Wave Systems Corp. (fka WAVXQ)

[xxxxcslewis]

Snack,

I believe a "death spiral" requires that convertible securities be issued by a company. Those securities enable holders to short against their position without risk and also to manipulate the stock price. I don't think a reverse split would have the same effect and also don't expect it will be necessary to avoid delisting. I am firmly in the good news is coming soon camp.