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Jakes_dad......sorry
112 million reversed split to 37 million......
37 million diluted to 93 million today......
$50 share price around $5 billion valuation as opposed
to $10 billion.
Dilution still to come from PP warrants.....& ATM is still
turned on.....can't expect an end to dilution until a
profitable qtr is reached.
Doma.
Skimoor............actually
you could have made 10 to 20 times your money on Wave from 2009 by
buying at 25 cents & selling at $5...........the same returns longs had
10 years earlier from $2.50 to $50............so in fact most longs have
missed the boat twice!
When Wave was $50 there were only around 35 million shares outstanding,
valuation around $1.7 billion.....there are over 200 million shares outstanding
today,the dilution tap is still on........a $50 share price would value Wave
over $10 billion.........so Wave has 6 times as much work to do to get there
again...........but longs were never worried about dilution :)
Doma.
Skimoor................is it a great time to hire
people when you can't afford to do it & the only way of paying them
is to sell more & more ATM shares which get less & less money per
share & dilute shareholders more & more.......?
I think sub 25 cents is a better buying opportunity myself......
Doma.
Mig........no.......i don't think it's extreme at all.
Even AWK's Scrambls article said the social media sites won't be
happy if it takes off...........any loss of information through encryption
technologies is a loss of information...... information is after all the Very
Product Social Media Sites are Selling...........
As encrypted information increases,Social media revenue decreases......
Doma.
So what's the new business model
For social media sites like Facebook if everyone used Scrambls?
"Nobody—not the social media platform, not scrambls itself—can read your content"
So SKS admits Scrambls would destroy social media platform revenues......
Doma.
.........but how does Facebook & social media
sites whose product is YOU whose information they Sell to
corporations going to work when their product is encrypted
& locked up in smaller & smaller groups?
I guess the answer is to give corporations & advertising access to all
the keys so they can still see all the data.........it would be the only way.
Social Media sites just turn into Secret Society sites.......
Doma.
"Have I ever been guilty of "pure hype and idle speculation"?"
You're the first person i think of....... 14 yrs consistent........:)
Doma.
24601......another solid post from you....great stuff!
"I invest to grow my capital. If, over time, the market cap of the company increases by a factor greater than any dilution, then my position grows and the dilution is probably worthwhile."
You have been here at least 12 years growing your capitol.....let's see how you did.
1998 Wave share price $2...... 33 million shares issued..... revenue $0
2012 Wave share price under $2....200 million shares issued.....revenue $40 million
Dumb ass me... sold all my few hundred thousand 50 cents shares over $4........my capitol grew
....but wishing i really was as smart as you think you are!
Doma.
What's really funny is.......
All 3 of you assume a company can only grow through shareholder dilution.......dilution
is needed for revenue growth,revenue growth but never a profit...never a profit,
more financing through dilution needed for more revenue growth....more revenue growth
but again never a profit.....the snake eating it's tail.
Not all companies expand through massive shareholder dilution...... some make a profit...................but i guess it's been so long for you guys you don't know any different.
Doma.
dig space.........
So you are saying that you lament dilution but because you got in at
28 cents post split & been only diluted by 30 million shares or so since
it's not a concern for you..............i get it.........was it foolish not to sell
those 28 cent shares at $5 now we are at $1.85 with further dilution going
forward......?
Doma.
dig space......guess you just don't see it...oh well.
So i buy 10,000 shares 6 years ago post split at $2.60 odd....share count 36 million
valuation of company $94 million..........6 years later share count is 91 million &
the valuation around $168 million.If Wave had not diluted shareholders by 54 million
shares in the 6 year period, the share price at the same valuation today would
be $4.66,not $1.85......
WW1 & amputees.........??
I realise that 1998 counts as the 20th century & is nearly as long ago as WW1
but i'm sure you were born before that time & many shareholders are still here from that time........
I guess you're right dilution costs shareholders nothing......it's Keynesian Magick.
Doma.
dig space.......A 20th century thing & 21st century thing.
20th Century,1998......Wave's share count was around 33 million
21st Century 2006.......Wave's share count was around 109 million
21st Century 2006......Wave's share count was 36 million post reverse split
21st Century 2012.......Wave's share count is 91 million today & will approach
100 million by years end through the ATM.
The dilution rate has increased in the post split period..........
Will you be mourning the valuation of your house after the
next reverse split?.......or again is this all of no concern or meaning
to Waveoids that have been holding either the past 14 years or
past 6 years..........as you say this is foolish talk......move along...
Doma.
dig space..........thanks for clearing that up!:)eom.
Zen88............But what about
the pertinent fact of funding by continually diluting shareholders......?
If you are still holding shares from 12 odd years back they have been
diluted 90% odd & those you have held the last 6 years have now been
diluted by 70%...........& the share price is still under $2??
That's what people should be seeing....that's what really matters.......
but then again the continual process of the devaluation of money through
dilution is only seen by "one man in a million" according to Lenin & Keynes...
therefore they can get away with it.....
Doma.
jermart.........normal course of business.
Shareholders couldn't care less......it's not the first time management has
paid back money!SKS is the Waveoid's Deity & as thousands of years of
Deity worship has taught us..........they always need more money!....&
it's normally the poor that pay.
Doma.
24601.......ordinary course of business??
Well that just about covers anything..........nice!So going forward you would not
expect shareholders to be informed by an 8K about any major development because
this would be just a part of the "ordinary course of business".......
I thought shareholders had some rights to know if there are any major changes
in existing contracts... or if contracts get extended,what the new terms might be.....??
Do all shareholders prefer their management team to conceal material events
like you..............?
Doma.
Wavxmaster.............so what happens to TPM's & FDE's in
the hands of joe six pack???You really think your government wants the sheeple
sending TPM hardware encrypted emails & their data all securely locked up on
FDE drives........??
Governments control their populations through fear..........doesn't matter if it's
a democratic government,a communist government or fascist government......
the only difference is the Illusion it's a different system.....it's the same blueprint.
Doma.
rwk.........zero production costs.
It's all post production & just depends if the background footage & audio cost
them anything or was free..........a few days in an offline/online edit suit with an
editor & that's about it.................
Had they had any money they should have used Fat Boy Slim's song "right here,right now"
& totally changed the vibe of the whole commercial with some tighter editing,a shorter
duration & better caption work..........imo.
Doma.
Weby......Honestly.....you want some honesty??Dangerous stuff!
"We need some honesty about why the adoption curve of SEDs and ERAS has been so slow. He needs to explain why we should believe in a timetable to break the logjam and prove the existence of the piipeline"
So you have 10 years of lying about the adoption curves of all & any Wave product,but it's
only now you need some honesty??Waveoids have always called for SKS's dishonesty as the
glue that binds their investment together..... how would Wave still be here if they hadn't fallen
time & time again for SKS's perma-carrot dangling & break even projections.
How could investors perma-fund Wave's decade of dilution if he had ever been honest with
them??............you don't really want honesty imo....you just want another reason why you
should "believe" him again..........you want some more dishonest words to comfort you.
Doma.
About the Shorts..........
It's time you guys woke up to the fact the market is completely rigged,there is
no rule of financial law,apart from theft(MF Global) & if they want they could
naked short sell you to 25 cents in a flash!
There are up to 360 oz's of paper Gold,the bankers have sold for every 1 oz
of Gold that exists on this planet.......You think your paper certificates or paper
money they sell you has any real value??
MF global signalled their intent............
Doma.
Hi alea.....OT.Funny but....
i hadn't even started reading into Quantum theories about the holographic digital
nature of reality until After i had reached that conclusion separately through other
fields & sources.I only started looking into quantum theories because some supported
a holographic universe model,such as David Bohm who also incorporates consciousness
& eternal life for all.
The Digital Holographic Universe/Conscious model fits the Theory of Everything like
a glove...
When we all wake up & realise we are all eternal,always have been,always will be &
the lowest form of entropy, Love is everything....we can change this planet & our reality.
Doma.
alritethen..........sure.
Most of my thoughts about Wave's potential remain very positive but i see
as always timing the issue.What worries me near term is the increasing short
position & still lack of any meaningful insider buying......
Like i have said before Wave is a golden NWO play,but i believe they will
first try to flush out investors before they take it to the moon......
But from my perspective of reality being little more than a 3D video game
played out by consciousness in a holographic universe.....trying to secure
information is ultimately futile.....
Doma.
alladinator.........
You want to put a TPM on every photon of information.......your stem cell contains all
the information on your body,you have 70 trillion cells all with the same information
& you think putting a TPM on one of those cells would secure that information?
I know waveoids would not be adverse to 70 trillion TPMs per human as a business
model...:)
Doma.
alladinator.............you couldn't even hide information in a black hole,as the information
resides on the event horizon.If i cut a holographic picture of an apple into a billion parts,
i have a billion pictures of a whole apple,not a billion parts....If i then take that billionth
part & secure it,does it make the information of the apple secure?
Doma.
A Waveonian paradox with our universe.....
A holographic security chip in a holographic computer in a holographic universe
is futility.Just as a photon(information) exists as both a wave or a particle depending on
the act of observation & exists everywhere until it is measured....all information
exists in an unsecured form unless it is observed from a secure state.
In other words it is only the act of observing the information in a secured state that
makes it appear secure,everywhere else it is unsecured.
Doma.
So current TPM's do not satisfy the International market requirements....
"Please join with Trusted Computing Group to create a TPM.next design which will satisfy both China-market and international requirements through a single unified world-wide standard."
Satisfying the Chinese market will require a Government back door key.....
Waveoids have to ask themselves until this single unified world wide standard TPM
appears..........will there really be global acceptance of TPM 1.2?
Next you have to ask yourself will this single unified world wide TPM only come
into play AFTER the Single Unified NWO World Bank,World Government comes into
play.......
Doma.
remote control..........what would you say the odds are
on a total collapse of the current Fiat Paper Ponzi scheme?
6,000 years of history tells us btw that No Fiat Paper Ponzi scheme has lasted more
than 40 odd years.....so it's 100% certain it will collapse,it's just getting
the timing right!
As for Wave i said imo it's a Golden play for the NWO....you know a control,
security chip in every connected device.....eventually including you.
Doma.
How are Waveoids spinning a positive from the 1,000,000
increase in short numbers?
One day you guys might actually wake up & figure out
how the world really works...........?
Doma.
$707,568,901,000,000.... biggest number ever reported in the financial world!
Amazing....soon the world will learn the real value of a piece of paper!
"While everyone was focused on the impending European collapse, the latest soon to be refuted rumors of a quick fix from the Welt am Sonntag notwithstanding, the Bank of International Settlements reported a number that quietly slipped through the cracks of the broader media. Which is paradoxical because it is the biggest ever reported in the financial world: the number in question is $707,568,901,000,000 and represents the latest total amount of all notional Over The Counter (read unregulated) outstanding derivatives reported by the world's financial institutions to the BIS for its semi-annual OTC derivatives report titled "OTC derivatives market activity in the first half of 2011." Indicatively, global GDP is about $63 trillion if one can trust any numbers released by modern governments. Said otherwise, for the six month period ended June 30, 2011, the total number of outstanding derivatives surged past the previous all time high of $673 trillion from June 2008, and is now firmly in 7-handle territory: the synthetic credit bubble has now been blown to a new all time high. Another way of looking at the data is that one of the key contributors to global growth and prosperity in the past 10 years was an increase in total derivatives from just under $100 trillion to $708 trillion in exactly one decade. And soon we have to pay the mean reversion price.
What is probably just as disturbing is that in the first 6 months of 2011, the total outstanding notional of all derivatives rose from $601 trillion at December 31, 2010 to $708 trillion at June 30, 2011. A $107 trillion increase in notional in half a year. Needless to say this is the biggest increase in history"
boombreaker..........pump & dump?
hey,nothing personal............mean't as general..:)
Doma.
SKS's Xmas present...increasing 5 million shares available for employees to 19 million.
"The additional shares of Common Stock being registered by this Registration Statement are of the same class as those securities registered on the Prior Registration Statements and represent an increase in the total shares of Common Stock available for issuance under the Plan from 14,000,000 to 19,000,000."
happy thanksgiving from the Sprague family........perfectly released on thanksgiving day
Feel like a turkey?
Doma.
Alea........the opportunity now is Greater than it has ever been!
Wave is a golden "New World Order" play imo...you only have to look
at who they are doing business with.
Question is ....do i want to profit from it?
Question is......will they crash the market or super inflate via the printing press?
Bank of America transferred $75Trillion liabilities to the FDIC last week....the
ponzi scheme is coming down imo.
Doma.
internet........i realised
after all these years that if you want to make money in this stock
you trade it period.....to keep buying & buying in the belief that
one day you will be rich beyond your wildest dreams is just
that......no more than a collective dream from the hived minds
of Waveoids.
Or maybe i'll buy & hold when i see Peter or others do the same!
Doma.
Zen88......But Dig said
the S3 filing was just boilerplate,while i said they are selling.As Dig is never
wrong i'm afraid it cannot be Safend VC selling........!!
And anyway i'm sure there are hundreds of reason's for selling & only one
for holding onto the shares.......
Doma.
xxxxcslewis..........House of cards.
My wife was returning from the U.K last week & just happened to
be sitting next to a J.P Morgan exec. who just happened to start talking
about the state of the World economy.His own words were "house of cards"
that is beyond saving & collapse is unavoidable.........it's a giant debt ponzi scheme.
Of course my wife is knowledgeable on this subject & asked him if he
knew that...
1.95% of all money in existence is in fact bank "credit" which banks
"magick" up from the "ether" & then charge interest on.
2.As "money" is created as debt.....paying off all the debt means no money in existence
3As banks "magick" money from the ether but never "magick" the Interest.....there is
never enough money in the system to pay back Principal & Interest......every year more debt
has to be added otherwise it collapses....A Giant Ponzi Scheme!
4.The 7 year business cycle,depressions & recessions etc are all engineered by banks
by turning on & off the supply of their "Magick" credit money.
As J P Morgan said "Gold is money" everything else is just "Credit".....read debt!
You know your Government & Fed are lying to you when they tell you Gold is
a "tradition".........Funny how no matter how many Governments around the
World are in debt today none of them want to sell this tradition to
pay for their debts.....but they all have a paper IOU bond to sell to you!!
You really think the banks stopped at fractional reserve" thinking" to just your
deposit account!Yes they take your $1000 in deposit & by the "Magick" of the
fractional reserve banking system turn it into $60,000 of credit that they collect
interest on.They employ the same system with Gold & Silver by issuing Paper
certificates & ETF's....this market is thought to operate on a fractional reserve
of 100 to 1.....for every physical oz of Gold & Silver that exist,the bankers have
created 100 paper oz's........the alchemists nirvana.
So Waveoids.... Yes the bankers can "magickly" print how many Wave shares they want
to do whatever they want to your stock........this is the system.
Btw 4x our school of thought is no different to the bankers school of "private" thought
as well.......he was truely shocked my wife knew so much!!:)
Doma.
dig space.....
"Alea e.g. recently pointed out an agreement that the NHS entered into with MFE back in June of 2008 for DLP products. I believe the acquisition of Safend puts Wave in a better position to be able to compete for such contracts going forwards, and will allow them to bridge the gap from software DLP to TC-hardened DLP for transitional customers (in an amount greater than 5% of Wave's value on Sept 22nd, 2011)."
As i pointed out to Alea as of sept this year the UK Government scrapped their £12Billion NHS
Central IT system,they have a £20billion black hole to fill by 2015 while implementing a move
from central to local decision making.....sounds like a complete mess to me!
Unfortunately my NHS post was deleted.
Doma.
dig space........edit..the very idea that a
company buys another company with cash & shares,then registers those
shares for sale is an extremely complex issue & therefore i seem to be
struggling & missing the point....thanks for going through it!
Doma.
P.s Just like the fact that Safend's investors book value of Safend was almost
zero in Dec 2010 yet Wave paid 60 cents on the dollar....i will leave these
mighty complex troubling issues for your mind to ponder.........thanx.
"IDB Holding Corp. Ltd. (TASE:IDBH) venture capital arm Elron Electronic Industries Ltd. (Pink Sheets: ELRNF; TASE: ELRN), Walden Israel, and Intel Capital invested $21 million in Safend. Elron owned 20% of Safend, and reported a $2.5 million loss on the investment as of the end of 2010. It books the company at near zero value. Despite the disappointing exit, the investors may get back more on the investment depending on the performance of Wave Systems' shares."
Dory......actually on reading the S3
It clearly means two thirds of 600,723.....
600,723 shares of Class A common stock, representing $1,330,000 of the Total Consideration payable to the Safend Shareholders, will be held in escrow pursuant to the terms of an escrow agreement (the “Escrow Agreement”) by and among Wave, the Safend Shareholders and ESOP Management & Trust Company Ltd., as escrow agent. The shares of Class A Common Stock held in escrow will serve as a reserve for any payments by the Safend Shareholders in connection with (i) any post closing adjustment to the Total Consideration in respect of the actual amount of cash, debt, working capital and transaction expenses as of the Closing Date and (ii) to satisfy claims for indemnification by Wave pursuant to the Purchase Agreement. In accordance with the terms of the Escrow Agreement, two-thirds of the escrowed shares will be released to the
10
Table of Contents
Safend Shareholders 12 months after the Closing Date and the remainder will be released 18 months after the Closing Date (in each case, subject to reduction for any then pending claims).
Dory.........thanks.
You are the first to mention the escrow period,but yes i have seen
enough Wave S3 filings play out to know most of the time these shares are
shorted against the box.
Doma.
dig space......i have to LOL!
Registering the shares to sell a few weeks after the deal with the intent
to sell these shares into the open market from time to time is standard
boilerplate & IN FACT indicates Safend's Investors have no intention
of selling for the next 5 years at least....otherwise they wouldn't have
filed the S-3.Black is white,wrong is right,up is down & War is peace.
Brave New World.
Doma.