Wave Systems Corp. (fka WAVXQ)

[rachelelise]

tkc

I think you are extrapolating and making guesses here. Reg FD (which is full disclosure) is not so rigid as to require companies to announce cash positions. So while Wave may be low on cash and working on a funding solution, they do not need to announce this to everybody. Sure if they were bankrupt and filed, they would mention it but I think you are over reaching on their status and obligations and then adding in fears of law suit to boot.

If they are as low as some suspect, then I think you can expect some news concerning the solution pretty shortly.