Wave Systems Corp. (fka WAVXQ)

[go-kitesurf]

RWK, you guys are forgetting or misinterpreting,

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."

I think SKS stated they would rather get a little more than what they need now, then go back for more later if they need to at higher prices with more development going on. This would afford them less dilution and more options since Wave would be in a stronger position. Boy, the facts sure get twisted around here. I NEVER recall Wave stating they would never need additional funding.