Wave Systems Corp. (fka WAVXQ)

[player1234]

The naivity of some investors:

"for sale is a company with:

1) a break even cash flow and experienced staff.
2) a large pipeline of potential customers.
3) a patent portfolio of indeterminate value
4) a tax loss that is worth upwards of $90,000,000 that is 90 million dollars to an acquiring corporation. Assuming buyer is in 30% bracket and a $300,000.000 plus loss (which I believe Wave has far exceeded)"


1) No. They are not at CFBE and won't be this quarter. The expenses for Q3 will be closer to the $7m than the $3.5m. The 40% of the remaining "experienced staff" will have their CVs/resumes on the street.
2) Where? The pipeline has been shown to be empty. That's why they are in this situation.
3) So far, the value has been $0
4) Ah, the fantasy continues. The tax loss carryforward will be almost worthless to an acquiring company except in very special circumstances, such as a LBO.