| CLYW - Calypso Wireless, Inc. and all related news from the wireless sector.
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)
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
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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.
Buy more Calypso and be happy Magoo’s!
"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 .35..??? 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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Check out this CHINA deal that is real:
China Deal
Up to 150,000 Units of Dual Mode and Dual Call Waiting GSM/CDMA Smartphones, Under the Label 'CECT CoolPAD 728,' Purchased By China Unicom
Wednesday December 28, 9:30 am ET
The Purchase Order From China Unicom Amounts to USD108 Million
HUIZHOU, Guangdong, China, Dec. 28 /Xinhua-PRNewswire/ -- Qiao Xing Universal Telephone, Inc. (Nasdaq: XING - News) announced today that China Unicom (NYSE: CHU - News) has recently placed orders for 150,000 units of the world's first model of dual mode and dual call waiting GSM/CDMA smartphone, the 'CECT CoolPAD 728.' This purchase order is worth USD108 million and the shipment is expected to commence early 2006. Prior to this purchase, more than 120,000 units of the 'CECT CoolPAD 858' model of dual mode smartphone had been supplied to China Unicom.
The 'CECT CoolPAD 728' is compatible with five frequency bands on the CDMA and GSM networks (CDMA800HZ, CDMA1900MHz, GSM900HZ, GSM1800HZ and GSM1900MHz), and has two SIM slots (one for a GSM card, the other for a CDMA card).
Unique features include:
-- It supports both the GSM and CDMA environments.
-- It can take two incoming calls simultaneously (one from the CDMA
network, the other from the GSM network). This feature makes it more
competitive than other models of dual mode GSM/CDMA smartphones.
With dual CPUs, 'CECT CoolPAD 728' has almost all the other sophisticated functions of other smartphones, including PDA, Microsoft Office support, Internet access, MSN & QQ Messenger, and an English-Chinese dictionary with simultaneous pronunciation.
'CECT CoolPAD 728' is the result of close cooperation between China Unicom, China Wireless Technology, Inc., a Hong Kong Listed Company, and CEC Telecom Co., Ltd. Mr. Wu Zhi Yang, Chairman of CECT said, ''We have achieved great success through our cooperation with PALM, MiTAC and Microsoft, in the field of smartphones. Through cooperation with these famous companies, we are able to continually improve our R&D capacities and expect more success in carrying out our established 'High-end Mobile Phone Strategy' (Multimedia Mobile phone Strategy).'
It is expected that China Unicom will place more orders for this new model of dual mode GSM/CDMA smartphone upon getting a good market reception.
About Qiao Xing Universal Telephone, Inc.
Qiao Xing Universal Telephone, Inc. (Nasdaq: XING - News) is one of China's largest manufacturers and distributors of telecommunications products. The Company has grown its net sales from approximately $46.4 million in 1997 to more than $244 million in 2004. The Company's product portfolio includes telecommunications terminals and related products including fixed wireless phones, VoIP telephone and advanced mobile phones with the latest features, and on the consumer electronic side products include MP3 players, cash registers and set- top-box products. XING currently distributes over 260 models of corded and cordless telephones and is one of China's largest distributors of indoor phones. The Company has built a strong distribution network comprised of more than 5,000 retail stores throughout China and has established partnerships with major retailers in Europe, North America and Latin America, including Bellsouth and Wal-mart. For more details, please visit cosun-xing.com .
Forward-looking statements
This release contains certain forward-looking statements concerning recent and future economic performance and the plans and objectives of management for future operations. These forward-looking statements can be identified by the use of such words as "project," "expect," and "anticipate," and variations of such words. Such forward-looking information involves risks and uncertainties that include, but not limited to, those relating to economical, political, legal and social conditions in the People's Republic of China, dependence upon key management personnel, competition, material factors relating to the operations of the business, and domestic and global economic conditions.
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