Wave Systems Corp. (fka WAVXQ)

[player1234]

I would also say yes to the first question because the real reason for this vote is to greatly expand the number of shares they have available to sell after the 1/3 rule numbers start aging out.

The market cap issue is going to get them in February anyway. There is no 180-day extension to that.

As to the 2nd question: "To transact such other business as may properly come before the Special Meeting or at any adjournments or postponements thereof." leaves a lot of wiggle room.

Given the obvious disdain this management team and BoD has for shareholders, I expect they will do whatever they can to make sure they have cash available for their bonuses. A reverse split by itself doesn't do that, but increasing the number of shares they can sell sure does.