Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

I am going to be really curious over the next few weeks to see what the hell they are going to do for cash...They had unexpected to casual observers but probably not inside the company of severance pay. Sales are probably as poopy as ever and they cannot tap the shelf per the release from the company

"As detailed above, the funds available under the 2015 shelf registration statement will remain unavailable if Wave's aggregate market value of the common equity held by non-affiliates does not increase. Our ability to raise the necessary capital to fund operations is limited and has been made more difficult by our recent decline in market capitalization.
Our continued decline in market capitalization and the limited resources in place after the global restructuring will make it more difficult to complete sales and generate more revenue."

They are pretty much at the mercy of whomever wants to step forward at whatever terms they present. They have no bargaining power. Zero.