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Re: rwk post# 33457

Friday, 03/12/2004 10:30:11 AM

Friday, March 12, 2004 10:30:11 AM

Post# of 252307
RWK, re: "SKS reportedly turned down extra funding at $1.90 because he felt confident Wave would do better in the future. Yet once again it appears that events will prove him to be in error."

You said you were perplexed by this. Me too, and then some!!

It wasn't that long ago that we were told we had enough funds to make it to breakeven, then in a flash we didn't. Management's "prognostications" are pathetic. It WILL cost us dearly. Am dreading the next round of financing. Just what in the world is going to propel the stock price in the short term to accomodate a decent round of funding?

D&O

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