Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

If I was a long in a position looking at the very real chance of drowning in losses....what really stinks is this and I think this really puts what the former genius and gang thought of the shareholders. Given the anger directed at Solms why was Sprague and co given a free passs on compensation for years when it far exceeded what others at startup type companies were making? Especially when I can recall that sort of verbiage being used at many different times. The history of this type of behavior and disregard for any sort of fiduciary responsibility set the table for what is going on today. It resonated from the offices to the BOD who sat on their hands and idly watched- negligent in there protection of shareholder interest.

That crew cash grabbed an raped the finances right until the exits opened for them. The lack of insider buying, the guaranteed raises,,the super voting power of the shares, the risk all being put on the common shareholder...Was there ever a PP underwriter who took a bath???

At every turn the shareholder has been left holding the bag..and for a good portion of that they were cheering. What a shame and what a complete and utter lack of conscience that has been shown these shareholders.

There are words that have been spoken otherwise..but the actions show the truth.