it's all SpECulative rachel:
one thing that is a fact though, is that government agencies move slowly in these sorts of matters. another is that the holidays are upon us & that will likely slow things down even further. look how long it took to get the last PP registered w/out the specter of a formal investigation.
even if Wave is vindicated for unloading more than a half million shares into the august pump, the financial crisis remains.
Wave has enough cash for about 6 weeks (which btw, is "Three Weeks" times two) & it is entirely possible that the formal investigation will be delayed into January.
Wave doesn't have the luxury of time on their side & it would be a tremendous show of good faith & confidence for the fmr CEO to "loan" Wave a few million to tide them over...
doubt that'd ever hauppen, but if it did, it could be construed as an indicia of Spague confidence in the future of the enterprise.
