenue Recorded To Date
$0 (they actually recorded some revenue in 2003 when they were acting like they were fulfilling orders, but later that revenue was taken off the books with no explanation provided...quite strange when they just announced that they had prototypes available for demos in 2005)
by: trueMagoo on I-Hub
How many times with how many PR's did Calypso tout successful field trials with their Asnap program?
ASNAP does not work in a public venue or practical application so just how many lies has CLYW published?
Why does Calypso today continue to obfuscate the true nature of ASNAPS performance?
For those that continue under the delusion the patent has some value then why CoMob?
Why do longs continue to avoid George Schillings published letter attesting that he has lost his memory to all transactions while he was president?
Ask yourself why, why, why you continue to hold this scam?
The answer is that you really are Mr. Magoo you see the world as you dream it should be and refuse to put on your glasses and see Calypso as it really is.
Shame on you for being so obtuse and as your bank account continues to feel the pinch let me add this from the #1 pumping long.
Plaintif2000 wants a better façade for CLYW he thinks investors merit it.
See meaning #2
“fa•çade
fa•çade also fa•cade (fe-säd¹) noun
1. Architecture. The face of a building, especially the principal face.
2. An artificial or deceptive front: ideological slogans that were a façade for geopolitical power struggles.
[French, from Italian facciata, from faccia, face, from Vulgar Latin *facia, from Latin faciês.] ”
I can’t think of a better definition of Calypso because it is a false deceptive pink sheet stock selling scam!
BY nlightn
looks like the company has a few more individuals peeved at them
from their Q:
LEGAL PROCEEDINGS
"On April 1, 2005, the Company terminated the services of the law firm of Sears & Crawford for not performing up to the company's expectations and a possible conflict of interest. Sears & Crawford commenced an arbitration seeking their legal fees and the Company has answered that Sears & Crawford is not entitled to fees claimed because performance was only limited. On November 5, 2004, Draico Daic d/b/a Tribeca Inc., filed a lawsuit against the Company, which is pending in Houston Texas. The Company's is in settlement negotiations in both cases does not believe that the outcome will materially adversely effect the Company."
"(i'd say its fair to say that RL did not leave the company under the catagory of Good Feelings. so much for RL traveling overseas for CLYW as was once suggested by asnap. r-i-g-h-t)"
by: bbaazzuurraahh In reply to: wiredog
Based from your posting below
"...Tony Drake, an outsourced consultant for Calypso wireless gave a good example to MobileMag of how the technology works. “If a wireless subscriber on T-Mobile walks into a Verizon network, T-Mobile will get a bill at the end of the month, if the T-Mobile subscriber uses Verizons network then at the end of the month they will calculate the usage difference to find out who owes who.”"...
This is impossible, T-Mobile is using GSM while Verizon is CDMA there is no such thing as GSM to CDMA interop yet...this just shows how little knowledge this guy has...also, even Sprint which uses CDMA could not roam in a Verizon's network even though both uses the same technology...If you are seeing PRs like this then I guess this is a sign to stay away from this stock...
Calypso Wireless HYPE list.
"Calypso startled the telecommunications world in February when it announced that it had signed a $500 million contract to deliver mobile phones and network systems to China Telecom (NYSE:CHA - News)." (February, 2003)
"Calypso Wireless Inc. ( CLYW ), the premier broadband wireless device and technology manufacturer that is making the cellular real-time video phones of the future today, announced today that it intends to file an application to become listed on the Nasdaq Market by the end of 2003. An SEC certified auditing firm is currently in the process of auditing the company's financial statements. Upon completion, Calypso plans to immediately start the process leading to an application to become listed on the Nasdaq Market." 05/07/03
"The Company signed a three-year $500 million contract with a major telecommunication carrier (China Telecom) to deliver its smart real-time video cellular phones, and is currently negotiating additional procurement agreements to deliver the cellular phones. The Company expects to begin shipping of its products during the fourth quarter of 2003." (10KSB Filing: 07/02/03)
"Mark Sujo, vice president of sales of Calypso Wireless Inc., stated: "We are aggressively pursuing new contracts in order to be able to launch our proprietary technology in several markets at once." 07/28/03
"Calypso Wireless Inc. ( CLYW ), the premier broadband wireless device and technology manufacturer that is making the real-time video cellular phones of the future, announced today that it is scheduled to commence during the fourth quarter of this year, the installation on the mobile carrier network, for the US$500 million contract with China Telecom ( CHA ), a world class telecom carrier, for the delivery of Calypso's cellular broadband real time video phones." 08/01/03
"Calypso Wireless Inc. ( CLYW ), the premier broadband wireless device and technology manufacturer that is making the real-time video cellular phones of the future, announced today that it is scheduled to commence the delivery of Calypso's Network Components, cellular broadband real time video phones and WLAN Access Point, during the fourth quarter of this year on the carrier network of Estesa, a Latin America internet service provider." 09/22/03
"Calypso Wireless Inc. (OTC:CLYW - News), the premier broadband wireless device and technology manufacturer that is making the real-time video cellular phones of the future now, announced today that it has a signed a field trial installation agreement with Enitel, a mobile carrier partially owned and operated by Swedtel (Nasdaq:TLSN - News) - a Sweden-based telecommunications consulting company and a mobile operator." 10/01/03
"Calypso Wireless, Inc. (OTC:CLYW - News), has received revenues on its orders for the upcoming delivery of its real-time video mobile phones, WLAN Access Point and network equipment." 10/14/03
The above statement is totally false according to Calypso's own 10K's. Calypso to this date has never recorded any revenues from a sale of a company produced product!
"Calypso Wireless Inc. ( CLYW ) announced today it has signed a field trial installation agreement with Nocable SpA...The field trial will be conducted on Nocable's and the local mobile operator's network. We expect this field trial to start within the next 60 days and conclude within 30 days after it starts. Upon successful completion, we will then enter into negotiations to deliver our cell phones and license our ASNAP(TM) technology to Nocable," says Mark Sujo, Vice President of Sales of Calypso Wireless, Inc." 11/19/03
"Calypso Wireless, Inc. ( CLYW ), announced today that the company is in negotiations with one of the largest cable companies in the U.S. to license and purchase Calypso's ASNAP(TM) technology and related products to the cable company." 11/20/03
"During the third quarter 2003, the Company generated $395,867 of revenues, which relates to equipment being shipped for field testing purposes. The Company expects to be in full operations during the first quarter of 2004...The Company signed a three-year $500 million contract with a major telecommunication carrier (China Telecom) to deliver its smart real-time video cellular phones, and is currently negotiating additional procurement agreements to deliver the cellular phones. The Company expects to begin shipping of its products during the fourth quarter of 2003." (10QSB Filing: 12/01/03)
"Calypso Wireless intends to announce its expanded and revised business model in January." 12/11/03
"Calypso Wireless, Inc. (Other OTC:CLYW), announced today it has filed an application to become listed on the OTC Bulletin Board." 12/11/03
"Calypso Wireless, Inc. ( CLYW ), announced today that the company has joined the Wi-Fi alliance..." 02/09/04
"U.S. Patent Office Grants Calypso Wireless a Patent for Technology that Allows Mobile Devices to Seamlessly Switch Between Wi-Fi and Cellular Networks" 02/25/04
"We have already signed several agreements to install field trial equipment, which we hope will lead to orders for both handsets that include our technology as well as the related network equipment and the software that facilitates it," says Davila. 02/25/04
"Calypso Wireless, Inc. (Other OTC:CLYW), announced today that it is in the process of contacting all major OEMs in the wireless industry to notify them of the patent that could have a significant and immediate impact on the development of the industry" 03/03/04
"Calypso Wireless, Inc. (Pink Sheets:CLYW) announced today it has filed an application to become listed on the American Stock Exchange (AMEX)." 03/12/04
"The Company needs an additional $5 million to complete the process and begin shipment of the products. Our material funding requirements of $5 million includes working capital, marketing costs, acquisition costs, general and administrative costs, and the purchase of inventory and technology.
The Company signed two procurement agreements to deliver its smart real-time two-way video conferencing cellular phones, and is currently negotiating additional procurement agreements to deliver the cellular phones. The Company expects to begin shipping of its products during the third or fourth quarter of 2004." (10KSB Filing: 04/19/04)
"Calypso Wireless Inc. (Pink Sheets:CLYW), the premier broadband wireless device and technology manufacturer that is making the real-time video conferencing cellular phones, announced today that it has signed a field trial installation agreement with MobiFon...A spokesperson for Calypso Wireless said that upon the successful completion of the field trial the company expected to receive contracts for the delivery of its products and licensing of its ASNAP technology throughout Vodafone's worldwide network." 05/03/04
"Calypso Wireless, Inc. ( CLYW ) announced today it has opened a research and development (R&D) center in Akron, Ohio. The facility will play a key role in overseeing the production of Calypso's real time two-way video conferencing cellular phones and other mobile devices utilizing Calypso's revolutionary patented ASNAP(tm) technology." 05/04/04
"Calypso Wireless, Inc. ( CLYW ), announced today that the company is proceeding with the deployment of its patented ASNAP(tm) technology with Nedetel S.A." 05/10/04
"Calypso Wireless, Inc. ( CLYW ), in the effort, to make ASNAP(tm) the de facto standard, is in negotiations with one of the largest software companies to incorporate ASNAP(tm) technology into their OS (Operating System)." 05/12/04
"Calypso Wireless, Inc. ( CLYW ) recently started negotiations with one of the major ODM (Original Design Manufacture) companies." 05/17/04
"Calypso Wireless, Inc. (Pink Sheets:CLYW) is in negotiations with one of the major Internet Service Provider companies." 05/24/04
"Calypso Wireless Inc. (Pink Sheets:CLYW) announces today that it has signed a field trial installation agreement under "non disclosure" with a large Mobile Carriers in Europe for their real-time video conferencing cellular phone using Calypso' ASNAP(tm) patented technology." 05/27/04
"Calypso Wireless, Inc. (Pink Sheets: CLYW) announced it is on track to conduct initial field trials of handheld wireless devices using its patented ASNAP(tm) during the fourth quarter of this year." 07/13/04
“Calypso Wireless, Inc. (Pink Sheets:CLYW), an emerging leader in advanced wireless telecommunications technology announced today that prototypes for its dual mode, Wi-Fi - GSM-GPRS handsets, the C1250i, that run on the Intel (INTC) PXA chipset solution are available now. Calypso Wireless expects to conduct demonstrations and commence field trials with Mobile Carriers in the US, Europe and Latin America, with whom it has already signed NDA's and Field Trials Agreements.” 05/16/05
“Calypso's team, led by the President and Chief Executive Officer, George Schilling, is scheduled to conduct demonstrations of the company's C1250i Wi-Fi cellular phone to different Mobile Carriers in US and Europe within the next few weeks.” 05/16/05
“Calypso Wireless, Inc. (Pink Sheets: CLYW), an emerging leader in advanced wireless telecommunications technology announced today that the company has entered into an exclusive distribution agreement with London, England-based Franc Telecom, Ltd. to distribute its real time two way video conferencing broadband WiFi-GSM/GPRS mobile telephones in the United Kingdom (U.K.). Calypso expects to begin realizing significant revenue under this agreement by the 4th quarter of this year.” 05/18/05
“Calypso's team is scheduled to conduct demonstrations of the company's C1250i Wi-Fi cellular phone to Franc Telecom's potential customers next week in London. The parties expected to be present for this demonstration include a variety of both cellular carriers and large retailers. The delivery of phones is anticipated to begin during the fourth quarter of 2005.” 05/18/05
“Calypso Wireless Inc. (Pink Sheets:CLYW), the premier broadband wireless device and technology manufacturer that is making the real-time two-way video conferencing cellular phones, announced today that it has signed a field trial installation agreement with Sleipner SA, (Sleipner) an Italian-based telecommunications company…"We expect contracts for the delivery of our products (such as Calypso real time two way video conferencing cellular phones, WLAN Access Points and related hardware) and licensing of our ASNAP(tm) technology, upon the successful completion of the field trial," says Alfredo Sarrazin, Vice President of Sales of Calypso Wireless Inc.” 06/01/05
“Calypso Wireless Inc. (Pink Sheets: CLYW), the premier broadband wireless device and technology manufacturer that is making the real-time two-way video conferencing cellular phones, announced today that it has signed a field trial installation agreement with Conecel' America Movil, S.A. de C.V. … "This is a landmark agreement for Calypso Wireless. We expect contracts for the delivery of our products (such as Calypso real time two way vide conferencing cellular phones, WLAN Access Points and related hardware) and licensing of our ASNAP(tm) technology throughout America Movil' Conecel network, upon the successful completion of the field trial," says Alfredo Sarrazin, Vice President of Sales of Calypso Wireless, Inc.” 06/07/05
“Calypso Wireless Inc. (Pink Sheets: CLYW), the premier broadband wireless device and technology manufacturer that is making the real-time two-way video conferencing WiFi-GSM-GPRS cellular phones, announced today that it has signed a field trial installation agreement with Ecuador Telecom … We expect contracts for the delivery of our dual mode GSM-GPRS-WiFi cellular phone incorporating our ASNAP(TM) patented technology and network software, upon the successful completion of the field trial," says Alfredo Sarrazin, Vice President of Sales of Calypso Wireless Inc. … "Calypso is scheduled to conduct demonstrations of the company's C1250i Wi-Fi cellular phone by the fourth week of July. The delivery of phones is anticipated to begin during the fourth quarter of 2005," says Sarrazin.” 06/15/05
“Calypso Wireless, Inc. (Pink Sheets:CLYW), an emerging leader in advanced wireless telecommunications technology, announced today that they have successfully completed a demonstration with Ecutel.” 07/05/05
“Calypso Wireless Inc. (Pink Sheets:CLYW), an emerging leader in advanced wireless telecommunications technology announced today that it has signed a field trial installation agreement with Servinova Cisco Systems (CSCO) registered partner.” 07/06/05
“Calypso Wireless, Inc. (Pink Sheets:CLYW), an emerging leader in advanced wireless telecommunications technology announced today that it has started demonstration with mobile carriers for its dual mode, Wi-Fi/GSM-GPRS VoIP cellular phone, the C1250i that runs on Intel (INTC) PXA chipset solution and are available now.” 07/22/05
“Calypso Wireless, Inc. (Pink Sheets:CLYW), an emerging leader in advanced wireless telecommunications technology announced today that it has signed a field trial installation agreement with Linkotel for its dual mode C1250i, Wi-Fi/GSM-GPRS VoIP cellular phone. The field trial will be conducted by Servinova, Cisco Systems (CSCO) registered partner company.” 07/26/05
“Calypso Wireless, Inc. (Pink Sheets:CLYW), an emerging leader in advanced wireless telecommunications technology, announced today that Servinova Cisco Systems (CSCO) registered partner company, has started the network testing using Cisco Aironet Access Point with Calypso dual mode C1250i, Wi-Fi/GSM-GPRS VoIP cellular phone.” 08/05/05
“Calypso Wireless, Inc. (Pink Sheets:CLYW), a leader in advanced wireless telecommunications technology announced today that it has acquired an equity interest in RV Technology Limited, Hong Kong ("RV Tec") with an option to buy the company.” 08/15/05
“Calypso Wireless Inc. (Pink Sheets:CLYW), a leader in advanced wireless telecommunications technology announced today that it has successfully completed demonstration of its C1250i dual mode WiFi-GSM-GPRS VoIP cellular phone that runs on Intel (INTC) PXA series application processor and Microsoft WinCE 5.0 (MSFT) with Sleipner SA, (Sleipner) an Italian-based telecommunications company.” 08/24/05
“Calypso Wireless Inc. (Pink Sheets:CLYW), a leader in advanced wireless telecommunications technology, announced today that it will demonstrate its C1250i dual mode WiFi-GSM-GPRS VoIP cellular phone that runs on Intel PXA series application processors and Microsoft WinCE 5.0 with Sleipner SA, (Sleipner -- News) an Italian-based telecommunications company, at the Boston Expo Voice over Net convention.” 09/13/05
“Calypso Wireless, Inc. (Pink Sheets:CLYW), a leader in advanced wireless telecommunications technology, announced today that it has retained Mr. David Davila to serve as Calypso's President and Chief Executive Officer in order to bolster Calypso's ability to deliver its product to market and enforce its patent rights. Former Calypso president David Davila, who led Calypso to its successful attainment of its ASNAP(tm) patented technology, for which it was granted U.S. Patent #6,680,923 titled "Communication system and method" (http://www.uspto.gov search U.S. patent number 6,680,923), which covers the seamless roaming of voice, video and data between Wide Area Network access points, such as cellular towers (GSM/GPRS/EDGE, CDMA, WCMDA etc.) and short-range Internet access points (such as Wi-Fi, Bluetooth, etc.) is returning as President and CEO.” 09/21/05
“Davila replaces interim president George Schilling, who will return to serving Calypso in a consulting capacity after having led Calypso during a transitional period. "I am looking forward to leading Calypso as its makes a successful transition from a development company to a fully operational marketer of our dual mode Wi-Fi-GSM-GPRS VoIP cellular phones," said David Davila, President and CEO of Calypso Wireless Inc.” 09/21/05
“Calypso Wireless, Inc. (Pink Sheets:CLYW), a leader in advanced wireless telecommunications technology, announced today that it has demonstrated its C1250i dual mode WiFi-GSM-GPRS VoIP cellular phone that runs on Intel (INTC) PXA series application processor and Microsoft WinCE 5.0 (MSFT) with Sleipner SA, (Sleipner) an Italy based telecommunications company, at the Boston Expo Voice over Net convention.” 09/22/05
“Calypso Wireless Inc. (Pink Sheets:CLYW), a leader in advanced wireless telecommunications technology, announced today that it was honored last Wednesday September 21, 2005 with the Wi-Fi Technology of the Year Award at the Excellence in Mobile Communications Awards Banquet, sponsored by Frost & Sullivan.” 09/26/05
“Calypso Wireless Inc. (PINK SHEETS:CLYW), a leader in advanced wireless telecommunications technology announced today that it has successfully completed a field trial agreement of Calypso ASNAP(tm) patented technology (U.S. Patent #6,680,923) with it's C1250i dual mode WiFi-GSM-GPRS VoIP cellular phone conducted by Servinova, a Cisco Systems (NASDAQ: CSCO - News) registered partner company.” 09/28/05
“Calypso Wireless, Inc. (PINK SHEETS:CLYW), a leader in advanced wireless telecommunications technology announced today that it signed an agreement to acquire Sleipner S.A, ("Sleipner") a Milan, Italy based company at the forefront of development and design of software for wireless handheld devices.” 10/17/05
“Sleipner S.A., a Milan based, wholly owned subsidiary company of Calypso Wireless Inc (PINK SHEETS: CLYW), announced today that Microsoft has invited Sleipner SA to demonstrate the Sleipner - Calypso CoMob ASNAP(TM) seamless mobility software solution at the Microsoft new technology area for Mobile Communications at the Microsoft SMAU 2005 trade show in Milan Italy.” 10/26/05
“Calypso Wireless, Inc. (PINK SHEETS: CLYW), a leader in advanced wireless telecommunications technology announced today that it has received a purchase order for US$ 16.2 Million dollars from Inversiones CCS SA, for the delivery of the Calypso C1250i Dual Mode WiFi-GSM-GPRS VoIP cellular phone, which runs on Intel (INTC) PXA series application processor and Microsoft WinCE 5.0 (MSFT) operating system.” 11/01/05
“Calypso Wireless, Inc. (PINK SHEETS: CLYW), a leader in advanced wireless telecommunications technology announced today that it has received a purchase order for US$ 2.02 Million from Servinova, a Cisco Systems (CSCO) registered partner company, for the delivery of the Calypso C1250i Dual Mode ASNAP(TM) patented technology (U.S. Patent #6,680,923) WiFi-GSM-GPRS VoIP cellular phone, which runs on Intel (INTC) PXA series application processor and Microsoft WinCE 5.0 operating system.” 11/02/05
“Calypso Wireless, Inc. (PINK SHEETS:CLYW), a leader in advanced wireless telecommunications technology announced today that it has completed the Sleipner & Calypso ASNAP(TM) Seamless Mobility technology summit in Miami, Florida…” 11/23/05
“Calypso Wireless, Inc. (PINK SHEETS:CLYW), a leader in advanced wireless telecommunications technology announced today that Calypso affiliated company RV Technology Limited, Hong Kong ("RV Tec") has been invited by Intel Corporation (INTC) to demonstrate a series of cellular Pocket PC-based Smart cellular phones at the 3G World Congress in Hong Kong. The Windows Mobile Smart cellular phone, which includes built-in WiFi for VoIP and video-calling, is actually being hosted by Intel, which provides its PXA 270 CPU.” 11/29/05
“Calypso Wireless, Inc. (PINK SHEETS: CLYW), a leader in advanced wireless telecommunications technology announced today that Calypso Wireless Inc, has completed and closed the one hundred percent acquisition of Sleipner S.A. …” 12/20/05
“Calypso Wireless, Inc. (PINK SHEETS: CLYW), a leader in advanced wireless telecommunications technology announced today that it has received a purchase order for 1.05 Million euros from Inversiones CCS SA, for the delivery of the Calypso - Sleipner CoMob End User license software.” 12/21/05
“Calypso Wireless, Inc. (PINK SHEETS:CLYW), a leader in advanced wireless telecommunications technology, announced today that it has received a purchase order for US$ 23.3 Million dollars from Centconet SA, for the delivery of the Calypso C1250i Dual Mode WiFi-GSM-GPRS VoIP cellular phone, which runs on Intel (INTC) PXA series application processor and Microsoft WinCE 5.0 (MSFT) operating system and the Calypso C750 WiFi phone.” 1/18/06
“Calypso Wireless, Inc. (Pink Sheets:CLYW), a leader in advanced wireless telecommunications technology announced today that it has received a purchase order for US$ 2.28 Million from Servinova, a Cisco Systems (CSCO) registered partner company, for the delivery of the Calypso C750w WiFi VoIP-video-calling phone, which runs on Intel (INTC) PXA series application processor and Microsoft WinCE 5.0 operating system.” 01/19/06
“Calypso Wireless, Inc. (Pink Sheets:CLYW), a leader in advanced wireless telecommunications technology, announced today that Calypso ASNAP(TM) Session Controller (ASC) is the first Open Source Seamless Mobility solution that hits the market and with Calypso ASC and Calypso C1250i WiFi-GSM Dual Mode VoIP Smart cellular phone users will be able to seamlessly connect between cellular mobile GSM network and WiFi networks and enjoy new added services such as broadband connectivity and wireless VoIP services.” 01/26/06
“Calypso Wireless, Inc. (PINK SHEETS: CLYW), a leader in advanced wireless telecommunications technology announced today that Calypso will have a booth at the 3GSM World Congress 2006 trade show in Barcelona, Spain from February 13 to 16, 2006.” 02/06/06
“Calypso Wireless, Inc. (PINK SHEETS:CLYW), a leader in advanced wireless telecommunications technology announced today that Calypso successfully demonstrated at the 3GSM World Congress 2006 trade show in Barcelona, Spain, the Calypso ASNAP(TM) C1250i WiFi-GSM Dual Mode VoIP Smart cellular phone and Imate SP5 interconnecting on the Vodafone (VOD) (VOD) mobile network.” 02/27/06
“Calypso Wireless, Inc. (PINK SHEETS: CLYW), a leader in advanced wireless telecommunications technology announced today that Calypso will have a booth at the CTIA Wireless 2006 trade show in Las Vegas, Nevada from April 5 to 7 2006.” 02/28/06
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By trueMagoo
"A litany of lies helps perpetuate this scam and the blind followers sing the mantra of everything is in the past. Why this odious prevaricating mountebank of a scam continues is attributable directly to the obtuse identifying with like minds to their eternal detriment. When the final awakening takes place it will be too late and the first questions asked will be why me? The answer is simple your inability to see and the greed that helped blind you.
"Let's assume that the inane argument that no insiders are actually selling is correct and that it is the nonexistent shorts that are driving this POS down! Why would anyone continue to hold this dog as it has fallen like a knife from 6.50 to .04..??? The nonexistent shorts have no reason to cover because no matter what trumped up news Calypso has it is now scoffed at by the investing public. The illiterate loosers for losers has caught onto Calypso’s game and the only ones that are now buying are those that are trapped and are forced to average down. Why average down? It is the monkeys hand caught in the jar syndrome. The 'monkeys', Calypso investors still think they can get their hand out of the jar holding the bait. Oh and yes the Calypso jar will not be broken because it is made of impervious innuendo!"
Buy more Calypso scam and be happy Magoo's!
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WIRELESSGURU of 1162
Calypso Wireless??????
I am really amazed! How is it possible that people can be fooled about Calypso Wireless? this company HAS NO PRODUCTS, NO RESEARCH & DEVELOPMENT, NO EXPERIENCED MANAGEMENT TEAM, IT IS A STOCK SELLING SCAM, PERIOD!
Every press release is from a company owned by a friend of the founder, Mr. Carlos H. Mendoza, like the last one, a funny company somewhere in Miami or Ecuador putting a 25 million P.O. for "Calypso Phones" and "Calypso Access Points", THIS IS A JOKE!!!
I am a wireless expert WHO ANALYZES 500 WIRELESS COMPANIES EVERY YEAR and believe me, there is not a single carrier with a "Calypso Phone" or any network in the globe utilizing a "Calypso Access Phone". Calypso thought that because they have a very vague Wi-Fi to GSM/GPRS patent they could sue Nokia, Ericsson, LG, Lynksis, etc...and by talking to this corporation's lawyers, THEY ARE LAUGHING!!!
If you want to know more, please visit their crappy offices in Miami, talk to the corrupt founder, Carlo H. Mendoza,and you will find out.
This company is really a SHAME and I am impressed that the SEC has not found out that they have ABSOLUTELY NO PRODUCT, PERIOD!
investorshub.com
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Summary of my phone conversation with Sharma on 8/25/06...
First allow me to say, Sharma (or someone reporting to be Sharma) was pleasant and well spoken. He is American born. He seems more than capable of taking on a sales role in addition to his technology duties. Although I think his challenge is one not likely doable...
I asked him some hard questions. His answers seemed forthright and credible. Be advised the following summary of our conversation is paraphrased to the best of my memory.
I asked Sharma what his explanation was for the millions and millions of dollars of announced phone sales deals and licensing agreements that never came to fruition. He said that the phones have never been far enough along to be marketable. I asked then why the press releases announcing millions and millions of dollars in phone deals with never a phone delivered. He said he had no excuse for that and that he knows the misleading press releases have hurt the company’s credibility. I told him that was an understatement, as the announcements were either intentionally misleading or an indication that management doesn’t have clue what it is doing, in my opinion.
He told me that the phones developed by RVTec where substandard and while they worked well enough for a demo, they were built using substandard components, etc. He said there are still significant problems with the ASNAP technology that needs to be resolved. He said that the reason they abandoned the RVTec deal is that RVTec was only capable of creating demo phones and not capable of production line manufacturing. I asked Sharma, then why the Calypso Wireless press release that announced the buy in into RVTec was to expedite just that, the production of phones to fill the millions in pending orders? He had no explanation other than to say that those press releases have put the company below zero with regards to credibility. I told Sharma that, in my opinon, either the Company was intentionally misleading investors or Calypso Wireless management doesn’t know what its doing. Notice the theme here?
Sharma said that just the cost of manufacturing the Calypso Wireless phones was higher than the competition's retail pricing. So, it was necessary for Calypso Wireless to abandon the concept of selling their own phones and focus on licensing the technology. I asked about the licensing deal announced and why hadn’t a single license been sold. He said that was also premature and that the ASNAP technology has problems and what is needed is millions of dollars and thousands of man hours to solve the remaining problems. Calypso Wireless is now seeking either an investment group willing to commit millions of dollars or a technology company willing to commit millions of dollars and thousands of man hours to resolve the ASNAP problems.
In other words, the Calypso Wireless needs millions of dollars and thousand of man hours by a qualified team of engineers, etc to improve the ASNAP technology to a point where it would be commercially marketable.
Sharma said they had one group of investors close to investing in Calypso Wireless, but they read the iHub board and changed their mind after seeing some of the negative comments. I told him that most of the negative post on the Calypso Board were fact as Calypsos Wireless has not had one dollar of revenue through the sale of a product or service since its inception, but has announce millions and millions of dollars in deals with no follow through. I told him if the potential investor group had its own due diligence regarding Calypso Wireless they would have discovered this on their own, so using the iHub Calypso Wireless board as an excuse for a deal falling through was preposterous. Sharma once again conceded that Calypso Wireless has a credibility problem and that he is starting from a minus 10 rather than from zero as would be the case with a “new” company.
Sharma mentioned the marketing of the patent and touched based on the satellite patent. I told him that if they couldn’t get their own technology to work, it would seem to me all they had to sell was a “concept” and in my opinion , not much chance in getting anyone one to pay for that.
At the time I spoke with Sharma, there was no pending deal with an investment group and the Company in Redman Washing (which Sharma admitted was MicroSoft) that was looking at Calypso Wireless is not interested in purchasing them unless Calypso Wireless resolves the technology problems and begins manufacturing and selling phones and or selling licenses, in other words a company with revenues making money. Then and only then would MicroSoft consider buying Calypso Wireless. However Sharma admitted that was a “Catch 22”, as Calypso Wireless needed MicroSoft to infuse the million of dollars and provide a qualified staff to do the thousands of man hours needed to resolve the problems with the ASNAP technology, before they can get to the point where Microsoft would consider purchasing Calypso Wireless.
I commented I saw no reason for Calypso Wireless to have a sales team. Sharma commented about the Sale Manger drawing a nice salary. I told him it doesn’t seem to me that Calypso Wireless has ever had anything for the Sales Manager to sell and to have a Sales Manager on the payroll drawing a nice salary was poor management.
I wished Sharma well and got off the phone with him.
Summary: Sharma seemed to be forthright with me, regarding the past bogus press releases announcing millions and millions of dollars in phone sales and licensing deals. He was upfront about the RVTec deal that had no potential from the beginning of expediting the phone manufacturing process. He was upfront with me that in his opinion the ASNAP technology needs millions of dollars and thousands of man hours to resolve the current problems. And he was upfront with me that at the time I spoke with him, that Calypso Wireless does not have the money or staff to resolve these issues with out help. What he said Calypso Wireless needs is a group of investors willing to infuse millions of dollars or for Calypso Wireless to partner with a technology company with the millions of dollars and the staff needed to put in the thousands of man hours needed to resolve the remaining ASNAP technology problems. At the time of our conversation, Calypso Wireless had neither lined up.
That was our conversation to the best of my memory. I’ll let each reader draw his or her own conclusions. |
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