Wave Systems Corp. (fka WAVXQ)

[Genz2]

Bankruptcy

Bankruptcy was closed on the 9th. Unsecured creditors are receiving or have received approximately 55% of what they wanted. The shareholders didn't receive anything. The final decree says that the case can be reopened. Those are my recollections that I believe to be accurate. Also there may be some distributions, but those may be for creditors. All it would take is a change in companies turning on a integral device called the TPM (using Wave's ERAS)to possibly change the current status of shareholders participating in having a share. Use the TPM, don't waste it. imo.