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warbil

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warbil

Re: None

Thursday, 11/09/2006 5:48:34 PM

Thursday, November 09, 2006 5:48:34 PM

Post# of 249374
Breakeven in Q2. Chip licensing should provide between one-half to two-thirds of the needed revenues. Enterprise will need to be $2.0 to $2.5 million and Wave thinks they have that much in the pipeline already.

Wave has sufficient cash to get through Q2. If Q2 is breakeven, then additional financing shouldn't be needed unless they ramp up for new business requirements.

WAVX has little to no competition at the present time. WAVX operating in a global marketplace so opportunity is enormous.
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