Wave Systems Corp. (fka WAVXQ)

[SPIN]

"they might catch some of the manipulators who trade this stock."

be careful whatcha wish for -- CFO sold 150K shares just off the multi-year high & didn't pay back the six figure "loan" granted to him. SKS intimated in an e-mail that his removal had been contemplated.

guess it's okay to post info about IBM being halted & investigated by SEC, but not okay to post breaking news on the wife of Enron's CFO rolling over & entering a guilty plea.

& btw, to whoever posted it was a tad more serious than Wave's dilemma -- i suspect IBM has the ability to effectively deal w/the inquiry & defend itself, especially w/billions on the balance sheet & an in-house corporate counsel staff larger than the law firm that represents Wave!

Wave might have that $7.1M (nevermind that the PP shares are still not registered & approaching 60 days since announced), but those funds were 100% earmarked for keeping the lights flickering on Pleasant St.