Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

There are 13,000,000 B shares authorized but only 8,885 owned. If there are approx 60M outstanding A class shares a 1-20 puts the voting float at 3M shares 591,116 of those B shares need to get snapped up to secure any vote the BOD sees fit. There is no value on those share per se because there is no market. If the SP drops to .06 you are talking less than 35,500 to acquire enough shares. Probably even less than that when you consider the A shares held by the insiders as well.

Whatever is going to happen is going to happen. Per business as usual the shareholders probably won't have a voice in the outcome.