Wave Systems Corp. (fka WAVXQ)

[internet]

guvna...I think this news may help to explain why Wave was in such a rush to sell some of their shares. I've got a number of sspx shares....I'll wait to see how this plays out over then next few days before I buy any more....The fundamentals of SSPX are actually very interesting:
1) Burn rate...~ one million/month
2) Revenue.....~one million /month
3) Cash on hand (after recent PP)...10 million
4) 90-95% of current revenue is being generated from the gov. sector...with a growth rate of ~ 25% (info from recent SHM)
5) SSPX is making their products available in the commercial market...but my gut feeling is that it will take 6-18 months to make a difference on the bottom line.

Interesting little company

Sincerely,

Jas