Wave Systems Corp. (fka WAVXQ)

[RootOfTrust]

I have never met a risk manager who asked a struggling company to raise some capital just to prove they could.

I wasn't suggesting a risk manager asked the company to raise capital to prove they could, I was saying the ability to raise capital when needed shows to pipeline prospects just that, namely the ability to raise capital possibly quelling certain concerns a risk manager might have of the company's ability to maintain operations going forward.

Obviously they raised capital to meet operating expenses due to insufficient cash flow in Q4, that's plain for anyone to see whether it's me, you or a risk manager.

I wrote:

This (today's PP) should provide some kind of a demo to pipeline prospects engaging vendor risk assessment that Wave is capable of raising captial on demand from the shelf to both maintain cash sufficient for operating expenses as well the capability to raise additional capital should it be required to support a growing customer base (addressing a vendor risk assessment factor).