Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

I doubt Solms will be CEO for much longer. He gave Wave an extra chance. He built a product that seemed to attract some level of curiosity and perhaps interest. But it sounds like Wave was already too damaged to complete a transaction. There's nothing for him to stick around for, other than perhaps to arrange a sale.

Now it is a question of picking up the pieces. Looks to me like Wave is priced on a break-up basis.