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Re: tkc post# 240646

Wednesday, 01/28/2015 12:29:22 AM

Wednesday, January 28, 2015 12:29:22 AM

Post# of 248770
Thanks tkc. Perhaps the actual Q3 burn was closer to $2.5m (thank you alea) meaning if Q4 is no higher, cash today is around $5.5m including January's burn. This 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).

Obviously dilution is sour gapes for shareholders and can't end soon enough. Of course the sales pipeline yielding sustainably higher VSC 2.0 sales to eliminate the burn for subsequent quarters going forward is the cure. Naturally this is the objective.

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