edit2: Wave's basis in SSPX = $3-4
You can verify this by tracing back the original exchange in shares (though Wave originally held preferred that were converted or exchanged for common a few years ago -- past 10Ks set out the details).
Wave will take a loss of @ least 50% on that "investment."
btw, awk, who told you that Wave has some MSFT "relationship"? What details (if any) did the source provide about this purported "relationship"?
The only public info related to Wave & MSFT is four years old & Wave has a long history of announcing "relationships" & never updating investors when the "relationship" ends (or when the Euro card reader trial fails, or when the chip company decides to scrap the chip that was supposedly on some slow boat from Asia, or when some phantom Mexico deal falls through, or when there is a lawsuit in Israel that kills some Wave deployment deal, etc.).
Has Trippi figgered out yet if he still owns wavx? Why doesn't he just loan Wave some of the $8M he took in fees from the Dean campaign to prop them up for another Q?
60K share sell tanks wavx? What was it that Snack posted recently about no buyers & no sellers?
Zen, is that buddy still holding all his PP shares? Is he still a well-heeled wavoid?
Still think a buck (or below) is impossible?
good luck!
edit: What do these 5 stocks have in common besides being the 5 most popular on iHub?
Hot Stock Boards Today
1. CMKM - CMKM Diamonds Inc. CMKX Quote/Level II
2. Triangle Multi-Media Ltd., Inc QBID Quote/Level II
3. Wave Systems WAVX Quote/Level II
4. InterDigital Communications IDCC Quote/Level II
5. Pinnacle Business Management PCBM Quote/Level II
past is prologue.
edit2: awk - clever wavoid "stealth" technique. of course i cannot prove the negative which supports that theory. but there is no PUBLIC info to support it either & until there is, the little CEO who cried wolf lacks credibility IMO.
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