Wave Systems Corp. (fka WAVXQ)

[RootOfTrust]

As I stated in my last two posts the "dozens of pilots" was stated here:

https://www.wave.com/buzz/pr/wave-systems-announces-first-us-federal-government-customer-wave-virtual-smart-card-2.0

Since the Virtual Smart Card 2.0 became commercially available in late July 2014, Wave has entered into dozens of pilot deployments in multiple sectors, including healthcare, financial services, automotive, energy and utilities. However, today’s announcement marks the product’s first sale in the government sector.

That folks including myself took Solms "100 VSC opportunities in various stages of development" statement in the Q3 CC to be synomous with "100 pilots" is close enough imo. Fine if they hadn't all made to pilots at that point, all that matters is that a % of them become orders. Splitting hairs here as usual.