Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

Its been a glorious fall here with all the colors and such. The leaves have almost all left the trees. There are always one or two straglers that hang on for dear life. These too will eventually make their way to the ground. About the same time this year that it will become apparent there is no revenue upside surprise...there is no other way than dilluting the shareholders yet again to repay that heinous loan and there is no avoiding a nasdaq delisting. On the bright side i think the shareprice is too low here to consider a reverse split. I
They very well could but at what price? If the above scenario plays out where will the supprt come from? A 1- 20 only gets the price to a little over 3 from here and knocks the outstanding shares way down..well under 3M, and without any news I think u might see institutional holders start to bail before end of year as well.