Wave Systems Corp. (fka WAVXQ)

[Escrow56]

Statements made that were carried through. Cut costs, replace dead would in the sales department, dead wood in management, develop products by listening to our clients (yet to be seen). There are now board members buying shares. All old board members except for one are out. New attitude, new management practically new company. As I said, when turning a big ship being off a few quarters is not a big deal. Continuing to miss by the shareholder meeting would cause me to reconsider. A miss by July would not be acceptable.