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Re: svenm post# 24221

Wednesday, 12/24/2003 3:10:34 PM

Wednesday, December 24, 2003 3:10:34 PM

Post# of 249133
"My source (informally from a Wave employee) indicated that there were actually two Japanese OEM's that had signed agreements." --- svenm. Sven, are you in the United States?

Wave employees doknow the company is the target of a formal SEC investigation, don't they?

SO, would a "reasonable investor" consider the execution of 2 OEM contracts to be material information?

btw, oknpv, that "killing" is down 4% in AH:

http://quotes.nasdaq.com/quote.dll?page=afterhours&mode=frameset&symbol=ONT&symbol=WAVX&...

24, i speculated that placing the PP shares (by virtue of an approved S-3 registration) might be jeopardized by the ongoing investigation... also posted that i wasn't sure about the Commission's policy as it relates to whether suspect companies are permitted can continue to print new shares during any investigation. i don't know the answer. can you provide documentation that clarifies whether Wave can do additional rounds of diultion during the inquiry?

what if this investigation extends beyond january? can Wave do yet another round of dilution if the investigation continues?

tia!

SO, Zen, why would i need to store any doc which recounts some of Wave's many foibles in a "smartsafe"?!?

& yeah, it takes soooooo much effort to select all & then copy the text from a post to paste it into a word doc...


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