Wave Systems Corp. (fka WAVXQ)

[dig space]

looks like the math here is off, the shelf seems to have about $10m, assuming they go for a 2:1 shares to warrants, more like $6-7m cash, blance in warrants overhang.


I, too, dont keep close tabs on this company owing to the overriding nature of the broader picture, I just try to guestimate a : If successful pull-out, what be the share count then ... I'm using 75m.