Wave Systems Corp. (fka WAVXQ)

[cypher]

Blue,
There is no good news.. I just heard they has not paid the employees until today in some cases a week late.
In addition it looks like the only funding source they have is some egregious corporate payday loan outfit raping them on AR factoring. From this we can conclude Bill has been telling lies for some time concerning Waves access to capital. They have now reached the literal bottom of the barrel.
I can't imagine any of the smart employees are left at this point.
I do know for a fact that their entire IT staff is long gone, as are all their Sales engineers. Not sure who is/ can support their customer base at this point.
If anyone noticed the security blog is also offline on the website. Guess they didn't pay the hosting provider and given its blue host and just maybe at most $20/mo.. I think that in itself speaks volumes about the state of affairs...