Wave Systems Corp. (fka WAVXQ)

[player1234]

This is bad. They cancelled the financials again.

https://www.wave.com/buzz/pr/wave-systems-announcement-regarding-its-q3-2015-earnings-release-and-conference-call

"LEE, MA--(Marketwired - November 16, 2015) - Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider, announced today that its quarterly financial statements have not been finalized and that its previously scheduled 2015 third quarter earnings release and conference will not take place on Monday, November 16, 2015."

No new date was announced. They will now be out of compliance with the SEC in addition to their NASDAQ non-compliance issues.

With inept management like this it is easy to see why no one would trust buying security products from them.

Given the difficulty they are having getting a single quarter's minuscule numbers together, I would venture a guess that the previous firm resigned because of some misgivings about the financial arrangements going on.