<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 11pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0.25in; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Date
of Report (Date of earliest event reported): December 19, 2011</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>CALYPSO WIRELESS, INC.<BR>
</B><FONT STYLE="font-size: 10pt">(Exact name of registrant as specified in its charter)</FONT></P>

<TABLE ALIGN="CENTER" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">Delaware</FONT></P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">1-08497</FONT></P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">13-5671924</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(State
    or other jurisdiction of incorporation)</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(Commission
    File Number)</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(IRS
    Employer Identification No.)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">&nbsp;4801
        Woodway Dr., Suite 300E, Houston, TX</FONT></P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">&nbsp;77056</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(Address
    of principal executive offices)</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(Zip
    Code)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Registrant&rsquo;s telephone
        number, including area code: <U>(305) 316-7850</U></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">&nbsp;Not
        Applicable</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(Former
    name or former address, if changed since last report.)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-size: 10pt">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (See General Instruction&nbsp;A.2. below):</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: left; vertical-align: middle"><FONT STYLE="font: 10pt Wingdings 2">&#163;&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Written
                                                                                                                                      communications
                                                                                                                                      pursuant
                                                                                                                                      to
                                                                                                                                      Rule
                                                                                                                                      425
                                                                                                                                      under
                                                                                                                                      the
                                                                                                                                      Securities
                                                                                                                                      Act
                                                                                                                                      (17
                                                                                                                                      CFR
                                                                                                                                      230.425)</FONT>&nbsp;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: left; vertical-align: middle"><FONT STYLE="font: 10pt Wingdings 2">&#163;&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt">Soliciting
                                                                                                                                                                           material
                                                                                                                                                                           pursuant
                                                                                                                                                                           to
                                                                                                                                                                           Rule
                                                                                                                                                                           14a-12
                                                                                                                                                                           under
                                                                                                                                                                           the
                                                                                                                                                                           Exchange
                                                                                                                                                                           Act
                                                                                                                                                                           (17
                                                                                                                                                                           CFR
                                                                                                                                                                           240.14a-12)</FONT>&nbsp;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: left; vertical-align: middle"><FONT STYLE="font: 10pt Wingdings 2">&#163;&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt">Pre-commencement
                                                                                                                                      communications
                                                                                                                                      pursuant
                                                                                                                                      to
                                                                                                                                      Rule
                                                                                                                                      14d-2(b)
                                                                                                                                      under
                                                                                                                                      the
                                                                                                                                      Exchange
                                                                                                                                      Act
                                                                                                                                      (17&nbsp;CFR
                                                                                                                                      240.14d-2(b))&nbsp;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 17pt; text-align: left; vertical-align: middle"><FONT STYLE="font: 10pt Wingdings 2">&#163;&nbsp;</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Pre-commencement
                                                                                                                                      communications
                                                                                                                                      pursuant
                                                                                                                                      to
                                                                                                                                      Rule
                                                                                                                                      13e-4(c)
                                                                                                                                      under
                                                                                                                                      the
                                                                                                                                      Exchange
                                                                                                                                      Act
                                                                                                                                      (17&nbsp;CFR
                                                                                                                                      240.13e-4(c))&nbsp;</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: left; text-indent: -1in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>ITEM&nbsp;5.02&#9;DEPARTURE
OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS</B></FONT><B> </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 16.2pt; text-align: left; color: #2A2A2A; text-indent: 44pt">Calypso
Wireless, Inc. (&quot;Calypso&quot;) (CLYW) announced on December 15, 2011, the shareholders of the Company in a Special Shareholders
Meeting removed David H. Williams as Director of the Board of Directors. On December 17, 2011 at a duly noticed meeting the Board
of Directors appointed Mr. Carlo di Colloredo-Mels to serve as Independent Director to the Board of the Company until the next
election of Directors.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;Biographical
Information:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;Carlo
di Colloredo-Mels age 49 currently holds the position of Sr. Marketing Director at VMware for the Latin American region. In his
position, Carlo is in charge of defining the strategy to support the business plans for the region and the different territories
as well as driving the development of the plans and initiatives to support the strategy.&nbsp; He oversees building and managing
all marketing activities and campaigns for the region. This role includes budget planning, campaign planning and deployment of
communication strategy including all public relations. The responsibility also includes Channel programs, OEM strategies and relationship
management.&nbsp;Before joining VMware in 2009, Carlo was the Business Development Director for Advanced Micro Devices (AMD) for
Latin America for six years and prior to this he held various Director positions at Hewlett Packard and Compaq Computer Corporation.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: -1in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>ITEM
8.01&#9;Other Events </B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;Calypso
Wireless, Inc. (&quot;Calypso&quot;) (CLYW) has announced that the Company and Drago Daic and Jimmy Williamson, PC have finalized
and executed all documents pertaining to the settlement of the litigation pending in the 333rd Judicial District Court of Harris
County, Texas between Calypso, on the one hand, and Drago Daic and Jimmy Williamson, PC on the other.&nbsp; The terms of the settlement
have previously been disclosed in the August 19, 2011 8-k and remain unchanged.&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;Calypso
Wireless, Inc. (&quot;Calypso&quot;) (CLYW) announced it has agreed and entered a Consent Judgment with Mario Cytrynbaum in the
United States District Court, Southern District of Florida, Case numbered 1:11-cv-20363. Further, Calypso announced the dismissal
of Mr. Cytrynbaum's suit against the company in the State of Texas in the case 4:11-cv-00011 Cytrynbaum v. Calypso Wireless, Inc.
(In S. Dist. of Texas), thus settling all disputes with Mr. Cytrynbaum.&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;<B>&nbsp;</B></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>SIGNATURES</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0pt"></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">CALYPSO WIRELESS, INC.</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">DATED: December 19, 2011</TD>
    <TD STYLE="width: 4%">By:&nbsp; </TD>
    <TD STYLE="vertical-align: top; width: 46%">/s/ Cristian C. Turrini</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: #000000 1px solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Cristian
    C. Turrini<BR><FONT STYLE="color: black">Chairman, CEO &amp; President</FONT></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>&nbsp;</B></P>


<P STYLE="margin: 0"></P>

</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "v243390_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 22721}]
{"company-data": {"conformed-name": "CALYPSO WIRELESS INC", "cik": "0000719729", "assigned-sic": "4813", "irs-number": "135671924", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-08497", "film-number": "111269268"}, "business-address": {"street1": "4801 WOODWAY DRIVE", "street2": "SUITE 300E", "city": "HOUSTON", "state": "TX", "zip": "77056", "phone": "713-936-3560"}, "mail-address": {"street1": "4801 WOODWAY DRIVE", "street2": "SUITE 300E", "city": "HOUSTON", "state": "TX", "zip": "77056"}, "former-company": {"former-conformed-name": "KLEER VU INDUSTRIES INC/DE/", "date-changed": "19920703"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): December 19, 2011
CALYPSO WIRELESS, INC.
(Exact name of registrant as specified in its charter)
Delaware
1-08497
13-5671924
(State
    or other jurisdiction of incorporation)
(Commission
    File Number)
(IRS
    Employer Identification No.)
4801
        Woodway Dr., Suite 300E, Houston, TX
77056
(Address
    of principal executive offices)
(Zip
    Code)
Registrant's telephone
        number, including area code:
(305) 316-7850
Not
        Applicable
(Former
    name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (See General Instruction A.2. below):
£
Written
                                                                                                                                      communications
                                                                                                                                      pursuant
                                                                                                                                      to
                                                                                                                                      Rule
                                                                                                                                      425
                                                                                                                                      under
                                                                                                                                      the
                                                                                                                                      Securities
                                                                                                                                      Act
                                                                                                                                      (17
                                                                                                                                      CFR
                                                                                                                                      230.425)
£
Soliciting
                                                                                                                                                                           material
                                                                                                                                                                           pursuant
                                                                                                                                                                           to
                                                                                                                                                                           Rule
                                                                                                                                                                           14a-12
                                                                                                                                                                           under
                                                                                                                                                                           the
                                                                                                                                                                           Exchange
                                                                                                                                                                           Act
                                                                                                                                                                           (17
                                                                                                                                                                           CFR
                                                                                                                                                                           240.14a-12)
£
Pre-commencement
                                                                                                                                      communications
                                                                                                                                      pursuant
                                                                                                                                      to
                                                                                                                                      Rule
                                                                                                                                      14d-2(b)
                                                                                                                                      under
                                                                                                                                      the
                                                                                                                                      Exchange
                                                                                                                                      Act
                                                                                                                                      (17 CFR
                                                                                                                                      240.14d-2(b))
£
Pre-commencement
                                                                                                                                      communications
                                                                                                                                      pursuant
                                                                                                                                      to
                                                                                                                                      Rule
                                                                                                                                      13e-4(c)
                                                                                                                                      under
                                                                                                                                      the
                                                                                                                                      Exchange
                                                                                                                                      Act
                                                                                                                                      (17 CFR
                                                                                                                                      240.13e-4(c))
1
ITEM 5.02	DEPARTURE
OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS
Calypso
Wireless, Inc. ("Calypso") (CLYW) announced on December 15, 2011, the shareholders of the Company in a Special Shareholders
Meeting removed David H. Williams as Director of the Board of Directors. On December 17, 2011 at a duly noticed meeting the Board
of Directors appointed Mr. Carlo di Colloredo-Mels to serve as Independent Director to the Board of the Company until the next
election of Directors.
Biographical
Information:
Carlo
di Colloredo-Mels age 49 currently holds the position of Sr. Marketing Director at VMware for the Latin American region. In his
position, Carlo is in charge of defining the strategy to support the business plans for the region and the different territories
as well as driving the development of the plans and initiatives to support the strategy.  He oversees building and managing
all marketing activities and campaigns for the region. This role includes budget planning, campaign planning and deployment of
communication strategy including all public relations. The responsibility also includes Channel programs, OEM strategies and relationship
management. Before joining VMware in 2009, Carlo was the Business Development Director for Advanced Micro Devices (AMD) for
Latin America for six years and prior to this he held various Director positions at Hewlett Packard and Compaq Computer Corporation.
ITEM
8.01	Other Events
Calypso
Wireless, Inc. ("Calypso") (CLYW) has announced that the Company and Drago Daic and Jimmy Williamson, PC have finalized
and executed all documents pertaining to the settlement of the litigation pending in the 333rd Judicial District Court of Harris
County, Texas between Calypso, on the one hand, and Drago Daic and Jimmy Williamson, PC on the other.  The terms of the settlement
have previously been disclosed in the August 19, 2011 8-k and remain unchanged.
Calypso
Wireless, Inc. ("Calypso") (CLYW) announced it has agreed and entered a Consent Judgment with Mario Cytrynbaum in the
United States District Court, Southern District of Florida, Case numbered 1:11-cv-20363. Further, Calypso announced the dismissal
of Mr. Cytrynbaum's suit against the company in the State of Texas in the case 4:11-cv-00011 Cytrynbaum v. Calypso Wireless, Inc.
(In S. Dist. of Texas), thus settling all disputes with Mr. Cytrynbaum.
2
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
CALYPSO WIRELESS, INC.
DATED: December 19, 2011
By:
/s/ Cristian C. Turrini
Cristian
    C. Turrini
Chairman, CEO & President