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Post# of 248904
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Snackman

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Snackman

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Re: player1234 post# 239788

Monday, 11/17/2014 5:38:59 PM

Monday, November 17, 2014 5:38:59 PM

Post# of 248904
Got this from a source.

It's the prudent thing to do given their circumstances and is not a signal of anything other than they are obligated to shareholders to have a "Plan B" for capital raising. There are no current plans for selling any stock and I don't think even any formal banking relationships.


But should Wave need to raise some capital - a shelf enables them to do so on more favorable terms - vs. an unregistered capital raising.

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