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Re: Wildman262 post# 142486

Tuesday, 04/24/2007 1:26:22 AM

Tuesday, April 24, 2007 1:26:22 AM

Post# of 249379
Wildman262-thanks for your consideration. This means that the 500k was ok all the way through the dilution of outstanding shares to 120M. Or was the BOD just derelict in not increasing the option max as dilution occured? Apparently Wave never did use the 500k max even though it was authorized. This begs the question if we did not use it when we had such a large base of shares why would we need it now. Perhaps the reasoning for attracting key employees is not justified either and just part of the overall ploy to get positioned for the coming revenue wave. ha.

Maybe SKS was sincere when he said there was nothing sinister behind the change and they won't use it anyway. Fine, then don't do it. Just change it back. Or perhaps spend the $140k, reduce the 500k to 250k and get half as rich. Half as rich should still be worth the $140k. And everybody is happy.
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