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Fullmoon

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Fullmoon

Re: howardjoel post# 170995

Friday, 09/12/2008 3:36:37 PM

Friday, September 12, 2008 3:36:37 PM

Post# of 249154
HJ,

If everyone wanted their 8% in cash, Wave's cost of funds is about $5000 per month. If half wanted their dividend in stock, it's $2500 per month. Given the size of their burn, it's not that much.

If we start to see upward momentum in the common's price, fewer will take cash and more will take forty-four cent stock as payment. With the news I anticpate, I think this is the most likely scenario.

FM
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