Wave Systems Corp. (fka WAVXQ)

[rachelelise]

Snackman

My question (which seems that you are answering it) was whether not voting is the same as voting no in terms of this proposal and if this was the way share votes usually work. Since I assume most people don't vote their shares, it would seem getting over 50% of the votes affirmative would be a huge and uncertain task. In this situation getting 50%+ voting yes hardly seems like a slam dunk. Does that also apply to the directors or just the option plan. Hard to believe the directors would get a 50% affirmative vote especially since they and management don't own that much.